Log in to take a lump-sum cash withdrawal from a Retirement or Group Retirement Annuity, Supplemental Retirement or Group Supplemental Retirement Annuity, Investment Solutions IRA and 457(b) plans.
Things to consider:
- We have a team of retirement specialists who can help you explore all of your withdrawal options. Please call us at
1 888 556-2917 for assistance Monday to Friday from 8 a.m. to 10 p.m. and Saturday from 9 a.m. to 6 p.m. (ET).
- Withdrawals from all plans except private 457(b) can be rolled over into another eligible retirement plan. Review the IRS information (PDF) about available tax-favored options online.
- You can roll over the withdrawal to your existing TIAA-CREF IRA.
- If you need to open a new TIAA-CREF IRA, you can do so when you request your withdrawal.
- The maximum online withdrawal request is $50,000 per calendar year. The minimum withdrawal is $1,000 or 100 percent if the account balance is less than $1,000.
- To receive your payment by direct deposit EFT to another financial institution, click I Disagree instead of submitting your request online. You'll need to print and fax us the payment destination form along with the prefilled withdrawal form.
- You can elect to use a withdrawal to satisfy the required minimum distribution.
- If additional signatures are needed, you will not be able to submit the request online. Instead, you will be provided with a prefilled withdrawal form to print and fax to us with the necessary signed authorizations.
- If you're married, your spouse must sign this request before a notary public or plan representative on the same or later date than when you sign it.
- Some plans require your employer's written approval.
- Some private 457(b) plans are subject to the employer's rules about cash withdrawals. If you are unsure about your plan, call us now.
