5/7/2023 0 Comments Irss eastern michigan uni![]() ![]() One-life annuity - provides income for as long as you live.Generally, you must show an immediate, significant need that cannot be met with other resources, including loans from your retirement plan.If your plan permits, you can withdraw some of the money you've put in over the years (but not earnings) due to financial hardship, such as medical or funeral expenses, while still employed. Even if your plan doesn't allow cash distributions, you can withdraw your entire retirement savings if your TIAA Traditional Account value does not exceed $2,000 and your overall account balance is below a limit set by your employer's plan (either $1,000 or $5,000). Your plan may distribute your entire balance if the value does not exceed $2,000. When you leave your employer, you may be eligible to withdraw your retirement savings. ![]()
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