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May I use a direct withdrawal to pay off a TDA loan? FAQ: Yes. You may use the withdrawn money at your discretion.
W8) Can I take a TDA withdrawal that exceeds the CARES Act dollar limit? W8) Can I take a TDA withdrawal that exceeds the CARES Act dollar limit?
Do I have to withdraw or roll over my total TDA account balance when I reach age 75? FAQ: No. If you are maintaining a TDA balance through TDA Deferral status, you would need to begin receiving an RMD that is based on your entire TDA balance.
How can I file for a TDA withdrawal or rollover? How can I file for a TDA withdrawal or rollover?
W3) Are there service or age restrictions on a CARES Act TDA withdrawals? CARES Act: FAQs for anyone visiting TRS' website.
Why is my maximum available TDA loan amount the same as my maximum available QPP loan amount? FAQs: Similar rules restrict the maximum available loan amounts under the QPP and TDA loan programs.
W8) Can I take a TDA withdrawal that exceeds the CARES Act dollar limit? CARES Act: FAQs for anyone visiting TRS' website.
W5) Is there tax withholding on a CARES Act TDA withdrawal? W5) Is there tax withholding on a CARES Act TDA withdrawal?