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Can one EFT Authorization Form or...? FAQs: Yes, as long as the payments are to be deposited in the same account.
How long does it take TRS to approve an application for a hardship withdrawal? FAQs: A decision on your application should be made approximately 30-60 days after the end of the month in which TRS receives your application for hardship withdrawal.
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W2) How much can be withdrawn under the CARES Act provisions? CARES Act: FAQs for anyone visiting TRS' website.
What are the tax consequences of receiving death benefits? FAQ: Lump-sum Qualified Pension Plan (QPP) death benefit payments are federally taxed in the year that they are received (except for any portion attributable to after-tax member contributions).
As a beneficiary, may I invest the death benefit I receive in TRS' investment programs? FAQ: Beneficiaries are not permitted to reinvest Qualified Pension Plan (QPP) death benefit funds with TRS.
What is the difference between a Partial Withdrawal and a Total Withdrawal? What is the difference between a Partial Withdrawal and a Total Withdrawal?
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