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Teachers' Retirement System of the City of New York

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Benefits Report (Fall 2021) newsletter
W13) Can I repay a CARES Act TDA withdrawal to an account other than my TRS TDA account? W13) Can I repay a CARES Act TDA withdrawal to an account other than my TRS TDA account?
Why didn't my TDA investment election changes take effect in my account? FAQs: In general, TDA investment election changes made by in-service TDA participants and members with TDA Deferral status take effect on the next conversion date that occurs at least 30 days after TRS receives their form or online request.
What are my TDA options if I retire from active service? FAQs: On your QPP retirement application, you must decide how your TDA funds will be distributed. You may receive your TDA funds as an annuity separate from your QPP retirement allowance.
Will my TDA funds continue to receive investment return and/or interest after I retire? FAQs: If you elect TDA Deferral status or annuitize your TDA funds, your TDA funds would receive investment return and/or interest based on your investment elections.
W7) Are CARES Act TDA withdrawals eligible for rollover? CARES Act: FAQs for anyone visiting TRS' website.
W3) Are there service or age restrictions on a CARES Act TDA withdrawals? W3) Are there service or age restrictions on a CARES Act TDA withdrawals?
W5) Is there tax withholding on a CARES Act TDA withdrawal? CARES Act: FAQs for anyone visiting TRS' website.
W11) How long will the CARES Act TDA withdrawal option remain available? CARES Act: FAQs for anyone visiting TRS' website.
W10) How do I apply for a CARES Act TDA withdrawal? CARES Act: FAQs for anyone visiting TRS' website.