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FAQ: In general, the IRS requires that TDA distributions begin if you have left service (having elected TDA Deferral status) and have reached or will have reached age 72 by December 31 of a given year.
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FAQ: The only time during your lifetime that an actual beneficiary is used to calculate your RMD is when your spouse is more than ten years younger than you, and is your sole primary TDA beneficiary.
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FAQ: The only time during your lifetime that an actual beneficiary is used to calculate your RMD is when your spouse is more than ten years younger than you, and is your sole primary TDA beneficiary.
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FAQ: In general, the IRS requires that TDA distributions begin if you have left service (having elected TDA Deferral status) and have reached or will have reached age 72 by December 31 of a given year.
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TRS membership is available to certain educators who work for the New York City Department of Education (DOE), the City University of New York (CUNY), and participating New York City Charter Schools.
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The TRS Homepage enables you to login or register for access to My Home, the secure section of TRS's website. You can also enroll in TRS, find the latest unit values, and read important news.
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W14) Can I repay an external CARES Act withdrawal into my TDA account?
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FAQ: In-service Tier I and II members under the QPP, all in-service TDA participants, and members with TDA Deferral status may file a new investment election change form or online equivalent;
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FAQ: No. Only a payment from another Section 403(b) Program can take the place of receiving a distribution from TRS' TDA Program in order to meet RMD requirements.
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FAQs: No, based on an Internal Revenue Service change effective after 2019.
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