No. You can continue to maintain your TDA account past age 75. But you would need to begin receiving an RMD that is based on your entire TDA balance.

If you are a member in active service or on a leave of absence, you may apply for a loan from the Qualified Pension Plan (QPP) by logging in to the secure section of our website or by filing a paper QPP Loan Application (code LO6) .

If you are a participant in TRS' Tax-Deferred Annuity (TDA) Program and you are in active service, on a leave of absence, or have TDA Deferral status, you may apply for a TDA loan by logging in to the secure section of our website or by filing a paper TDA Loan Application (code LO15) .

However, if you are applying for a QPP or TDA loan in conjunction with retirement, you must file a paper loan application. For more information about loans, please refer to the QPP Loans and TDA Loans brochures.

If you are over the age 59½ you can withdraw your TDA Program funds by submitting a withdrawal request. If you are under age 59½ you may be able to access TDA and Roth funds only under certain hardship conditions. You may apply for a Hardship Withdrawal in the secure section of the TRS website.

If you are a member in active service or on a leave of absence, you may apply for a loan from the QPP by logging in to the secure section of our website or by filing a paper QPP Loan Application (code LO6).

If you are a participant in TRS' TDA Program and you are in active service, on a leave of absence, or have TDA Deferral status, you may apply for a TDA loan by logging in to the secure section of our website or by filing a paper TDA Loan Application (code LO15).

However, if you are applying for a QPP or TDA loan in conjunction with retirement, you must file a paper loan application. For more information about loans, please refer to the QPP Loans and TDA Loans brochures.

T-D-A stands for the Tax-Deferred Annuity Program, which includes a traditional TDA and a Roth account option. TRS’ TDA Program is a voluntary investment plan that allows you to save extra money for your retirement.

This defined-contribution program, established under Section 403(b) of the Internal Revenue Code, provides TRS members with the opportunity to save additional funds for retirement. Participants in the traditional TDA option make contributions on a pre-tax basis, while participants in the Roth option make after-tax contributions. Generally, earnings grow tax-free in the accounts. Traditional TDA funds are taxable when received as income, while Roth funds are tax-free when received as a qualified withdrawal.

R-M-D stands for a Required Minimum Distribution. This is the amount that certain participants in TRS' TDA Program must receive from their TDA funds in a given year to meet the distribution regulations of the Internal Revenue Service. RMDs apply only to TDA participants who have separated from service, reached age 73 in 2023 or later, and have TDA Deferral status. It is important to note that the IRS imposes an excise tax on any amounts that are required to be distributed for a given year, but are not.

Also, certain members who are vested and inactive may become subject to RMD requirements for their Qualified Pension Plan accounts.

If you are close to retirement age, your Annual Benefits Statement may include estimates and projections of your TDA annuity.

Your annual RMD amount varies from year to year. It is based on your TDA balance at the end of the previous year (including any outstanding TDA loan balances) and a life expectancy factor. If you are under 75, any Pre-1987 funds (all TDA contributions and earnings as of December 31, 1986) are excluded from the RMD.

If you have only one primary beneficiary for your TDA account, the beneficiary's age may also be a factor.

No. There is no Required Minimum Distribution from a Roth account in TRS’ TDA Program.

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. If your elections have not taken effect in that time frame, then TRS may not have received your TDA Investment Election Change Form (code TD45) or online request, at least 30 days before the next conversion date. In such a case, your elections would take effect on the following conversion date.

In general, TDA investment election changes made by TDA annuitants take effect on the next conversion date that occurs at least 60 days after TRS receives their form. If your elections have not taken effect in that time frame, then TRS may not have received your TDA Annuitant's Investment Election Change Form (code RP9) at least 60 days before the next conversion date. In such a case, your elections would take effect on the following conversion date.