Whether and how your clients can withdraw cash from their TIAA retirement plans depends on the provisions the employer has adopted for its employees’ plan and the specific TIAA investment product being used as a funding vehicle. Many plans allow cash only at retirement or termination of employment; there may be age restrictions as well.
For information about your client’s plan rules, call Advisor Services at 888 842-0318.
Annuity contracts and certificates are issued by Teachers Insurance and Annuity Association (TIAA) and College Retirement Equities Fund (CREF), New York, NY. TIAA-CREF Individual & Institutional Services, LLC, Teachers Personal Investors Services, Inc., and Nuveen Securities, LLC, Members FINRA and SIPC, distribute securities products.