Early Withdrawal Calculator

When considering a withdrawal from your retirement savings, it is important to understand the potential impact of such a decision.

The tools and information on this webpage permit you to estimate the impact of taking an early withdrawal from your retirement account, including potential lost asset growth, tax consequences and penalties based on information you specify. This calculator does not take into account any impacts resulting from the possibility of your plan provider suspending contributions for a period of time after a withdrawal is taken; nor does it consider whether you might have alternative sources of money available other than withdrawing money from your retirement plan. You should consult with your employer to determine if contributions could be suspended as a result of taking an early withdrawal.

The Early Withdrawal Calculator results represent analysis and estimates based on the information you have provided, but they do not reflect all relevant elements of your personal situation. These estimates should not be regarded as predictions, advice, or recommendations. The actual impact of your financial decisions may vary significantly from these estimates. This information does not constitute an application, offer or commitment by TIAA, or a representation of interest rates, investment performance or any other future performance. The accuracy of this calculator and its applicability to your circumstances is not guaranteed. You should obtain personal advice from qualified professionals. This information is provided for educational and illustrative purposes only and is not intended to constitute legal, financial, tax, or other advice. TIAA does not provide legal, accounting, or tax advice. Please consult your tax or legal advisors before taking any action that may have tax or legal consequences.

You should not view or construe the tools and information as a suggestion that you take or refrain from taking a particular course of action, as the advice of an impartial fiduciary, or as an offer to sell or a solicitation to buy any securities. Need Help? Let our TIAA financial consultants help you understand how an early withdrawal may impact your retirement goals by contacting us at 800-842-2252.

Please answer the following questions:

+ Reason for Withdrawal is for internal tracking purposes only and is not considered in your calculation.
 
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