TIAA Brokerage, a division of TIAA-CREF Individual & Institutional Services, LLC, Member FINRA and SIPC, distributes securities. Brokerage accounts are carried by Pershing, LLC, a subsidiary of The Bank of New York Mellon Corporation, Member FINRA, NYSE, SIPC.
Distributions and Withdrawals
All FAQs about distributions and withdrawals
Proceeds from trades are available for withdrawal upon settlement of the trade (typically 1-3 business days, depending upon the type of security). There is a seven (7) business day hold on checks and bank transfer deposits. Cash from wires are available for withdrawal the following business day. Other limitations and holds may apply.
After logging into your brokerage account online, select the Transfer Money button located at the top of the page. You are able to request one-time and recurring transactions.
To withdraw funds from a Brokerage IRA, call TIAA Brokerage at 800-842-2252, Monday - Friday
8 a.m. - 7 p.m. ET.
To withdraw funds from a Brokerage IRA, call TIAA Brokerage at 800-842-2252, Monday - Friday 8 a.m. - 7 p.m. (ET) As an alternate, you may complete an IRA DistributionOpens pdf form. For bank transfer/Electronic Funds Transfer, you will need to have a bank account associated with your brokerage account prior to distribution. Bank accounts can be added onlineOpens pdf or by contacting TIAA Brokerage for assistance at 800-842-2252, Monday - Friday 8 a.m. - 7 p.m. (ET).
Distributions are subject to Federal and State withholding and vary by State. Please review the distribution form carefully before submitting for processing.
The IRA Brokerage Window acts like a subaccount within your IRA and does not allow distributions directly from the window. Contact TIAA Brokerage at 800-842-2252, weekdays 8 a.m. - 7 p.m. (ET)., for assistance.