All FAQs about withdrawals
Log in to your account at tiaa.org.
Select MY ACCOUNT (at the top of your secure account home page) then select Recent Service requests to see the status of all withdrawal requests you’ve made in the last 90 days.
When you withdraw money that you contributed on a before-tax basis from your retirement plan, that money is taxed as ordinary income.
If you contributed money to your retirement plan on an after-tax basis you won’t have to pay taxes. However, note that any earnings from these after-tax contributions are still taxable.
You may hold a retirement plan that allows Roth contributions, which are made with after-tax money. You can withdraw money from those accounts tax free as long as you take the money at least 5 years after January 1 of the year in which you first contributed to that plan, and you are either age 59 ½ or older, or considered disabled.
For any retirement plan, there are penalties for taking money out if you're younger than 59 ½. Any money taken from a retirement plan is generally subject to a 10% early withdrawal penalty (unless certain conditions are met).
If you take money out before age 59 ½, then you may face a penalty equal to 10% of the money you take out from a Traditional or SEP IRA.
Any money you withdraw will be taxed as ordinary income. However, if you contributed money after taxes into an IRA, your withdrawals will not be taxed.
Withdrawals are tax-free as long as you take the money out at least 5 years after the beginning of the year in which you first contributed to the plan, and as long as you are 59 ½ or older or considered disabled. If you don’t meet those requirements, any money you withdraw will be taxed as early income and subject to a penalty for early withdrawal.
Log in to your account at tiaa-cref.org.
Select MY ACCOUNT (at the top of your secure account home page), then under Quick Links, select Upload Documents.
Select the Shared Files tab in the Message Center.
Follow the on-screen instructions to upload your completed form.