You have a variety of options1 when it’s time to take income from this plan:
If you're married, you may be required to get spousal consent to receive any distribution option other than a qualified joint and survivor annuity.
This plan is designed to provide you with income throughout your retirement. Leaving money in your account may allow the funds to grow on a tax-deferred basis.
This plan allows you to receive a cash withdrawal if you meet eligibility criteria. This may be restricted by the terms of your TIAA contracts. Taxes and penalties may apply.