|Note: the following publication is wholly the property of TIAA-CREF|
|It is reproduced on this site merely as an example of Andrew Polon's HTML coding techiques|
|No approval or sanction by TIAA-CREF is implied or stated by the appearance of this material. It appears as a courtesy of TIAA-CREF|
|What Are The Federal Minimum Distribution Rules?|
|What Is The TIAA-CREF Minimum Distribution Option?|
|How Is My Minimum Distribution Payment Calculated?|
|Why Is Choosing An Appropriate Beneficiary Important?|
|Whom Can I Name As A Calculation Beneficiary?|
|What Is A Calculation Method And How Will It Affect My Payments?|
|How Are My Minimum Distribution Option Payments Taxed?|
|How Can I Reinvest My Minimum Distribution Option Payments With TIAA-CREF?|
|How Do Minimum Distribution Rules Apply To Survivor Benefits?|
|Some Final Thoughts|
|I. How To Complete The Forms Package|
II. Internal Revenue Service's Table A - |
Maximum Life Expectancy Divisors
III. The Effects of Calculation Methods |
on Life Expectancy Factors
IV. Conversion Options Available From The Minimum |
Points Of Contact:|
TIAA-CREF Toll-Free Numbers And The Internet
|The Web site editions of
TIAA-CREF's award-winning Library Series are unabridged from the print
versions. Some purely illustrative graphics have been removed to reduce
download times, while others appear in miniature format for the same
Library Series booklets are ordinarily published annually, so investment performance data and certain other material may be superseded by more recent information elsewhere in the Web site -- e.g., the "Statistics" section.
The Minimum Distribution Option may be suitable for you if:
It may not be suitable if:
|Example: If your accumulation is less than $10,000, it may be more beneficial to receive the entire balance in cash (if available under your employers plan) so you wont need to worry about satisfying the requirements in future years. The distribution will be fully taxable in the year of the withdrawal.|
If you feel the Minimum Distribution Option is not suitable for your needs, you can elect to receive cash withdrawals or systematic payments (if available under your employer's plan) or lifetime annuity income each year on a portion of your accumulation to satisfy the rules.
If you are interested in reviewing all of the options for satisfying the minimum distribution requirements, please call our Telephone Counseling Center at 1 800 842-27756, and request the booklet, Minimum Distribution...Making Your Decision with TIAA-CREF.
The purpose of this booklet is to discuss what you'll need to know to make informed decisions when you elect TIAA-CREF's Minimum Distribution Option. To guide you through this terminology, we have included a Glossery in Appendix V.
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