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FAQs: Direct Withdrawals of TDA funds are generally taxable.
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FAQs: TRS would issue your distribution of TDA funds as follows:
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FAQs: A decision on your application should be made approximately 30-60 days after the end of the month in which TRS receives your application for hardship withdrawal.
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FAQs: If you take a leave of absence, you automatically qualify for a 12-month grace period when loan payments need not be made.
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FAQs: When you retire, any outstanding QPP or TDA loan balance would be deducted from your funds in the corresponding program, reducing the amount available for your retirement.
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FAQs: You may transfer the amount of your outstanding QPP loan if you are transferring your membership to one of the following retirement systems: the New York City Board of Education Retirement System; the New York City Employees' Retirement System; the New York State Teache...
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Agenda
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FAQs: No. They may designate someone else if they choose.
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The TRS website site map.
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