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How are Direct Rollovers different from Direct Withdrawals? FAQ: If you make a Direct Withdrawal, TRS sends the withdrawn amount directly to you.
What unit value will be used to calculate a TDA withdrawal? FAQs: In most cases, the unit values used would be the unit values in effect for the month after TRS' receipt of your TDA Withdrawal Application (code TD32) or online equivalent.
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How is my RMD amount calculated? FAQ: Your annual RMD amount varies year to year and will be calculated by the IRS on a number of different factors (when applicable).
Are there different ways that I can receive my RMD amount? FAQ: Yes. You have several choices:
Is it possible for my TDA beneficiaries to get an annualized RMD payment? FAQ: Generally, RMD payments are made only to members.
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investmentMeetingMinutes100319 Minutes
How do I apply for a loan? FAQs: If you are a member in active service or on a leave of absence, you may apply for a loan from the Qualified Pension Plan (QPP) by logging in to the secure section of our website or by filing a paper QPP Loan Application (code LO6) .
I am a Tier I member who elected Plan A on my enrollment application or retirement plan election for FAQs: If you meet the requirements for Plan A or C, and if you filed an enrollment application or a retirement plan election form electing Plan A or C within two years of your appointment, please write to TRS to have the information on the ABS corrected.