Yes. The following information is intended as a summary for Non-qualified withdrawals. Please consult a trusted tax advisor for more information.

• The portion of a Non-Qualified Roth withdrawal that represents contributions is tax-free, but the portion representing investment earnings is taxable.
• The IRS requires TRS to withhold a minimum of 20% of the taxable portion of any withdrawal that you do not directly roll over to an eligible successor program; you can elect a higher percentage when you file for a withdrawal.
• The taxable portion of any withdrawn funds is taxable upon receipt and will be reported to the IRS in January following the calendar year in which it is distributed. The amount withheld would be forwarded to the IRS and credited toward your taxes for the year of distribution. (Within 60 days of the distribution date, you may roll over any taxable amount you receive or roll over the entire amount of the distribution by replacing the amount withheld by TRS with money from other sources.)
• The IRS may impose a 10% early distribution tax on taxable funds you withdraw before reaching age 59½.

Yes. The following information is intended as a summary for Non-qualified withdrawals. Please consult a trusted tax advisor for more information.

• The portion of a Non-Qualified Roth withdrawal that represents contributions is tax-free, but the portion representing investment earnings is taxable.
• The IRS requires TRS to withhold a minimum of 20% of the taxable portion of any withdrawal that you do not directly roll over to an eligible successor program; you can elect a higher percentage when you file for a withdrawal.
• The taxable portion of any withdrawn funds is taxable upon receipt and will be reported to the IRS in January following the calendar year in which it is distributed. The amount withheld would be forwarded to the IRS and credited toward your taxes for the year of distribution. (Within 60 days of the distribution date, you may roll over any taxable amount you receive or roll over the entire amount of the distribution by replacing the amount withheld by TRS with money from other sources.)
• The IRS may impose a 10% early distribution tax on taxable funds you withdraw before reaching age 59½.

This means that you have not yet met your minimum accumulation requirement. There are several reasons why this might be true: you may not have contributed for 20 years; you may have been contributing at less than your certified rate; or you may have elected FICA Class C, which means that your pension deductions are being applied to both your pension and your Social Security, thus resulting in a lower QPP contribution rate.

Required documents can be uploaded online after you submit your application. Alternatively, you can mail the documents to TRS. Details for each option are included in the online application. TRS must receive the required documents within 10 days from the date of your submission; if the required documents are not received within 10 days, your hardship application will be canceled and you must file a new application.

The following information is intended as a summary. Please consult a trusted tax advisor for more information.

The IRS requires TRS to withhold a minimum of 20% of the taxable portion of any withdrawal that you do not directly roll over to an eligible successor program; you can elect a higher percentage.

The taxable portion of any withdrawn funds is taxable upon receipt and will be reported to the IRS in January following the calendar year in which it is distributed. The amount withheld would be forwarded to the IRS and credited toward your taxes for the year of distribution. (Within 60 days of the distribution date, you may roll over any taxable amount you receive, or roll over the entire amount of the distribution by replacing the amount withheld by TRS with money from other sources.)

The IRS may impose a 10% early distribution tax on taxable funds you withdraw before reaching age 59½.

For TDA withdrawals, distributions generally are federally taxable and may be subject to state and local taxes; please check with your tax advisor. If a TDA loan is deemed a distribution in the same tax year in which you receive a TDA direct withdrawal, the IRS would require TRS to withhold 20% of the taxable portion of the deemed distribution from the TDA withdrawal; this withholding would apply if your loan balance is deemed a distribution before your TDA withdrawal is processed, and would be in addition to the 20% withholding required separately for the TDA direct withdrawal. The total amount withheld would be forwarded to the IRS and credited toward your taxes for the current year.

There are two types of Roth withdrawals and the taxability for each is different. See the FAQs about Qualified Roth withdrawals and Non-qualified Roth withdrawals for more information.

The following information is intended as a summary. Please consult a trusted tax advisor for more information.

The IRS requires TRS to withhold a minimum of 20% of the taxable portion of any withdrawal that you do not directly roll over to an eligible successor program; you can elect a higher percentage.

The taxable portion of any withdrawn funds is taxable upon receipt and will be reported to the IRS in January following the calendar year in which it is distributed. The amount withheld would be forwarded to the IRS and credited toward your taxes for the year of distribution. (Within 60 days of the distribution date, you may roll over any taxable amount you receive, or roll over the entire amount of the distribution by replacing the amount withheld by TRS with money from other sources.)

The IRS may impose a 10% early distribution tax on taxable funds you withdraw before reaching age 59½.

For TDA withdrawals, distributions generally are federally taxable and may be subject to state and local taxes; please check with your tax advisor. If a TDA loan is deemed a distribution in the same tax year in which you receive a TDA direct withdrawal, the IRS would require TRS to withhold 20% of the taxable portion of the deemed distribution from the TDA withdrawal; this withholding would apply if your loan balance is deemed a distribution before your TDA withdrawal is processed, and would be in addition to the 20% withholding required separately for the TDA direct withdrawal. The total amount withheld would be forwarded to the IRS and credited toward your taxes for the current year.

There are two types of Roth withdrawals and the taxability for each is different. See the FAQs about Qualified Roth withdrawals and Non-qualified Roth withdrawals for more information.

The following information is intended as a summary. Please consult a trusted tax advisor for more information.

The IRS requires TRS to withhold a minimum of 20% of the taxable portion of any withdrawal that you do not directly roll over to an eligible successor program; you can elect a higher percentage.

The taxable portion of any withdrawn funds is taxable upon receipt and will be reported to the IRS in January following the calendar year in which it is distributed. The amount withheld would be forwarded to the IRS and credited toward your taxes for the year of distribution. (Within 60 days of the distribution date, you may roll over any taxable amount you receive, or roll over the entire amount of the distribution by replacing the amount withheld by TRS with money from other sources.)

The IRS may impose a 10% early distribution tax on taxable funds you withdraw before reaching age 59½.

For TDA withdrawals, distributions generally are federally taxable and may be subject to state and local taxes; please check with your tax advisor. If a TDA loan is deemed a distribution in the same tax year in which you receive a TDA direct withdrawal, the IRS would require TRS to withhold 20% of the taxable portion of the deemed distribution from the TDA withdrawal; this withholding would apply if your loan balance is deemed a distribution before your TDA withdrawal is processed, and would be in addition to the 20% withholding required separately for the TDA direct withdrawal. The total amount withheld would be forwarded to the IRS and credited toward your taxes for the current year.

There are two types of Roth withdrawals and the taxability for each is different. See the FAQs about Qualified Roth withdrawals and Non-qualified Roth withdrawals for more information.

The monthly unit values used to value in dollars) any investments in the variable-return Passport Funds depend on your membership status when filing for your withdrawal, as explained below:

• In most cases, the unit values used would be the unit values in effect for the month after TRS receipt of your withdrawal request.
• If you are filing to withdraw your TDA or Roth funds in conjunction with your separation from service, but after the withdrawal of your Qualified Pension Plan (QPP) accumulations, the unit values used generally would be the unit values in effect for the month after TRS receipt of your Application for Withdrawal of QPP Accumulations (code RW41) or TRS Membership Transfer Form (code RW39). However, if you are a non-vested member who filed to withdraw your QPP funds before the date you separated from service, the unit values used would be the unit values in effect for the month after your separation from service.
• If you are filing to withdraw your TDA or Roth funds after your TRS membership rights expired, the funds in these accounts stopped accruing interest and/or investment return on the date your membership rights expired (i.e., seven school years after your separation from service). The unit values used would be the unit values in effect for the month after that seven-year anniversary date.

The monthly unit values used to value (in dollars) any investments in the variable-return Passport Funds depend on your membership status when filing for your withdrawal, as explained below:

• In most cases, the unit values used would be the unit values in effect for the month after TRS’ receipt of your withdrawal request.
• If you are filing to withdraw your TDA Program funds in conjunction with your separation from service, but after the withdrawal of your Qualified Pension Plan (QPP) accumulations, the unit values used generally would be the unit values in effect for the month after TRS’ receipt of your Application for Withdrawal of QPP Accumulations (code RW41) or TRS Membership Transfer Form (code RW39). However, if you are a non-vested member who filed to withdraw your QPP funds before the date you separated from service, the unit values used would be the unit values in effect for the month after your separation from service.
• If you are filing to withdraw your TDA Program funds after your TRS membership rights expired, the funds in these accounts stopped accruing interest and/or investment return on the date your membership rights expired (i.e., seven school years after your separation from service). The unit values used would be the unit values in effect for the month after that seven-year anniversary date.

If you are over the age 59½ you can withdraw your TDA Program funds by submitting a withdrawal request. If you are under age 59½ you may be able to access TDA and Roth funds only under certain hardship conditions. You may apply for a Hardship Withdrawal in the secure section of the TRS website.