What are the eligibility requirements for a hardship withdrawal?
You may request to withdraw all or part of your post-1988 TDA contributions if a sudden and heavy financial hardship leaves you unable to reasonably meet certain expenses, and other resources are unavailable to you. As defined in the Internal Revenue Code, hardship conditions include certain medical expenses, funeral expenses, post-secondary school tuition for you or a dependent, payment to prevent eviction or foreclosure, and the purchase of a principal residence. Expenses resulting from certain federally declared disasters may also qualify as eligible hardships, subject to IRS guidelines. Valid documentation would be required in all cases.
You may apply for a hardship withdrawal in the secure section of our website or by filing a TDA Hardship Withdrawal Application (code TD44).