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June 23, 2011 Board Meeting Minutes
Meeting Minutes
What are the eligibility requirements for taking a QPP loan?
FAQs: You may be eligible for a QPP loan under the following conditions: a) if you are either an in-service member or on a leave of absence, and b) if you are not in default on an existing QPP loan.
When will my loan deductions begin?
FAQs: Usually, loan deductions will begin one month after TRS processes a completed loan application.
Can I make lump-sum deposits to my TDA account?
FAQs: No. There are only two ways to deposit funds into your TDA account:
What is TRS' Tax-Deferred Annuity (TDA) Program?
FAQs: TRS' TDA Program is a voluntary investment plan that allows you to save extra money for your retirement.
Can one EFT Authorization Form...?
FAQs: If you file an EFT Authorization Form all payments you receive from TRS will be deposited to the same account.
How do I prepare for the retirement process?
FAQs: If you are contemplating retiring soon, you may be wondering how to begin.
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Forms Note
If you are a Tier III member, you may elect to file for retirement under either Tier III or Tier IV.
Do I have to take a loan before I can apply for a hardship withdrawal of my TDA funds?
FAQs: No, based on an Internal Revenue Service change effective after 2019.