When You Retire
Upon your retirement, you may choose from several distribution options. You may elect to receive your accumulation in any form of payment offered through TIAA. If you are married, your right to choose an income option is subject to your spouse’s right, under federal pension law, to survivor benefits, unless you and your spouse waive this right.
As you near retirement, you may wish to review your retirement plan income options with an individual retirement plan counselor from TIAA, Vanguard or both.
For information about your distribution income options,visit the TIAA website or call (800) 842-2776 to speak with a TIAA counselor.
You can count on support from knowledgeable and responsive HR staff when you have a benefits question or problem. Just call or e-mail us. We’re here to help!
While the University intends to continue each of the benefit plans, the University reserves the right to terminate or amend any plan, at any time, and for any reason.