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URL:  http://boards.fool.com/if-this-will-make-things-any-clearer-tiaa-cref-11082470.aspx

Subject:  Re: Annunities Date:  7/24/1999  12:16 PM
Author:  TchrP Number:  12527 of 76418

If this will make things any clearer:

TIAA-CREF allows cash withdrawals from CREF accounts (and certain TIAA accounts), subject to IRS and employer restrictions. Information is at http://www.tiaa-cref.org/ra-cash.html.

Separately from any cash withdrawal, it's possible to withdraw up to 10% of whatever is being annuitized as a "retirement transition benefit."

There is also a provision for taking "systematic withdrawals" instead of, or prior to, annuitizing the account. The web site has information about both of these as well as about taking only minimum distributions.
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