Tcdrs 2025

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The document is a Direct Deposit Authorization form for the Texas County & District Retirement System (TCDRS), requiring submission by the 15th of the month to ensure monthly benefit payments are directly deposited into a specified bank account. It includes sections for personal and banking information, authorization for electronic transfers, and provisions for correcting transaction errors.

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Versions	Form popularity	Fillable & printable
2018	4.8 Satisfied (37 Votes)
2009	4.3 Satisfied (166 Votes)

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What is TCDRS on W2?

TCDRS is a qualified retirement plan, which means any employee deposits to plan accounts are tax deferred until the employee withdraws their account, or starts getting a monthly benefit payment. It also means that you have to take your employees TCDRS deposits into consideration when you fill out their W-2s.

Can you withdraw money from TCDRS?

There are a lot of good reasons to leave your money in TCDRS. Your account continues to grow at 7% compound interest. Upon retirement eligibility, you will receive a lifetime monthly benefit. If youve completed four years of TCDRS service, you remain eligible for the Survivor Benefit.

What are the codes for box 14 on W-2?

W-2 box 14 codes list CodeDescription PP Payments under a section 457(b) plan QQ Nontaxable combat pay RR Employer contributions to a health savings account (HSA) SS Employer contributions to an Archer MSA15 more rows

What is my TCDRS account number?

TCDRS account number is located on your TCDRS welcome packet. If you havent received your packet yet, please reach out to the HR benefits team so they can provide it to you.