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There are no liquidity restrictions or surrender charges. RA contract do not allow for lump-sum withdrawals or periodic withdrawals of less than annual frequency (10 annual installments over nine years and one day). SRA/GSRA allow you to take your money all at once or receive a periodic payment of your choosing.
What are the three types of retirement funds?
Although 401(k) plans and IRAs are among the most common, they are far from the only options available. Other types of retirement savings accounts include: 403(b) and 457(b) plans.
What is the difference between RC and RCP TIAA?
The difference between the RC and RCP contract is the source of the contributions. University contributions will be maintained under the RC contract while your employee contributions will be maintained under the RCP contract.
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