Supplemental Retirement Plan

These are important details regarding this plan.


Available to all employees.


Through payroll deductions, you can contribute additional pretax funds to a supplemental plan above and beyond what is contributed to the ORP, 457(b) or Match plan up to the IRS maximum. Elective deferrals you have made to another 403(b), 401(k), SEP-IRA, 408(k)(6) SARSEP, Keogh or SIMPLE plan will offset the amount you can contribute to the MD supplemental retirement plan.

Consult a tax adviser to determine whether the combined contributions you make to the plan and to other retirement plans do not exceed Internal Revenue Code limits.

Please keep in mind that such plans are designed for retirement and other long-term goals. Although generally meant to be invested until age 59 ½, these plans may permit withdrawals while you are still working if you incur financial hardship. If you make a withdrawal before that age, the money will be taxed as ordinary income, and you may be subject to an additional 10% early-withdrawal penalty. You can use all of the same investment choices as the ORP, along with have two more options. In addition, loans are available but certain restrictions may apply. Please call us for details.


Employer Match contributions, if made, are not made directly to this plan.


When you become "vested," you gain full ownership of the benefits set aside for you in the plan. Your right to vested benefits cannot be revoked, even if you leave your employer.

403(b) TDA plans are vested immediately. TDA benefits that are vested go with you if you leave your current job. You may roll over the accumulations in your account into another tax-qualified plan at another employer or into an Individual Retirement Account (IRA). Otherwise, you can leave the accumulation in your account to continue to participate in the investment experience until you decide to receive benefits.

If you die prior to retirement, the full accumulation is generally payable to your beneficiary. There may be tax consequences associated with the transfer of assets. Non-direct transfers may be subject to taxation, surrender charges and penalties. Consult with your own tax advisors regarding your particular situation.


Your employer offers you a variety of investment choices from an array of asset classes. You can see a list of the investment choices under this plan on the Investment Choices page.


Expenses vary from investment to investment. To learn about expenses associated with an investment, see a list of the investment choices under this plan on the Investment Choices page, and read the Fact Sheet or the prospectus for that investment.


You have a variety of options1 when it’s time to take income from this plan:

  • 59½ in Service

    You generally can withdraw funds, attributable to elective deferrals, from your account while still employed once you have reached age 59½. The amount you can withdraw is subject to your plan's rules.
  • Fixed Period

    You can choose to receive income for a set period of two to 30 years, depending on the terms of our contract and your plan's rules (and not to exceed your life expectancy).

    • Payments stop at the end of the period, during which you will have received all your principal and earnings.
  • Hardship Distribution

    If your plan permits, you can withdraw your elective deferrals (but not earnings) due to financial hardship while still employed.

    • Generally, you must show an immediate, significant need that cannot be met with other resources, including loans from your retirement plan.
  • Lifetime Retirement Income

    • One-life annuity — provides income for as long as you live.
    • Two-life annuity — provides lifetime income for you and an annuity partner (your spouse or someone else you name) for as long as either of you live.
    • One- or two-life annuity with guaranteed period — guarantees income for up to 20 years, as long as the period you choose does not exceed your life expectancy. It ensures that income continues to go to your beneficiaries for the remainder of the guaranteed period if you (one-life annuity) or both you and your annuity partner (two-life annuity) die before the end of that period.
  • Lump Sum

    You can withdraw all or part of your account in a single cash payment, depending on your plan rules and the terms of your contracts.

    • Your right to a lump-sum distribution from your TIAA Traditional Account may be restricted to taking 10 annual payments under those terms.
  • Minimum Distribution Option

    Generally, you must begin taking minimum withdrawals from your account by April 1 following the year in which you turn age 70½ or retire, whichever is later.

    • This can help you defer the minimum required distribution while keeping you in compliance with federal regulations.
  • Other in Service

    If your plan permits, you can withdraw cash from your account while still employed by your institution, but you generally must meet an IRS-defined "triggering event," such as reaching age 59½, to qualify.
  • Retirement Transition Benefit

    If your contract allows, you can withdraw, in cash, up to 10% of your accumulation at the beginning of a conversion to lifetime annuity income. The amount you withdraw will reduce your lifetime annuity income accordingly.
  • Single-Sum Death Benefit

     A set amount your beneficiary(ies) will receive from your retirement account if you die before taking income.
  • Systematic Withdrawals

    If your plan allows, you can choose to receive regular income payments (minimum $100) on a semimonthly, monthly, quarterly, semiannual or annual basis. You can increase, decrease or suspend the payments at any time.

    • These withdrawals are not available from TIAA Traditional Account balances.
  • TPA to Cash

    If your plan allows, you can withdraw your TIAA Traditional Account accumulation through a Transfer Payout Annuity (TPA) in 10 approximately equal annual payments. A lump-sum payment, subject to a surrender fee, may be available depending on your plan rules and the terms of your contract.
This plan is designed to provide you with income throughout your retirement. Leaving money in your account may allow the funds to grow on a tax-deferred basis.

This plan allows you to receive a cash withdrawal. This may be restricted by the terms of your TIAA-CREF contracts. Taxes and penalties may apply.


Because you make contributions with pretax dollars, federal income taxes are deferred on supplemental plans until you begin taking withdrawals later on.

No taxes are due on contributions and earnings until the money is withdrawn, but because these plans are intended primarily for retirement, you can generally withdraw funds only after termination of employment or age 59½ (subject to plan rules). If you withdraw funds before age 59½, they may be subject to an additional 10% early-withdrawal penalty.

For additional information and guidance, contact your tax advisor.


Loans are available on up to 45% of your 403(b)TDA balance to a maximum of $50,000. The minimum loan is $1,000. Loans are repaid using a variable interest rate. Please contact TIAA-CREF directly if you would like to take a loan.

1 The availability of certain distributions may depend on the type of contract underlying your plan. Also, if you're married, your right to choose an option may be subject to your spouse's right to survivor benefits. Talk to your benefits office for details.