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  • Direct Deposit Authorization - Texas Municipal Retirement System - Tmrs

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Direct Deposit Authorization Personal Data Please type or use only black ink and do not highlight. Mail or fax completed form to TMRS. Social Security Number Name (first, middle, last) Mailing Address.

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Your member deposits are held in your member account, where they earn interest each year. Your city matches your member deposits and interest at a rate chosen by the city: 1 to 1; 1.5 to 1; or 2 to 1. City matching funds are held in the city's TMRS retirement account until you retire.

A: TMRS is a tax-deferred retirement plan. This means you have not paid income taxes on your deposits. The IRS requires TMRS to withhold taxes on refunds, unless you roll the funds over to another tax-deferred plan or IRA (Individual Retirement Account).

You will receive a lifetime monthly retirement benefit, but with no survivor benefits. At your death, all TMRS payments will cease. The Retiree Life and Survivor option provides you with a reduced lifetime monthly retirement benefit, but it provides a lifetime monthly benefit after your death to your beneficiary.

How to Complete W-2 Forms. TMRS is a qualified plan under Section 401(a) of the Internal Revenue Code. TMRS employee contributions are subject to Social Security and Medicare taxes.

When you stop working for a TMRS participating city, you can either: leave your account balance with TMRS to continue to earn interest, or. withdraw (refund) your personal contributions and the interest credited to your account.

When you stop working for a TMRS participating city, you can either: leave your account balance with TMRS to continue to earn interest, or. withdraw (refund) your personal contributions and the interest credited to your account.

If you have questions about benefits, call the TMRS Member Service Center toll-free at 800-924-8677. TMRS is governed by the TMRS Act, Texas Govern- ment Code, Title 8, Subtitle G, and is a qualified, tax- deferred retirement plan under Section 401 of the Internal Revenue Code.

To change your direct deposit account, click on MyTMRS and follow the prompts to register and/or log in. Click on the Direct Deposit link on the left side of the page under “Quick Links." If you need assistance, please call our Member Service Center at 800-924-8677.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232