Get Authorization Of Interest-only Payments - Tiaa-cref - Tiaacref

Filling out the Authorization of Interest-Only Payments form is an essential step for participants aged 55 to 69½ who wish to establish an Interest-Only Option contract with TIAA-CREF. This guide provides clear, step-by-step instructions to help users complete the form accurately and efficiently.

Follow the steps to fill out the Authorization of Interest-Only Payments accurately.

1. Click ‘Get Form’ button to obtain the form and open it in the designated editor.
2. Provide your personal information, including your first name, middle initial, last name, suffix, and Taxpayer Identification Number. Ensure that you print in uppercase using black or dark blue ink.
3. Fill in your contact information, including your telephone number and state or country of legal residence.
4. Enter your contract numbers for TIAA, CREF, and the applicable plan numbers.
5. Indicate your employment status by answering whether you have separated from all institutions contributing to the annuities involved in this transaction and provide the separation date if applicable.
6. Choose your payment start date and the amount for the Interest-Only Option. Specify whether you want to use your entire TIAA Traditional accumulation or a partial settlement, ensuring the minimum is at least $10,000.
7. If performing a direct rollover to TIAA-CREF, provide the necessary account numbers and select the type of account.
8. If rolling over to another company or plan, complete the detailed sections for that process and ensure the plan administrator completes their part.
9. Specify payment instructions: choose direct deposit or mailing a check, and provide necessary banking information or documentation if selecting a new account.
10. Review the authorization and signature section carefully. Sign and date your request in black or dark blue ink. Digital signatures are not accepted.
11. Submit your completed form by selecting proper submission channels as indicated, either via fax, standard mail, or online upload.

Start completing your Authorization of Interest-Only Payments online today!