0 Replies Latest reply on Mar 26, 2017 2:21 PM by JM61

    Loan?

    JM61

      Has anyone taken a loan from TIAA CREF that still had an outstanding balance at retirement? Did this negatively impact your options when it came time to select your game plan for disbursements? I took a small loan from my GSRA which was entirely invested in CREF products, didn't really understand it, it somehow then became a part of my 403B TIAA situation? Wondering if paying the loan off before retirement would change the options I am have at retirement? Do they automatically deduct the loan balance and close the loan at retirement? It was quite bizarre to borrow money from myself but it certainly was a better interest rate than any other option I had.