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If you left the DOE...

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TheDivineMrsM
2 girls 4 me!

Member since 8/08

7878 total posts

Name:
Mama mama mama....

If you left the DOE...

What happens to the $ in a TDA? Can it be rolled into a 401k? What about the money paid into the 55/25 program? I heard a rumor that you can get half of it back?

Posted 4/29/13 9:33 AM
 

SLPlady1984
She's here!

Member since 6/12

1207 total posts

Name:

Re: If you left the DOE...

I heard that too but only if you left after 10 years of service

Posted 4/29/13 11:03 AM
 

MrsProfessor
hi

Member since 5/05

14279 total posts

Name:

Re: If you left the DOE...

If I recall correctly, if you're vested it's yours. If you go to work for another school system or state agency you can roll it over.

There may be more flexibility with TDA since it's your money but I'm not sure. I also don't know about 55/25 but please update if you learn more as I paid in for a couple years but quit in 2012. If I recall anything else I'll let you know.

Also, do a pension consultation.

Posted 4/30/13 12:15 PM
 
 

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