☰
✕
Sign In

Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 4, 2019 4:43:18 PM

Is TIAA-CREF a qualified government retirement distribution for MA?

I received this distribution from my father's account upon his death.

0 2 8994
1 Best answer
Intuit Alumni
Jun 4, 2019 4:43:20 PM

According to Department of Revenue of Mass, 403(b) retirement plans cover employees of universities, tax-exempt or non-profit organizations and local governments. Two types of 403(b) plans are:

  • Tax-Sheltered Annuity Plan (TSA);
  • Teacher's Insurance and Annuity Association and College Retirement Equities Fund (TIAA-CREF).

Therefore, TIAA-CREF is a qualified government retirement plan.  In the program, on the screen, Was This Distribution From a Qualified Plan?  You will select From a Qualified Plan.

2 Replies
Intuit Alumni
Jun 4, 2019 4:43:20 PM

According to Department of Revenue of Mass, 403(b) retirement plans cover employees of universities, tax-exempt or non-profit organizations and local governments. Two types of 403(b) plans are:

  • Tax-Sheltered Annuity Plan (TSA);
  • Teacher's Insurance and Annuity Association and College Retirement Equities Fund (TIAA-CREF).

Therefore, TIAA-CREF is a qualified government retirement plan.  In the program, on the screen, Was This Distribution From a Qualified Plan?  You will select From a Qualified Plan.

New Member
Jun 4, 2019 4:43:21 PM

TIAA-CREF is a Qualified Plan but NOT a Qualified Government Retirement Distribution, correct?