Hello,

My father has a Retirement Annuity with TIAA-CREF invested approximately 50% in Real Estate and 50% in TIAA- Traditional.

He will begin RMD's next year, and would like to keep it as simple as possible. He also has a grandfathered amount (it's a 403(b)) so there is a portion of his balance that is not subject to RMD's until a few years later.

I was wondering if there are any issues that we might need to be aware of regarding the TIAA-Traditional account's options, as I understand their withdrawal options are limited.

Basically, the easiest solution for us would be to have RMD's come out of TIAA-Traditional, and when the balance is zero, start RMD'ing from the Real Estate account. I understand that TIAA-Traditional has an RMD withdrawal option so I am assuming that there should be no problems with this?

Thank you for any advice on the best way to approach this. And also what we should expect TIAA-CREF to make this happen in a smooth fashion. My father has had money sit in there for about 35 years and has never really dealt with customer service :-).