If you are turning 73 in 2024 and have a tax-deferred annuity (TDA) account, you will have to begin making annual withdrawals from your TDA (called a required minimum distribution or RMD).

TRS notifies members each spring about the RMD amount they must receive that year. Members can choose when to meet the requirement during the year. Those who do not make an election by Oct. 31 automatically receive the RMD from TRS at the end of December.

Changes in 2024

TRS is changing the RMD notification process this year. Most TRS members will no longer receive their RMD notification letter in the mail; instead, the letters will be available for viewing online in the secure section of the TRS website. TRS will send an email to members in April or May of 2024 to tell them when they may view their notification letter online and file an online RMD election form.