403(b) Annuity - possible collateral for loan?

By Guest totanyijr
October 17, 2006 in 403(b) Plans, Accounts or Annuities

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Guest totanyijr

Posted October 17, 2006

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Posted October 17, 2006

I have a TIAA-CREF contract that permits no loans. It was issued in the early 1970s. Is it possible for the assets in such a 403(b) to be used as collateral for a loan from another source either before retirement or after initiating distributions from the assets? Possible sources of information about this would be most welcome.

Thanks.

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