Understanding Your Retirement Plans Changes Essential Information for Participants of the tufts university retirement plans

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Understanding Your Retirement Plans Changes Essential Information for Participants of the tufts university retirement plans"

Transcription

1 Understanding Your Retirement Plans Changes Essential Information for Participants of the tufts university retirement plans

2 2

3 Introducing the changes to your Tufts University retirement plans Effective March 1, 2011, important changes will be implemented with regard to TIAA-CREF investment fund options in the Tufts University 401(a) Basic and 403(b) Voluntary Retirement Plans. These modifications were made to streamline the investment selection process to make it easier for you to build the type of retirement you want. Even though it can be time-consuming, planning for retirement is important. The Tufts University Human Resources Benefits Office, and TIAA-CREF, are committed to helping you understand the decisions you need to make for your future. TIAA-CREF Options under the Tufts University Retirement Plans TIAA-CREF will offer the TIAA Traditional Annuity account and the CREF Stock Account under the new Tufts University Core Fund lineup. The other choices through TIAA-CREF will not be available for future contributions after April 28, Below is a listing of the current TIAA-CREF options: Core Fund Menu These options will continue to be available to accept current and future contributions. n CREF Stock Account n TIAA Traditional Annuity Non-Core Fund Menu These funds are not part of the Core Fund lineup. You may leave your balance in these accounts; however, no future contributions can be made to these funds after April 28, n CREF Bond Market Account n CREF Equity Index Account n CREF Global Equities Account n CREF Growth Account n CREF Inflation-Linked Bond Account n CREF Money Market Account n CREF Social Choice Account n TIAA-CREF Lifecycle 2010 Fund n TIAA-CREF Lifecycle 2015 Fund n TIAA-CREF Lifecycle 2020 Fund n TIAA-CREF Lifecycle 2025 Fund n TIAA-CREF Lifecycle 2030 Fund n TIAA-CREF Lifecycle 2035 Fund n TIAA-CREF Lifecycle 2040 Fund n TIAA-CREF Lifecycle 2045 Fund n TIAA-CREF Lifecycle 2050 Fund n TIAA-CREF Lifecycle Retirement Income Fund n TIAA Real Estate Account 1

4 TIAA Traditional annuity TIAA Traditional is an excellent option for participants seeking to build a secure base for their retirement income. Each contribution allocated to the TIAA Traditional Annuity buys a specific amount of lifetime income based on the rate schedule in effect at the time the payment is made. In addition, TIAA Traditional provides a guarantee of principal, a guaranteed minimum interest rate* and the potential for additional amounts when declared by TIAA s Board of Trustees. When declared, these additional amounts remain in effect for the declaration year that begins each March 1 for accumulating annuities and January 1 for lifetime payout annuities. The TIAA General Account, which backs the returns and guarantees of the TIAA Traditional Annuity,** invests primarily in corporate and government bonds, structured finance instruments such as mortgage-backed securities, and real estate. TIAA Traditional is offered in the Group Retirement Annuity (GRA) in the Tufts University 401(a) Basic Retirement Plan, and the Group Supplemental Retirement Annuity (GSRA) in the Tufts University 403(b) Voluntary Retirement Plan. The transfer payout annuity (TPA) allows you to transfer or withdraw your TIAA Traditional account balance from a Retirement Annuity or Group Retirement Annuity in 10 annual installments. There are two exceptions. First, if your account balance is less than $2,000, you can transfer the total amount at any time. Second, if you have an RA or GRA you can withdraw up to the full amount within 120 days after termination from service for a charge of 2.5%. This only applies to the RA and GRA and not the SRA or GRSA, which are fully liquid contracts. This restriction does not apply to the CREF Annuity Accounts. For objective, strategy and historical performance information, please go to the website This is under the Fund information descriptions. CREF Stock Account Another distinctive solution, the CREF Stock Account, is an all-equity portfolio with global exposure, value and a growth style that holds small-, middle- and large-capitalization companies within a single annuity account. The underlying investments within the CREF Variable Annuity lineup are managed by TIAA-CREF Asset Management. The team is committed to seeking consistent performance over time and provides a range of style-consistent portfolios that seek to achieve attractive risk-adjusted returns. * Guarantees based on the claims-paying ability of TIAA. ** Participants do not participate in general account performance. 2

5 WHAT HAPPENS NEXT Active Participants (Current Employees) Your future contributions After April 28, 2011 at 4:00 p.m. (ET), no additional contributions may be directed to the non-core TIAA-CREF investment fund choices. You may allocate your future contributions to the CREF Stock Account or the TIAA Traditional Annuity account. IMPORTANT: You must update your future investment allocation to the Core Fund choices (either the TIAA Traditional or the CREF Stock Account), or a combination of the two accounts by April 28. In the event you do not update your future investment allocation to Core Fund choices, your future contributions will be directed to the Tufts University Retirement Plan default (a Fidelity Lifecycle Fund). HOW TO UPDATE YOUR Future INVESTMENT ALLOCATIONS There are a couple of convenient ways to update your allocation to the TIAA-CREF accounts offered in the Core Fund lineup. You can update your TIAA-CREF choices: n Online at n By calling the TIAA-CREF Automated Telephone Service at n By speaking with a TIAA-CREF Consultant who can answer your questions and help you update future contributions and allocations. Simply call from 8:00 a.m. to 10:00 p.m. (ET) Monday through Friday or Saturday from 9:00 a.m. to 6:00 p.m. (ET), and be ready to provide your SSN and password for the best service. Current Balances Until July 28, 2011, you can make changes to your current balances into any of the current TIAA-CREF funds 24/7 through our telephone service representatives toll-free at or via the web at After July 28, 2011, any balances you have in the non-core TIAA-CREF investment options will remain in those accounts. However, no future contributions can be made to non-core TIAA-CREF funds.* In addition, you will only be able to exchange current balances into the TIAA Traditional Annuity, the CREF Stock Account, or the CREF Money Market Account. Inactive Participants (Terminated or Retired Employees) Effective July 28, 2011, any balances you have in the non-core TIAA-CREF investment options will remain in those accounts. In addition, you will only be able to exchange current balances into the TIAA Traditional Annuity account, the CREF Stock Account or the CREF Money Market Account. Former employees may roll their balances into an IRA or other qualified retirement plan, if that plan allows rollovers. *You may make contributions to the CREF Money Market Account indirectly by transferring amounts from other TIAA-CREF funds. 3

6 Where to get help Objective Guidance at no additional Cost At TIAA-CREF, we re pleased to provide Tufts University employees with straightforward, objective advice on allocating their retirement assets. Our team is experienced in developing retirement investment strategies, helping you define your investment objectives, assessing risk and return, valuing and selecting investments, and in allocating existing assets and future contributions. Best of all, you get this in-depth investment guidance at no additional cost. phone You can schedule a personal financial advice session with a TIAA-CREF consultant by calling , Monday through Friday, from 8:00 a.m. to 8:00 p.m. (ET). You may make changes to your account 24/7 by accessing our Telephone Services line at online You can review your TIAA-CREF options under the retirement plan: Tufts University Employee Benefits: 4

7 Why TIAA-CREF is a smart choice Long history of serving the higher education community For more than 90 years, TIAA-CREF has helped millions of people in the academic, medical, cultural and research fields save and invest for retirement and other financial goals. Today, TIAA-CREF has more than $453 billion in combined assets under management (as of 12/31/10) and serves 3.7 million individuals and more than 27,000 retirement plans. Value With its nonprofit heritage, TIAA-CREF is committed to keeping costs low. TIAA-CREF s objective is to offer you an exceptional overall value for the best possible cost. Although reduced expenses do not mean higher returns, investing in lower-cost investments puts more of your money to work toward reaching your retirement goals. Financial strength and stability of TIAA For its stability, claims-paying ability and overall financial strength, TIAA, the insurance company affiliate that backs TIAA Traditional and our other guaranteed products, currently holds top ratings from all four leading insurance company ratings agencies: n A.M. Best Co.: A++ (as of 2/11) n Fitch: AAA (as of 4/10) n Moody s Investors Service: Aaa (as of 7/10) n Standard & Poor s: AAA (as of 8/10) Please note that these ratings only apply to TIAA as an insurance company, and not to variable annuities, mutual funds, or any other product or service not fully backed by TIAA s claims-paying ability. Ratings are subject to change. There is no guarantee that current ratings will be maintained. Objective guidance, planning and advice TIAA-CREF s consultants are committed to helping you make the best decisions for your financial future. A TIAA-CREF consultant can give you personal, objective investment recommendations for your retirement portfolio, based on your goals, time horizon and tolerance for risk. TIAA-CREF is committed to serving Tufts University Employees now, and in the years to come. 5

8 Investment products, insurance, and annuity products are not FDIC insured, are not bank guaranteed, may lose value, are not deposits, are not insured by any federal government agency, and are not a condition to any banking service or activity. TIAA-CREF products may be subject to market and other risk factors. See the applicable product literature, or visit tiaa-cref.org for details. You should consider the investment objectives, risks, charges and expenses carefully before investing. Please call , or go to tiaa-cref.org for a current prospectus that contains this and other information. Please read the prospectus carefully before investing. Annuity contracts and certificates are issued by Teachers Insurance and Annuity Association (TIAA) and College Retirement Equities Fund (CREF), New York, NY. TIAA-CREF Individual & Institutional Services, LLC and Teachers Personal Investors Services, Inc., members FINRA, distribute securities products Teachers Insurance and Annuity Association-College Retirement Equities Fund (TIAA-CREF), New York, NY Printed on 10% recycled post-consumer fiber. C50219

Transfer Payout Annuities

Transfer Payout Annuities Transfer Payout Annuities Transfers and Withdrawals from TIAA Traditional tiaa-cref.org The TIAA Traditional Annuity In this guide, you ll learn about our Transfer Payout Annuity (TPA), a transfer and

More information

Transfers and Withdrawals from the Tiaa Traditional annuity

Transfers and Withdrawals from the Tiaa Traditional annuity Transfers and Withdrawals from the Tiaa Traditional annuity Tiaa s Transfer Payout annuity This guide has information about moving funds out of the Tiaa Traditional annuity using the Transfer Payout annuity

More information

TRANSFER PAYOUT ANNUITIES

TRANSFER PAYOUT ANNUITIES SAVING FOR RETIREMENT TRANSFER PAYOUT ANNUITIES TRANSFERS AND WITHDRAWALS FROM TIAA TRADITIONAL TIAA-CREF: FINANCIAL SERVICES FOR THE GREATER GOOD TIAA-CREF is dedicated to serving the retirement needs

More information

TIAA TRADITIONAL ANNUITY PRODUCT COMPARISON NOVEMBER 2008

TIAA TRADITIONAL ANNUITY PRODUCT COMPARISON NOVEMBER 2008 TIAA TRADITIONAL ANNUITY PRODUCT COMPARISON NOVEMBER 2008 PRODUCT OBJECTIVE To provide safety of principal, stability, guaranteed minimum interest crediting rates, plus the potential for additional amounts

More information

SYSTEMATIC WITHDRAWALS AND TRANSFERS FROM TIAA TRADITIONAL

SYSTEMATIC WITHDRAWALS AND TRANSFERS FROM TIAA TRADITIONAL SYSTEMATIC WITHDRAWALS AND TRANSFERS FROM TIAA TRADITIONAL THE TIAA TRADITIONAL ANNUITY The TIAA Traditional Annuity is a guaranteed annuity backed by TIAA s claims-paying ability. In the accumulation

More information

Get a head start on your future. A step-by-step overview of the coming Swarthmore College Regular Retirement Plan updates

Get a head start on your future. A step-by-step overview of the coming Swarthmore College Regular Retirement Plan updates Get a head start on your future. A step-by-step overview of the coming Swarthmore College Regular Retirement Plan updates Welcome to your updated retirement program. What do the updates mean to you? How

More information

THE UNIVERSITY SYSTEM OF MARYLAND MAKING RETIREMENT PROGRAM ENROLLMENT EASY FOR YOU

THE UNIVERSITY SYSTEM OF MARYLAND MAKING RETIREMENT PROGRAM ENROLLMENT EASY FOR YOU THE UNIVERSITY SYSTEM OF MARYLAND MAKING RETIREMENT PROGRAM ENROLLMENT EASY FOR YOU WHAT MAKES TIAA-CREF DIFFERENT It is in our interest to serve your interests at TIAA-CREF; you re more than just a client

More information

Self-Directed Brokerage Account Services

Self-Directed Brokerage Account Services Self-Directed Brokerage Account Services Through Your Tiaa-Cref Ira Power up your TIAA-CREF IRA with more. A no-fee TIAA-CREF IRA 1 is a great way to help build financial security for your retirement.

More information

How to make changes to your annuity income

How to make changes to your annuity income How to make changes to your annuity income What s inside 2 Your annuity income 4 TIAA Traditional annuity income 6 TIAA and CREF variable annuity income 9 Ways to adjust your annuity income 9 Transfer

More information

Your Retirement Income Options. TIAA-CREF Financial Essentials

Your Retirement Income Options. TIAA-CREF Financial Essentials Your Retirement Income Options TIAA-CREF Financial Essentials Today we will discuss: 1. Determining your retirement income needs Income sources Covering your expenses 2. Threats to your retirement cash

More information

A guide to payment options for employees of tax-exempt institutions. 457(b) Deferred Compensation Plan. Income choices from TIAA-CREF

A guide to payment options for employees of tax-exempt institutions. 457(b) Deferred Compensation Plan. Income choices from TIAA-CREF A guide to payment options for employees of tax-exempt institutions 457(b) Deferred Compensation Plan Income choices from TIAA-CREF TIAA-CREF: leaders in retirement planning After you stop working for

More information

Lifetime retirement income

Lifetime retirement income Lifetime retirement income The foundation to seeking a secure future Retirement income options from TIAA-CREF TIAA-CREF understands that your financial priorities can change over time. This is why we

More information

1 2 3 4 5 Stick to investment objectives

1 2 3 4 5 Stick to investment objectives Why choose TIAA-CREF? Investing for retirement requires a lot of thought. TIAA-CREF has spent nearly 100 years thinking about it for you. Investing to achieve your personal financial goals can often present

More information

LIVING WELL IN RETIREMENT. Minimum Distribution: Making it simple

LIVING WELL IN RETIREMENT. Minimum Distribution: Making it simple LIVING WELL IN RETIREMENT Minimum Distribution: Making it simple TIAA-CREF: FINANCIAL SERVICES FOR THE GREATER GOOD. TIAA-CREF is dedicated to serving the retirement needs of those in the academic, medical,

More information

Get a head start on your future. A step-by-step guide to the coming University of Dallas Retirement Program changes

Get a head start on your future. A step-by-step guide to the coming University of Dallas Retirement Program changes Get a head start on your future. A step-by-step guide to the coming University of Dallas Retirement Program changes Table of Contents Be prepared for the changes ahead 1 Your new investment menu 2 Investment

More information

Building Successful, State Sponsored Retirement Programs for Private Sector Employees

Building Successful, State Sponsored Retirement Programs for Private Sector Employees Building Successful, State Sponsored Retirement Programs for Private Sector Employees April 25, 2016 2.25 x 0.875 Confronting a retirement readiness gap 55 million Americans do not have access to a pension

More information

Guide to online withdrawals

Guide to online withdrawals Streamlined withdrawal processing The online withdrawal process on the secure My TIAA-CREF website has the same easy-to-use navigation and functionality as other websites that you visit regularly to shop,

More information

SAVING FOR RETIREMENT LOANS FROM YOUR RETIREMENT ACCOUNTS

SAVING FOR RETIREMENT LOANS FROM YOUR RETIREMENT ACCOUNTS SAVING FOR RETIREMENT LOANS FROM YOUR RETIREMENT ACCOUNTS TABLE OF CONTENTS 02 Borrowing Limits and Collateral 03 Getting Your Loan 05 Repaying Your Loan 09 Retirement, Group Retirement, Retirement Choice

More information

BUILDING YOUR RETIREMENT PORTFOLIO WITH TIAA-CREF

BUILDING YOUR RETIREMENT PORTFOLIO WITH TIAA-CREF BUILDING YOUR RETIREMENT PORTFOLIO WITH TIAA-CREF TIAA-CREF: FINANCIAL SERVICES FOR THE GREATER GOOD FOR MORE THAN 85 YEARS, we have been helping millions of people working in the academic, medical and

More information

Minimum distribution. Making it simple

Minimum distribution. Making it simple Minimum distribution Making it simple Required minimum distributions What you need to know What are required minimum distributions?... 03 TIAA-CREF s Minimum Distribution Option (MDO)... 04 Is the Minimum

More information

Strategies for staying on track to your retirement

Strategies for staying on track to your retirement Strategies for staying on track to your retirement TIAA-CREF and you: Planning an income for life For more than 90 years, we at TIAA-CREF have dedicated ourselves to helping those who serve the greater

More information

Which retirement plan is right for you

Which retirement plan is right for you Which retirement plan is right for you Facts to help you make an informed choice between the Iowa Public Employees Retirement System (IPERS) and the Iowa Association of Community College Trustees Defined

More information

New York University NYU STDA Plan

New York University NYU STDA Plan TIAA-CREF Quarterly Performance New York University NYU STDA Plan Performance as of 06/30/2013 Before making your investment choices and completing your enrollment form, you should consider the investment

More information

CHOOSING YOUR INVESTMENTS

CHOOSING YOUR INVESTMENTS CHOOSING YOUR INVESTMENTS FOR ASSISTANCE GO ONLINE For more information on your retirement plan, investment education, retirement planning tools and more, please go to www.tiaa-cref.org/carnegiemellon.

More information

Overview of Your TIAA-CREF Investment Solutions SM Accounts

Overview of Your TIAA-CREF Investment Solutions SM Accounts Overview of Your TIAA-CREF Investment Solutions SM Accounts TIAA-CREF Investment Solutions SM now offers you nine mutual funds in addition to our fixed and variable annuity accounts. TIAA-CREF Investment

More information

Building Your Retirement Portfolio

Building Your Retirement Portfolio Building Your Retirement Portfolio With the Help of TIAA-CREF 111075_L01.indd 1 ABOUT TIAA-CREF: For more than 90 years, we at TIAA-CREF have dedicated ourselves to helping those who serve the greater

More information

CHOOSING YOUR INVESTMENTS

CHOOSING YOUR INVESTMENTS CHOOSING YOUR INVESTMENTS FOR ASSISTANCE CONTACT US TODAY FOR MORE INFORMATION, ADVICE OR HELP OPENING AN ACCOUNT, IT S EASY TO REACH US: BY PHONE Call us at 800 TIAA-CREF (800 842-2273) to speak with

More information

REVIEWING YOUR TIAA-CREF INCOME CHOICES A GUIDE TO YOUR PAYMENT OPTIONS

REVIEWING YOUR TIAA-CREF INCOME CHOICES A GUIDE TO YOUR PAYMENT OPTIONS REVIEWING YOUR TIAA-CREF INCOME CHOICES A GUIDE TO YOUR PAYMENT OPTIONS FLEXIBILITY & CHOICE TIAA-CREF UNDERSTANDS YOUR FINANCIAL PRIORITIES can change over time, which is why we offer you a wide range

More information

Loans from your Retirement Accounts

Loans from your Retirement Accounts Loans from your Retirement Accounts Table of contents 1 Borrowing limits and collateral 2 Getting your loan: What you need to know 4 Repaying your loan: What you need to know 6 Loans from retirement plans

More information

Power. Simplicity. Value.

Power. Simplicity. Value. Power. Simplicity. Value. TIAA-CREF Brokerage Services: The freedom to build, control and adjust your portfolio of investments according to your goals. We have a 95-year legacy of trust. TIAA-CREF Brokerage

More information

Get a head start on your future. A step-by-step guide to the coming Cornell University Retirement Plan updates

Get a head start on your future. A step-by-step guide to the coming Cornell University Retirement Plan updates Get a head start on your future. A step-by-step guide to the coming Cornell University Retirement Plan updates Retirement program updates are coming. Cornell University is committed to offering you the

More information

Get help achieving your financial goals.

Get help achieving your financial goals. Get help achieving your financial goals. TIAA-CREF: Committed to your overall financial well-being Did you know? TIAA was founded in 1918 to provide retirement security to university faculty. TIAA-CREF

More information

Strategies for staying on track. throughout your retirement

Strategies for staying on track. throughout your retirement Strategies for staying on track throughout your retirement TIAA-CREF and you: Planning an income for life For nearly a century, we at TIAA-CREF have dedicated ourselves to helping those who serve others

More information

July 28, 2015. Re: Important information about your retirement plan

July 28, 2015. Re: Important information about your retirement plan JOHN CARROLL UNIVERSITY One John Carroll Blvd. UNIVERSITY HEIGHTS, OH 441184520 July 28, 2015 SECTION1 Re: Important information about your retirement plan The enclosed information is being provided to

More information

Fit for Retirement: Understanding Your New Investment Options

Fit for Retirement: Understanding Your New Investment Options Fit for Retirement: Understanding Your New Investment Options Dear RIT Retirement Savings Plan Participant, This newsletter is a follow-up to the announcement you received in November regarding upcoming

More information

A NEW WAY TO SAVE FOR RETIREMENT INTRODUCING THE ROTH OPTION C46803

A NEW WAY TO SAVE FOR RETIREMENT INTRODUCING THE ROTH OPTION C46803 A NEW WAY TO SAVE FOR RETIREMENT INTRODUCING THE ROTH OPTION C46803 TODAY S DISCUSSION 1. WHAT IS THE ROTH OPTION? 2. WHO MIGHT BENEFIT? 3. CONTRIBUTION LIMITS 4. DISTRIBUTION AND ROLLOVER OPTIONS 5. WHAT

More information

Wellesley College Retirement Plan Transition Guide. Inside is everything you need to know about the transition to the new Investment Menu.

Wellesley College Retirement Plan Transition Guide. Inside is everything you need to know about the transition to the new Investment Menu. Learn Prepare Engage Wellesley College Retirement Plan Transition Guide Inside is everything you need to know about the transition to the new Investment Menu. 1 Introduction 2 Building Your Retirement

More information

SAVING FOR RETIREMENT. The ROTH

SAVING FOR RETIREMENT. The ROTH SAVING FOR RETIREMENT The ROTH CONTRIBUTION Option ABOUT TIAA-CREF TIAA-CREF is dedicated to serving the retirement needs of those in the academic, medical, cultural and research fields. We are committed

More information

TIAA-CREF RETIREMENT CHOICE ANNUITIES PRODUCT COMPARISON

TIAA-CREF RETIREMENT CHOICE ANNUITIES PRODUCT COMPARISON TIAA-CREF RETIREMENT CHOICE ANNUITIES PRODUCT COMPARISON To help you effectively manage your retirement plan in today s increasingly complex regulatory and compliance environment, TIAA-CREF offers the

More information

Innovative, flexible, low-cost retirement solution

Innovative, flexible, low-cost retirement solution TIAA-CREF Life Insurance Company Innovative, flexible, low-cost retirement solution The Intelligent Variable Annuity How do you define retirement? Some people dream of traveling. Others can t wait to roll

More information

Tax-smart ways to save and invest. TIAA-CREF Financial Essentials

Tax-smart ways to save and invest. TIAA-CREF Financial Essentials Tax-smart ways to save and invest TIAA-CREF Financial Essentials Today s agenda: 1. Finding funds for saving 2. Tax law provisions promoting saving 3. TIAA-CREF savings opportunities 4. TIAA-CREF can help

More information

lifetime the foundation to a secure future

lifetime the foundation to a secure future LIVING WELL IN RETIREMENT lifetime RETIREMENT INCOME the foundation to a secure future TIAA-CREF: FINANCIAL SERVICES FOR THE GREATER GOOD. TIAA-CREF is dedicated to serving the retirement needs of those

More information

New opportunities for your retirement strategy. Announcing upcoming changes to the University of Southern California Retirement Plans

New opportunities for your retirement strategy. Announcing upcoming changes to the University of Southern California Retirement Plans New opportunities for your retirement strategy Announcing upcoming changes to the University of Southern California Retirement Plans The University of Southern California is dedicated to helping you prepare

More information

University of Pittsburgh. Your guide to the University of Pittsburgh Retirement Savings Plan updates

University of Pittsburgh. Your guide to the University of Pittsburgh Retirement Savings Plan updates University of Pittsburgh Your guide to the University of Pittsburgh Retirement Savings Plan updates This guide provides an overview of the updates to the Defined Contribution Program, which will now be

More information

RECEIVING YOUR RETIREMENT INCOME FROM TIAA-CREF A GUIDE TO YOUR INCOME ILLUSTRATIONS

RECEIVING YOUR RETIREMENT INCOME FROM TIAA-CREF A GUIDE TO YOUR INCOME ILLUSTRATIONS RECEIVING YOUR RETIREMENT INCOME FROM TIAA-CREF A GUIDE TO YOUR INCOME ILLUSTRATIONS WHAT S INSIDE TOTAL INITIAL INCOME ILLUSTRATION.........................2 DETAILED INITIAL INCOME ILLUSTRATION......................8

More information

Lifetime retirement income

Lifetime retirement income Lifetime retirement income The foundation to seeking a secure future Retirement income options from TIAA-CREF Your financial priorities can change over time. That s why we offer a wide range of income

More information

Please read this important information for Yale University Matching Retirement Plan participants

Please read this important information for Yale University Matching Retirement Plan participants Please read this important information for Yale University Matching Retirement Plan participants This notice gives you important information about the default investment funds selected for the Matching

More information

INVESTING FOR LIFE S GOALS

INVESTING FOR LIFE S GOALS TIAA-CREF LIFE GOALS SERIES INVESTING FOR LIFE S GOALS SAVING FOR MAJOR PURCHASES AND OBJECTIVES TIAA-CREF: FINANCIAL SERVICES FOR THE GREATER GOOD OUR COMMITMENT TIAA-CREF is dedicated to serving the

More information

LIVING WELL IN RETIREMENT. Minimum Distribution: Making it simple

LIVING WELL IN RETIREMENT. Minimum Distribution: Making it simple LIVING WELL IN RETIREMENT Minimum Distribution: Making it simple TIAA-CREF: FINANCIAL SERVICES FOR THE GREATER GOOD. TIAA-CREF is dedicated to serving the retirement needs of those in the academic, medical,

More information

How to Set Up a Self-Directed Brokerage Account. The Brooklyn Hospital Center 403(b) Retirement Plan

How to Set Up a Self-Directed Brokerage Account. The Brooklyn Hospital Center 403(b) Retirement Plan How to Set Up a Self-Directed Brokerage Account The Brooklyn Hospital Center 403(b) Retirement Plan How to Set Up a Self-Directed Brokerage Account If you re participating in The Brooklyn Hospital Center

More information

August 26, 2015. Re: Important information about your retirement plan

August 26, 2015. Re: Important information about your retirement plan MANHATTANVILLE COLLEGE 2900 PURCHASE STREET PURCHASE, NY 105772131 August 26, 2015 SECTION1 Re: Important information about your retirement plan The enclosed information is being provided to help you make

More information

Money At Work 1: Foundations of investing

Money At Work 1: Foundations of investing It s not about how much money you earn. It s about how much you save and invest. November 12, 2015 A TIAA-CREF Financial Essentials Workshop Bill Thorne TIAA-CREF Money At Work 1: Foundations of investing

More information

GEORGE WASHINGTON UNIVERSITY 457(B) DEFERRED COMPENSATION PLAN

GEORGE WASHINGTON UNIVERSITY 457(B) DEFERRED COMPENSATION PLAN GEORGE WASHINGTON UNIVERSITY 457(B) DEFERRED COMPENSATION PLAN OPEN YOUR DEFERRED COMPENSATION ACCOUNT INSTRUCTIONS NEED HELP? Call 800 TIAA-CREF (800 842-2273) Monday to Friday from 8 a.m. to 10 p.m.,

More information

TIAA-CREF THE BROWN UNIVERSITY DEFERRED VESTING RETIREMENT PLAN. Summary of Plan Services and Costs

TIAA-CREF THE BROWN UNIVERSITY DEFERRED VESTING RETIREMENT PLAN. Summary of Plan Services and Costs THE BROWN UNIVERSITY DEFERRED VESTING RETIREMENT PLAN Summary of Plan Services and Costs July 3, 2013 This summary provides important information to assist you in making decisions related to your participation

More information

Given a constantly changing tax environment, what s the most effective way to save for retirement?

Given a constantly changing tax environment, what s the most effective way to save for retirement? Retirement Savings Tax Planning Tips Given a constantly changing tax environment, what s the most effective way to save for retirement? In the next few years, Congress will decide the fate of several tax

More information

Welcome! Thanks for investing your time today.

Welcome! Thanks for investing your time today. Welcome! Thanks for investing your time today. Please sign in Fill out your name tag Address your mail card It s not about how much money you earn. It s about how much you save and invest. October 2015

More information

How to make changes to your annuity income

How to make changes to your annuity income How to make changes to your annuity income What s inside 2 Is it time to make a change? 3 Your annuity income 5 TIAA Traditional income 7 TIAA and CREF variable income 10 Ways to adjust your annuity income

More information

TIAA-CREF TRANSFER OR ROLLOVER AUTHORIZATION

TIAA-CREF TRANSFER OR ROLLOVER AUTHORIZATION TIAA-CREF TRANSFER ROLLOVER AUTHIZATION Use this form to authorize the transfer or rollover of funds to TIAA-CREF You may photocopy this form for multiple transfers A separate transfer form with an original

More information

TIAA-CREF Asset Management. TIAA-CREF Global Equity Strategies. Combining discipline and innovation for investments that seek to consistently deliver

TIAA-CREF Asset Management. TIAA-CREF Global Equity Strategies. Combining discipline and innovation for investments that seek to consistently deliver TIAA-CREF Asset Management TIAA-CREF Global Equity Strategies Combining discipline and innovation for investments that seek to consistently deliver A distinguished heritage of intelligent equity investing

More information

TIAA Traditional Annuity: Adding safety and stability to retirement portfolios

TIAA Traditional Annuity: Adding safety and stability to retirement portfolios Summer 2012 TIAA-CREF Asset Management TIAA Traditional Annuity: Adding safety and stability to retirement portfolios Overview Launched with the founding of TIAA in 1918, the TIAA Traditional Annuity is

More information

IMPORTANT INFORMATION FOR FOREIGN ADDRESS PARTICIPANTS IN THE VILLANOVA UNIVERSITY 403(b) RETIREMENT SAVINGS PLAN

IMPORTANT INFORMATION FOR FOREIGN ADDRESS PARTICIPANTS IN THE VILLANOVA UNIVERSITY 403(b) RETIREMENT SAVINGS PLAN August 22, 2014 IMPORTANT INFORMATION FOR FOREIGN ADDRESS PARTICIPANTS IN THE VILLANOVA UNIVERSITY 403(b) RETIREMENT SAVINGS PLAN Starting October 15, 2014, Villanova University will make several changes

More information

Executive Compensation Strategies. For Academic, Medical, Research and Cultural Institutions

Executive Compensation Strategies. For Academic, Medical, Research and Cultural Institutions Executive Compensation Strategies For Academic, Medical, Research and Cultural Institutions For institutional investor use only. Not for use with or distribution to the public. TIAA-CREF: A leading provider

More information

Taking the next step. A guide for beneficiaries

Taking the next step. A guide for beneficiaries Taking the next step A guide for beneficiaries TIAA-CREF listening, caring, ready to serve At TIAA-CREF, we ve been helping people build their financial futures for nearly a century. We started out offering

More information

Your Davidson College Retirement Plan ENHANCEMENTS GUIDE

Your Davidson College Retirement Plan ENHANCEMENTS GUIDE Your Davidson College Retirement Plan ENHANCEMENTS GUIDE 14853_01_BRO_Davidson.indd 1 5/4/14 8:31 AM NOW IS A GREAT TIME TO TAKE ADVANTAGE OF YOUR DAVIDSON RETIREMENT PLAN BENEFITS. Davidson College (the

More information

YOUR PERSONAL FINANCIAL ORGANIZER

YOUR PERSONAL FINANCIAL ORGANIZER YOUR PERSONAL FINANCIAL ORGANIZER WHAT'S INSIDE INTRODUCTION: UNDERSTANDING YOUR FINANCIAL ORGANIZER...1 I. FIGURING YOUR FINANCES...2 Net Worth Analysis...2 Cash Flow Analysis...4 II. GOALS, PRODUCTS

More information

Amherst College Defined Contribution Retirement Plan for Amherst College and Folger Shakespeare Library Employees

Amherst College Defined Contribution Retirement Plan for Amherst College and Folger Shakespeare Library Employees Amherst College Defined Contribution Retirement Plan for Amherst College and Folger Shakespeare Library Employees Inside is detailed information you need to know about the transition to the new Investment

More information

LIVING WELL IN RETIREMENT MAKING THE MOST OF YOUR RETIREMENT HOW TO CHOOSE THE RIGHT INCOME OPTIONS FOR YOU

LIVING WELL IN RETIREMENT MAKING THE MOST OF YOUR RETIREMENT HOW TO CHOOSE THE RIGHT INCOME OPTIONS FOR YOU LIVING WELL IN RETIREMENT MAKING THE MOST OF YOUR RETIREMENT HOW TO CHOOSE THE RIGHT INCOME OPTIONS FOR YOU TIAA-CREF: Helping to provide you A GUARANTEED income for life For more than 90 years, we at

More information

Retirement Information Guide

Retirement Information Guide Retirement Information Guide Image courtesy of the University of Utah University of Utah Retirement Plans: 401(a) Defined Contribution Retirement Plan for Plan H Benefit Program Participants and Employee

More information

OPEN YOUR DEFERRED COMPENSATION ACCOUNT

OPEN YOUR DEFERRED COMPENSATION ACCOUNT OPEN YOUR DEFERRED COMPENSATION ACCOUNT INSTRUCTIONS NEED HELP? Call 800 TIAA-CREF (800 842-2273) Monday to Friday from 8 a.m. to 10 p.m., and Saturday from 9 a.m. to 6 p.m. (ET) or visit tiaa-cref.org.

More information

TIAA-CREF Self-Directed Brokerage Overview and Account Setup. Your quick guide to the brokerage program

TIAA-CREF Self-Directed Brokerage Overview and Account Setup. Your quick guide to the brokerage program TIAA-CREF Self-Directed Brokerage Overview and Account Setup Your quick guide to the brokerage program For investors with specialized investing needs, more choice means more opportunity to direct retirement

More information

The Roth contribution option

The Roth contribution option The Roth contribution option For retirement plans Contents The Roth contribution option savings choice 2 Learn about the differences between pretax and after-tax contributions Comparing Roth after-tax

More information

Introducing the New York State Voluntary Defined Contribution Program

Introducing the New York State Voluntary Defined Contribution Program Introducing the New York State Voluntary Defined Contribution Program The new retirement t option for New York State t employees A presentation for human resources and payroll professionals Welcome Today

More information

CREIGHTON UNIV. TAX DEFERRED ANNUITY PLAN

CREIGHTON UNIV. TAX DEFERRED ANNUITY PLAN CREIGHTON UNIV. TAX DEFERRED ANNUITY PLAN Investment Options Comparative Chart Your plan allows you to direct how your contributions are invested. When making investment decisions, you should keep in mind

More information

LOANS. TIAA-CREF Retirement Plan Loans

LOANS. TIAA-CREF Retirement Plan Loans LOANS TIAA-CREF Retirement Plan Loans TIAA-CREF Retirement and Group Retirement Annuities are tax-deferred annuities mainly used to fund retirement plans established by an employer. Depending on your employer

More information

ROTH 403(b) CONTRIBUTIONS

ROTH 403(b) CONTRIBUTIONS SAVING FOR RETIREMENT ROTH 403(b) CONTRIBUTIONS A NEW WAY TO SAVE FOR RETIREMENT TIAA-CREF: FINANCIAL SERVICES FOR THE GREATER GOOD TIAA-CREF is dedicated to serving the retirement needs of those in the

More information

The George Washington University Retirement Plans. How to get started

The George Washington University Retirement Plans. How to get started The George Washington University Retirement Plans How to get started Table of Contents Why Save 3 Plans at a Glance 4 Approved Investment Providers 7 How to Enroll 8 Provider Fact Sheets 9 Investment Education

More information

TRANSFER, ROLLOVER OR EXCHANGE INTO YOUR ACCOUNTS AT TIAA-CREF

TRANSFER, ROLLOVER OR EXCHANGE INTO YOUR ACCOUNTS AT TIAA-CREF For account information, or to check the status of your request or any questions: Call 800 842-2776 Monday Friday 8 a.m. 10 p.m. (ET) Saturday 9 a.m. 6 p.m. (ET) Or visit us online at tiaa-cref.org 24

More information

Investment Menu and Transfer Strategy

Investment Menu and Transfer Strategy Investment Menu and Transfer Strategy Investment Menu Effective February 9, 2015, all of your TIAA-CREF and Vanguard options within the University of Pittsburgh Retirement Savings Plan will be consolidated

More information

Take Care. Discover Your Retirement Options

Take Care. Discover Your Retirement Options Take Care Discover Your Retirement Options GETTING STARTED Table of Contents Getting Started... 2 Retirement Plan Details.... 5 RETIREMENT PLAN DETAILS. Retirement Plan Details Quick Guide... 5 Wesley

More information

Take Care. Discover Your Retirement Options

Take Care. Discover Your Retirement Options Take Care Discover Your Retirement Options OTHER INFORMATION GOVERNANCE ACCESSING YOUR FUNDS HOW TO ENROLL VENDOR INFORMATION FOUR WAYS TO INVEST RETIREMENT PLAN DETAILS GETTING STARTED PUB 10/14 Emory

More information

SAMPLE OF INVESTMENT POLICY STATEMENT

SAMPLE OF INVESTMENT POLICY STATEMENT investment services SAMPLE OF INVESTMENT POLICY STATEMENT FOR THE (PLAN NAME) OUR HISTORY We are TIAA-CREF. We re a full-service financial services organization that has dedicated itself to helping those

More information

Helping You Maximize Your Retirement

Helping You Maximize Your Retirement Helping You Maximize Your Retirement New 403(b) Program Guide The System Appalachian State University East Carolina University Elizabeth City State University Fayetteville State University Agricultural

More information

Retirement Plan Simplification

Retirement Plan Simplification Retirement Plan Simplification Employee General Meetings Today s Agenda Introductions What is not changing What is changing New investment lineup What happens to current investment funds? Dates you need

More information

A guide to your retirement income options with TIAA-CREF

A guide to your retirement income options with TIAA-CREF A guide to your retirement income options with TIAA-CREF Helping you make important decisions about your retirement How will I know when the time is right to retire? Making the decision to retire is no

More information

College & University Retirement Plan Handbook

College & University Retirement Plan Handbook College & University Retirement Plan Handbook Table of contents 3 Introduction 3 About TIAA-CREF 4 Plan eligibility 5 Enrolling in the plan 6 Contributing to the plan 6 Leaves of absence/sabbaticals 7

More information

Dismantling the Myths of Annuities

Dismantling the Myths of Annuities Dismantling the Myths of Annuities Annuities have a bad reputation among some people but not necessarily a well-deserved one. An annuity with broad investment choice, valuable product features and low

More information

TIAA Individual Advisory Services. Personalized financial advice for every stage of life

TIAA Individual Advisory Services. Personalized financial advice for every stage of life TIAA Individual Advisory Services Personalized financial advice for every stage of life Personalized solutions for your financial independence Find an advisor today. Go to tiaa.org/ individualadvisoryservices

More information

University of Michiga n Retirement Savings Plan

University of Michiga n Retirement Savings Plan University of Michiga n Retirement Savings Plan Ask the Experts Have a question? Need help? Contact TIAA-CREF and Fidelity Investments for these inquiries and services: Questions/help choosing your investment

More information

LIVING WELL IN RETIREMENT

LIVING WELL IN RETIREMENT TIAA-CREF LIFE GOALS SERIES LIVING WELL IN RETIREMENT MANAGING YOUR INCOME AND EXPENSES TIAA-CREF: FINANCIAL SERVICES FOR THE GREATER GOOD TIAA -CREF is dedicated to serving the retirement needs of those

More information

ASSOC OF INDEPENDENT COLLEGES AND UNIVERSITIES OF PA 403(B)

ASSOC OF INDEPENDENT COLLEGES AND UNIVERSITIES OF PA 403(B) ASSOC OF INDEPENDENT COLLEGES AND UNIVERSITIES OF PA 403(B) Investment Options Comparative Chart Your plan allows you to direct how your contributions are invested. When making investment decisions, you

More information

Make the Most of Your Retirement Plan: The University System of Georgia Optional Retirement Plan Enrollment Guide

Make the Most of Your Retirement Plan: The University System of Georgia Optional Retirement Plan Enrollment Guide B:8.75 T:8.5 Make the Most of Your Retirement Plan: The University System of Georgia Optional Retirement Plan Enrollment Guide Gotham (Book, Medium) Page: 1 Links: 188551763.tif (CMYK; 534 ppi), BOR_logo_

More information

evolution The of your Yale University Retirement Program

evolution The of your Yale University Retirement Program evolution The of your Yale University Retirement Program Evolving the Yale University Retirement Program Table of contents One provider, more options...3 What to expect...8 Key dates...11 Frequently asked

More information

Ratings and Rankings: What They Can Tell You About Financial Companies

Ratings and Rankings: What They Can Tell You About Financial Companies STINVESTMENTS AND OVERALL FINANCIAL Ratings and Rankings Ratings and Rankings: What They Can Tell You About Financial Companies STABILITY, SOUND A++ AAA Aaa AAA (Superior) A.M. BEST CO. DUFF & PHELPS MOODY

More information

DO MORE FOR YOUR DAY ONE OF RETIREMENT AND BEYOND SUCCEED. The Prudential SmartSolution IRA

DO MORE FOR YOUR DAY ONE OF RETIREMENT AND BEYOND SUCCEED. The Prudential SmartSolution IRA SUCCEED SUNRISE PHOTOS TAKEN BY REAL PEOPLE OF THEIR ACTUAL DAY ONES OF RETIREMENT. WHAT WILL YOURS LOOK LIKE? The Prudential SmartSolution IRA DO MORE FOR YOUR DAY ONE OF RETIREMENT AND BEYOND An easy

More information

Children s Mercy Hospital Retirement Plan. Tax Deferred Annuity (TDA) Plan Enrollment Guide

Children s Mercy Hospital Retirement Plan. Tax Deferred Annuity (TDA) Plan Enrollment Guide Children s Mercy Hospital Retirement Plan Tax Deferred Annuity (TDA) Plan Enrollment Guide Welcome to your Children s Mercy Tax Deferred Annuity (TDA) Retirement Plan. The TDA Plan (a 403[b] plan often

More information

Paving the way to a secure retirement: A model DC approach

Paving the way to a secure retirement: A model DC approach Paving the way to a secure retirement: A model DC approach Life expectancy (age) 95 90 85 49% 73% 0 20 40 60 80 100% Probability at age 65 A couple at age 65 has an 89 percent chance of one of them living

More information

Getting Started... 2. Retirement Plan Details... 5. Retirement Plan Details Quick Guide... 5. Emory University 403(b) Retirement Plan Details...

Getting Started... 2. Retirement Plan Details... 5. Retirement Plan Details Quick Guide... 5. Emory University 403(b) Retirement Plan Details... GETTING STARTED Table of Contents Getting Started.... 2 Retirement Plan Details.... 5 RETIREMENT PLAN DETAILS Retirement Plan Details Quick Guide... 5 Emory University 403(b) Retirement Plan Details....

More information

PLACEHOLDER IMAGE Replace with Photography. Your guide to Tax-Deferred Annuities or Voluntary Savings Plans. How much can you contribute?

PLACEHOLDER IMAGE Replace with Photography. Your guide to Tax-Deferred Annuities or Voluntary Savings Plans. How much can you contribute? PLACEHOLDER IMAGE Replace with Photography Your guide to Tax-Deferred Annuities or Voluntary Savings Plans How much can you contribute? Saving for retirement is one of your most important financial goals.

More information

WHEATON COLLEGE RETIREMENT PLAN QUALIFIED DEFAULT INVESTMENT ALTERNATIVE NOTICE

WHEATON COLLEGE RETIREMENT PLAN QUALIFIED DEFAULT INVESTMENT ALTERNATIVE NOTICE WHEATON COLLEGE RETIREMENT PLAN QUALIFIED DEFAULT INVESTMENT ALTERNATIVE NOTICE FY 2016 PLAN YEAR The Wheaton College Retirement Plan (the "Plan") permits each Participant to direct how money in her/his

More information

This guide provides you with important information about the. Gonzaga University 403(b) Retirement Plan

This guide provides you with important information about the. Gonzaga University 403(b) Retirement Plan This guide provides you with important information about the Gonzaga University 403(b) Retirement Plan Use this guide to help you enroll in your Gonzaga University 403(b) Retirement Plan. Table of Contents

More information