TIAA-CREF funds handled differently during retirement plan transition

(iStockphoto)

As Vanderbilt’s transition to our new streamlined retirement plan structure progresses, updates on “hot topics” and frequently asked questions are being shared in MyVU and MyVUMC.

If you have existing retirement savings with TIAA-CREF, you should be aware that your investments may be handled differently depending on the funds you hold. TIAA-CREF offers both annuity and mutual fund investment options. Review your statement or online account to find the names of the funds you are invested in, then carefully compare them to the investment mapping guide on Vanderbilt’s retirement transition website or the printed copy you received in the mail.

Annuity balances will remain with TIAA-CREF unless you initiate an individual transfer of assets. While your existing balance will remain, you will not be able to contribute additional money to the accounts after March. Annuity funds include:

  • CREF Global Equities
  • CREF Inflation-Linked Bond
  • CREF Bond Market
  • CREF Equity Index
  • CREF Stock
  • CREF Growth
  • CREF Money Market
  • TIAA Real Estate
  • CREF Social Choice
  • TIAA Traditional

Mutual fund balances will be mapped to options in the new core lineup. These funds include:

  • TIAA-CREF Eq Index-Inst
  • TIAA-CREF S&P 500 Idx-Inst
  • TIAA-CREF Gr & Inc-Inst
  • TIAA-CREF Lg-Cap Gr Idx-Inst
  • TIAA-CREF Lg-Cap Val Idx-Inst
  • TIAA-CREF Lg-Cap Val-Inst
  • TIAA-CREF Mid-Cap Gr-Inst
  • TIAA-CREF Mid-Cap Val-Inst
  • TIAA-CREF Intl Eq Idx-Inst
  • TIAA-CREF Intl Eq-Inst
  • TIAA-CREF Real Est Secs-Inst
  • TIAA-CREF Sm-Cap Bl Idx-Inst
  • TIAA-CREF Sm-Cap Eq-Inst
  • TIAA-CREF Social Ch Eq-Inst
  • TIAA-CREF Lfcyle Rtmt Inc-Inst
  • TIAA-CREF Lifecycle 2010-Inst
  • TIAA-CREF Lifecycle 2015-Inst
  • TIAA-CREF Lifecycle 2020-Inst
  • TIAA-CREF Lifecycle 2025-Inst
  • TIAA-CREF Lifecycle 2030-Inst
  • TIAA-CREF Lifecycle 2035-Inst
  • TIAA-CREF Lifecycle 2040-Inst
  • TIAA-CREF Lifecycle 2045-Inst
  • TIAA-CREF Lifecycle 2050-Inst
  • TIAA-CREF Lifecycle 2055-Inst

For more about Vanderbilt’s retirement plan transition, visit the Retirement Plan Transition website.