TIAA CREF Salary Reduction Form Millsaps College Millsaps

Instructions and help about TIAA CREF Salary Reduction Form Millsaps College Millsaps

tiaa traditional is a popular fixed annuity offered inside university retirement plans it pays a minimum guaranteed rate of interest plus additional amounts and it's regarded as a conservative option within a retirement portfolio however often professors forget that where they own tiaa traditional makes a huge difference in how they can access money from this option for example in the new jersey alternate benefit plan the 401 a retirement choice contract allows transfers out of tiaa traditional over 84 monthly installments which is seven years long if keeping your investment options liquid at retirement is important to you avoid making this mistake plan ahead and reposition tiaa traditional where it's 100 liquid certain 403 b accounts offer transfers without any limitations or charges the trade-off is usually around 75 basis points less in return but the future flexibility for other investment options may be well worth it an assessment of all guaranteed income sources including social