New investment opportunities for your retirement strategy · 2020. 9. 8. · What you need to know A few new investment choices will be added and a few existing investment choices

New investment opportunities for your retirement strategy

Announcing updates to your CUNY

Optional Retirement Program and TDA Plan

The investment option menus of the City University of New York (“CUNY”) Optional Retirement Program (“ORP”) and the Voluntary Tax-Deferred Annuity (“TDA”) Plan will be updated on or about October 8, 2020. This brochure will explain how these changes will affect your ORP and TDA Plan accounts and why they are being made.

We encourage you to read this brochure carefully. At this time no action is required from you, but you may want to consider reviewing your investment choices to make sure they align with your current goals and review your beneficiaries to make sure they are up to date. To review your investment choices and beneficiaries, log in to TIAA.org/cuny.

Why are these changes being made?

CUNY is committed to continually reviewing your retirement plans to ensure they remain a valuable benefit for employees. In connection with this goal, some of the investment options in the retirement plans will be changing. These changes will be effective on or about October 8, 2020. Please review this brochure carefully to find out how your CUNY retirement plan account may be affected and how you can contact TIAA to get more information about the plans and the investment options.

What you need to know

A few new investment choices will be added and a few existing investment choices will be closed. After reviewing the following, you may choose to contact TIAA to get additional information. Call TIAA at 866-277-7957. Financial consultants are available weekdays, 8 a.m. to 10 p.m., (ET), or visit TIAA.org/cuny.

Investment option changes are coming

on or about October 8, 2020

Table of contents

Investment option changes are coming on or about October 8, 2020 . . . . . . . . . . . . . . . . . . . Inside front cover

Changes to the CUNY Optional Retirement Program . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1

Changes to the CUNY Voluntary Tax-Deferred Annuity Plan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2

Types of investment options . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3

What’s your comfort level with investing? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3

Your updated investment option menus effective on or about October 8, 2020 . . . . . . . . . . . . . . . . . . . . . . . 4-5

What are lifecycle funds? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6

Actions you might consider . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7

Retirement planning resources . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8

Terms and disclosures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .9

Not sure where to begin? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Back cover

1Questions? Call 866-277-7957 or visit TIAA.org/cuny

The CUNY Optional Retirement Program (ORP) requires Participating Employees to contribute a certain percentage of their base salary through regular payroll deductions. CUNY also makes contributions to the ORP on behalf of eligible employees.

Investment option changes

The current investment options listed in the left column below will be replaced by the investment options shown on the right for all future contributions beginning on or about October 8, 2020.

These current investment options will be

closed to new contributions and incoming

transfers on or about October 8, 2020…

Ticker

…all future contributions will be automatically

directed to these options beginning on or about

October 8, 2020

Ticker

TIAA Access Ariel Appreciation Fund

Institutional (Level 1)

Variable

Annuity

TIAA Access MFS Mid Cap Value R6


Variable

Annuity

TIAA Access Mid-Cap Growth (Level 1)Variable

Annuity

TIAA Access MFS Mid Cap Growth R6


Variable

Annuity

Your existing balances in the current TIAA Access Ariel Appreciation and TIAA Access Mid-Cap Growth will remain invested as you have designated. You will be able to transfer your existing balances to the new investment options beginning on or about October 8, 2020, if you choose. Please note: Any money you direct out of the closed investments cannot be reinvested in

closed investments at a future date.

Share class change

The current investment option listed in the left column below will be replaced by the investment option shown on the right.

This current investment option will be

automatically directed…Ticker

...to this replacement option on or about

October 8, 2020Ticker

TIAA Access American Beacon Bridgeway

Large Cap Growth Institutional (Level 1)

Variable

Annuity


Large Cap Growth R6 (Level 1)

Variable

Annuity

The underlying fund (American Beacon Bridgeway Large Cap Growth) has the same investment strategy, but with a lower cost. Any existing balances in, and any future contributions to, the current investment option will be automatically directed to the lower-cost version of the same option. As always, if you prefer to invest in other options, you can make a change any time.

New lifecycle option addition

The latest date in the series of age-based investment options, TIAA Access TIAA-CREF Lifecycle 2065, will be added to the investment option menu on or about October 8, 2020. The new addition is intended for people born in 1999 or later with an expected retirement at age 65 or around the year 2065 (see page 6 for more information).

See Terms and disclosures on page 9 for important details on Investment, insurance and annuity products.

Changes to the CUNY Optional Retirement Program

2 Your CUNY Retirement Plans

The CUNY Voluntary Tax-Deferred Annuity (TDA) Plan allows Participating Employees to make voluntary contributions to their retirement savings through regular payroll deductions.

Investment option changes

The current investment options listed in the left column below will be replaced by the investment options shown on the right.

Any existing balances in, and any future contributions to, the current investment options will be automatically directed to the investment options listed on the right. As always, if you prefer to invest in other options, you can make a change any time.

These current investment options will be

closed to new contributions and incoming

transfers on or about October 8, 2020…

Ticker

…all existing balances and future contributions

will be automatically directed to these options

beginning on or about October 8, 2020

Ticker

Ariel Appreciation Fund Institutional Class CAAIX MFS Mid Cap Value Fund Class R6 MVCKX

TIAA-CREF Mid-Cap Growth Fund Institutional Class TRPWX MFS Mid Cap Growth Fund Class R6 OTCKX

Vanguard 500 Index Fund Admiral Shares VFIAXVanguard Institutional Index Fund Institutional

Plus SharesVIIIX

Share class change

The current investment option listed in the left column below will be replaced by the investment option shown on the right.

This current investment option will be

automatically directed…Ticker

...to this replacement option on or about

October 8, 2020Ticker

American Beacon Bridgeway Large Cap Growth

Fund R5 ClassBRLGX

American Beacon Bridgeway Large Cap Growth

Fund R6 ClassBLYRX

The replacement option has the same investment strategy but with a lower cost. Any existing balances in, and any future contributions to, the current investment option will be automatically directed to the lower-cost version of the same option. As always, if you prefer to invest in other options, you can make a change any time.

New lifecycle option addition

The latest date in the series of age-based investment options, TIAA-CREF Lifecycle 2065 Fund, will be added to the investment option menu on or about October 8, 2020. The new addition is intended for people born in 1999 or later with an expected retirement at age 65 or around the year 2065 (see page 6 for more information).

See Terms and disclosures on page 9 for important details on Investment, insurance and annuity products.

Changes to the CUNY Voluntary Tax-Deferred

Annuity Plan


The CUNY ORP and TDA Plan have investment option menus that provide a mix of investment choices to help you create a portfolio based on your financial goals and preferences.

Annuity Mutual fund

A guaranteed (fixed) annuity pays a minimum guaranteed interest rate based on the claims-paying ability of the issuing company. Its value won’t rise and fall with the stock market, and it can help provide steady monthly income for the rest of your life. Liquidity varies by annuity contract type.

A variable annuity offers potential for growth to help keep pace with rising costs. Its value will rise and fall with the market. While it can provide retirement income guaranteed to last for your lifetime, the actual amount of income will vary.

A mutual fund pools assets from many individuals to invest in stocks, bonds, money market instruments and similar investments.

The value of a mutual fund isn’t guaranteed at any time and can rise or fall with the market.

It provides potential for growth and can help diversify your overall mix of investments.

Lifecycle fund

A lifecycle fund is a diversified investment in a single fund. It’s invested for potential growth in your early years, then gradually transitions to more conservative investments as you approach retirement.

It offers an easy “hands off” approach to investing. As with many investment options, the principal value of a lifecycle fund isn’t guaranteed at any time, including at the target date, and will fluctuate with market changes. (See page 6 for more information.)

What’s your comfort level with investing?

Review the following approaches and decide how active you want to be in choosing and managing your investment decisions.

Do it for me I’ve got this

Lifecycle funds are professionally managed investments that offer a diversified portfolio in a single fund. This option may be a good choice if you prefer a hands-off approach to investing.

The target date, indicated by the year in the fund’s name, is when you may plan to start making withdrawals, generally at age 65 (see page 6 for more information). As with many investment options, the principal value of a target retirement date fund is not guaranteed at any time, even at the target date, and will fluctuate.

The TIAA-CREF Lifecycle Fund family is actively managed and seeks to outperform general markets and indexes.

The actively managed investment style relies on research, market forecasts and management expertise to select securities to buy and sell, and therefore may have higher operating costs (expense ratio) than the passively managed investment style.

For those comfortable choosing their investments, the updated investment lineup includes a broad range of carefully selected options designed to help you build a diversified investment portfolio. When you diversify your portfolio, or spread your savings across several asset categories, you are less dependent on the performance of a single investment.

CUNY will continue to monitor for performance and fees compared to benchmarks and peers.

Types of investment options


Guaranteed Ticker

TIAA Traditional Annuity Guaranteed Annuity

Money Market Ticker

CREF Money Market Account R3

(Variable Annuity)QCMMIX

Fixed Income (Bonds) Ticker

CREF Inflation-Linked Bond Account R3

(Variable Annuity)QCILIX

TIAA Access Lord Abbett High Yield R6

(Level 1)Variable Annuity

TIAA Access Templeton Global Bond Fund R6


TIAA Access Vanguard Total Bond Market

Index Institutional (Level 1)Variable Annuity

TIAA Access WA Core Plus Bond (Level 1) Variable Annuity

Multi-Asset Ticker

CREF Social Choice Account R3

(Variable Annuity)QCSCIX

TIAA Access TIAA-CREF Lifecycle Retirement

Income (Level 1)Variable Annuity

TIAA Access TIAA-CREF Lifecycle 2010 (Level 1) Variable Annuity











TIAA Access TIAA-CREF Lifecycle 2065


These choices offer you flexibility to create a retirement portfolio that matches your investment preferences and goals. New investment options appear in bold type.


Real Estate Ticker

TIAA Real Estate Account (Variable Annuity) QREARX

Equities (Stocks) Ticker

CREF Stock Account R3 (Variable Annuity) QCSTIX


Large Cap Growth R6 (Level 1) Variable Annuity

TIAA Access Champlain Mid Cap

Institutional (Level 1) Variable Annuity

TIAA Access Delaware Emerging Markets

R6 (Level 1) Variable Annuity

TIAA Access JPMorgan Small Cap Value R6

(Level 1) Variable Annuity

TIAA Access Lazard International Equity R6


TIAA Access MFS Mid Growth R6 (Level 1) Variable Annuity

TIAA Access MFS Mid Cap Value R6 (Level 1) Variable Annuity

TIAA Access Nationwide Geneva Small Cap

Growth Institutional (Level 1) Variable Annuity

TIAA Access Parnassus Mid Cap Growth

Fund Institutional (Level 1)*Variable Annuity

TIAA Access TIAA-CREF Growth & Income


TIAA Access TIAA-CREF International

Equity Index (Level 1)Variable Annuity

TIAA Access TIAA-CREF Large-Cap Value


TIAA Access T. Rowe Price QM U.S.

Small-Cap Growth Equity (Level 1)Variable Annuity

TIAA Access Vanguard 500 Index Admiral


TIAA Access Vanguard Equity-Income

Admiral (Level 1)Variable Annuity

TIAA Access Vanguard Extended Market

Index Institutional (Level 1) Variable Annuity

* Previously named TIAA Access Parnassus Fund Institutional Shares (Level 1)

See Terms and disclosures on page 9 for important

details on Investment, insurance and annuity products.

Optional Retirement Program (ORP)

Your updated investment option menus

effective on or about October 8, 2020


Guaranteed Ticker

TIAA Traditional Annuity Guaranteed Annuity

Money Market Ticker

CREF Money Market Account R3

(Variable Annuity)QCMMIX

Fixed Income (Bonds) Ticker

CREF Inflation-Linked Bond Account R3

(Variable Annuity) QCILIX

Lord Abbett High Yield Fund Class R6 LHYVX

Templeton Global Bond Fund Class R6 FBNRX

Vanguard Total Bond Market Index Fund

Institutional Shares VBTIX

Western Asset Core Plus Bond Fund Class IS WAPSX

Multi-Asset Ticker

CREF Social Choice Account R3

(Variable Annuity) QCSCIX

TIAA-CREF Lifecycle Retirement Income

Fund (Institutional) TLRIX

TIAA-CREF Lifecycle 2010 Fund (Institutional) TCTIX

TIAA-CREF Lifecycle 2015 Fund (Institutional) TCNIX

TIAA-CREF Lifecycle 2020 Fund (Institutional) TCWIX

TIAA-CREF Lifecycle 2025 Fund (Institutional) TCYIX

TIAA-CREF Lifecycle 2030 Fund (Institutional) TCRIX

TIAA-CREF Lifecycle 2035 Fund (Institutional) TCIIX

TIAA-CREF Lifecycle 2040 Fund (Institutional) TCOIX

TIAA-CREF Lifecycle 2045 Fund (Institutional) TTFIX

TIAA-CREF Lifecycle 2050 Fund (Institutional) TFTIX

TIAA-CREF Lifecycle 2055 Fund (Institutional) TTRIX

TIAA-CREF Lifecycle 2060 Fund (Institutional) TLXNX

TIAA-CREF Lifecycle 2065 Fund (Institutional) TSFTX

5

Real Estate Ticker

TIAA Real Estate Account (Variable Annuity) QREARX

Equities (Stocks) Ticker

American Beacon Bridgeway Large Cap

Growth Fund R6 ClassBLYRX

Champlain Mid Cap Fund Institutional Class CIPIX

CREF Stock Account R3 (Variable Annuity) QCSTIX

Delaware Emerging Markets Fund R6 DEMZX

JPMorgan Small Cap Value Fund Class R6 JSVUX

Lazard International Equity Portfolio Class R6 RLIEX

MFS Mid Cap Growth Fund Class R6 OTCKX

MFS Mid Cap Value Fund Class R6 MVCKX

Nationwide Geneva Small Cap Growth Fund

Institutional Class NWKCX

Parnassus Mid Cap Growth Fund

Institutional Shares*PFPRX

TIAA-CREF Growth & Income Fund

(Institutional) TIGRX

TIAA-CREF Large-Cap Value Fund

(Institutional) TRLIX

TIAA-CREF International Equity Index Fund

(Institutional) TCIEX

T. Rowe Price QM U.S. Small-Cap Growth

Equity Fund (Institutional)TQAIX

Vanguard Institutional Index Fund

Institutional Plus SharesVIIIX

Vanguard Equity-Income Fund Admiral Shares VEIRX

Vanguard Extended Market Index Fund

Institutional Shares VIEIX

Voluntary Tax-Deferred Annuity (TDA) Plan

* Previously named Parnassus Fund Institutional Shares

See Terms and disclosures on page 9 for important

details on Investment, insurance and annuity products.

To learn more about the investment options:

o Prior to October 8, 2020, you can enter the option’s name or ticker symbol at TIAA.org/performance.

o Beginning on or about October 8, 2020, you may visit TIAA.org/cuny and click Investment Options to view investment information.


A lifecycle fund is a “fund of funds,” primarily invested in shares of other mutual funds. Its investments are adjusted from more aggressive to more conservative over time as the target retirement date indicated by the year in the fund’s name approaches.

The principal value of a lifecycle fund isn’t guaranteed. The target date in the fund’s name represents an approximate date when investors may plan to begin withdrawing from the fund.

Also, please note that a lifecycle fund is selected for you based on your projected retirement date (assuming a retirement age of 65).

Participant birth year TIAA-CREF Lifecycle Funds – Institutional Share Class Ticker

N/A TIAA-CREF Lifecycle Retirement Income Fund TLRIX

Earlier–1948 TIAA-CREF Lifecycle 2010 Fund TCTIX

1949–1953 TIAA-CREF Lifecycle 2015 Fund TCNIX

1954–1958 TIAA-CREF Lifecycle 2020 Fund TCWIX

1959–1963 TIAA-CREF Lifecycle 2025 Fund TCYIX

1964–1968 TIAA-CREF Lifecycle 2030 Fund TCRIX

1969–1973 TIAA-CREF Lifecycle 2035 Fund TCIIX

1974–1978 TIAA-CREF Lifecycle 2040 Fund TCOIX

1979–1983 TIAA-CREF Lifecycle 2045 Fund TTFIX

1984–1988 TIAA-CREF Lifecycle 2050 Fund TFTIX

1989–1993 TIAA-CREF Lifecycle 2055 Fund TTRIX

1994–1998 TIAA-CREF Lifecycle 2060 Fund TLXNX

1999–Present TIAA-CREF Lifecycle 2065 Fund TSFTX

What are lifecycle funds?


If you aren’t contributing to the TDA Plan yet, now is the time to consider opening an account.

The TDA Plan allows you to make voluntary contributions to your retirement savings. You can make pretax contributions that are taken out of your income before you pay taxes, reducing your current taxable income and the amount of taxes that you pay. And, you pay no taxes on your contributions or any earnings until you receive your accumulations (initiate withdrawals that are either lump sum or periodic distributions) in retirement.

The plan also offers a Roth (after-tax) contribution option in which your contribution is taken out of your paycheck after taxes are paid. Roth contributions do not lower your current taxable income. You can make both pretax and Roth contributions to the plan. Please note that the overall annual 403(b) contribution limit remains the same, and will be coordinated between pretax and Roth 403(b) contributions.

Increase your CUNY TDA Plan contribution amount. You will need to submit a new Salary Reduction Agreement. You have flexibility to decide how much to contribute to your TDA Plan, up to the limits set by the federal tax code. For 2020, the maximum contribution amounts are:

o $19,500 if you are under age 50

o $26,000 if you are age 50+ by December 31

Review your beneficiary designations

Life changes, and so do your wants and needs. Remember to make sure your beneficiary information reflects your current wishes so you control decisions about your money.

It takes just a few minutes online and it is easy to designate, change or confirm your beneficiaries.

o Log in to your account at TIAA.org.

o Under Actions, select Add/edit beneficiaries.

o From there, you can designate beneficiaries and select how much each should receive.

If you have questions or need assistance, visit TIAA.org/public/offer/services/beneficiary-resource-center or call us at 866-277-7957. For your protection, we cannot change your beneficiary information over the phone.

Remember, you can change your beneficiary information again at any time.

Check out TIAA.org/cuny to find more information about the TDA Plan and access retirement planning resources.

Actions you might consider


Retirement plan investment advice

As a participant in the CUNY Retirement Plans, you have access to personalized advice on the plans’ investment options from a TIAA financial consultant.

Whether you’re just starting out, mid-career, or close to retirement, you can meet by phone or virtually to discuss your specific financial goals and how to plan for them. This service is available as part of your retirement program at no additional cost to you.

Schedule a virtual investment advice session online by visiting TIAA.org/schedulenow, or call 800-732-8353, weekdays, 8 a.m. to 8 p.m. (ET).

Online tools

Visit TIAA.org/tools for convenient resources that can help you on the path to retirement. You supply the information, and the tools do the rest. Access to these online resources is available at no additional cost to you.

CREATE YOUR

OWN RETIREMENT

ACTION PLAN

DISCOVER YOUR

RETIREMENT

INCOME NEEDS

TRACK ALL YOUR

ACCOUNTS IN

ONE PLACE

Explore the Retirement Advisor tool to:

o Receive a custom retirement plan

in five steps

o Receive savings and investment

recommendations

Use the Retirement Income Illustrator to:

o Find out how much of your current

income you’ll need to replace to cover

retirement expenses

o Explore your retirement income

options

o See your estimated monthly

retirement income and how to

maximize it

Use the 360° Financial View to:

o Consolidate your information

from more than 11,000 financial

institutions in one place

o Track your spending

o Set up email alerts

o Create a budget that works for you

See Terms and disclosures on page 9 for important details on Advice (legal, tax, investment).

Retirement planning resources


Advice (legal, tax, investment)

The TIAA group of companies does not provide legal or tax advice. Please consult your legal or tax advisor.

The projections or other information generated by the Retirement Advisor tool regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results. Results may vary with each use and over time. The TIAA Retirement Advisor is a brokerage service provided by TIAA-CREF Individual & Institutional Services, LLC, a registered broker-dealer, Member FINRA, SIPC.

Distributions and withdrawals

403(b) plans: Subject to plan terms, employee contributions invested in custodial accounts (mutual funds) and elective deferrals (including designated Roth contributions) may be paid to a participant before the participant has a severance of employment, dies, becomes disabled, experiences a hardship or attains age 59½. Employee contributions invested in annuity contracts may generally be distributed upon severance of employment or upon occurrence of a stated event in the plan.

401(a) plans: Subject to plan terms, employer and employee mandatory contributions may not be paid to a participant before the participant has a severance of employment, dies, becomes disabled, attains age 59½ or experiences a hardship (in-service distribution options were made available as a result of the CARES ACT, in-service distributions have not been allowed in the past and have very strict eligibility rules). Employer and employee mandatory contributions may generally be distributed upon severance of employment or upon occurrence of a stated event specified by the plan.

Investment, insurance and annuity products

Investment products may be subject to market and other risk factors. See the applicable product literature, or visit TIAA.org and enter a ticker symbol in the site’s search feature for details.

Some investment options may have redemption and other fees. See the fund’s prospectus for details.

Lifecycle funds share the risks associated with the types of securities held by each of the underlying funds in which they invest. In addition to the fees and expenses associated with lifecycle funds, there is exposure to the fees and expenses associated with the underlying mutual funds.

Annuity account options are available through annuity contracts issued by TIAA or CREF. These contracts are designed for retirement or other long-term goals and offer a variety of income options, including lifetime income. Payments from the variable annuity accounts are not guaranteed and will rise or fall based on investment performance.

Your guaranteed option is a fixed annuity that pays you interest at competitive crediting rates that are announced in advance. There is no explicit expense ratio because this is a fixed annuity. Liquidity varies by annuity contract type.

Roth retirement plan option

Withdrawals of earnings prior to age 59½ are subject to ordinary income tax, and a 10% early distribution penalty tax may apply. Earnings can be distributed tax free if distribution is no earlier than five years after contributions were first made and you meet at least one of the following conditions: age 59½ or older, or permanently disabled. Beneficiaries may receive a distribution in the event of your death.

This material is for informational or educational purposes only and does not constitute fiduciary investment advice under ERISA, a securities recommendation under all securities laws, or an insurance product recommendation under state insurance laws or regulations. This material does not take into account any specific objectives or circumstances of any particular investor, or suggest any specific course of action. Investment decisions should be made based on the investor’s own objectives and circumstances.

This brochure updates the information provided to you in the most recent annual participant notice and does not replace the plan document. If there is any ambiguity between this brochure and the plan document, the terms of the plan document will prevail. Please keep a copy of this guide for your records.

Investment, insurance, and annuity products are not FDIC insured, are not bank guaranteed, are not deposits, are not insured by any

federal government agency, are not a condition to any banking service or activity, and may lose value.

You should consider the investment objectives, risks, charges, and expenses carefully before investing. Please call

877-518-9161 or go to TIAA.org/cuny for current product and fund prospectuses that contain this and other information.

Please read the prospectuses carefully before investing.

TIAA-CREF Individual & Institutional Services, LLC, Member FINRA, distributes securities products. Annuity contracts and certificates are issued by Teachers Insurance and Annuity Association of America (TIAA) and College Retirement Equities Fund (CREF), New York, NY. Each is solely responsible for its own financial condition and contractual obligations.

©2020 Teachers Insurance and Annuity Association of America-College Retirement Equities Fund, 730 Third Avenue, New York, NY 10017

Terms and disclosures

Meet with TIAA to help you take the next step!

1401300-Guide (09/20)

Have questions?

CUNY is committed to helping you

understand the changes and make

informed investment decisions for

your needs.

o Call TIAA at 866-277-7957.

Financial consultants are available

weekdays, 8 a.m. to 10 p.m. (ET).

o To schedule a virtual advice session

with a TIAA financial consultant,

call 800-732-8353, weekdays,

8 a.m. to 8 p.m. (ET), or schedule

online at TIAA.org/schedulenow.

o Visit TIAA.org/cuny for additional

information.

1268063

Not sure where to begin?

Get personalized retirement plan advice and education on the plans’ investment options from a TIAA financial consultant. This service is available as part of your retirement program at no additional cost to you.

TIAA’s retirement plan investment advice and education

is designed to help you answer key questions including:

Am I on track to reach my retirement savings goals?

Which combination of retirement plan investments is right for me?

How can I meet my income needs in retirement?

Documents

New investment opportunities for your retirement strategy · 2020. 9. 8. · What you need to know A few new investment choices will be added and a few existing investment choices