News

TIAA RetirePlus Select Program Reminder: Make your choices today!

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Starting on Thursday, October 17, participants can choose from the new RetirePlus Select investment options offered by TIAA. Changes can be made from October 17 through market close on October 22. (Market closes at 2:00pm Alaska.) Any changes that an employee makes with regards to RetirePlus Select will take effect on October 25, 2024. 

As a reminder, if a participant has a current investment of any amount in any of the Nuveen Lifecycle Index Funds, they will be enrolled in a new account and eligible investments will automatically redirect to a RetirePlus Select moderate model portfolio that aligns with the anticipated retirement age.

For more information on the RetirePlus Select options (including the Retirement Plan Portfolio Manager (RPPM)) please review our other news article. 

Actions to consider: 

    • Access the new account online: Visit TIAA.org/alaska and log in. If new to TIAA — select “Log in” then click “Need online access?” and follow the prompts
    • Review investment allocations and the new TIAA RetirePlus Select® program
    • Decide how to invest:
      • Remain in the TIAA RetirePlus Select moderate model portfolio that has been chosen based on anticipated retirement age
      • Personalize the model portfolio
      • Opt out of the TIAA RetirePlus Select program and choose different investments from the plan
    • Check and/or update beneficiaries for all accounts
    • Listen to a recorded presentation reviewing the RetirePlus Select plan changes
    • Need help? Get advice and education from a TIAA financial consultant — at no additional cost to you.* To schedule a session, visit TIAA.org/schedulenow or call 800-732-8353, weekdays, 4:00am to 4:00pm Alaska.

If there are any questions, or if assistance is needed, please call TIAA at 800-842-2252. Consultants are available weekdays, 4:00am to 6:00pm Alaska.

* The advice and education services are not available to participants who reside outside the United States. Advice and education offered by TIAA financial consultants is obtained using an advice methodology from an independent third-party.

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.

Emailed via benefits newsletter on 10/15/2024.
Contact Benefits: (907) 450-8242 | ua-benefits@alaska.edu | schedule one-on-one time