Transcript Document

TENNESSEE OPTIONAL RETIREMENT
PLAN ENHANCEMENTS
MAKING THE MOST OF YOUR FINANCIAL FUTURE
TENNESSEE OPTIONAL RETIREMENT PLAN
TIAA-CREF and the Tennessee ORP
The Tennessee Optional Retirement Plan still includes:
•
Investment experience:
–
•
•
90 years of experience investing for our participants’ retirement and
other financial goals
TIAA’s financial strength:
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Broad claims-paying ability and overall financial strength
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Insurance company affiliate TIAA currently holds top ratings from the
leading insurance company rating agencies
Low costs:
–
TIAA-CREF’s investment fees are among the lowest in the variable
annuity and mutual fund industries. (Note that lower expenses do
not mean higher returns.)
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Retirement Plan Enhancements with TIAA-CREF
TENNESSEE OPTIONAL RETIREMENT PLAN
WHAT’S NEW? PLAN HIGHLIGHTS
• Expanded Investment Menu
– TIAA-CREF Life Cycle Funds added
– Mutual Funds from other providers added
• Personalized and Objective Advice from
noncommissioned TIAA-CREF consultants*
– specific fund-level advice now available
• Dedicated website
– Online enrollment
– Fund education & Retirement Planning Tools
Our Individual Consultants receive no commissions. We compensate them through a salary-plus-incentive program that rewards client service excellence as
well as financial results. Brokerage Services are provided by TIAA-CREF Brokerage Services, a division of TIAA-CREF Individual & Institutional Services, LLC,
members FINRA and SIPC.
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TENNESSEE OPTIONAL RETIREMENT PLAN
YOUR ENHANCED INVESTMENT MENU
GUARANTEED
MONEY MARKET
TIAA Stable Return
CREF Money Market
Variable Annuity
Account**
FIXED INCOME
REAL ESTATE
CREF Bond Market
Variable Annuity
Account
TIAA Real Estate
Variable Annuity
Account
MULTI-ASSET
EQUITIES
TIAA-CREF Lifecycle Fund 2050
CREF Equity Index Variable Annuity
Account
CREF Global Equities Variable Annuity
Account
CREF Growth Variable Annuity Account
CREF Stock Variable Annuity Account
American Funds EuroPacific Gr R4
Eaton Vance Large-Cap Value
TIAA-CREF Lifecycle Fund 2045
CREF Inflation-Linked
Bond Variable Annuity
Account
TIAA-CREF Lifecycle Fund 2040
PIMCO Total Return
Admin
TIAA-CREF Lifecycle Fund 2030
TIAA-CREF Lifecycle Fund 2035
Templeton Global Bond
TIAA-CREF Lifecycle Fund 2025
TIAA-CREF Lifecycle Fund 2020
TIAA-CREF Lifecycle Fund 2015
TIAA-CREF Lifecycle Fund 2010
Jennison Mid-Cap Growth Z
Columbia Small-Cap Value
Sentinel Small Company
TIAA-CREF Mid-Cap Value Fund
TIAA-CREF Lifecycle
Retire Inc Fund
CREF Social Choice Variable
Annuity Account
LOWER RISK
MEDIUM RISK
HIGHER RISK
Investing involves risk, including possible loss of principal.
* TIAA Traditional is a guaranteed insurance contract and not an investment for Federal Securities Law purposes.
Guarantees are based on the claims-paying ability of TIAA.
** An investment in the CREF Money Market Account is not a deposit of any bank and is neither insured
nor guaranteed by the Federal Deposit Insurance Corporation or any other U.S. government agency.
TIAA-CREF Lifecycle Funds available through the Institutional Class of shares of TIAA-CREF Institutional Mutual Funds.
TIAA-CREF Mutual Funds available through the Retirement Class of shares of TIAA-CREF Institutional Mutual Funds.
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TENNESSEE OPTIONAL RETIREMENT PLAN
ADVICE AND GUIDANCE
Personalized and Objective
Fund-Level Advice
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Based on your investment goals
Developed through a partnership
with Ibbotson Associates
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Advice session answers questions like:
1. How much do I need to save now?
2. How should I allocate my portfolio?
3. When can I retire?
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TENNESSEE OPTIONAL RETIREMENT PLAN
WE’RE HERE TO HELP
Phone Assistance:
• 800
842-2252 Monday to Friday from 8 a.m. to 10 p.m. and Saturday
from 9 a.m. to 6 p.m. ET.
In-Person Assistance from TIAA-CREF:
• Call
800 842-2252 Monday to Friday from 8 a.m. to 10 p.m. ET.
Sign up for an individual appointment for personalized advice.
Online Assistance: www.tiaa-cref.org
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TENNESSEE OPTIONAL RETIREMENT PLAN
Important Information
Investment products are not FDIC insured, may lose value and are not bank guaranteed.
You should consider the investment objectives, risks, charges and expenses carefully before
investing. Please call 877 518-9161 for additional copies, or visit tiaa-cref.org for a current
prospectus that contains this and other information. Please read the prospectus carefully before
investing.
The tax information contained herein is not intended to be used, and cannot be used, by any taxpayer for the purpose of avoiding tax penalties that may be
imposed on the taxpayer. It was written to support the promotion of the products and services addressed herein. Taxpayers should seek advice based on their
own particular circumstances from an independent tax advisor.
TIAA-CREF Individual & Institutional Services, LLC and Teachers Personal Investors Services, Inc., members FINRA, distribute securities products. Annuity
contracts and certificates are issued by Teachers Insurance and Annuity Association (TIAA) and College Retirement Equities Fund (CREF), New York, NY. Advice
and Planning Services is a division of TIAA-CREF Individual & Institutional Services LLC.
Retirement Choice TIAA Contract form Series IGRS-01-5-ACC, IGRS-01-60-ACC, and IGRS-01-84-ACC; TIAA Certificate Series IGRS-CERT1-5-ACC, IGRSCERT1-60-ACC, IGRS-CERT1-84-ACC; CREF Contract form series CIGRS; CREF Certificate series: CIGRS-CERT1.
Retirement Choice Plus TIAA Contract form Series IGRSP-01-5-ACC, IGRSP-01-60-ACC, IGRSP-01-84-ACC; TIAA Certificate Series - IGRSP-CERT1-5-ACC,
IGRSP-CERT1-60-ACC, IGRSP-CERT1-84-ACC; CREF Contract form series: CIGRSP; CREF Certificate series: CIGRSP-CERT1.
A self-directed brokerage window is available for those participants and beneficiaries who seek a wider menu of investment securities than the mutual funds
designated by Monmouth University. Please keep in mind the following, however. Monmouth University has not selected, nor is it responsible for monitoring, any
of the investments available under the brokerage window. A participant or beneficiary is fully and solely responsible for his or her brokerage window investment
decisions, including performing the due diligence necessary to determine the suitability of the investment securities that the participant or beneficiary selects.
Monmouth University also is not responsible for an act or failure of the brokerage firm providing services under the brokerage window.
©2010 Teachers Insurance and Annuity Association–College Retirement Equities Fund (TIAA-CREF), 730 Third Avenue, New York, NY 10017
CXXXX
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