As a plan fiduciary, you are required to diversify plan investments to minimize the risk of large investment losses (unless it is imprudent to do so) and to be prudent in selecting and monitoring the plan’s menu of investment options. TIAA supports you and any advisor you may be working with in providing education to help you establish appropriate processes and documentation to fulfill your fiduciary obligations and help your employees effectively save for their retirements.
TIAA-CREF Individual & Institutional Services, LLC, and Teachers Insurance and Annuity Association (TIAA) and College Retirement Equities Fund (CREF), are not plan fiduciaries and do not provide investment menu advice or make recommendations.
The TIAA group of companies does not provide tax or legal advice. Please consult with your own legal or tax advisor. In connection with providing Investment products and services for your consideration, TIAA is not acting in the capacity of a plan fiduciary.