New TIAA-CREF 403(b) Life Cycle Funds – Seminars This Week

Here’s some great news about your retirement funds! Illinois Institute of Technology has worked with TIAA-CREF to expand the retirement plan menu to include the TIAA-CREF Lifecycle Index Funds, which are now currently available to you. The addition of these funds to the existing menu will offer employees more diverse investment options.

Plan to attend any of the TIAA-CREF on-campus information seminars:

Financial Essentials Seminar: How Am I Doing? Introducing TIAA-CREF LifeCycle Index Funds
Thursday, March 14
10:00–11:00 am or 2:00–3:00 pm
Main Campus—Hermann Hall, Alumni Lounge

Financial Essentials Seminars: How Am I Doing? Introducing TIAA-CREF LifeCycle Index Funds
Friday, March 15
10:00–11:00 am or 2:00–3:00 pm
Downtown Campus, 565 W. Adams, Room 270

Simplified “one-step” investing—learn about Lifecycle Index Funds!

Why Choose a TIAA-CREF Lifecycle Index Fund?
If you lack the time or experience to research all of the plan’s account options, a TIAA-CREF Lifecycle Index Fund may be right for you. TIAA-CREF Lifecycle Index Funds offer a way to make a single choice for your retirement based on your expected year of retirement.

How Do They Work?
TIAA-CREF Lifecycle Index Funds provide a diversified portfolio using TIAA-CREF mutual funds as underlying investments, including stocks and bonds. TIAA-CREF Lifecycle Index Funds are available for target retirement years in five-year increments. You simply choose the TIAA-CREF Lifecycle Index Fund that is closest to your retirement year. Each TIAA-CREF Lifecycle Index Fund provides a diversified portfolio.

Please keep in mind that TIAA-CREF Lifecycle Index Funds share the risks and expenses associated with their underlying investments. As with all mutual funds, the principal value of a lifecycle fund isn’t guaranteed. Review the prospectus for a complete discussion of those risks.

What Are the Main Benefits?
With a TIAA-CREF Lifecycle Index Fund, you enjoy broad portfolio diversification and ongoing professional management, without the need to make complicated investment, portfolio reallocation and rebalancing decisions as your time horizon changes.