The road to retirement - Announcing updates to the Pacific University retirement program - TIAA
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The road to retirement Announcing updates to the Pacific University retirement program
Table of contents
A new chapter is about to start 1
Action plan for the updates 2
Updates for VALIC participants 2
Pacific University investment lineup and retirement plan fees at TIAA 3-4
How VALIC account balances will transfer to TIAA 5
Retirement plan investment advice 6
About TIAA 6
Understanding retirement plan fees 7
Q&A 8-9
We’re here to help Back cover
b Questions? Call 800-842-2252 or visit TIAA.org/pacificu
A new chapter is about to start
Helping you plan and save for the future is important to us here at Pacific University. That’s why we’re pleased to announce
the following updates to the Pacific University 403(b) retirement plan.
What you need to know
• Lower fees. Pacific University and their advisor, Multnomah • Blackout period for VALIC balances. The blackout period
Group,1 have negotiated lower fees and selected applies to balances currently invested at VALIC. To facilitate
investment options with a lower overall cost. a smooth transfer of current investment balances to TIAA, a
brief “blackout period” will take place. During this time, you
• TIAA will become the single service provider for the
will not be able to change your investment choices, affect
retirement plan(s). TIAA was selected by Pacific University
loans, make withdrawals or transfer funds. Please review the
to deliver comprehensive retirement services at a reasonable
enclosed Blackout Notice for additional details. Any
cost. As a result of this change, if you currently have a
scheduled payroll contributions will continue to be deducted
balance with VALIC, that balance will be transferred to TIAA.
from your paycheck during the blackout period.
No longer employed by Pacific University? You are receiving this guide because you have investments in one or more
of the Pacific University retirement plans. Even though you are not actively contributing and actions may not be required,
you should review this information carefully to learn how your account could be affected.
Retirement plan updates start January 2019.
Key dates Event
January 24, 2019 Last day to submit any paperwork required for distributions at VALIC prior to assets
moving to TIAA.
Week of January 28, 2019 VALIC participants who do not currently have an account with TIAA will be enrolled in a
TIAA account and receive a confirmation kit with important information on making the
most of your participation with TIAA.
January 31, 2019 Blackout period expected to begin for VALIC participants. See accompanying notice
for details.
February 11, 2019 On or about this date, account balances transfer from VALIC to TIAA. TIAA becomes
the single service provider for the retirement plan. Please note: The date of the
transfer depends on the accurate, timely transfer of data and assets from VALIC to
TIAA. If this does not occur, the transfer could be delayed.
Week ending February 25, 2019 Blackout period for VALIC participants expected to end. You can now access and
update your entire retirement account at TIAA, including balances transferred from
VALIC. Please note: The end of the blackout period depends on the accurate, timely
transfer of data from VALIC to TIAA. If this does not occur, the end of the blackout
period could be delayed.
1
TIAA and Multnomah Group, or any of their affiliates or subsidiaries are not affiliated with or in any way related to each other. TIAA acts as a
recordkeeper for the plan and, in that capacity, is not a fiduciary to the plan. TIAA is not responsible for the advice and education provided by
Multnomah Group. TIAA also provides advice and education to plan participants and when it provides advice, TIAA takes fiduciary responsibility for
that advice. Multnomah Group is not responsible for the advice and education provided by TIAA.
Questions? Call 800-842-2252 or visit TIAA.org/pacificu 1
Updates for VALIC participants
Enrollment
Action plan for the updates Former Pacific University employees who do not currently have an account at TIAA
Starting the week of will be enrolled in a new TIAA account the week of January 28, 2019, and sent an
February 11, 2019 enrollment confirmation. Your beneficiary designation will be set to “Estate”.
For current employees: Systematic distributions and/or transfers
• Review your balance transferred This transition may impact any systematic withdrawal, scheduled fund-to-fund
from VALIC to TIAA and update transfers, or required minimum distribution instructions you have on file for this
if needed at TIAA.org/pacificu.
plan at VALIC. If applicable, you will receive separate communication from TIAA
For former employees: to provide new instructions.
• If you do not currently have a Blackout period
TIAA account, you can access
To help ensure the smooth transfer of account balance(s) from VALIC there will be
your new account online at
TIAA.org/pacificu. a brief blackout period. During this time, you will not be able to perform transactions
(e.g., change investments, make withdrawals, take a loan, transfer funds). The
• Review your balance transferred
blackout period is expected to begin at VALIC on or around January 31, 2019, at
from VALIC to TIAA and update
1 p.m. (PT).
if needed.
• Verify your beneficiary Please note: The date of the plan changes and the end of the blackout period
designation and update if depend on the accurate, timely transfer of data from VALIC to TIAA. If this does not
needed.1 occur, the end of the blackout period could be delayed. Payroll contributions to the
Pacific University 403(b) Plan will continue to be withheld during the blackout
Once the transition is complete you
period. See the enclosed Blackout Notice for more details.
will be able to make changes to
your existing balances. For details The last day to submit any paperwork required for distributions from VALIC
on how the balances will transfer, is January 24, 2019.
refer to page 5.
How your account balance(s) will transfer
Your account balance(s) will move from VALIC to the TIAA platform following a
two-step transfer process. This process directs balances to the Vanguard Federal
Money Market fund first, then to the lifecycle index fund that corresponds to the
1
or married participants: Under many
F
retirement plans, spouses are entitled to receive year you turn 65 as shown in the transfer chart on page 5.
at least 50% of the participant’s retirement
plan death benefits. If you would like to direct
less than 50% to your spouse, you and your
Loans
spouse will need to complete a spousal waiver
Please note: If you currently have a loan at VALIC, your loan will continue to be
form for each affected contract. If such a
spousal consent is not executed, your spouse serviced by VALIC.
will be entitled to receive at least 50% of your
preretirement survivor benefits (or more if If you have assets in the VALIC Fixed Fund
required under your employer’s plan), regardless
of your beneficiary designation. Under the terms of your contract with VALIC, assets in the VALIC Fixed Fund may
not be distributed in a lump sum. Therefore, these assets will transfer to TIAA over
a five-year period. As a part of the transition, you will receive the initial transfer of
assets. Each February (on the anniversary of this transition), another portion of
your assets in the VALIC Fixed Fund will be transferred to TIAA and invested in the
lifecycle index fund that corresponds to the year you turn 65 until all remaining
assets are transferred to your TIAA account.
2 Questions? Call 800-842-2252 or visit TIAA.org/pacificuPacific University investment lineup and retirement
plan fees at TIAA
Below are your investment options at TIAA, which include the following asset classes: Guaranteed, Money Market, Fixed
Income (Bonds), Multi-Asset, Real Estate and Equities (Stocks). You can see details about the new investment options online at
TIAA.org/pacificu. Click Investment Options and then select View All Investments to view the individual investment
information. To learn more about the new investment options, go to TIAA.org and enter the ticker symbol in the site’s search
feature.
Your Guaranteed option, TIAA Traditional, 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.
• TIAA Traditional1
Beginning January 24, 2019, Pacific University will reduce the annual plan servicing fee from 18 basis points (0.18%)
to 14 basis points (0.14%), which will be divided into quarterly payments. This amount is realized from assessing a fee
to each investment you choose within the plan.
Each fee will be applied to your account on the last business day of each quarter and will be identified as a “TIAA Plan
Servicing Fee” on your quarterly statements and when you view your account online.
Annual Fund Plan Servicing Fee Calculations
Operating Expenses (A + B = C)
Gross A. B. Plan C. Total
Expense Net Expense Revenue Servicing Fee/ Administrative
Account or Fund/Share Class Ticker Ratio % Ratio % Sharing2 % (Credit) % Fee %
Carillon Eagle Small-Cap Growth R6 HSRUX 0.66 0.66 0.00 0.14 0.14
CREF Social Choice R2 (variable annuity) QCSCPX 0.33 0.33 0.20 (0.06) 0.14
CREF Stock R2 (variable annuity) QCSTPX 0.37 0.37 0.20 (0.06) 0.14
DFA International Value I3 DFIVX 0.63 0.43 0.00 0.14 0.14
Harding Loevner International Eq Instl4 HLMIX 0.82 0.82 0.15 (0.01) 0.14
MFS Value R6 MEIKX 0.49 0.49 0.00 0.14 0.14
Northern Small-Cap Value3 NOSGX 1.14 1.01 0.25 (0.11) 0.14
T. Rowe Price Blue Chip Growth I TBCIX 0.57 0.57 0.00 0.14 0.14
TIAA Traditional Annuity (guaranteed annuity) N/A 0.00 0.00 0.15 (0.01) 0.14
TIAA-CREF Bond Index Institutional3 TBIIX 0.12 0.12 0.00 0.14 0.14
TIAA-CREF International Eq Idx Institutional3 TCIEX 0.06 0.06 0.00 0.14 0.14
TIAA-CREF Bond Plus Institutional3 TIBFX 0.31 0.31 0.00 0.14 0.14
TIAA-CREF Equity Index Institutional3 TIEIX 0.05 0.05 0.00 0.14 0.14
TIAA-CREF Large-Cap Gr Idx Institutional3 TILIX 0.06 0.06 0.00 0.14 0.14
TIAA-CREF Large-Cap Value Idx Institutional3 TILVX 0.06 0.06 0.00 0.14 0.14
TIAA-CREF Small-Cap Blend Idx Institutional3 TISBX 0.06 0.06 0.00 0.14 0.14
continued
Questions? Call 800-842-2252 or visit TIAA.org/pacificu 3Pacific University investment lineup and retirement
plan fees at TIAA continued
Annual Fund Plan Servicing Fee Calculations
Operating Expenses (A + B = C)
Gross A. B. Plan C. Total
Expense Net Expense Revenue Servicing Fee/ Administrative
Account or Fund/Share Class Ticker Ratio % Ratio % Sharing2 % (Credit) % Fee %
TIAA-CREF S&P 500 Index Institutional3 TISPX 0.06 0.06 0.00 0.14 0.14
TIAA-CREF Lifecycle Index 2010 Institutional3 TLTIX 0.26 0.10 0.00 0.14 0.14
TIAA-CREF Lifecycle Index 2015 Institutional3 TLFIX 0.24 0.10 0.00 0.14 0.14
TIAA-CREF Lifecycle Index 2020 Institutional3 TLWIX 0.22 0.10 0.00 0.14 0.14
TIAA-CREF Lifecycle Index 2025 Institutional3 TLQIX 0.22 0.10 0.00 0.14 0.14
TIAA-CREF Lifecycle Index 2030 Institutional3 TLHIX 0.21 0.10 0.00 0.14 0.14
TIAA-CREF Lifecycle Index 2035 Institutional3 TLYIX 0.21 0.10 0.00 0.14 0.14
TIAA-CREF Lifecycle Index 2040 Institutional3 TLZIX 0.20 0.10 0.00 0.14 0.14
TIAA-CREF Lifecycle Index 2045 Institutional3 TLXIX 0.21 0.10 0.00 0.14 0.14
TIAA-CREF Lifecycle Index 2050 Institutional3 TLLIX 0.22 0.10 0.00 0.14 0.14
TIAA-CREF Lifecycle Index 2055 Institutional3 TTIIX 0.31 0.10 0.00 0.14 0.14
TIAA-CREF Lifecycle Index 2060 Institutional3 TVIIX 1.00 0.10 0.00 0.14 0.14
TIAA-CREF Lifecycle Index Ret Inc Institutional3 TRILX 0.37 0.10 0.00 0.14 0.14
Vanguard Federal Money Market Inv VMFXX 0.11 0.11 0.00 0.14 0.14
Vanguard Inflation-Protected Secs Adm VAIPX 0.10 0.10 0.00 0.14 0.14
Vanguard Real Estate Index Adm VGSLX 0.12 0.12 0.00 0.14 0.14
1
IAA Traditional Annuity is a guaranteed insurance contract and not an investment for federal securities law purposes. Any guarantees under annuities issued by
T
Teachers Insurance and Annuity Association of America (TIAA) are subject to its claims-paying ability. Interest credited includes a guaranteed rate, plus additional
amounts as may be established by the TIAA Board of Trustees. Such additional amounts, when declared, remain in effect for the “declaration year” which begins
each March 1 for accumulating annuities and January 1 for payout annuities. Additional amounts are not guaranteed for periods other than the period for which
they were declared.
2
“Revenue Sharing” describes the practice when investment providers share in the cost of plan administration. Please note that TIAA Traditional, TIAA Real Estate,
TIAA Stable Value, and all CREF Annuity accounts do not have an explicit revenue share. Rather they have a “plan services offset” that is applied to your plan’s
administrative and recordkeeping costs.
3
A contractual or voluntary fee waiver may apply. Please see the fund’s prospectus for details.
4
A redemption fee may apply. Please see the fund’s prospectus for details.
Investment products may be subject to market and other risk factors. See the applicable product literature, or visit TIAA.org/pacificu and enter a ticker symbol in
the site’s search feature for details.
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.
A lifecycle fund is a “fund of funds,” primarily invested in shares of other mutual funds. The fund’s investments are adjusted from more aggressive to more
conservative over time as the target retirement date approaches. The principal value of a lifecycle fund isn’t guaranteed at any time, including at the target-date.
The target date represents an approximate date when investors may plan to begin withdrawing from the fund. Also, please note that the lifecycle fund is selected
for you based on your projected retirement date (assuming a retirement age of 65).
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 the lifecycle funds, there is exposure to the fees and expenses associated with the underlying mutual funds.
4 Questions? Call 800-842-2252 or visit TIAA.org/pacificuHow VALIC account balances will transfer to TIAA
Pacific University will transfer current account balances to the lifecycle index funds at TIAA.
Your VALIC balance(s) will be applied first to the Vanguard Federal Money Market fund. Once the information is received from
VALIC, TIAA will then transfer the balance(s) from the Vanguard Federal Money Market fund to the age-appropriate TIAA-
CREF Lifecycle Index Fund.
When your VALIC account balance is transferred to the lifecycle index fund, it will be transferred to the fund that corresponds
to the year you turn 65 as shown in the chart below. For example, if you will turn 65 in 2044, contributions and balance(s) will
be directed to the Lifecycle Index 2045 Fund. These are the plan’s default investment options selected by Pacific University.
You will receive two confirmations from TIAA: One for the transfer to the Vanguard Federal Money Market fund and one for
the transfer to the age-appropriate TIAA-CREF Lifecycle Index Fund.
Account balance(s) from VALIC will be applied to the new investment option(s) as of 1 p.m. (PT) on the date the balance(s) are
received in accurate and complete order. Your account will not be invested in the new funds for at least one business day.
You’ll receive confirmations showing the balance(s) transferring from VALIC and being applied to your new TIAA account.
Please note: The date of the transfer depends on the accurate, timely transfer of data from VALIC to TIAA. If this does not
occur, transfers could be delayed.
Once your VALIC balances have transferred to the corresponding lifecycle fund, and the blackout has ended, you can go into
your account and review the investment options. To learn more, consider meeting with a TIAA financial advisor.
Target-date fund birth chart
Birth year New investment option Ticker
Before 1948 TIAA-CREF Lifecycle Index 2010 Institutional TLTIX
1949 – 1953 TIAA-CREF Lifecycle Index 2015 Institutional TLFIX
1954 – 1958 TIAA-CREF Lifecycle Index 2020 Institutional TLWIX
1959 – 1963 TIAA-CREF Lifecycle Index 2025 Institutional TLQIX
1964 – 1968 TIAA-CREF Lifecycle Index 2030 Institutional TLHIX
1969 – 1973 TIAA-CREF Lifecycle Index 2035 Institutional TLYIX
1974 – 1978 TIAA-CREF Lifecycle Index 2040 Institutional TLZIX
1979 – 1983 TIAA-CREF Lifecycle Index 2045 Institutional TLXIX
1984 – 1988 TIAA-CREF Lifecycle Index 2050 Institutional TLLIX
1989 – 1993 TIAA-CREF Lifecycle Index 2055 Institutional TTIIX
1994 – Present TIAA-CREF Lifecycle Index 2060 Institutional TVIIX
Questions? Call 800-842-2252 or visit TIAA.org/pacificu 5Retirement plan investment advice
As a participant in Pacific University’s retirement program, you have access to
How to access TIAA’s advice personalized retirement plan advice on the plan’s investment options from a
TIAA financial consultant. This service is available as part of your retirement
Online program at no additional cost to you.
Get quick, convenient answers using
the Retirement Advisor online tool.
Visit TIAA.org/retirementadvisor TIAA’s advice is designed to help you answer
and log in to your account.
key questions, including:
By phone or in person
1. Am I on track to reach my retirement savings goals?
Receive personalized retirement
plan investment advice either over We’ll help you analyze how your investments are performing, and determine
the phone or in person. if you’re saving enough to help meet your needs.
Schedule your advice session by 2. Which combination of retirement plan investments is right for me?
calling 800-732-8353, weekdays,
Get assistance picking the right investments, based on your plan’s
5 a.m. to 5 p.m. (PT).
investment options, diversifying properly and allocating contributions to
You can also schedule online at balance your need for growth potential with your tolerance for risk.
TIAA.org/schedulenow.
3. How can I meet my income needs in retirement?
Get help determining the amount you’ll need to meet your retirement
income goals.
IMPORTANT: 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.
About TIAA
Providing strong support on the road to retirement
no matter where you are today
1918 | TIAA
TIAA’s purpose has remained constant since TIAA was established 100 years ago: We’re
here to help you save for—and generate income during—retirement. Over the years, we’ve
regularly enhanced the ways we deliver on our purpose.
Teachers Insurance and
Annuity Association As an organization with deep roots among nonprofits—in higher education—TIAA is
of America created committed to continuous learning. And when we see opportunities to enhance our
retirement plan services, we share them with the institutions we serve.
Not sure where to begin? You can meet with us to
help you take the next step!
Personalized retirement plan advice is available on the plan’s investment options from a
TIAA financial consultant. This service is available as part of your retirement program at no
additional cost to you. You can schedule a session by calling 800-732-8353, weekdays,
5 a.m. to 5 p.m. (PT). You can also visit TIAA.org/schedulenow.
6 Questions? Call 800-842-2252 or visit TIAA.org/pacificuUnderstanding retirement plan fees
When making decisions about your Pacific University In some cases, investment providers share in the cost of plan
account, it’s important to know there are fees associated administration. This practice is called “revenue sharing.” An
with many of the plan’s services and investments. Please investment company may pay a portion of an investment
know that there have always been costs to participate in the option’s expense ratio to TIAA, the recordkeeper, to help
program. Some fees may be paid by your employer; others offset the cost of plan administration. If an investment's
may be paid by you, based on the services and investments revenue sharing amount exceeds 0.14%, no additional Plan
you choose. The recent changes outlined in this guide impact Servicing Fee is assessed. If the revenue sharing amount is less
how your plan administration costs will be assessed. than 0.14%, the difference is applied as a Plan Servicing Fee.
General administrative services For information on investment-specific expenses and fees,
Your plan charges an annual Administrative Fee to cover please refer to the investment table(s) provided. You can also
services such as recordkeeping, legal, accounting, investment find the expense ratios and other fees and expenses at
advisory and other plan and participant services.1 TIAA.org/pacificu or in the prospectuses at
TIAA.org/performance.
With the implementation of these changes, an annual Plan
Servicing Fee of up to 0.14%, $1.40 per $1,000 invested, will Loan issuance fee
be deducted from certain investments on a quarterly basis, This one-time fee is deducted directly from your account at
effective January 24, 2019. This amount will be realized by the time a loan is issued. A loan issuance fee would apply if
assessing a fee to each investment you choose within the you choose a general purpose loan and/or primary residence
plan. Each fee will be applied to your account on the last loan within the Pacific University 403(b) Plan. The costs of
business day of each quarter and is identified as a “TIAA Plan these loans are $75 per loan for a general purpose loan and
Servicing Fee” on your quarterly statements (see the $125 per loan for a residential loan. In addition, there’s an
“Investment-specific services” section for more detail). annual loan maintenance fee of $25.
Investment-specific services All things considered
Each of the plan’s investment options has a fee for Fees are important, but they are just one factor in your
investment management and associated services. Plan decision-making process. In addition to fees and expenses, you
participants generally pay for these costs through what is should be sure your investment choices reflect your personal
called an expense ratio. Expense ratios are displayed as a risk tolerance, the time frame until your retirement, and the
percentage of assets. For example, an expense ratio of appropriate balance allocation to suit your investment needs.
0.50% means a plan participant pays $5 annually for every
$1,000 in assets. Taking the expense ratio into consideration
helps you to compare investment fees.
1
lan servicing fees can be deducted from Retirement Choice (RC) and Retirement Choice Plus (RCP) contracts. However, plan servicing fees cannot
P
be deducted from Retirement Annuity (RA), Group Retirement Annuity (GRA), Supplemental Retirement Annuity (SRA) and Group Supplemental
Retirement Annuity (GSRA) contracts.
Questions? Call 800-842-2252 or visit TIAA.org/pacificu 7Q&A
1. Why is Pacific University updating the 403(b) plan? 4. What happens to my current outstanding loan,
Pacific University is committed to providing you with systematic withdrawal, TPA (transfer payout annuity),
competitive retirement benefits and recently conducted or required minimum distribution with VALIC?
a review of the retirement program. As a result of this You will receive separate communications if any actions
review, Pacific University selected TIAA as the single are required on your part. If you have any questions,
provider for administrative recordkeeping and education please contact TIAA at 800-842-2252.
services because TIAA offered the best overall value
for our program. The resulting updates are intended to 5. Will loans continue to be available?
give you the investments, services and tools you need to Yes, the Pacific University 403(b) Plan lets participants
pursue your retirement savings goals. borrow against their retirement account. If you currently
have a loan at VALIC, your loan will continue to be
2. How can I learn about the new investment options?
serviced by VALIC.
A list of the new investment options is included in
this guide. You can visit the dedicated retirement 6. How do lifecycle index funds work?
program website at TIAA.org/pacificu for additional Each lifecycle index fund consists of underlying mutual
information. funds that invest in a broad range of asset classes. The
allocations and risk level depend on how many years
3. What if I would like help making investment choices?
remain until the fund’s target date. To help reduce risk as
You can get personalized advice on the plan’s investment the fund’s target date approaches, the fund’s mix of
options from a TIAA financial consultant. This service is stocks, bonds and other types of investments is adjusted
available as part of your retirement program at no to a more conservative mix.
additional cost to you.
To schedule an advice session, call TIAA at 800-732-8353,
weekdays, 5 a.m. to 5 p.m. (PT). You can also schedule
online at TIAA.org/schedulenow.
continued
8 Questions? Call 800-842-2252 or visit TIAA.org/pacificuQ&A continued
7. What else should I know about lifecycle index funds? Guaranteed annuities (also known as fixed annuities):
As with all mutual funds, the principal value of a lifecycle Earn a minimum guaranteed interest rate on your
index fund isn’t guaranteed at any time and will fluctuate contributions, plus the potential for additional amounts of
with market changes. The target date indicates when interest. In retirement, guaranteed annuities can offer you
investors may plan to start making withdrawals. income for life that will never fall below a certain
However, you are not required to withdraw your money guaranteed level and provide income that is guaranteed to
at the target date. After the target date, some of your last for your lifetime.2
money may be merged into a fund with a more stable Variable annuities: Invest in a variety of asset classes and
asset allocation.1 A TIAA financial consultant can help you account values will fluctuate based on the performance of
decide whether a lifecycle index fund is right for you. the investments in the accounts. It is possible to lose
money in variable annuities. In retirement, variable
8. What are annuities?
annuities can provide an income stream that is guaranteed
There are different types of annuities, but they are to last for your lifetime, but the actual amount will rise or
typically designed to give you the opportunity to grow fall based on investment performance.
your money while you’re working and provide you with
the option to receive income for life when you retire. In
fact, annuities are the only retirement products that can
guarantee to pay you (or you and a spouse or partner)
income for life.
1
ifecycle index 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
L
fees and expenses associated with the lifecycle index fund, there is exposure to the fees and expenses associated with the underlying mutual funds.
2
Guarantees are based on the claims-paying ability of the issuing company.
Questions? Call 800-842-2252 or visit TIAA.org/pacificu 9We’re here to help
Not sure where to begin? Let us help you take the next step!
In person Phone Online
Schedule a one-on-one advice If you have any questions or would Manage your account online by
session by calling TIAA at like assistance selecting your new going to TIAA.org/pacificu
800-732-8353, weekdays, 5 a.m. investment options, call TIAA at and selecting Log In.
to 5 p.m. (PT) or visit TIAA.org/ 800-842-2252, weekdays, 5 a.m.
schedulenow. There is no additional to 7 p.m., and Saturday, 6 a.m. to If you’re new to TIAA, select
cost to you for this service. 3 p.m. (PT). Log in, then click on Register for
Online Access. Follow the on-screen
directions to gain online access to
your account.
This material is for informational or educational purposes only and does not constitute investment advice under ERISA. 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.
Distributions from 403(b) plans before age 59½, severance from employment, death or disability may be prohibited, limited and/or subject to substantial tax
penalties. Different restrictions may apply to other types of plans.
Investment, insurance, and annuity products are not FDIC insured, are not bank guaranteed, are not bank 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/pacificu 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, Teachers Personal Investors Services, Inc., and Nuveen Securities, LLC, Members FINRA and SIPC, distribute
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.
©2018 Teachers Insurance and Annuity Association of America-College Retirement Equities Fund, 730 Third Avenue, New York, NY 10017
MT 459958
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