Each investment account administrator places certain restrictions on your investments. For complete, current details on restrictions, you should refer to the printed materials available from each of the investment fund sponsors. Following are explanations of some of the most important restrictions.
The following rules apply to how future contributions to the plan are invested:
- You may choose to invest your own future tax-deferred contributions in either the funds available through TIAA or Fidelity (both tax-deferred and Roth after-tax contributions can be invested in the funds available through Fidelity), or you may split your contributions between the two.
- If you choose to invest your tax-deferred contributions in the TIAA funds, you may split contributions between the funds available through TIAA and CREF in any combination you choose.
- If you choose to invest in the funds available through Fidelity, you may split your contributions among the funds in any combination you choose.
- Subject to the restrictions on Roth after-tax contributions, you can change your choice of where to invest future contributions as often as once a month.
Statements of Your Accounts
You will receive quarterly statements by mail directly from TIAA. Fidelity’s quarterly statements are available at Fidelity NetBenefits.