TIAA-CREF To Help Draft 403(b) Documents

TIAA-CREF is now ready to help clients prepare written plan documents newly required for some 403(b) plans.

A press release said the service will be provided free to TIAA-CREF’s 403(b) clients. The organization will work with Ascensus to prepare the necessary documents that incorporate TIAA-CREF annuity contracts and mutual funds into plans.

The plan document service will help sponsors of both annuity and custodial account-based plans. A plan that uses funding vehicles from other vendors will need the help of a lawyer to add the features of those options to the documents.

Plan administrators who wish to learn more about these resources can contact their TIAA-CREF managing consultant or call 888.842.7782.