The whitepaper, “Minimizing Risk and Maximizing Outcomes,” provides guidance to help plan sponsors understand their role as a fiduciary, reviews strategies to minimize fiduciary and compliance risk, and details seven best practices that can serve to improve performance in areas such as plan design, governance, and oversight.
TIAA-CREF Whitepaper Provides Guidance for 403(b) Fiduciaries
A new whitepaper by TIAA-CREF highlights steps 403(b) plan sponsors can take to uphold their fiduciary obligations and help plan participants maximize their retirement savings.