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Products January 13, 2012
TIAA-CREF Managing Brooklyn Hospital Center 403(b)
January 13, 2012 (PLANSPONSOR.com) - The Brooklyn Hospital Center has chosen TIAA-CREF to manage its 403(b) retirement plan.
Reported by
Rebecca Moore
Employees can now invest in mutual funds from TIAA-CREF as well as other providers. They will also have access to TIAA-CREF annuities, which can help provide guaranteed lifetime income in retirement. An interactive, customized website provides plan details and account information to plan participants.
TIAA-CREF took over the plan in November.
“TIAA-CREF was the right partner for us because of their investment capabilities, track record of historical performance and low expense ratios,” said John Lasky, Senior Vice President of Human Resources for The Brooklyn Hospital Center.