Under the agreement, Shoreline plan participants will have access to:
- An advice platform which provides objective, personalized retirement planning tailored to individual and diverse goals and at varying life stages;
- An interactive customized Website where employees can go to receive plan details, account information and schedule appointments with TIAA-CREF advisers; and
- New fund options, supported by a comprehensive mapping feature allowing participants to be updated on current account activity.
“Following a rigorous selection process, TIAA-CREF was selected as the new provider of our retirement plans due to the depth and breadth of services they will provide,” said Julie Underwood, Shoreline City Manager, according to the announcement.