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TIAA-CREF or Fidelity for 403(b)? Or both? |
My new employer lets you invest your 403(b) funds in TIAA-CREF or Fidelity (or both). I plan to contribute 5% of my income, which is required to get the 8% employer match (I invest seperately into a Roth IRA). My only experience with retirement plans has been with my Roth IRA and a 401(k) through a large corporation. I am unable to view the 403(b) documentation on these companies' websites until I actually choose which one(s) I want to sign up with. Can anyone offer their take on how these two companies compare in investment options (I know this can vary by employer, but your thoughts would still help), ease of use of the website, customer service, and general thoughts on the two? I don't know which one I should go with, or if it would be worthwhile putting some money in each. Thanks! Maybe you should direct a little money at both...until you get the option of viewing each plan....then make your future contributions to the plan that offers you the best options. Somewhere along the line you can change your contributions..(.probably on-line) Fidelity all the way. Honestly, I've struggled with the same quandary. TIAA-CREF bureaucratic & inferior. Hope your Roth in stocks(incl International stocks) all the way. Investment options mean much more than anything else. Fidelity has a longer better track record then the Tiaa CREF fund managers. Although both are solid investment options I would lean towards Fidelity |
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