Retirement Plan Investment Funds
Penn’s investment fund lineup is organized into four investment tiers: Default Investment Funds, Core Funds, Supplemental Funds, Brokerage Option.
Whether you're new to investing, somewhat experienced, or a savvy investor, these options make it easy for you to choose an investment mix to meet your financial goals. Select a combination of funds from any or all of the investment tiers below. You can also transfer existing balances and change your investment elections for future contributions at any time.
(The "Do It for Me" Option)
The Default fund options is designed to give you a simple solution to saving for retirement. With a single fund election, you'll be invested in a variety of asset classes (e.g., bonds, stocks) and your asset allocation will automatically adjust as you age. You'll have a ready-made, diversified portfolio within a single investment choice.
Default Investment Funds are managed to a specific time horizon—usually a “targeted” retirement date based on when you reach age 65. Your investment portfolio automatically adjusts from more aggressive to more conservative as you near your selected retirement date.
|Lifecycle Index Funds|
Vanguard Target Retirement Funds
The "Help Me Do It" Option
These funds are designed to help you make your own investment choices without having to wade through too many options. The core funds range from money market funds to stock and bond index funds. Choose from these carefully selected fund options to build a balanced portfolio. Your overall investment mix is up to you, and can vary based upon your risk tolerance. It's important to reassess your asset allocation periodically to ensure you're on track to meet your retirement goals.
CREF Money Market Account
Federal Money Market Fund
TIAA-CREF Bond Index Fund
Total Bond Market Index Fund
CREF Equity Index Account
Total Stock Market Index Fund
TIAA-CREF International Equity Index Fund
Total International Stock Index Fund
The “I’ll Do It" Option
These funds are designed for you to create your own lineup, and take a more targeted and active role in investing. The menu of funds covers a variety of asset classes to help you build a portfolio that meets your individual retirement needs and goals. Your overall investment mix is up to you, based on your risk tolerance. It's important to reassess your asset allocation periodically to ensure you're on track to meet your retirement goals.
Short-Term Fixed Income
TIAA Traditional Account
Short Term Investment-Grade Fund
Intermediate-Term Fixed Income
CREF Bond Market Account
Intermediate Term Bond Index Fund
Long Term Fixed Income
Long Term Bond Index Fund
CREF Stock Account
Institutional Index Fund
TIAA-CREF Mid-Cap Value Fund
Mid-Cap Index Fund
TIAA-CREF Small-Cap Equity Fund
Small-Cap Index Fund
TIAA-CREF International Equity Fund
Global Equity Fund
CREF Inflation-Linked Bond Account
Inflation-Protected Securities Fund
Balanced (U.S. Stocks and Bonds)
CREF Social Choice Account
The Self-Directed Investor Option
These funds are designed for people who have a sophisticated understanding of investment principles. A brokerage account allows you to choose from hundreds of investment fund options. You're solely responsible for managing your brokerage account, so be sure you're comfortable with the additional risk involved. You'll also be charged some fees for maintaining a self-directed brokerage account; those fees will depend on your investment carrier and the actual funds you select.
|All mutual funds at TIAA (other than funds in tiers 1 – 3), as well as outside funds. For more information on TIAA brokerage options, call 877-736-6738.||All mutual funds at Vanguard (other than funds in tiers 1 – 3), as well as outside funds. For more information on Vanguard brokerage options, call 800-523-1188.|
Retirement Call Center