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.

Default Investment Funds

(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.

TIAA

Lifecycle Index Funds
Vanguard

Vanguard Target Retirement Funds

Core 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.

 

TIAA

Vanguard

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

Supplemental Funds

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.

 

Asset Class

TIAA

Vanguard

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
Intermediate Term Treasury Fund

Long Term Fixed Income

 N/A

Long Term Bond Index Fund
Long Term Investment-Grade Fund
Long Term Treasury Fund

Large-Cap Stocks

CREF Stock Account
TIAA-CREF Large Cap Value Fund
CREF Growth Account

Institutional Index Fund
Value Index Fund
Windsor II Fund
Windsor Fund
Growth Index Fund
PRIMECAP Fund
U.S. Growth Fund
Morgan Growth Fund

Mid-Cap Stocks

 

TIAA-CREF Mid-Cap Value Fund
TIAA-CREF Mid-Cap Growth Fund

Mid-Cap Index Fund
Extended Market Index  Fund
Selected Value Fund
Mid-Cap Growth Fund
Capital Opportunity Fund

Small-Cap Stocks

TIAA-CREF Small-Cap Equity Fund

Small-Cap Index Fund
Small-Cap Value Index Fund
Small-Cap Growth Index Fund
Explorer Fund

International Stocks

 

TIAA-CREF International Equity Fund
CREF Global Equities Account

Global Equity Fund
Emerging Markets Stock Index
International Value Fund
International Growth Fund

Specialty Assets

 

CREF Inflation-Linked Bond Account
TIAA Real Estate Account
TIAA-CREF High Yield Fund

Inflation-Protected Securities Fund
REIT Index Fund
High Yield Corp Bond Fund

Balanced (U.S. Stocks and Bonds)

 CREF Social Choice Account

Wellington Fund
Wellesley Income Fund

Brokerage Option

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.

You're encouraged to meet with either TIAA or Vanguard before choosing this option.

TIAAVanguard
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.

Contact Us

Retirement Call Center
(877) 736-6738