The investment options in the GW retirement plans are regularly monitored by the plans’ Retirement Plan Investment Committee, with the assistance of an outside investment consultant. From time to time, the committee will make changes to the funds available through the retirement plans.
Fidelity Investment Changes
As the result of a recent review, the committee has decided to make the following changes to the retirement plans’ investment menu offered through Fidelity Investments, effective December 7, 2020:
- The Fidelity® Europe Fund will be removed from the plans’ fund lineups. All assets invested in and future contributions to the fund will be moved to the existing Fidelity Overseas Fund – Class K
- The Fidelity® Pacific Basin Fund will be removed from the plans’ fund lineups. All assets invested in and future contributions to the fund will be moved to the existing Fidelity Overseas Fund – Class K
If you are currently invested in one of the removed funds and want your funds moved to the new funds as noted above, no action is required by you. If you want to invest your funds in another investment option offered under the plans, you can update your investment elections by logging in to your Fidelity account or contact Fidelity. Participants will also receive a separate notice from Fidelity outlining the fund changes.
- Fidelity Investments Contact Information: netbenefits.com/gw or (800) 343-0860
TIAA Changes
The committee has decided to make the following changes to the retirement plans’ investment menu offered through TIAA, effective January 13, 2021:
- The TIAA-CREF International Equity Fund will be removed from the plans’ fund lineups. All assets invested in and future contributions to the fund will be moved to the new MFS International Diversification Fund Class R6
If you are currently invested in the removed fund and want your funds moved to the new fund as noted above, no action is required by you. If you want to invest your funds in another investment option offered under the plans, you can update your investment elections by logging in to your TIAA account or contact TIAA:
- TIAA: tiaa.org/gwu or (800) 842-2776
Retirement Counseling
Retirement counselors from both Fidelity and TIAA are available for free one-on-one sessions on campus, should you like to meet with them to review your GW retirement savings options and fund lineups.
