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.
As a result of a recent review, the committee has decided to make the following changes to the retirement plans’ investment menu offered through Fidelity Investments and TIAA.
The following changes were effective on June 7, 2019:
Investment Menu Changes at Fidelity:
- The Vanguard FTSE Social Index Fund Admiral (VFTAX) will be added to the plans’ fund lineup at Fidelity.
- The Vanguard FTSE Social Index Fund Investor Shares will be removed from the plans’ fund lineup. All assets invested in and future contributions to the fund will be moved to the new Vanguard FTSE Social Index Fund Admiral (VFTAX).
- The Fidelity® Growth & Income Portfolio – Class K will be removed from the plans’ fund lineup. All assets invested in and future contributions to the fund will be moved to the existing Vanguard Growth and Income Fund Admiral Shares (VGIAX).
Investment Menu Changes at TIAA
- The American Century Mid Cap Value R6 (AMDVX) will be added to the plans’ fund lineup at TIAA.
- The TIAA-CREF Mid-Cap Value Institutional will be removed from the plans’ fund lineup. All assets invested in and future contributions to the fund will be moved to the new American Century Mid Cap Value R6 (AMDVX).
Participants will have received a separate notice from your retirement provider informing you of these changes. If you previously had assets invested in the removed funds and do not wish to have elections redirected to the funds noted above, you have the option to change your investment direction by logging in to your account or contacting your retirement provider:
- Fidelity Investments: netbenefits.com/gw or (800) 343-0860
- TIAA: tiaa.org/gwu or (800) 842-2776
Reminder – 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 lineup. See https://benefits.gwu.edu/retirement-counseling for appointment booking information.
