America’s educators face greater pressures today than ever, through expanding class sizes, flat or nominal wage increases, and challenges with state defined benefit funding levels. The solvency of Social Security remains a worry and K-12 teachers and staff throughout the country question whether or not they’ll be able to retire.
Faced with this increasingly complex environment, it can be a challenge for you to help your employees financially prepare for retirement. In addition, requirements in the 403(b) regulations make your responsibility as administrator and fiduciary greater than ever. TIAA-CREF is here to help – we offer a comprehensive retirement solution for K-12 plans, at a competitive price.