TIAA-CREF, Vanguard Offer Financial Counsel Services to Pitt Retirement-Fund Participants

Issue Date: 
September 6, 2011

Citing the recent stock market upheaval, the University of Pittsburgh’s Office of Human Resources and Pitt’s two retirement-benefit partners—TIAA-CREF and Vanguard— are urging Pitt faculty and staff to meet with a financial advisor for experienced counsel.

Both TIAA-CREF and Vanguard offer, at no charge, individual retirement counseling sessions to all faculty and staff who participate in either plan, according to an e-mail message from Ronald Frisch, Pitt’s associate vice chancellor for human resources, to Pitt department administrators and human-resources managers. The TIAA-CREF and Vanguard counselors are noncommissioned financial managers who work with Pitt faculty and staff to create individual customized action plans.

The counseling covers updates on market conditions, as well as advice on rebalancing retirement goals, developing an appropriate investment strategy, and managing retirement plans effectively.

To schedule an appointment with a financial advisor, call TIAA-CREF at 1-877-209-3136 and Vanguard at 1-800-662-0106, ext. 14500, or www.meetvanguard.com.

To make changes in investments, ask questions about an account, or to check balances, call the companies’ Participant Services Departments—TIAA-CREF at 1-800-682-9139 and Vanguard at 1-800-523-1188.

Account management may also be done online at www.tiaa-cref.org/pitt and www.vanguard.com.