In this volatile financial environment, and in light of the recent developments on Wall Street, 403(b) participants may have some questions about their investments in the University of Illinois Supplemental 403(b) Retirement Plan.
Participants are encouraged to contact the 403(b) vendor directly with any questions or concerns. Information regarding the current market situation is also being posted regularly on the vendor web sites.
Both vendors have recently released the following statements:
Protecting Our Client's Asset is Our Priority
Fidelity Market Analysis, Research, and Education
Statement on Market Volatility and Recent Events in the Financial Services Sector
Additionally, representatives from both Fidelity and TIAA-CREF are often on campus to offer free counseling sessions to University employees. To sign up for a counseling session, employees should visit the 403(b) Investment Company Visits, Counseling, and Seminars page.