Can I transfer funds from my current retirement account to TIAA-CREF?
Asked 2 years ago
Yes, it is possible to transfer funds from your current retirement account to TIAA-CREF. This process is often referred to as a rollover. Many individuals choose to roll over their retirement accounts to TIAA-CREF to take advantage of the investment options and services that TIAA provides. To initiate a transfer, it is advisable to check with your current retirement account provider to understand their specific procedures and any potential fees involved in the rollover process.
Once you have that information, you can contact TIAA-CREF to learn about their requirements for accepting the transfer. They typically allow rollovers from various types of retirement accounts, such as 401(k) plans and individual retirement accounts (IRAs).
Detailed information regarding the rollover process, including forms and potential tax implications, can often be found on the TIAA-CREF website. It is a good idea to review this material to ensure you have all the necessary information.
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