{"id":934,"date":"2022-04-20T10:27:46","date_gmt":"2022-04-20T14:27:46","guid":{"rendered":"https:\/\/inside.wooster.edu\/hr\/?page_id=934"},"modified":"2022-04-20T10:28:49","modified_gmt":"2022-04-20T14:28:49","slug":"qualified-default-investment-alternative-qdia-annual-notice","status":"publish","type":"page","link":"https:\/\/inside.wooster.edu\/hr\/qualified-default-investment-alternative-qdia-annual-notice\/","title":{"rendered":"TIAA Qualified Default Investment Alternative (QDIA) Annual Notice"},"content":{"rendered":"\n<p><strong>Important Information <\/strong><br>You are receiving this Annual Notice to inform you of how your contributions under the plan(s) for The College of Wooster may be invested and how such contributions will continue to be invested if you have not provided complete instructions.<\/p>\n\n\n\n<p><strong>How Will Your Contributions Be Invested<\/strong><br>You may have a balance or current contributions under the plan(s) listed below for The College of<br>Wooster that are invested in the default investment option(s). If you are participating in the plan<br>but did not make an election choice, you were automatically defaulted into the plan\u2019s default<br>investment option(s). Your contributions will continue to be invested in the designated option(s)<br>unless you provide complete investment instructions. Please disregard this notice if you already<br>provided or updated your investment instructions.<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\">\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p>Plan Name:<br>The College of Wooster Defined Contribution Plan<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p>Default Investment Option:<br>TIAA-CREF Lifecycle Funds<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<p>How You Can Change the Way Your Contributions are Being Invested:<br>You have the right to change the investment allocation of your account at any time. You can elect<br>to direct the investment of your existing balances and future contributions to any of the plan&#8217;s<br>available investment options. This includes being able to transfer out of the plan\u2019s designated<br>default option(s) to another investment option available in the plan. If you have been defaulted<br>into the designated default option(s) and you do not provide complete investment instructions, your<br>contributions and existing balance will continue to be invested in the designated option(s).<\/p>\n\n\n\n<p>To change how your account is invested among the plan\u2019s offered investment choices, you can contact<br>TIAA at 800-842-2252 or access your account online at TIAA.org\/Wooster.<\/p>\n\n\n\n<p>Please Note the<strong> Following:<\/strong><br>The enclosed Fact Sheet provides information about the TIAA-CREF Lifecycle Funds \u2013 including the<br>investment objectives and strategy, fund\/account performance, risk and return characteristics, and<br>fees and expenses. You can also learn more about the TIAA-CREF Lifecycle Funds by visiting<br>TIAA.org\/Wooster.<\/p>\n\n\n\n<p>Distributions from tax-deferred plans before age 59\u00bd, severance from employment, death, or<br>disability may be prohibited, limited, and\/or subject to substantial tax penalties. Different<br>restrictions may apply to other types of plans.<\/p>\n\n\n\n<p><strong>How to Contact Us<\/strong><br>If you have questions or would like to obtain updated information on fees and expenses, a more<br>detailed explanation of the default option(s), or more information about the other investment<br>options available under the plan, please visit TIAA.org\/Wooster or contact TIAA at 800-842-2252.<br>Consultants are available<br>8am to 10pm ET.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Important Information You are receiving this Annual Notice to inform you of how your contributions under the plan(s) for The College of Wooster may be invested and how such contributions will continue to be invested if you have not provided complete instructions. How Will Your Contributions Be InvestedYou may have a balance or current contributions [&hellip;]<\/p>\n","protected":false},"author":247,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-934","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/inside.wooster.edu\/hr\/wp-json\/wp\/v2\/pages\/934","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/inside.wooster.edu\/hr\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/inside.wooster.edu\/hr\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/inside.wooster.edu\/hr\/wp-json\/wp\/v2\/users\/247"}],"replies":[{"embeddable":true,"href":"https:\/\/inside.wooster.edu\/hr\/wp-json\/wp\/v2\/comments?post=934"}],"version-history":[{"count":3,"href":"https:\/\/inside.wooster.edu\/hr\/wp-json\/wp\/v2\/pages\/934\/revisions"}],"predecessor-version":[{"id":937,"href":"https:\/\/inside.wooster.edu\/hr\/wp-json\/wp\/v2\/pages\/934\/revisions\/937"}],"wp:attachment":[{"href":"https:\/\/inside.wooster.edu\/hr\/wp-json\/wp\/v2\/media?parent=934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}