BenefitsRetirement Plans — Investment AssistanceIndividual Counseling Sessions BMC offers Individual Counseling Sessions, where you can meet one-on-one with a TIAA-CREF Consultant to discuss your personal financial situation. TIAA-CREF Consultants offer free, confidential information and advice, and can help you decide how the Plan's mutual funds and annuities can fit into your overall financial picture. Call 781.314.2400 or click to schedule an appointment (if you are using the on-line option you will have to log into your TIAA-CREF account first). See what will be covered in an individual counseling session (Adobe Flash) For General TIAA-CREF Assistance Call: 1.800.410.6649
Counting Down to Retirement This three session course is designed for employees within 5 years of retirement. It provides the most up to date information on Social Security Benefits, Medicare and options on how to fill the "Medicare Gap". Getting Started This class is for employees not yet participating in a 403(b) plan or participants who have just enrolled and want to learn more. It covers the basic features of the plans, the benefits of tax-deferred savings, how to select investments options, and the enrollment process. Accumulating Savings For employees who have enrolled in a 403(b) plan and want to learn more, this class covers the basic characteristics of asset classes such as stock, bonds and cash. The importance of a diversified investment mix will be discussed as well as how to calculate the amount needed to save in order to reach retirement goals. Participants will learn how to analyze their current portfolio allocation and develop a strategy to improve it. Retirement Readiness As employees get closer to retirement, it is important to take a fresh look at their investment strategy. At this stage the goal often changes from just accumulation to a balance of accumulation and asset preservation. Participants will learn how and when to make this shift. Distribution Planning When employees retire they have many decisions to make regarding their savings in the 403(b) plans. This class covers the many distribution options available to create an income stream during retirement. The tax consequences of each option will be discussed as well as planning steps the participant should take before their actual retirement date.
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