We are pleased to announce that after a comprehensive RFP process and analysis by the Retirement Plan Committee, Texas Wesleyan University has selected Voya Financial as its new retirement plan provider. Voya Financial was selected based on their enhanced retirement plan services and features, award-winning user-friendly website, an array of investment options and lower overall fees.
This transition will be seamless as we work toward completing the process by the end of May 2016. Once the transition process is complete, all new contributions will be made to Voya Financial instead of Nationwide. Please note, any accounts and future contributions that are currently with TIAA will not be impacted by this transition.
You will be receiving a detailed explanation of the transition from Voya Financial within the next week. Should you have any questions after receiving your packet, please join us for a town hall meeting at either 12:15 p.m. or 3 p.m. on April 11 in Lou's Place.
We are excited about the new partnership with Voya Financial and the resources they will provide to get us ready for retirement.