DW and I both have Tiaa accounts.
We are assigned a kind of team...an advisor, a secretary type, and a hands on person who really gets things done.
The upshot is that the get-things-done person was brought in after the Tiaa website choked when I tried to take my RMDs for this year. He said he'd help this time, but to get his help in the future, we'd need to avail ourselves of his team's financial planning services. If we don't do that, we'll need to call the central services number, which experience shows can sometimes be patchy.
I asked what the cost of financial planning was, and he said there'd be no charge. We have an appointment to meet with the account advisor type next week and it would help to know what to expect.
Are they wanting to develop a plan or something? Do they want to direct our accounts? The get-things-done guy indicated they are not trying to get us to move other assets into Tiaa. But a full picture requires considering everything and we already have an advisor for that who we pay by the hour.
I'm not contributing anymore so maybe it's time to transfer my assets out of TIaa. (I hear they don't make that easy.) But DW still is contributing through work, so it would be more difficult for her.
Any advice or insight would be appreciated. I'd really like to keep a working relationship with this get-things-done person, as long as we have funds at Tiaa. But I'm not too excited about their financial planning services, and it would probably be time consuming to have them somehow develop a complete plan.
We are assigned a kind of team...an advisor, a secretary type, and a hands on person who really gets things done.
The upshot is that the get-things-done person was brought in after the Tiaa website choked when I tried to take my RMDs for this year. He said he'd help this time, but to get his help in the future, we'd need to avail ourselves of his team's financial planning services. If we don't do that, we'll need to call the central services number, which experience shows can sometimes be patchy.
I asked what the cost of financial planning was, and he said there'd be no charge. We have an appointment to meet with the account advisor type next week and it would help to know what to expect.
Are they wanting to develop a plan or something? Do they want to direct our accounts? The get-things-done guy indicated they are not trying to get us to move other assets into Tiaa. But a full picture requires considering everything and we already have an advisor for that who we pay by the hour.
I'm not contributing anymore so maybe it's time to transfer my assets out of TIaa. (I hear they don't make that easy.) But DW still is contributing through work, so it would be more difficult for her.
Any advice or insight would be appreciated. I'd really like to keep a working relationship with this get-things-done person, as long as we have funds at Tiaa. But I'm not too excited about their financial planning services, and it would probably be time consuming to have them somehow develop a complete plan.
Statistics: Posted by valleyrock — Wed Oct 23, 2024 11:11 pm — Replies 0 — Views 29