The Motley Fool Discussion Boards
Investing/Strategies / TIAA-CREF
|Subject: Re: TIAA-CREF Reports Error||Date: 9/25/2006 2:02 PM|
|Author: Lokicious||Number: 39 of 57|
I'm getting more and more disgusted with TIAA-CREF.
I took out all my mutual funds from them when they changed the fee structure -- against the will of the voting majority, I might add -- and made them among the most expensive funds to own. That was over $300,000 they lost by that move.
I still have my Money Market account with them, but will close that out by the end of this year.
My retirement account is still with them, but only because I have no control over it.
They better get their act together soon... as their reputation is going down the tubes and more and more investors will flee like I did.
There is life on this board (and, here, I thought it was Franco, still dead).
As far as I can see, TIAA-Cref offers nothing, except TIAA—Traditional, not available for less at Vanguard, and Vanguard has lots more fund options. More importantly, Vanguard has a brokerage service that has