No! In fact, I'm doing the opposite (that is, moving funds from TIAA into CREF), primarily because of the limitations on getting funds liberated from TIAA.If your CREF investments are well-diversified (along a number of dimensions), they will handle market turbulence. Plus, you already have a deep ballast in TIAA.If anything, you might want to slowly move some funds OUT of TIAA rather than into it. You need to check on your TIAA-CREF plan. Probably, if it's funded by your employer the annuity may take equal payments of 4-7 years to withdraw. However, probably, if you also have the employee option for contributions, that can be withdrawn from the annuity any time. At least in my plan I get 3% on my immediately withdrawable annuity. On my employer annuity I can add another 1/2% to 1 1/2% of interest depending on how long I've had it, but it does take the longer time to withdraw.Check your plan or call TIAA-CREF.I agree it is a deep ballast and for immediate withdrawal a nice tax-deferred cash-like investment.BobRYR Home Fool
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