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Thanks for your input, everyone!

I think my situation is similar to are automatically enrolled and required to put in 5%. The university matches 8%. This must be the pension. The 403b is over and above that 5% (in my case up to $15K/year).

As far as annuities and, I don't know much about that at all. I am going to re-read the thread and see if I can find out some info on the TIAA-CREF website. I can also try to find out info from HR, as you guys have suggested.

Can someone explain a little bit about how the annuity thing works and why it's not necessarily a good thing?

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