Stable-Value (SV) Rates, 9/1/24
TIAA Traditional Annuity (Accumulation) Rates
Rates down by 25 bps
Restricted RC 5.25%, RA 5.00%
Flexible RCP 4.50%, SRA 4.25%, IRA-101110+ 4.50%
(TIAA Declaration Year 3/1 - 2/28)
TSP G Fund pending (previous 4.125%).
Options outside of workplace retirement plans include m-mkt funds, bank m-mkt accounts (FDIC insured), T-Bills, short-term brokered CDs.
#StableValue #401k #403b #TIAA #TSP
https://ybbpersonalfinance.proboards.com/post/1632/thread
Comments
It was good while it lasted but now the question is where to go. None o the index funds are appealing except maybe the extended market fund.
I will probably roll my account over, unless their annuity rates look great, but I am not a fan of annuities
I emailed them for idea of rates
Yea, options aren't great on the where-to-go front. Perhaps short-term a little F and, yes, S. At no time before have I considered TSP to be too limited but, now, it does. Maybe I am becoming limited faster???
1. We will hold enough cash to cover one to two year expense (minus social security and pension) from the staple value fund.
2. The bulk of our staple value has been reallocated to total bond index fund since the beginning of 2024. This alone has gained well over 1% total return with stable value gradual declining yield.
3. Short term bonds and funds are viable alternatives. Taking on more credit risk is reasonable with good active management.