What is mapping?

You may have learned a new word during this process: mapping. In the investment world, it is usually transferring funds from one type of fund to a similar type of fund of another provider. A XYZ Large Cap fund for ABC Large Cap fund. In this situation, it really isn’t a mapping process, but more of a putting. Most of the fund investments that you have at TIAA and Fidelity will be put into a Vanguard Target Date Fund.

However, not everything will map (or put).

If you are currently utilizing the 403(b) with Fidelity your investment options will remain the same. However, all new contributions will be put into a “new” 403(b) account with the default Vanguard Target Date Fund (or Core or Self Directed.) You can transfer the funds from the “old” 403(b) into the ‘new” so you don’t have two 403(b). (Kind of confusing.) I think it does make sense to do that and not have two accounts. Also, if you like the investment choices at Fidelity, you will have most of the same options in a Self Directed Account..

On the TIAA side, the following funds will not be mapped:

No new contributions will go into the above funds. New contributions will go into the Target Date Fund chosen by your birthdate.

On the TIAA Traditional Annuity, your current balances will remain. If you want to made additional contributions into a annuity structure the differences are below: