CRP Contributions

Rollover Contributions

Subject to any restrictions imposed by the investment companies, you may make a tax-deferred rollover of eligible cash (not stock, securities or mutual fund shares) to your retirement savings account under CRP. The amount rolled over may be invested among the TIAA-CREF and Vanguard funds offered under CRP. Eligible cash rollovers include distributions from employer retirement plans such as 403(b) tax-sheltered annuities, 401(k) plans, and 457(b) governmental plans as well as lump sum distributions from defined benefit pension plans. Taxable distributions from traditional IRAs also are accepted. You may roll over your after-tax contributions only if directly rolled over from a 403(b) tax-sheltered annuity. To make a rollover to your retirement savings account, contact TIAA-CREF or Vanguard.

While this Summary Plan Description summarizes the major provisions of this plan, it does not provide you with every plan detail. The plan documents, which govern this plan, provide full details. If there are any discrepancies between this Summary Plan Description and the legal plan documents, the legal plan documents control.