Duke has an Investment Advisory Committee (IAC) whose role is to ensure that you have access to quality investment options at a reasonable cost. The IAC is comprised of key Duke University and Duke University Health System administrators who work closely with expert consultants who specialize in investment advisory services. The IAC has chosen a group of funds to regularly monitor and ensure that they remain appropriate investment options for Duke's plan.

Tiered Investment Options

Your investment options are grouped in tiers to make it easier to navigate your investments. Funds in Tier 1 and Tier 2 have been specifically chosen by the IAC for the Faculty and Staff Retirement Plan based on their suitability for use in a diversified retirement savings portfolio and their competitive expense level. Funds available through BrokerageLink® (Tier 3) and frozen annuity accounts are not monitored by the IAC.

Target Date Funds

Target date funds offers a way to make a single choice for your retirement needs. These funds are designed for investors expecting to retire around the year indicated in each fund's name. A Target Date Fund is invested in a portfolio of mutual funds that automatically becomes more conservative as the fund approaches its target retirement date and beyond. Principal invested is not guaranteed.

Your Default Investment Options

If you have a payroll deduction set up to contribute or will start receiving Duke's contribution but do not make investment elections through Fidelity, your contributions will be automatically deposited in the default investment fund.

Self-Directed Brokerage Account (Brokerage Link)

Fidelity BrokerageLink® is a self-directed brokerage account that gives participants access to thousands of mutual funds from many different mutual fund companies.

TIAA Traditional Annuity

The TIAA Traditional Annuity is offered within the Retirement Choice (RC) contract. This is the only investment option available for new contributions at TIAA. 

Investment Performance and Participant Fee Disclosure Information

Review the Investment Performance and Participant Fee Disclosure Summary before making investment decisions.