Retirement - Registered Investment Advisors
UK employees now may utilize Registered Investment Advisers to manage their UK retirement account investments. With recent changes to federal guidelines governing employer-based retirement accounts, the University has worked with Fidelity Investments and TIAA-CREF to offer this additional option for our employees.
What is a Registered Investment Advisor?
A Registered Investment Advisor (RIA) is a person or firm registered with the Securities and Exchange Commission (SEC) and/or a state licensing authority as a provider of professional financial management services.
A Registered Investment Advisor can provide investment advice and/or manage the allocation of your retirement accounts, but can also charge a fee for these services. You can arrange for this fee to be charged against your retirement account(s).
Will Fidelity or TIAA-CREF provide me with an RIA?
Each retirement carrier may have a list of approved or preferred Registered Investment Advisors they can provide. UK does not recommend or endorse any particular RIA over another.
How do I use my 403(b) account to pay for my advisor?
You can pay for this service by signing the Fidelity and/or TIAA-CREF Investments Registered Investment Advisor Authorization and Indemnification Form. This form allows you to give Fidelity and TIAA-CREF permission to deduct advisor fees directly from your 403(b) account. To obtain a copy of the form, please contact Fidelity at 1-888-766-6815 and TIAA-CREF at 1-888-841-0318.
How do I get my advisor registered?
To get your advisor registered, fill out the Fidelity and/or TIAA-CREF Registered Investment Advisor Authorization and Indemnification Form. To obtain a copy of the form, please contact Fidelity at 1-888-766-6815 and TIAA-CREF at 1-888-841-0318.
Do I have to use an advisor for help with my University of Kentucky Retirement Plan?
No. Selecting an advisor is completely your decision. Associates from Fidelity and TIAA-CREF will still continue to provide free on-site one-on-one consultations and reviews on a monthly basis to assist you with your retirement planning needs. The University of Kentucky is offering this additional resource to help you meet your overall retirement needs. If you would like more information about this service please contact Fidelity at 1-888-766-6815 and TIAA-CREF at 1-888-841-0318.
- Retirement Overview
- Basic Retirement Plan
- Voluntary Retirement Plans
- Loans and Withdrawals
- Ready to Retire
- Enrollment Forms
- Phased Retirement for Faculty and Staff
- Registered Investment Advisors
- Notice to Registered Investment Advisors
- Retiree KY State Tax Information
- Retirement Plan Booklet