Leaving this company was the best decision I’ve made in years. If you’re smart and want your life back, start planning your exit. We all deserve workplaces where our time, effort, and wellbeing actually matter, not just a revolving door of chaos and stress. Don’t wait until it’s too late to make the move.
14 replies (most recent on top)
@m3 lol. He put it back on me and my new employer but had been through that ringer a week before with another TIAA participant that worked at one of the colleges TIAA is admin for.
@m2 luckily I’m just a vanilla 401k that I manage myself and never invested with the BS model portfolios TIAA auto-opted associates into unless they opted out.
The process is still cumbersome. Joy
@je are you sure they only groaned ? I've seen plan administrators absolutely sch*t over the process.
@je If you have old style annuity contracts with GA, GSRA, RA, GRA money, 403b EE, 403b ER and 401a, as of a couple of years ago there would have been like 4 forms each 12 pages long. It is total BS and one of the reasons why TIAA lags. The distribution process is cumbersome and overkil*l
@je I said “withdraw” not “rollover”. I’d gladly pay the fees and taxes to get my money out of TIAA
@hn shouldn’t be a surprise but TIAA makes it harder than it should be to roll over your 401k. My new employer’s plan administrator literally groaned when I told them I had a 401k from TIAA I wanted to roll over. They’ve had the displeasure of dealing with other TIAA participants in the past for other plans and the experience hasn’t been great.
@h7 this is @c8 … yeah same here. Why I’m glad to take the tiny severance and that I have over 9 months left here. I’m gonna wind up working at Costco or something after Denver closes the doors on me 😒
Don’t worry Temu CEO… I will withdraw my large 401K from TIAA and then my RA once I hit the right age to start withdrawing.
@c8 I have received nothing but rejection letters from other companies despite almost 2 decades or experience
@g6 not the OP but I also left the firm earlier this year. I don’t miss the politics, or the leadership (and their authoritarian tactics) but my small team, and other adjacent teams I worked closely, with were filled with incredibly smart and talented people. I miss those relationships but luckily I get to interact with them regularly from the outside.
Seems to me the company needs to be led from L4 and below, as those are the real MVP’s of the firm. My $.02 anyway.
Left in volutary actions of 2020 after more than a decade of TIAA employment. Got healthy mentally and phyiscally. Was able to look back and see 1) how toxic the culture of TIAA was/is 2) how poorly the entire org is run 3) how TIAA RA/GRA/Traditional/CREF are terrible for clients and 4) why I should have left earlier. The benefits were/are great...but the cost to your soul, your health and ultimately your career outside of TIAA are far greater. Looking back, there is nothing about the leadership of that place that I respect. TIAA has become one big unaccountable mess that at this point exists only to enrich the executives at the top. Leave. Get your mind right and move on to better things.
OP, anything you miss about TIAA?
BYE BYE BYE!!
Happy for you. My time will come soon.
Either before year end or a several months longer. Not sure such a small severance is worth waiting almost 10 months for. This is such a bad job market with most companies making fun of TIAA. Heard a lot being ghosted from other companies recently.
@OP happy for you and so glad u stopped drinking the Thasundra Brown Duckett grape coolaid laced with schit.