Fees can be found everywhere nowadays - from ordering something online to your carry-on suitcase. They can even be found in your retirement plan. Luckily, University of Colorado employees enrolled in the CU 401(a) plan receive a discount on these fees compared to buying the same investments independently.

For CU 401(a) participants, there are two kinds of retirement plan fees:

Administrative fees, listed as the gross expense ratio, covers the cost of managing individual investments. Costs differ between each asset.

The Plan Servicing Fee covers recordkeeping costs and services like online access, call center support and statements.

Curious about what these fees may mean to you? Learn more by watching TIAA's short video for a quick summary.

As a CU employee, you can meet with a TIAA professional one-on-one for no additional cost to discuss an investment strategy that best meets your needs, along with any questions you have about fees. Not a TIAA account holder? You can still meet with a representative for free to learn more about available retirement accounts and services.

To schedule a session:

• Check the Employee Services events calendar to see when consultants will be on your campus.
• Call 1-800-732-8353 or visit www.tiaa.org/schedulenow to meet at a TIAA office in Denver and Boulder.