Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What happens to my current investments if the CSU stops offering the funds in which I’m currently invested?

April 26, 2017CSU Currently funds happens I’m invested investments offering Stops

0

Posted

What happens to my current investments if the CSU stops offering the funds in which I’m currently invested?

1 Answer

0

Posted

Any money that you currently have invested in investment products offered through the TSA Program will remain invested in those products after January 1, 2009, even if those products aren’t offered by the TSA Program going forward. However, you’ll still be able to change investments within the products offered by your current vendor after January 1, 2009. If you take action during the special enrollment period (October 2008 – November 2008), you’ll also be able to transfer the money you’ve invested in those products through the TSA Program to the new products that will be offered when the restructured TSA Program takes effect. In addition, you’ll be able to transfer your investments to the new funds at any time after that, based on your personal situation. Once you’ve transferred any prior investments to the new funds, you will not be able to transfer back to the closed funds. However, you’ll be able to transfer among any of the new funds at any time.