The Los Angeles County Sanitation District (LACSD) has chosen TIAA as the recordkeeper for its 457(b) retirement plan.
The decision came as a result of a periodic review of LACSD's retirement plan, for which it solicited proposals from a number of recordkeepers. TIAA was selected to be the sole recordkeeper for the plan because of the high ranking for customer service given by LACSD's consultant and the low cost of its recordkeeping offering.
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