Retirement Planning

The Retirement Program is Changing and Improving

The Hospitals believe the retirement program is an important part of your financial future, 
so the Retirement Committee regularly reviews the program to make sure it continues to provide you with the best possible benefits, investment options and services. That’s why, on September 1, 2011, the Stanford Hospital & Clinics and Lucile Packard Children’s Hospital retirement program is moving to a new service provider: Diversified. In addition, the Stanford Hospital & Clinics Retirement Committee has approved a revised investment lineup for the Retirement Plan (RP) and Tax Deferred Annuity Plan (TDA).

Once the transition to Diversified is complete, you will go to Diversified for many of your retirement planning needs, depending on whom you contribute with today. If you currently have a Fidelity account, you will go to Diversified to change how much you contribute, review your account and make other changes. If you maintain a TIAA-CREF account or invest in TIAA-CREF funds, you’ll be able to go to Diversified to invest in the new fund lineup at Diversified and make changes to how much you contribute to Diversified or TIAA-CREF. You will continue to work with TIAA-CREF to monitor and make changes to your TIAA-CREF investment.

Signing into your Diversified account for the first time

Once the blackout period is over, visit shclpch.divinvest.com and click on “New to the plan?” in the upper-left corner of the screen to get started. You’ll then be asked to enter your Social Security number to validate your identity and create a user ID and password. Once you sign in, we encourage you to review your account and make any changes you think are necessary. 

Some accounts may transfer to Diversified needing additional information. If your account information isn’t complete, the first time you sign in at Diversified you’ll be walked through an account summary page to confirm some details. Click on “Begin Your Plan of a Lifetime!” to review and complete the following information:

• Your personal information.
• Your current contribution amount.
• Whether your contribution is going to Diversified and/or TIAA-CREF.
• How your account at Diversified is invested.
• The beneficiary for your Diversified account.

Fidelity Accounts

Once the transition to Diversified is complete, you will go to Diversified for many of your retirement planning needs, depending on whom you contribute with today. If you currently have a Fidelity account, you will go to Diversified to change how much you contribute, review your account and make other changes. If you maintain a TIAA-CREF account or invest in TIAA-CREF funds, you’ll be able to go to Diversified to invest in the new fund lineup at Diversified and make changes to how much you contribute to Diversified or TIAA-CREF. You will continue to work with TIAA-CREF to monitor and make changes to your TIAA-CREF investments.

TIAA-CREF accounts

Accounts that are currently at TIAA-CREF will remain at TIAA-CREF.