CREF (College Retirement Equities Fund)

CREF, or College Retirement Equities Fund, is a retirement investment option designed mainly for higher education institutions' employees. It allows participants to invest in a mix of assets, including stocks and bonds, to grow their retirement savings over time. CREF offers various investment accounts, each with different strategies and risks, giving individuals flexibility in managing their portfolios. It is known for its focus on long-term growth and is regulated to ensure transparency and accountability. Overall, CREF helps employees save for retirement while providing access to diverse investment opportunities.