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- TIAA-CREF, now known as TIAA, is a leading provider of a broad range of financial services for people from all walks and stages of life12. It specializes in addressing the financial needs of people working in the academic, medical, cultural, and research arenas12. TIAA is the main retirement provider for people who work in these fields2. TIAA-CREF system combines a DC structure during the savings-accumulation phase, a DB structure during retirement, and a co-operative pension structure that distributes to participants all assets net of operating costs3. CREF is designed to be paired with TIAA Traditional, a fixed annuity that allows participants to create a diversified retirement income strategy4.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.TIAA-CREF, currently TIAA, is a leading provider of a broad range of financial services for people from all walks and stages of life. This well-known firm specializes in addressing the financial needs of people working in the academic, medical, cultural, and research arenas.www.advisoryhq.com/articles/tiaa-cref-review/TIAA, formerly known as TIAA-CREF (Teachers Insurance and Annuity Association – College Retirement Equities Fund), is a financial services organization that is the main retirement provider for people who work in the academic, research, medical, and cultural fields.www.bogleheads.org/wiki/TIAA
The TIAA-CREF system fits this description, combining a DC structure during the savings-accumulation phase, a DB structure during retirement, and, for people who participate in the fixed annuity component over their working and retired lives, a co-operative pension structure that distributes to participants all assets net of operating costs and can provide significant income advantages in retirement compared to other plan...
www.tiaa.org/content/dam/tiaa/institute/pdf/executi…CREF is designed to be paired with TIAA Traditional, a fixed annuity that allows participants to create a diversified retirement income strategy that meets their individual retirement-income needs. A fixed annuity can provide a reliable income floor to pay for essential expenses and supplement other guaranteed income sources, like Social Security.www.prnewswire.com/news-releases/as-the-first-v… - People also ask
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WEB1 Annuity Account options are available through contracts issued by TIAA or CREF. These contracts are designed for retirement or other long-term goals, and offer a variety of income options, including lifetime income.
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