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  1. TIAA: Definition, History, and Retirement Products

    • TIAA is a financial organization that provides investment and insurance services for nonprofit workers. Learn about its origins, acquisitions, products, and how it differs from a 401 (k) plan.… See more

    What Is The Teachers Insurance Annuity Association (Tiaa)?

    The Teachers Insurance and Annuity Association (TIAA) is a financial organization that provides investment and insurance services for those working for organizatio… See more

    Investopedia
    Understanding The Teachers Insurance Annuity Association

    TIAA was founded as a nonprofit, which is still part of its charter. However, Congress revoked its tax-exempt status in the Taxpayer Relief Act of 1997. It is now structured … See more

    Investopedia
    Adding The College Retirement Equities Fund

    While the creation of TIAA in 1918 as a means of providing guaranteed lifetime income and insurance was a groundbreaking new resource for teachers and educat… See more

    Investopedia
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  2. 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…
     
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    WEBFeb 7, 2020 · In 1952, in response to investors growing bored with the steady, stable returns from their annuities, TIAA created the world’s first variable annuity, dubbed the College Retirement Equity Fund (CREF). …

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