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  2. A guaranteed annuity backed by TIAA’s claims-paying ability, TIAA Traditional guarantees your principal and a minimum interest rate, plus it offers the opportunity for additional amounts in excess of the guaranteed rate. TIAA has credited additional amounts of interest every year since 1948.
    www.mymoneyblog.com/dads-retirement-plan-lear…
    For Retirement Annuity (RA) contracts, TIAA Traditional guarantees your principal and a 3% minimum annual interest rate for all premiums remitted since 1979. The account also offers the opportunity for additional amounts in excess of the guaranteed rate.
    fluenttech.tiaa.org/pdf/factsheet/878094101-TIAAP.…
    The TIAA-CREF Traditional plan can be funded with either fixed or variable annuities, and its emphasis is on providing lifetime income at retirement rather than tax-exempt wealth accumulation.
    www.investopedia.com/terms/t/tiaa-cref.asp
     
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    WEBOn its website, TIAA describes its Traditional Annuity as a guaranteed annuity that is designed to be a core component of a diversified retirement savings portfolio that can provide you with a solid foundation for retirement.

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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

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