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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 history, 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

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  2. Both are defined-contribution plans, but a 401 (k) is designed to provide supplemental income in retirement and attempts to maximize the funds in it, while a TIAA plan is intended to provide a guaranteed lifetime annual income by annuitizing the money in the plan, making the amount saved less paramount.
    www.investopedia.com/terms/t/tiaa-cref.asp
    Here’s a quick rundown from the website: 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…
     
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  5. Retirement Income, Planning, Investing, and Advice

    WEBAnnuity contracts and certificates are issued by Teachers Insurance and Annuity Association of America (TIAA) and College Retirement Equities Fund (CREF), New York, NY. Each is solely responsible for its own …

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