Employee retirement readiness tops not-for-profit plan sponsors’ concerns

¹ The Lipper Large Fund Award is given to the group with the lowest average decile ranking of three years' Consistent Return for eligible funds over the three-year period ended 11/30/12 (36 fund companies), 11/30/13 (48), 11/30/14 (48), 11/30/15 (37) and 11/30/16 (34) with at least five equity, five bond, or three mixed-asset portfolios. For the Mixed-Assets category, TIAA ranked against 39 and 36 fund families for the three-year period ended 11/30/15 and 11/30/16, respectively. Note these awards pertain to mutual funds within the TIAA-CREF group of mutual funds; other funds distributed by Nuveen Securities were not included. From Thomson Reuters Lipper Awards, © 2017 Thomson Reuters. All rights reserved. Used by permission and protected by the Copyright Laws of the United States. The printing, copying, redistribution, or retransmission of this Content without express written permission is prohibited. Past performance does not guarantee future results. Certain funds have fee waivers in effect. Without such waivers ratings could be lower. For current performance, rankings and prospectuses, please visit the Research and Performance section on TIAA.org. TIAA-CREF Individual & Institutional Services, LLC, Teachers Personal Investors Services, Inc., and Nuveen Securities, LLC, members FINRA and SIPC, distribute securities products. A detailed awards methodology can be found at http://excellence.thomsonreuters.com/award/lipper.

 

² Based on assets under management across Nuveen Investments affiliates and TIAA investment management teams

ⁱ TIAA-CREF Variable Annuities’ prospectus net expense ratios as compared against those of U.S. Variable Annuities Subaccounts in their respective Morningstar Categories.  Source: Morningstar Direct 1/1/16. Excludes accounts with the highest expenses (top 1 percent).

ⁱⁱ TIAA Actuarial: Assumes 30 years of level contributions to TIAA Traditional Annuity as compared to a one time contribution at retirement, Single Life Annuity, age 65. Results are as of July 1, 2015. Our results are based on historical and current crediting and payout interest rates, and under different interest rate scenarios the results will vary. The experience of each investor depends on many factors, including the number of years of participation, varying contribution levels, and the interest rate environment at the time of retirement. Thus, individual experience will vary. These calculations are purely hypothetical and do not illustrate past or projected performance. Past performance is not indicative of future returns. Guarantees subject to the issuing company’s claims-paying ability.