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1893661 Why TIAA Traditional - New Transfers Video
[music playing]
(Off-camera host)
For more than 100 years TIAA Traditional has been helping people like you build a more secure future by providing guaranteed growth on your retirement savings throughout your working years.
And when you're ready to retire, TIAA Traditional can provide guaranteed income for the rest of your life similar to Social Security.
The difference is that you own your TIAA Traditional and you'll have choices for how you want your income to be paid.
Your TIAA Traditional annuity is designed to be part of a long-term plan for retirement that includes a diverse mix of options, each with its own job to do.
The job of TIAA Traditional is to protect a portion of your savings now so you can have income later that never runs out.
Unlike investments tied to the ups and downs of the markets, TIAA Traditional provides a guaranteed rate of growth as you save so your balance will keep increasing no matter what.
With a typical long-term plan, the amount you save in guaranteed assets like TIAA Traditional would gradually increase throughout your working years to help protect more of your savings as you get closer to retirement.
When you're ready to retire, you can turn all or some of your TIAA Traditional balance into pension-like income that lasts for the rest of your life to help you cover everyday living expenses like housing, food and utilities.
And perhaps best of all, because of our not-for-profit heritage, TIAA seeks to share our profits back with participants like you.
This can mean additional growth beyond the guaranteed rate while you're saving as well as additional income in retirement.
And the longer you've contributed to TIAA Traditional, the higher your income may be.
While these amounts are not guaranteed, TIAA Traditional has paid customers more than the guaranteed minimum amount every year since 1949.
We're glad you're part of the TIAA Traditional family and are here to help whenever you need us.
[music ends]
[music playing]
(Off-camera host)
For more than 100 years TIAA Traditional has been helping people like you build a more secure future by providing guaranteed growth on your retirement savings throughout your working years.
And when you're ready to retire, TIAA Traditional can provide guaranteed income for the rest of your life similar to Social Security.
The difference is that you own your TIAA Traditional and you'll have choices for how you want your income to be paid.
Your TIAA Traditional annuity is designed to be part of a long-term plan for retirement that includes a diverse mix of options, each with its own job to do.
The job of TIAA Traditional is to protect a portion of your savings now so you can have income later that never runs out.
Unlike investments tied to the ups and downs of the markets, TIAA Traditional provides a guaranteed rate of growth as you save so your balance will keep increasing no matter what.
With a typical long-term plan, the amount you save in guaranteed assets like TIAA Traditional would gradually increase throughout your working years to help protect more of your savings as you get closer to retirement.
When you're ready to retire, you can turn all or some of your TIAA Traditional balance into pension-like income that lasts for the rest of your life to help you cover everyday living expenses like housing, food and utilities.
And perhaps best of all, because of our not-for-profit heritage, TIAA seeks to share our profits back with participants like you.
This can mean additional growth beyond the guaranteed rate while you're saving as well as additional income in retirement.
And the longer you've contributed to TIAA Traditional, the higher your income may be.
While these amounts are not guaranteed, TIAA Traditional has paid customers more than the guaranteed minimum amount every year since 1949.
We're glad you're part of the TIAA Traditional family and are here to help whenever you need us.
[music ends]