This website is intended for institutional retirement plan sponsors and their consultants, registered investment advisers, and other related businesses. If you are looking for individual services, please visit

Help your employees build retirement savings

The simplicity of an all-in-one solution is appealing to retirement investors.

Competitive fees

Fees are among the lowest for actively managed target date funds, and fees for the TIAA-CREF Lifecycle Index Funds rank in the bottom 6% across all target date funds.1

High ratings

All the active TIAA-CREF Lifecycle Funds and the active TIAA-CREF Lifecycle Index Funds received an overall Morningstar rating of 4- or 5- stars, based on risk-adjusted returns as of 11/30/2023.2

Extensive experience

We have been managing asset allocation portfolios for more than 60 years.


Why Lifecycle Funds

Watch video Watch video Watch video on Lifecycle Funds
Why Lifecycle Index Funds
Watch video Watch video Watch video on Lifecycle Index Funds
Key differentiators

TIAA's unique glidepath

Our through-retirement glidepath incorporates the growing life expectancy of the U.S. population in an effort to strategically balance market risk with longevity and inflation risk.

TIAA-CREF Lifecycle Funds are the only target date mutual funds to provide direct exposure to commercial real estate3, helping to improve risk-adjusted returns and diversification, as well as reduce volatility.


Engage employees and manage your plan more effectively

TIAA-CREF Lifecycle Funds: Even a little can mean a lot

TIAA-CREF Lifecycle Index Funds: Even a little can mean a lot


We're here to help.

Contact your TIAA relationship manager or call the administrator telephone center at

1 Source: Morningstar Direct, November 30, 2023 institutional share class. Note: The Lifecycle Retirement Income ranks in the 8th percentile and the Lifecycle Index Retirement Income ranks in the 1st percentile.

2 Morningstar ratings refer to institutional share class only. Morning ratings based on the lowest cost share class for each mutual fund, based on U.S. open end mutual funds. For a fund with multiple share classes and the same pricing, the share class with the longest performance history is used. Morningstar ratings may be higher or lower on a monthly basis. Morningstar is an independent service that rates mutual funds. The top 10% of funds in an investment category receive five stars, the next 22.5% receive four stars and the next 35% receive three stars. Morningstar proprietary ratings reflect historical risk-adjusted performance and can change every month. They are calculated from the fund’s three-, five- and ten-year average annual returns in excess of 90-day Treasury bill returns with appropriate fee adjustments, and a risk factor that reflects fund performance below 90-day T-bill returns. The overall star ratings are Morningstar’s published ratings, which are weighted averages of its three-, five- and ten-year ratings for periods ended September 30, 2022. Past performance does not predict or guarantee future results. For current performance and rankings, please visit

Diversification is a technique to help reduce risk. However, there is no guarantee that diversification will protect against a loss of income.

As with all mutual funds, the principal value of a lifecycle fund isn't guaranteed at any time and will fluctuate with market changes. The target date approximates when investors may plan to start making withdrawals. However, you are not required to withdraw the funds at that target date. After the target date has been reached, some of your money may be merged into a fund with a more stable asset allocation.

Lifecycle funds share the risks associated with the types of securities held by each of the underlying funds in which they invest. In addition to the fees and expenses associated with the lifecycle funds, there is exposure to the fees and expenses associated with the underlying mutual funds.

3 Source: Morningstar Target-Date Fund Series report, as of September 30, 2023. This direct real estate exposure is obtained via the Real Property Fund, LP, a purpose-built vehicle for the Lifecycle series. Note that some target-date Collective Investment Trusts include an allocation to direct held commercial real estate.

This material is for informational or educational purposes only and does not constitute investment advice under ERISA. This material does not take into account any specific objectives or circumstances of any particular investor, or suggest any specific course of action. Investment decisions should be made based on the investor's own objectives and circumstances.