CREF Variable Annuities

Investment options for every objective

Give your participants more confidence with growth potential and lifetime income from low-cost CREF Annuities.1
What we Offer

Providing your participants with asset allocation building blocks

With eight options covering a broad range of asset classes, your participants can choose what works best for them. 
Select any of the following accounts for more details.
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CREF Stock Account

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CREF Growth Account

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CREF Global Equities Account

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CREF Equity Index Account

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CREF Social Choice Account

Investing my money

CREF Bond Market Account

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CREF Inflation-Linked Bond Account

Managing debt

CREF Money Market Account

Flexible options

Designed to help your participants to and through retirement

Participants can efficiently accumulate assets and make a seamless transition into distribution.
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They can contribute through your retirement plan and have the potential for long-term growth and increased purchasing power to offset inflation and rising costs.
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They can take money out by choosing among flexible income options including testing out monthly payments for up to two years.
Why CREF?

Designed to help create lifetime income

For over 65 years, CREF has enabled millions of employees to save with the potential for long-term returns – and retire with the confidence of income guaranteed to last a lifetime.
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Lifetime Income

Designed to provide monthly income that lasts a lifetime and to help hedge against inflation in retirement.2
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Growth Potential

Professionally managed investment options designed to provide long-term performance and growth potential.3
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Exceptional Value

CREF accounts are available at expenses that are among the lowest in the industry.1
Get in touch

Learn more about our investment management capabilities

Call the Administrator Telephone Center, 888-842-7782, weekdays, 8 a.m. - 8 p.m. (ET)
1 91% of TIAA-CREF mutual funds and CREF annuities have expense ratios below the median in their respective categories. Based on Morningstar Direct (as of June 30, 2021) expense comparisons by category, excluding Money Market products. Actual percentage is 90.5%. TIAA-CREF mutual fund and CREF variable annuity products are subject to various fees and expenses, including but not limited to management, administrative, and distribution fees; our variable annuity products have an additional mortality and expense risk charge. Excludes the class W shares, which are not available for purchase by retail investors.
 
2 Annuity Account options are available through contracts issued by TIAA or CREF. These contracts are designed for retirement or other long-term goals, and offer a variety of income options, including lifetime income. Any guarantees under annuities issued by TIAA are subject to TIAA’s claims-paying ability. Payments from the variable annuity accounts are not guaranteed and will rise and fall based on investment performance.
 
3 After beginning lifetime income, you can transfer among the CREF accounts or into TIAA Traditional and/ or TIAA Real Estate Account, and you can change when your annuity payments are revalued. You can also transfer back to the original account, but you cannot transfer back from TIAA Traditional and/ or TIAA Real Estate Account to the CREF variable accounts. Past performance does not guarantee future results
 
Annuity Account options are available through contracts issued by TIAA or CREF. These contracts are designed for retirement or other long-term goals, and offer a variety of income options, including lifetime income. Any guarantees under annuities issued by TIAA are subject to TIAA’s claims-paying ability. Payments from the variable annuity accounts are not guaranteed and will rise and fall based on investment performance.
 
A variable annuity is an insurance contract and includes underlying investments whose value is tied to market performance. When markets are up, you can capture the gains, but you may also experience losses when markets are down. When you retire, you can choose to receive income for life and/ or other income options.
 
Annuity contracts contain terms for keeping them in force. Exclusions, restrictions, limitations and reductions in benefits will, in certain situations, apply to annuity contracts.
 
You could lose money by investing in the CREF Money Market Account. Because the accumulation unit value of the Account will fluctuate, the value of your investment may increase or decrease. An investment in the Account is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Account’s sponsor has no legal obligation to provide support to the Account, and you should not expect that the sponsor will provide financial support to the Account at any time. 
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