1 As of 12/15/2021, the 5% increase is the largest income increase for standard settlements since 1982.
2 Annuities issued by Teachers Insurance and Annuity Association of America (TIAA), New York, NY.
3 All guarantees are based on TIAA's claims-paying ability. TIAA Traditional is a guaranteed insurance contract and not an investment for federal securities law purposes. Past performance is no guarantee of future results.
4 "Pension-like" income refers to lifetime income made available by guaranteed-interest annuity contracts, not income provided by a defined benefit pension plan. Annuity contracts may be funding options in defined contribution pension plans, but are not themselves pension plans. Annuity contract guarantees are subject to the financial strength of the issuing insurer. Defined benefit pension plans are subject to the financial strength of the employer's pension plan.
5 TIAA may share profits with Traditional Retirement Annuity owners through declared additional amounts of interest and through increases in annuity income throughout retirement. These additional amounts are not guaranteed.
TIAA Traditional is a fixed annuity product issued through these contracts by Teachers Insurance and Annuity Association of America (TIAA), 730 Third Avenue, New York, NY, 10017: Form series 1000.24; G-1000.4 or G-1000.5/G1000.6 or G1000.7; 1200.8; G1250.1; IGRS-01-84-ACC and IGRS-02-ACC; IGRS-CERT2-84-ACC and IGRS-CERT3-ACC; IGRSP-01-84-ACC and IGRSP-02-ACC; IGRSP-CERT2-84-ACC and IGRSP-CERT3-ACC; 6008.8 and 6008.9-ACC; 1000.24-ATRA; 1280.2, 1280.4, or 1280.3 or 1280.5, or G1350. Not all contracts are available in all states or currently issued.
Annuity contracts contain exclusions, limitations, reductions of benefits and may contain terms for keeping them in force. We can provide you with costs and complete details.
The information provided herein is intended for institutional investor use only. It does not constitute an offer or recommendation to buy or sell any product or security.
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.