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.
Any guarantees under annuities issued by TIAA are subject to TIAA’s claims-paying ability.
Paycheck refers to the annuity income received in retirement. Guarantees of fixed monthly payments are only associated with TIAA's fixed annuities.