¹ There are no guarantees that TIAA will share profits with participants in the future.

² Teachers Insurance and Annuity Association of America, New York, NY.

³ Guaranteed future value assumes that the dollar amount invested was left to earn the guaranteed interest rate for the time period specified, and that no withdrawals were taken during that time frame.

These scenarios are based on a hypothetical rate of return and are not intended to represent the performance of any specific investment product. They cannot predict or project investment returns. Charges, taxes, and expenses that would be associated with an actual investment, and which would reduce performance, are not reflected. Actual returns will vary.

View current credit rates.

Certain products and services are only available to eligible individuals.

Any guarantees under annuities issued by Teachers Insurance and Annuity Association of America (TIAA) are subject to TIAA's claims-paying ability.

Interest credited to TIAA Traditional Annuity accumulations includes a guaranteed rate, plus additional amounts as may be established on a year-by-year basis by the TIAA Board of Trustees. The additional amounts, if and when declared, remain in effect through the "declaration year," which begins each March 1 for accumulating annuities, and January 1 for payout annuities. Additional amounts are not guaranteed for periods other than the period for which they are declared. 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.

TIAA Traditional may not be available under all employer-sponsored retirement plans recordkept by TIAA, but is available to eligible individuals through a TIAA IRA. The terms of TIAA Traditional differ between contract forms. Some contracts allow for full withdrawals and transfers. Other contracts only permit withdrawals and/or transfers to be paid in multiyear installments and certain withdrawals may be subject to a surrender charge. Review your contract, certificate, or other product literature, or contact TIAA for complete details. When TIAA Traditional Annuity is made available within an employer-sponsored retirement plan, income and withdrawal options are subject to the terms of the employer plan. Withdrawals prior to age 59½ may be subject to a 10% federal tax penalty.

Earnings and pretax contributions in the TIAA Traditional annuity are tax deferred until withdrawn or converted to income, at that time the amount received is taxable.

Annuities are designed for retirement and other long-term goals. When you contribute to an annuity, your money must remain in it until you reach 59½. If you make a withdrawal before then, the money will be taxed as ordinary income and you may be subject to an additional 10% early withdrawal penalty. Annuities offer several payment options, including lifetime income.

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.

TIAA Traditional is issued by Teachers Insurance and Annuity Association of America.

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.