No matter where you are in life, CREF is designed to work for you
CREF variable annuities offer specialized options for every investor. By focusing on growth, responsible investing, inflation protection and other strategies, CREF annuities give you the confidence of having retirement income for life.
CREF for all
Feel the benefits at any age
CREF variable annuity accounts can help get you to and through retirement. While you're working, CREF can help maximize your investment and allows you to make adjustments as life changes. When you retire, you can turn CREF into income that suits your need.
Transitioning into retirement
Invest in CREF for diversification1, choice and potential long-term value:
- Choose from 8 options covering a broad range of asset classes, from aggressive equity to conservative money market option
- Invest with your head and your heart through a responsible investing option
- TIAA General Account to achieve Net Zero Carbon by 2050. Read more here.
- Enjoy low costs2 and a potential for long-term returns
Life is always changing and so are your needs and goals:
- Enjoy the freedom and flexibility to move your money among the CREF accounts (or other TIAA investment options) without any penalties or fees
- Know that with the CREF accounts, you're already investing with retirement income as the outcome
Transitioning into retirement
Convert CREF to an income plan that works for you:
- Through CREF's built-in feature, you can turn up to 100% of your investment into variable income you can't outlive
- You can take a lump-sum withdrawal, systematic withdrawals or required minimum distributions instead of lifetime income payments
Potential to stay ahead of inflation and rising costs in retirement:
- You're in control of which CREF accounts provide your lifetime income payments
- Even after you've chosen to receive income payments, you have the flexibility to shift among other CREF or TIAA annuities
- CREF income payments offer growth opportunities to increase your purchasing power; they may decrease as well
Pursue your financial goals, with 8 great investment options
You have the flexibility to choose which CREF accounts you want to invest in, and the ability to change, without penalty.
Select any of the following accounts for more details.
We can help you plan for lifetime income payouts, plus growth potential
With CREF accounts, your investments have the opportunity to benefit from market returns over time and, when you’re ready to retire, you can choose how you want to take income or leave a legacy for others.4
Designed to provide monthly income that lasts a lifetime and to help hedge against inflation in retirement.4
Professionally managed investment options designed to provide long-term performance and growth potential.
CREF accounts are available at expenses that are among the lowest in the industry.2
A new retirement income feature
Take your income for a test drive
Ever wish you could experience the benefits of a variable annuity without the long-term commitments? Now you can! If eligible, you can "test-drive" monthly payments from your CREF or TIAA variable annuity.
We're here to help you