TIAA stable value*
Guaranteed growth. Income for life.
You deserve a secure retirement. TIAA Stable Value is a fixed annuity that is guaranteed to grow every day while you save and can provide monthly retirement checks for life.1-3
*Fixed annuities are issued by Teachers Insurance and Annuity Association of America (TIAA), New York, NY.
What is TIAA Stable Value?
TIAA Stable Value is a fixed annuity (not a stable value fund). An annuity is a financial product issued by an insurance company that provides regular payments over time, usually in retirement. As a fixed annuity, TIAA Stable Value guarantees a minimum rate of interest while you save and, if you choose lifetime income, guarantees regular payments at or above a set amount. TIAA Stable Value is offered exclusively in employee retirement plans.
Overview
Create more retirement security with TIAA Stable Value.
Guaranteed growth
While you’re saving, the money you put into TIAA Stable Value grows every day, no matter what the market does.2
Access your money anytime
TIAA Stable Value is fully liquid while you’re saving, so you can access your money whenever you need it.3
Guaranteed Income for life
When you’re ready, you can turn a portion or all of your TIAA Stable Value savings into monthly retirement checks that will last for as long as you live.2,4
Compare
Compare TIAA’s fixed annuities.
Some employer retirement plans offer more than one fixed annuity option so you can choose the one that fits you best.
TIAA Stable Value |
TIAA Traditional |
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Grows as you save no matter what2 |
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Guaranteed retirement checks that last as long as you live2 |
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Access your money at any time while saving3 |
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Varies by contract |
Opportunity to receive the TIAA Loyalty BonusSM during retirement5 |
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Opportunity for raises in retirement |
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Next steps
Ready to take action on your retirement today?
Exchange
Swap one or more of your current investments for TIAA Stable Value.
Choose future investments
Keep what you have now and add TIAA Stable Value for incoming money only.
Rebalance
If you have money invested, realign your entire portfolio by investment type or category. Rebalancing does not protect against loss or guarantee that an investor’s goals will be met.
Activate retirement checks
If you’re at or nearing retirement, connect with one of our retirement income specialists to learn how to turn on lifetime income payments.
If you’re retiring in the next 12 months call 888-380-6424. If you’re retiring in more than 12 months call 800-842-2252. We’re here weekdays, 8 a.m. to 10 p.m. ET.
What people ask us.
How does the guaranteed growth work?
A fixed annuity like TIAA Stable Value has two phases—the accumulation phase while you’re working and saving, and the income phase when you retire. During the accumulation phase, you can save a portion of your retirement money in TIAA Stable Value if your employer has made it available in your workplace plan.
When you contribute to TIAA Stable Value, you’ll be paid a competitive interest rate that will never go below the guaranteed minimum rate in your contract (before contract fees are deducted). Even in the most volatile economic environments, you’ll never lose the value of the principal you contribute. In fact, your principal and earnings will grow every day—guaranteed.2
An annuity can provide guarantees because it is a form of an insurance contract. Like all insurance products, the ability to satisfy guarantees is subject to what is referred to as the “claims-paying ability” of the insurance company that issues the contract. TIAA Stable Value is a fixed annuity product backed by the claims-paying ability of Teachers Insurance and Annuity Association of America (TIAA). It guarantees your principal and a contractually specified minimum interest rate.
TIAA is one of only three insurance groups in the United States to currently hold the highest possible rating from three of the four leading insurance company rating agencies for its stability, claims-paying ability and overall financial strength.7
Is TIAA Stable Value an annuity?
Yes, TIAA Stable Value is a fixed annuity offered by TIAA.
Why doesn’t TIAA Stable Value offer as high of an interest rate as some versions of TIAA Traditional?
TIAA Traditional contracts can be categorized as having full liquidity or delayed liquidity, while TIAA Stable Value is fully liquid. As a plan participant, you may have access to one or both contract types. Contracts with delayed liquidity historically provide higher returns than our fully liquid contracts in exchange for some limitations on transfers and withdrawals before converting to lifetime income. Fully liquid contracts allow you to freely move money in and out as desired before converting to retirement checks in exchange for a slightly lower interest rate as you save for retirement.
A new way to learn about retirement annuities.
TIAA has created a brand-new digital experience to help you understand retirement annuities, including how they work, the difference between fixed and variable and how they can offer assurance that you’ll have money coming in for as long as you live.
We’re here to help.
Give us a call at 800-732-8353, weekdays, 8 a.m. – 8 p.m. (ET) or schedule an appointment.
1 Annuity contracts are issued by Teachers Insurance and Annuity Association of America.
2 Any guarantees under annuities issued by TIAA are subject to TIAA's claims-paying ability. TIAA Stable Value is a guaranteed insurance contract and not an investment for federal securities law purposes. Although the liability to provide contract guarantees and accumulations is backed by the assets in the separate account, any amount to be credited above the minimum guaranteed rate is determined by TIAA. This additional amount is not guaranteed other than during the period that it is declared by the Board. Contract holders and plan participants do not participate in, and do not receive the earnings of, the assets in the separate account. Past interest rates are not indicative of future interest rates.
3 Subject to plan rules. If your plan offers investment options known as “competing funds” (for example, a money market account, short-term bond funds or self-directed brokerage accounts) and you want to transfer money from TIAA Stable Value to one of those options, the amount you transfer must first be directed to a noncompeting option (for example, a stock fund or long-term bond fund), where it must remain for 90 days before being transferred to the competing fund. In addition, to minimize the negative effects of frequent trading, transfers into TIAA Stable Value may not be made for 30 days following a transfer out.
4 Converting some or all of your savings to income benefits is an irrevocable decision once benefit payments begin.
5 Lifetime income payments from TIAA Traditional may include a TIAA Loyalty BonusSM which is discretionary and determined annually.
6 For its stability, claims-paying ability and overall financial strength, Teachers Insurance and Annuity Association of America (TIAA) is one of only three insurance groups in the United States to currently hold the highest rating available to U.S. insurers from three of the four leading insurance company rating agencies: A.M. Best (A++ as of July 2024), Fitch (AAA as of August 2024) and S&P Global Ratings (AA+ as of May 2024), and the second highest possible rating from Moody’s Investors Service (Aa1 as of September 2023). There is no guarantee that current ratings will be maintained.
Before consolidating assets, be sure to carefully consider the benefits of both the existing and new product. There will likely be differences in features, costs, surrender charges, services, company strength and other important aspects. There may also be tax consequences or other penalties associated with the transfer of assets. Indirect transfers may be subject to taxation and penalties. Speak with a TIAA consultant and your tax advisor regarding your situation.
Contract Forms: TIAA Stable Value TIAA Contract form series – SV-01 and SV-02, TIAA Certificate series – SV-CERT1 and SV-CERT2. TIAA Traditional form series including but not limited to: 1000.24; G-1000.4; IGRS-01-84-ACC; IGRSP-01-84-ACC; 6008.8. Not all contracts are available in all states or currently issued.
Contributions from different plans are pooled together and deposited in a non-unitized pooled separate account of TIAA. This guaranteed annuity contract is not considered an "investment" or "security" under federal securities laws. In addition, the contract provides a guaranteed minimum rate of interest of between 1% and 3% (before deductions for contract fees).
Contract fees are described in the annuity contract and are collected on a daily basis. Payment obligations and the fulfillment of the guarantees provided for in the contract in the accumulation phase are supported by the assets in the separate account. If the assets in the separate account are insufficient to meet these obligations, the shortfall is supported by the General Account of TIAA and is therefore subject to TIAA's claims-paying ability. Lifetime annuity payments are provided by TIAA, are subject to TIAA's claims-paying ability, and are not supported by the assets in the separate account.
Past interest rates are not indicative of future interest rates. This product is not a mutual fund, variable annuity or bank product. The obligations of TIAA are not insured by the FDIC or any other federal governmental agency.
As provided for in the annuity contract, restrictions may apply to certain plan sponsor- and/or participant-initiated transactions. Please refer to the annuity contract or certificate for further details.
Annuity contracts contain exclusions, limitations, reductions of benefits and may contain terms for keeping them in force. Your financial consultant or advisor can provide you with costs and complete details.
This material is for informational or educational purposes only and is not fiduciary investment advice, or a securities, investment strategy, or insurance product recommendation. This material does not consider an individual’s own objectives or circumstances which should be the basis of any investment decision.