Please refer to the contract or certificate for more details, or call 800-842-2252 to speak with an advisor. Note also that your employer's specific retirement plan may have additional rules regarding transfers, income and withdrawals.
TIAA Traditional Annuity is a guaranteed annuity product issued by Teachers Insurance and Annuity Association of America (TIAA), New York, NY and not an investment for federal securities law purposes. All guarantees are based on TIAA's claims-paying ability. Past performance is no guarantee of future results.
TIAA Traditional may not be available under all employer-sponsored retirement plans record kept by TIAA but is available to eligible individuals through a TIAA IRA. Withdrawals prior to age 59 1/2 may be subject to a 10% federal tax penalty, in addition to ordinary income tax.
Annuity contracts contain terms for keeping them in force. Exclusions, restrictions, limitations and reductions in benefits will, in certain situations, apply to annuity contracts. Your financial consultant or advisor can provide you with costs and complete details.