How we share

TIAA Traditional* shares profits three ways

More than $3 billion a year on average in shared profits over the past 10 years1

More growth

As you save, you can receive interest above the guaranteed rate.1,2


TIAA has credited additional amounts every year since 1948.

Higher payout rates

Long-term contributors have seen initial income 22% higher on average than new contributors.1,3


TIAA has paid more than the guaranteed minimum every year since 1949.

Raises in retirement

TIAA can increase your income payment amounts during your retirement.1


We have increased payments 15 times in the past 25 years.

*Issued by Teachers Insurance and Annuity Association of America (TIAA), New York, NY.

Growth rates beyond the guarantee

Each of our TIAA Traditional contracts grows at a guaranteed rate, but TIAA aims to increase your crediting rate above the guaranteed amount.1


Do you already own TIAA Traditional? Log-in to check your current crediting rate.

Locate your rate in the Crediting Rate column of the table and compare to the Guaranteed Rate column.

Payout rates beyond the guarantee

TIAA Traditional is designed for retirement income. You can convert all or a part of your savings to guaranteed lifetime income.4 The longer you’ve saved in TIAA Traditional, the higher your payout rate may be.1


Have you owned TIAA Traditional for five or more years? Compare your current payout rate to the rate of a new contributor.5

Designed for participants nearing retirement. Locate your payout rate in the Lifetime Annuity row of the tool.

Income raises in retirement

Those who annuitize TIAA Traditional can receive lifetime income increases above their guaranteed income amount.


This year, we increased annuitants’ payments by 5%, the biggest bump in 40 years.6

Ready to save with TIAA Traditional?

Choose between moving money yourself, getting a recommendation and speaking with a financial consultant.

1TIAA may share profits with TIAA Traditional Annuity owners through declared additional amounts of interest during accumulation, higher initial annuity income, and through further increases in annuity income benefits during retirement. These additional amounts are not guaranteed beyond the period for which they were declared.

TIAA Annual Statement, Page 4, Line 30.

2All 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. Past performance is no guarantee of future results.

3Based on a study that compared the amount of initial lifetime income that would have been received by two hypothetical participants beginning lifetime income, for each of the 301 months from January 1, 1996, through January 1, 2021. The two hypothetical participants are age 67 and they select a single-life annuity with a 10-year guarantee period using TIAA's standard payout annuity. The career contributor made level monthly contributions to TIAA Traditional under the Retirement Annuity contract over a 30-year career prior to their retirement date. The new contributor transferred the same final accumulation as the career contributor to TIAA Traditional shortly before selecting lifetime income. Over the study period, the career contributor's initial lifetime income exceeded that of the new contributor in 291 of the 301 retirement months, with an average lifetime income advantage of 14.7%. Their biggest advantage was 29.8% and their smallest advantage was -2.9% (i.e., a disadvantage). Over the study's most recent decade, the career contributor's initial lifetime income exceeded that of the new contributor in all 120 retirement months, with an average lifetime income advantage of 22.5%. Their biggest advantage was 29.8% and their smallest advantage was 12.8%. In the study's most recent month, the career contributor's initial lifetime income exceeded that of the new contributor by 18.9%.

4Converting some or all of your savings to income benefits (referred to as "annuitization") is a permanent decision. Once income benefit payments have begun, you are unable to change to another option.

5Important: The projections or other information generated by the Retirement Income Illustrator regarding the likelihood of various investment outcomes, investment allocations and retirement income are hypothetical in nature, do not reflect actual results and are not guarantees of future results. Results may vary with each use and over time.

6As of 12/15/2021, the 5% increase is the largest income increase for standard settlements since 1982.

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.

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.

Transfers and withdrawals from TIAA Traditional are restricted by its underlying agreements that can affect the liquidity of the product.

This material is for informational or educational purposes only and does not constitute fiduciary investment advice under ERISA, a securities recommendation under all securities laws, or an insurance product recommendation under state insurance laws or regulations. 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.