TIAA Traditional

Grows while you save – no matter what1

Provides guaranteed lifetime income when you retire1


See how our TIAA Traditional fixed annuity* can strengthen your retirement portfolio with a guaranteed rate of return. And in retirement, you can convert your balance into lifetime income to help cover everyday living expenses.1

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

TIAA Traditional rates for existing balances have increased 13% on average through February 20241

Get the details and current rates for new contributions

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I want TIAA Traditional

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I am here for education

Learn how TIAA Traditional works and how it can add financial security as you save and throughout retirement.

I want to begin lifetime income

If you are at or nearing retirement, we can help you start guaranteed lifetime income payments.

Don’t have an employer-sponsored plan?
Click here to see how you can save in TIAA Traditional within an IRA.

How it works

Why TIAA Traditional?

Guaranteed growth no matter the market

Know that your retirement savings are protected and guaranteed to increase every single day—even in the most volatile markets.1

Guaranteed lifetime income you can count on

Turn your savings into guaranteed retirement income that lasts for life to help cover everyday living expenses—or any expenses you choose.1

Opportunity for more growth & income

Benefit from our unique way of sharing profits with the opportunity for higher interest and income—above and beyond our guarantees.2

Looking for something else?

Product details

Learn about the different transfer and withdrawal options available to you based on your employer-sponsored plan.

My Personal Pension

Calculate in just 30 seconds what your guaranteed monthly income for life can be based on 4 simple questions.

*Applies to standard settlement annuitizations. Prorated increases will apply to annuitants receiving lifetime income for less than one year as of January 1, 2023.

1Rates vary by contract. 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. Past performance is no guarantee of future results. The rates TIAA credits are quoted as effective annual rates with interest compounded daily and, once declared, remain in effect during the current declaration year (March 1, 2023 - February 29, 2024). This means that funds applied to TIAA Traditional in the current month will be credited with the indicated effective annual rates until February 29, 2024, and that the rates are subject to change starting March 1, 2024.

2TIAA 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.

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. Converting 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.

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.