Big Changes in CREF: Higher Fees and More Decisions
TIAA-CREF recently announced a change to the expense structure of the CREF variable annuities. Since the inception of CREF Stock in 1952, TIAA-CREF has had a single class low-cost structure for all CREF variable annuities. Beginning April 24, TIAA-CREF is expanding each variable annuity from one class to three classes