TIAA Traditional was the original investment offered by TIAA when it was founded in 1918 as a retirement provider for teachers and professors. While TIAA has evolved into an enormous financial services company, participants in TIAA’s retirement plan still love the guaranteed rate and safety offered by TIAA Traditional…and, they
TIAA Has historically been a leader in Socially Responsible Investing. Even prior to the inception of CREF Social choice in March of 1990, TIAA was cognizant of the social decisions made which were demanded by their participants. While I worked at TIAA, I functioned as the investment liaison between fund
TIAA invented the variable annuity with the CREF Stock Account in 1952 – a revelation at the time. For almost 40 years, TIAA offered only TIAA Traditional and CREF Stock. In 1988, TIAA opened CREF Money Market, which was followed by CREF Bond Market in 1990 followed by CREF Global
In the mid-eighties, Subway opened in my small hometown offering a fresh, healthy alternative to traditional fast food. My friend and I would ride our bikes two miles, cross a busy highway, and pass multiple other fast food restaurants to get a sandwich. Subway continued to brand their stores as
Many investors remain complacent with their portfolios. This can be due to many factors including restraints on time, knowledge, or a lack of available information. Although I am not an advocate of timing the markets, understanding how your investments work and taking calculated actions can produce a more productive portfolio.
There was a time not too long ago when professors and university employees had one choice for their retirement plan provider – TIAA-CREF. Unlike the private sector, many university employees now have more than one choice to invest their retirement accumulation. Starting around twenty years ago, universities started offering multiple retirement
TIAA Real Estate is a unique account which provides direct ownership interest in commercial real estate. It offers an asset class not widely available to individual investors. The returns of TIAA Real Estate and the corresponding unit values are affected by the value of the underlying commercial properties along with
TIAA and Fidelity offer Wealth Management Advisors (WMAs) to university employees with $500,000 or more in investible assets with their company. Wealth Management Advisors provide a very basic financial plan and peace of mind to their clients in the beginning – best of all, there is no charge. A “Free”
TIAA-CREF offers multiple income options heading into retirement. These decisions include various options from rolling over an accumulation to an IRA to taking a lifetime annuity. When looking at the latter, there are also multiple decisions to be made surrounding lifetime annuity options. After deciding to use a lifetime annuity
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
Financial Planning for employees who work at a university (or hospitals associated with a university) can be complex not only to the employees, but also to financial advisors not used to working with clients in this arena. Navigating through the complexities of this niche market requires the experience of working
University Contributions I have traveled to universities across the United States each with different contribution amounts. I have found college and university contributions can vary widely. The information below provides the contributions of several randomly selected public and private colleges and universities. You will see the organization, followed by the