Tiaa Cref Retirement Plans
Two types of 403 b plans are.
Tiaa cref retirement plans. Assets in the plan are transferable to beneficiaries upon death. This site is meant to only cover highlights of the tiaa benefit. Tax sheltered annuity plan tsa. Even though both tiaa funded plans and typical 401 k plans are based on defined contribution financing there are profound differences between the two.
To roll your old retirement account funds into your new one call tiaa at 1 800 842 2776 to initiate the transfer of funds. Read the tiaa cref individual institutional services llc statement of financial condition. Employee contributions are deducted under a salary reduction agreement. Tiaa cref life insurance company is domiciled in new york ny with its principal place of business in new york ny.
Sipc only protects customers securities and cash held in brokerage accounts. 2018 and prior years teachers insurance and annuity association of america college retirement equities fund new york ny 10017. The detail of the tiaa retirement plan is contained in the official plan document. Annuity contracts and certificates are issued by teachers insurance and annuity association of america tiaa and college retirement equities fund cref new york ny.
In the program on the screen was this distribution from a qualified plan. Teacher s insurance and annuity association and college retirement equities fund tiaa cref. Read the tiaa cref individual institutional services llc statement of financial condition. Annuity contracts and certificates are issued by teachers insurance and annuity association of america tiaa and college retirement equities fund cref new york ny.
Its california certificate of authority number is 6992. Tiaa cref individual institutional services llc member finra and sipc distributes securities products. Tiaa cref individual institutional services llc member finra and sipc distributes securities products. Please see the tiaa retirement plan contribution form for contribution options.
Taxes on the portion of salary used to make contributions are deferred until the employee begins receiving benefits at retirement. The typical 401 k plan has fundamental flaws when evaluated as a vehicle for providing retirement income security. Tiaa cref individual institutional services llc member finra and sipc distributes securities products. Read the getting to know tiaa s individual financial solutions and its financial professionals brochure.
Sipc only protects customers securities and cash held in brokerage accounts. Your tiaa 403 b is 100 vested. You will select from a qualified plan. Annuity contracts and certificates are issued by teachers insurance and annuity association of america tiaa and college retirement equities fund cref new york ny.
A number of academics with tiaa cref are even unaware that it is a 401 k type plan thinking that the growing criticisms of 401 k s don t apply to their situation. I wrote that tiaa cref the retirement plan of many university professors and administrators as well as others has escaped much of the increasing criticism of 401 k type plans.