TIAA serves over 5 million active and retired employees participating at more than 15,000 institutions and has $1 trillion in combined assets under management with holdings in more than 50 countries (as of 31 December 2017).

How do I withdraw money from my TIAA 403b?

You can withdraw funds at any time. Log into TIAA.org, then use the SUPPORT menu to choose TRANSACTIONS & INFORMATION. You can find your withdrawal request options in this section.

Is TIAA-CREF a 401k or 403b?

Plans funded with TIAA-CREF annuities and 401(k) plans are both based on the fundamental principle of defined contribution financing. There are other forms of DC plans, such as 403(b)’s and ESOP’s, but in the for-profit sector, the 401(k) model is the dominant DC plan.

Is TIAA CREF a good retirement plan?

“Yet TIAA-CREF participants fare no better in retirement income than 401(k)-type plan participants with other financial services industry companies such as ING, Vanguard, and Valic. That in turn means that they fare much worse than employees with traditional defined benefit pension plans.”

Who are the issuers of TIAA annuity certificates?

TIAA-CREF Individual & Institutional Services, LLC and Nuveen Securities, LLC, members FINRA and SIPC , distribute securities products. Annuity contracts and certificates are issued by Teachers Insurance and Annuity Association of America (TIAA) and College Retirement Equities Fund (CREF), New York, NY.

Is it easy to enroll in TIAA retirement plan?

If your plan offers TIAA annuities, you can start saving now for steady income in retirement. It’s easy to enroll in your employer’s retirement plan. Already enrolled? Register for online access and see what’s next. We’re here to help. Maxed out your employer plan?

Who is responsible for the TIAA secure account?

Each is solely responsible for its own financial condition and contractual obligations. TIAA Brokerage, a division of TIAA-CREF Individual & Institutional Services, LLC, Member FINRA and SIPC , distributes securities. Brokerage accounts are carried by Pershing, LLC, a subsidiary of The Bank of New York Mellon Corporation, Member FINRA, NYSE, SIPC.

Is the Retirement Income Journal a TIAA publication?

A formal response to RIJ from a TIAA spokesperson can be found at the end of the article. (Full disclosure: TIAA is a group subscriber to Retirement Income Journal. My spouse is a TIAA plan participant, and we’ve received financial advice from a TIAA advisor.)