*Guarantees are subject to the claims-paying ability of the issuer.
**'Paycheck' is the annuity income received in retirement. Guarantees of fixed monthly payments are only associated with TIAA's fixed annuities.*** TIAA may share profits Secure Income Account owners through declared additional amounts of interest and through increases in annuity income throughout retirement. These additional amounts are not guaranteed.
1 Source: LIMRA 3Q4Q 2020 Stable Value and Funding Agreement Product Survey. Based on a survey of 18 insurance companies and 2 banks reporting $760.4 billion in stable value amounts associated with qualified stable value assets. TIAA ranked first in total values.
2As of December 31, 2020. Other benefits from TIAA include: surrender benefits and other withdrawals, death benefits, health insurance and disability insurance benefits, and all other policy proceeds paid.
3For stability, claims-paying ability and overall financial strength, Teachers Insurance and Annuity Association of America (TIAA) is one of only three insurance groups in the United States to currently hold the highest possible rating from three of the four leading insurance company rating agencies: A.M. Best (A++ rating affirmed as of July 2021), Fitch (AAA rating affirmed as of November 2021) and Standard & Poor's (AA+ rating affirmed as of September 2021) and the second-highest possible rating from Moody's Investors Service (Aa1 rating affirmed as of May 2021). There is no guarantee that current ratings will be maintained. Ratings represent a company's ability to meet policyholders' obligations and do not apply to any product or service not fully backed by the issuer's claims-paying ability. The ratings also do not apply to the safety or the performance of the variable accounts or mutual funds, which will fluctuate in value.
4As of September 30, 2021 assets under management across Nuveen Investments affiliates and TIAA investment management teams are $1,331 billion.
This material is for informational or educational purposes only and does not constitute investment advice under ERISA. This material does not take into account any specific objectives or circ*mstances of any particular investor, or suggest any specific course of action. Investment decisions should be made based on the investor's own objectives and circ*mstances.
The TIAA Secure Income Account is subject to certain state insurance department regulatory approvals. The contract has been approved in all states except New York. As a result, information provided within this presentation regarding the features, benefits and availability of this product may be subject to change.
The TIAA Secure Income Account is a guaranteed insurance contract and not an investment for federal securities law purposes. Interest credited to the TIAA Secure Income Account includes a guaranteed rate, plus additional amounts as may be established by the TIAA Board of Trustees. Additional amounts are not guaranteed for periods other than the period for which they are declared. Past performance is no guarantee of future results.
