Teachers Insurance and Annuity Association, better known as TIAA was founded almost 100 years ago (1918). TIAA provides retirement plan solutions for a majority of the higher education institutions in the United States. One type of investment, called the TIAA Traditional Annuity, is a unique fixed income investment option that is available in TIAA 403(b) plans and cannot be purchased on the open market.
TIAA Traditional Annuity Basics
What are TIAA Traditional Restrictions?
What is the Current Fixed Income Environment?
What are the Planning Considerations for TIAA Traditional Funds?
As you can see, the TIAA Traditional Annuity option in university 403(b) accounts provides a unique planning opportunity in today’s interest rate environment. If you have this option available to you through you TIAA 403(b), it may be worth utilizing. However, please remember that it is important to weigh the pros and cons of this option to determine if it makes sense to be considered as part of an overall investment and financial planning strategy.
Other articles filed under Investing
October 16, 2018
Interest rates are rising, and yet you may not be earning much on your cash. As financial markets finally begin to reflect a recovery from the crisis of 2008-09, the brokerage industry is changing the way they handle customers’ cash,...
October 12, 2018
We had several clients this year reach out to ask how bonds were performing in their portfolios. These are great questions, so we created a few items to address what you see in your statements. Some people notice they have...
October 9, 2018
“Give, but give until it hurts.” - Mother Teresa - I don’t think Mother Teresa paid much attention to the tax code, but her quote is unusually prescient for 2018 taxpayers. The changes have made it unlikely to get...
September 20, 2018
How does/and how much does your advisor get paid? Fees matter. It is important to know how much you are paying and the value you receive for that payment. If you're paying 1% or more for only investment management with no...
August 16, 2018
While you should think about retirement planning as early as possible, the five years leading up to retirement are critical. If you believe you are 5 years or less away from retirement, now is the time to seriously take a...