Money Market
Lifetime Variable Select
After-Tax Annuity
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Investment Objective
The fund seeks high current income consistent with maintaining liquidity and preserving capital.
Portfolio Strategy
The fund invests primarily in high-quality, short-term money market instruments. It limits its investments to securities that present minimal credit risk and are rated in the highest rating categories for short-term instruments. The fund seeks to preserve the value of your investment at $1.00 per share, although there is no guarantee that it will be successful in doing so. The benchmark index for the fund is the iMoneyNet Money Fund Report Average—All Taxable.
portfolio analysis

An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. It is possible to lose money by investing in the Fund.

The holdings information provided above is as of the date indicated, and may not reflect the current holdings of this fund.
C41011

©2009 and prior years, Teachers Insurance and Annuity Association - College Retirement Equities Fund (TIAA-CREF), New York, NY 10017