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Roll Money Over to a TIAA-CREF IRA

Why Roll Money Over to an IRA?
Rolling over retirement money held at other financial institutions allows you to consolidate your retirement assets into one TIAA-CREF IRA.

If you or your spouse or domestic partner have traditional IRAs with more than one financial institution, or if you have retirement savings in more than one employer plan, such as 401(k)s, 401(a)s from institutions or private firms for which you have worked, 457(b)s from public employers, and 403(b)s from teaching positions, you can take control of your retirement savings by consolidating your assets into one IRA with TIAA-CREF.1

Advantages of consolidating your assets:

  • Simplified recordkeeping — You receive only one statement.
  • Easy review of your investment strategy — You can see your asset allocation and total accumulation at a glance.
  • A single source of income at retirement — You don't need to manage accounts and income from multiple sources.
TIAA-CREF offers you:
  • Nearly 90 years of experience in helping people save for retirement.
  • Honest, objective advice. Our consultants receive no commissions so you can be sure of getting answers that are in your best interest.2
  • Low costs. TIAA-CREF IRAs come with no fees or maintenance expenses.3 Plus, with our nonprofit heritage, TIAA-CREF keeps operating costs low for its annuities and mutual funds.4  That means more of your money stays working for you.
  • Broad opportunities to diversify over an array of asset classes, such as guaranteed, equity, bond, real estate, and money market
  • Many ways to receive retirement income, such as lump-sum and periodic payments, systematic withdrawals, minimum distributions, and lifetime annuity income
  • No minimum or maximum required amounts for rolling over assets to an IRA
  • Contributions can be made at any time.
Learn more

1 Before transferring assets or replacing an existing annuity, be sure to carefully consider the benefits of both the existing and new product. There will likely be differences in features, costs, surrender charges, services, company strength and other important aspects. There may also be tax consequences associated with certain kinds of transfers of assets. Indirect transfers may be subject to taxation and penalties. Consult with your own advisors regarding your particular situation.

2 Our consultants receive no commissions. They are compensated through a salary plus an incentive program.

3 There is no account fee to own a TIAA-CREF IRA; however, brokerage transaction fees may apply. In addition, investors are subject to the underlying funds' portfolio management fees and expenses. You should evaluate all fees and expenses when making an investment decision.

4 Morningstar Direct (February 2007) based on Morningstar expense comparisons by category.

 IRA annuity contract form series 1280.2 and Roth IRA annuity contract form series 1280.3 are issued by Teachers Insurance and Annuity Association (TIAA), 730 Third Avenue, New York, NY 10017.

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