Why an After-Tax Annuity from TIAA-CREF Life Insurance Company
At TIAA-CREF Life Insurance Company (TIAA-CREF Life), a wholly owned subsidiary of Teachers Insurance and Annuity Association of America (TIAA), we’ve always been committed to helping investors live the life they want in retirement.
The TIAA-CREF Life Difference
- Competitive interest rates and high ratings
The guaranteed interest rates in TIAA-CREF Investment Horizon Annuity1 and Single Premium Income Annuities are backed by TIAA-CREF Life Insurance Company, a member of one of only three insurance groups in the United States to hold the highest ratings currently awarded from all four leading independent insurance industry ratings agencies. These ratings are based upon TIAA-CREF Life's relationship with its parent, TIAA.Highest Possible Ratings from these Independent Analysts
Industry Analyst
Rating*
Date A.M. Best Company
A++ (Superior)
as of 7/11 Fitch Ratings
AAA
as of 11/11 Moody's Investors Service
Aaa
as of 12/11 Standard & Poor's
AA+
as of 8/11 *
These ratings are for TIAA as an insurance company and do not apply to variable annuities, mutual funds or any other product or service not fully backed by the claims-paying ability of TIAA. Ratings are subject to change. There is no guarantee that current ratings will be maintained. Per S&P criteria, the downgrade of US long-term government debt limits the highest rating of U.S. insurers to AA+ (the second highest rating available). There is no guarantee that current ratings will be maintained. Ratings represent a company’s ability to meet policyholders’ obligations and claims and do not apply to variable annuities, mutual funds or any other product or service not fully backed by TIAA-CREF Life’s claims-paying ability.
- Low fees and no surrender charges
Our variable deferred annuity, Intelligent Variable Annuity, offers low annuity fees2 and no surrender charges so that more of your money can go to accumulating for your retirement.
- Breadth of investment options
Our Intelligent Variable Annuity offers 47 investments choices, so you can manage your annuity according to your unique investment style, time horizon and tolerance for risk. Please keep in mind that there are risks associated with investing in securities including loss of principal.
- Performance
View our rates and performance.
- IMSA Membership
We are a proud member of the Insurance Marketplace Standards Association (IMSA). Why is that important?
1 Not available in all states.
2 TIAA-CREF Life's Intelligent Variable Annuity's maximum annual annuity expense charge ranges from 0.45% to 0.70%. If the GMDB is selected, the maximum expense charge ranges from 0.55% to 0.80%. According to Morningstar, the average annual annuity expense charge is 1.34% for all variable annuity subaccounts in Morningstar Direct as of 10/24/2008. © 2008 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
The TIAA-CREF Investment Horizon Annuity (contract form series TCL-MVA1), Intelligent Variable Annuity (contract form series TCL-VA2) and Single Premium Immediate Annuities (contract form series TCL-1009, TCL-1033, TCL-901) are issued by TIAA-CREF Life Insurance Company (TIAA-CREF Life), 730 Third Ave., New York, NY 10017.
