A low-cost1 variable deferred annuity that can help you catch up on your retirement savings.
Keep in mind that there are always inherent risks associated with investing in securities. As with all securities, your accumulations can increase or decrease; depending on how well the underlying investments perform over time. TIAA-CREF does not guarantee the performance of the underlying investments.
1 TIAA-CREF Life’s Intelligent Variable Annuity’s maximum annuity expense charge ranges from 0.45% to 0.70%. If the Guaranteed Minimum Death Benefit option is selected, the maximum expense charge ranges from 0.55% to 0.80%. TIAA-CREF Life’s Single Premium Immediate Annuities total contract separate account charge is 0.60% (guaranteed maximum charges 1.20%). According to Morningstar, the average annuity expense charge is 1.35% for all non-group variable annuity policies in Morningstar Direct as of 10/30/2013. ©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.
2 Taxable amounts received prior to 59½ may be subject to a 10% penalty.
3 Some restrictions may apply.
4 All guarantees are based upon TIAA-CREF Life's claims paying ability.
Intelligent Variable Annuity (contract form series TCL-VA2) is issued by TIAA-CREF Life Insurance Company (TIAA-CREF Life), 730 Third Ave., New York, NY 10017.
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Learn whether exchanging your non-qualified annuity to a TIAA-CREF Life non-qualified annuity is right for you.