Traditional
TIAA Traditional receives the highest rating available from this many of the four independent ratings agencies.
What is three.
The firm that created the first variable annuity, and the year it was established.
What is TIAA, CREF Stock in 1952?
The largest income producing real estate "property type" in TIAA Real Estate (Industrial, Retail, Apartment, Office).
What is office?
The fear of outliving one's savings.
What is Longevity Risk?
The total amount of income paid by TIAA in 2018.
What is 5 Billion?
Number of pay increases Traditional income recipients experienced over the last 25 years.
What is 15.
In additional to Longevity and Cognitive, the risk that CREF primarily hedges against.
What is Inflation Risk?
Percentage of the account invested directly into physical real estate.
What is 85%?
Diminished mental capacity in managing one's finances.
What is Cognitive Risk?
Total number of annuitants over age 90 receiving lifetime income.
What is 33,000?
The three portions that make up a Lifetime Income payment from TIAA Traditional.
What are guaranteed, additional amounts and loyalty bonus?
The geographic allocation of equity holdings in CREF Stock.
What is 70% domestic, 30% international?
How participant returns are derived within the TIAA Real Estate account.
What are rental income and property value changes?
Reduction in purchasing power over time.
What is Inflation Risk?
Percentage of retirement plans nationally that provide options for lifetime income in retirement.
What is 25%?
The percentage of the General Account that is invested in Treasuries.
What is 8%?
The five CREF equity accounts.
What are Stock, Global Equities, Equity Index, Growth, and Social Choice?
The frequency with which operating income and property values are calculated.
What are daily for operating income and quarterly for property values?
Returns insufficient to maintain a drawdown strategy.
What is Market Risk?
TIAA is has paid more than the guaranteed minimum since this year.
What is 1949?
The minimum guarantee made by Traditional in the income phase.
What is the guaranteed minimum payout rate, declared monthly in the interest rate memos?
The CREF fund not offered in the ATRA.
What is Inflation Linked Bond?
Liquidity is guaranteed for all contract owners, backed by this.
What is the TIAA General Account?
Experiencing negative returns early in retirement that may jeopardize long term retirement success.
What is Sequence of Returns Risk?
Average Loyalty Bonus on lifetime income payments in terms of a percentage.
What is 22%?