What is cref global equities r1?

What is cref global equities r1?

The CREF Global Equities Account is a globally diversified variable annuity account that seeks a favorable long-term rate of return through capital appreciation and income. The Account provides participants the option to convert all or a portion of their accumulations into lifetime income.

What is CREF Money Market r2?

The CREF Money Market Account is a variable annuity that seeks high current income consistent with maintaining liquidity and preserving capital. The Account maintains a dollar-weighted average maturity of 60 days or less and a dollar-weighted average life to maturity of 120 days or less.

What is CREF Growth r2?

The CREF Growth Account is an actively-managed variable annuity that seeks a favorable long-term rate of return, mainly through capital appreciation. Under normal circumstances, the Account invests at least 80% of its assets in common stocks and other equity securities.

What is TIAA Traditional guaranteed?

TIAA Traditional is a guaranteed annuity issued by Teachers Insurance and Annuity Association of America (TIAA) that is designed to be a core component of a diversified retirement savings portfolio. In up and down markets, TIAA Traditional preserves the value of your savings.

What is a CREF money market account?

The CREF Money Market Account is a variable annuity that seeks high current income consistent with maintaining liquidity and preserving capital. The Account’s Advisor limits investments to U.S. Government securities or securities that present minimal credit risks to the Account and are of eligible quality.

What is CREF Growth r3?

The CREF Growth Account is an actively-managed variable annuity that seeks a favorable long-term rate of return, mainly through capital appreciation. It primarily invests in a diversified portfolio of common stocks that present the opportunity for exceptional growth.

How do I get my money out of TIAA CREF?

You can withdraw funds at any time. Log into TIAA.org, then use the SUPPORT menu to choose TRANSACTIONS & INFORMATION. You can find your withdrawal request options in this section.

Is TIAA annuity a good deal?

TIAA Traditional can be a great tool. In a period like now where a 10-year US treasury bond pays well under 2%, the return on the TIAA Traditional annuity with a 10-year lockup can sound very attractive, particularly to someone who wants that kind of safety and doesn’t need the liquidity.

How safe is TIAA?

1 Your money is safe. Your contributions are guaranteed, backed by TIAA’s claims- paying ability. 2 You earn competitive interest. TIAA Traditional pays among the highest rates1 available, including a guaranteed minimum rate, both while you’re saving and during retirement.

Is TIAA-CREF an IRA or 401k?

No, that is a 401k or 403b plan, which you do not report as an IRA. Employer-sponsored plan contributions are reported on your W2, Box 12, usually with code “D” or “E.” Box 1 of your W2 should be reduced by the amount of your contribution (unless it’s a Roth 401k).

How long does it take to withdraw money from TIAA?

Proceeds from trades are available for withdrawal upon settlement of the trade (typically 1-3 business days, depending upon the type of security). There is a seven (7) business day hold on checks and ACH deposits. Cash from wires are available for withdrawal the following business day.

What is cref global equities r1? The CREF Global Equities Account is a globally diversified variable annuity account that seeks a favorable long-term rate of return through capital appreciation and income. The Account provides participants the option to convert all or a portion of their accumulations into lifetime income. What is CREF Money Market r2?…