Intelligent Variable Annuity from TIAA-CREF Life Insurance Company

TIAA-CREF Life Money Market

The fund seeks high current income consistent with maintaining liquidity and preserving capital by investing in high-quality short-term money market instruments.

Unit value as of 08/27/2014 : $11.28
Total return year-to-date as of 08/27/2014 : -0.39%
Expense charge 1 : 0.75%
Inception date : 07/21/2003
Investment class : Money Market

As of : 08/26/2014
7-day current annualized yield : -0.60%
7-day effective annualized yield : -0.60%
Performance Comparison
  Performance Data
as of 08/27/2014
Average Annual Total Returns
as of 07/31/2014
  Unit
Values
Net
Change
YTD
Return
1 Year 3 Year 5 Year 10 Year Since Inception
TIAA-CREF Life Money Market $11.28 0.00% -0.39% -0.60% -0.59% -0.54% 1.17% 1.10%
iMoneyNet Money Fund Report Averages™ All Taxable 2 -- -- -- 0.01% 0.02% 0.03% -- 0.83%

The performance data quoted represents past performance, and is no guarantee of future results. Your returns and the principal value of your investment will fluctuate so that your accumulation units, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted above. For investments with exceptional performance, please note that performance fluctuates and currently may be lower than noted here.

Beginning July 7, 2011, part or all of the investment management fees of the TIAA-CREF Life Money Market Fund may be voluntarily waived. Without this waiver, current and effective annualized yields and total returns would be lower. This fee waiver may be discontinued at any time without notice.

The risks that this fund is subject to include current income risk, market risk, company risk, credit risk, income volatility risk, interest rate risk, and fixed-income foreign investment risk.

For a detailed discussion of risk, please consult the prospectus.

 An investment in this account is not a deposit of any bank and is neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other U.S. government agency. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund. The current yield more closely reflects the account's current earnings than does the total return.

1.
Includes both separate account and fund level charges. A portion of the separate account charges has been waived. The maximum total annual expense charge without the waiver is 1.07%. Separate account charges reflect the highest possible mortality and expense risk charge that can be lower. The unit value reflects the election of the Guaranteed Minimum Death Benefit. See the prospectus for additional information.
2.
The iMoneyNet Money Fund Report Averages – All Taxable category is a simple average of over 1,000 taxable money market funds and you cannot invest directly in it.

TIAA-CREF Individual & Institutional Services, member FINRA, distributes securities products. Intelligent Variable Annuity is issued by TIAA-CREF Life Insurance Company, 730 Third Avenue, New York, NY 10017.

Investment, insurance and annuity products are not FDIC insured, are not bank guaranteed, are not deposits, are not insured by any federal government agency, are not a condition to any banking service or activity, and may lose value.

© 2014 and prior years, Teachers Insurance and Annuity Association - College Retirement Equities Fund (TIAA-CREF), New York, NY 10017