Annuity Myths and Truths


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There is a lot of information about annuities out there — and not all of it is true.

We'll help dispel some of these myths.

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Myth: I already have a 401(k) and an IRA. I don’t need an annuity.

Myth: If I pass away, the insurance company keeps my money.

Myth: I won’t have flexibility to create a personalized income strategy.

Myth: Annuities are a bad deal because they have fees and costs.

Myth: I need a lot of money to open an annuity.

Myth: I already own an annuity. Why should I purchase another?

Myth: If I buy an annuity, I will lose control of my money?


To learn more about how non-qualified annuities from TIAA-CREF Life Insurance Company may fit in your retirement plan, speak with one of our Annuity Representatives today! Call 877 554-8282 now. Or,

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Please keep in mind that annuities are designed for retirement and other long-term goals. If you choose to invest in the variable investment products, your money will be subject to the risks associated with investing in securities, including loss of principal.

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5-Year Fixed Term* Deposit Rate

1.00%

as of 8/01/2012

Fixed term rates, performance and disclosure.

 

*TIAA-CREF Investment Horizon Annuity. Not available in all states. Read the prospectus (PDF) carefully before investing.

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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.

All solicitations pertaining to a contract for annuities may only be handles by an agent or broker licensed to engage in the business of annuities in the state in which you reside.

Non-qualified annuities are issued by TIAA-CREF Life Insurance Company, 730 Third Avenue, New York, NY 10017. TIAA-CREF Individual & Institutional Services, LLC, member FINRA distributes securities products. Intelligent Variable Annuity, contract form series TCL-VA2, TIAA-CREF Investment Horizon Annuity, contract form series TCL -MVA 1, and Single Premium Immediate Annuity, contract form series TCL-1009, TCL-1033, TCL-901 are issued by TIAA-CREF Life Insurance Company, 730 Third Avenue, New York, NY 10017. Not available in all states. Some products may not be available in all states.

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