Intelligent Variable Annuity offered by TIAA-CREF

Introduction
Type of Product Variable Annuity
Product NameIntelligent Variable Annuity
Offered byTIAA-CREF
Company Info

TIAA-CREF has a long-standi... read more

Contract and Purchasing
Minimum Premium Payment2500
Minimum Additional Premium Payment50
Investments
Total Number of Investment Options44 [Find annuities with more investment options]
Fixed Account
Features and Benefits
Free WithdrawalsYes
Free Withdrawal Limit100
Guaranteed Death BenefitAvailable
Are Telephone Transactions AllowedYes
Fees and Expenses
Minimum Total Fees and Expenses0.34 [Find annuities with lower fees and expenses]
Maximum Total Fees and Expenses2.08 [Find annuities with lower fees and expenses]
Minimum Mortality and Expense Risk Charge "M&E Fee"0.15 [Find annuities with lower mortality and expense fees]
Maximum Mortality and Expense Risk Charge "M&E Fee"0.4 [Find annuities with lower mortality and expense fees]
Administrative Fee25.00 [Find annuities with lower administrative fees]
Contract Maintenance Fee0.1 [Find annuities with lower contract maintenance fees]
Early Withdrawal Charges / Surrender Fees Request Access
Minimum Investment Management Fee0.09 [Find annuities with lower investment management fees]
Maximum Investment Management Fee1.58 [Find annuities with lower investment management fees]
Sales Compensation
Contact Information
Company OfferingTIAA-CREF
Company TypeInsurance Company
Phone Number800 842-2252
Websitewww.tiaa-cref.org
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Reviews and Ratings
Average Review

4.2/5 from 5 Reviews


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Product Ratings and Reviews

Rating:
5
Average: 5 (1 vote)

As you might expect from TIAA-CREF, this variable annuity has some of the lowest expenses in the market.

Total fees and expenses (including investment management fees) can get as low as 34 basis points.

That's right--roughly 3.5 tenths of one percent.

This makes a huge difference when interest rates and investment returns are low.

Cost savings are where they should be--in the customer's pocket.

 

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