The increase reinforces TIAA’s thoughtful financial stewardship, a tradition of giving profits back to you every year since 1948 to help improve retirement security.
The interest rates for existing TIAA Traditional savings (shown below) take effect March 1 and will remain through February 2023. Interest rates for new contributions into TIAA Traditional will be announced March 1.
| FUNDS APPLIED | TIAA TRADITIONAL INTEREST RATES % MARCH 2022 TO FEBRUARY 2023 | |||
| RETIREMENT ANNUITY | RETIREMENT CHOICE | SUPPLEMNTAL RETIREMENT ANNUITY | RETIREMENT CHOICE PLUS | |
| Pre–2006 | 4.65% | 4.90% | 3.90% | 4.15% |
| 2006–2011 | 4.35% | 4.60% | 3.60% | 3.85% |
| 2012–2019 | 4.10% | 4.35% | 3.35% | 3.60% |
| 2020–2021 | 3.70% | 3.95% | 3.00% | 3.20% |
| 01/2022–02/2022 | 4.00% | 4.25% | 3.25% | 3.50% |
TIAA Traditional credits interest based on the time period during which you make the contribution or transfer in. As a result, the money you contribute or transfer during different time periods may earn different rates of interest. Think of each time period as a different bucket.
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.
You should consider the investment objectives, risks, charges and expenses carefully before investing. Please call 877-518-9161 or go to www.TIAA.org/prospectuses for current product and fund prospectuses that contain this and other information. Please read the prospectuses carefully before investing.
The TIAA group of companies does not provide legal or tax advice. Please consult your tax or legal advisor to address your specific circumstances.
TIAA-CREF Individual & Institutional Services, LLC, Member FINRA and SIPC , distributes securities products. SIPC only protects customers' securities and cash held in brokerage accounts. Annuity contracts and certificates are issued by Teachers Insurance and Annuity Association of America (TIAA) and College Retirement Equities Fund (CREF), New York, NY. Each is solely responsible for its own financial condition and contractual obligations.
TIAA Brokerage, a division of TIAA-CREF Individual & Institutional Services, LLC, Member FINRA and SIPC, distributes securities. Brokerage accounts are carried by Pershing, LLC, a subsidiary of The Bank of New York Mellon Corporation, Member FINRA, NYSE, SIPC.
Teachers Insurance and Annuity Association of America is domiciled in New York, NY, with its principal place of business in New York, NY. Its California Certificate of Authority number is 3092.
TIAA-CREF Life Insurance Company is domiciled in New York, NY, with its principal place of business in New York, NY. Its California Certificate of Authority number is 6992.
Read the TIAA-CREF Individual & Institutional Services, LLC, Statement of Financial Condition.
© automatically this year and prior years, Teachers Insurance and Annuity Association of America-College Retirement Equities Fund, New York, NY 10017.