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Business Glossary
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Definitions for: Teachers Insurance and Annuity Association-College Retirement Equities Fund (TIAA-CREF)
Teachers Insurance and Annuity Association-College Retirement Equities Fund (TIAA-CREF)

life insurance company that sells life insurance and annuities to the faculty and staff of colleges and universities. Its TIAA-CREF Tax-Sheltered Annuity (TSA) uses a traditional fixed dollar annuity, the TIAA portion, and a variable dollar annuity, the CREF portion. Most participants have a split funded plan with 50% of the premium going to each, but this proportion can be changed as often as a participant desires.

Copyright © 2000, 1995, 1991, 1987 by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.

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