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.