Default soultions

The default matters. Choose a plan with guarantees.

Most employees leave their savings in the default, meaning the default solution may be the most important plan decision. Our range of offerings, including options with lifetime income, can help them create more retirement security.

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The way forward: lifetime income

Plan design is evolving. Your default should, too.

Plan design is shifting from conventional target-date solutions to defaults that include guarantees. With 100 years creating lifetime income solutions, our default options can help your employees create security now and for the rest of their lives. TIAA invented the variable annuity in 1952 to help savers take advantage of long-term market growth and keep pace with inflation. Our variable annuities include CREF, TIAA Real Estate and TIAA Access.

Illustration showing the progression of plan design from the 1950s to the 2020s, moving from pensions to target-date funds and arriving at lifetime income solutions.

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The latest news and insights on technology, employee engagement, legislation and regulation curated especially for you.

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SEI Trust Company (the "Trustee") serves as the Trustee of the Nuveen/SEI Trust Company Investment Trust and the Nuveen/SEI Trust Company Investment Trust III (individually a "Trust" and collectively the "Trusts") and maintains ultimate fiduciary authority over the management of, and the investments made, in the Nuveen Lifecycle CIT Series and the Lifecycle Income CIT Series respectively (individually a "Fund" and collectively the "Funds"). Each Fund is part of the Trust operated by the Trustee. The Trustee is a trust company organized under the laws of the Commonwealth of Pennsylvania and wholly owned subsidiary of SEI Investments Company (SEI). The funds are managed by the Trustee, based on the investment advice of Nuveen Fund Advisors, LLC, the investment adviser to the Trust, and Nuveen Asset Management, LLC as investment sub- adviser to the Funds.

The Funds are trusts for the collective investment of assets of participating tax qualified pension and profit sharing plans and related trusts, governmental plans and other eligible plans. As bank collective investment trusts, the Trusts are exempt from registration as an investment company.

A plan fiduciary should consider the Funds' objectives, risks, and expenses before investing. This and other information can be found in the Declaration of Trust and the Funds' Disclosure Memoranda. The Funds are not mutual funds, and their units are not registered under the Securities Act of 1933, as amended, or the applicable securities laws of any state or other jurisdiction.

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