For help and advice, call us anytime at 800-842-2252. You can also contact us online.
- After enrolling, you'll receive a TIAA Welcome Kit and a Legal Package including your contract and contract number.
- Review your Welcome Kit carefully to verify the information is correct, including investments and beneficiary information.
- You may also review your existing accounts and make transactions online by logging into your secure account.
When you enroll online, you create an individual account where you can view your balances, change your investment mix, make transfers and other transactions.
If you're already enrolled, log in to your secure account from the login button at the top of the home page of this site.
There are a number of important differences between mutual funds and annuities when they are offered under a retirement plan.
- A mutual fund is a pool of securities, such as stocks and bonds, managed by an investment company.
- An annuity is an insurance contract with one or more fixed-rate and variable investment options.
As for income options, annuities offer you the opportunity for lifetime income with or without guaranteed payments for a fixed time period*. Or you can decide to receive income for a certain number of years or take a cash withdrawal (depending on your plan’s provisions). Mutual funds offer systematic withdrawals. Otherwise, mutual funds and annuities are treated very similarly when offered as part of your employer’s retirement plan.
*Guarantees are subject to the claims-paying capability of the insurer. Payments from variable accounts will fluctuate based on investment performance.
Many participants enjoy the diversity of investing in mutual funds in their retirement plans.
- The mutual funds chosen for your retirement savings plan provide the opportunity to focus on specific market segments - all of which offer varying degrees of risk and reward opportunities.
- By owning a combination of funds with different investment characteristics, you may be able to offset the poor performance of one asset class with another that is benefiting from an upward trend. However, diversification doesn't guarantee against loss.
Mutual funds offer diversification, professional management, relatively low investment minimums and fees, and a range of choices among different asset classes.
Owning mutual funds can reduce risk through diversification and professional management, and allow you to potentially invest in a broad range of asset classes – U.S. and non-U.S. stocks, bonds, and real estate – with smaller amounts of assets.
No, there is no tax advantage to owning variable annuities or mutual funds in your TIAA-funded retirement plan. Both options receive favorable tax treatment under the plan.
There are several technology companies that offer end-to-end notarization systems. TIAA has partnered with Proof.com (f/k/a Notarize.com) (proof.com/customers/tiaaOpens in a new window) to offer a digital and secure way for you to fulfill notarization requirements for your forms.
Your road to retirement starts here
Ready to enroll
Choose your plan and enroll today
Select a retirement plan and begin the enrollment process. Contact your HR Benefits Office for additional information and assistance.
- 403(b) Base Retirement Program
-
Keep in mind: You may need to complete the required form found at MSU EBS PortalOpens in a new window to tell your employer how much money you want taken out of each paycheck.
- 403(b) Supplemental Retirement Program
-
Keep in mind: You may need to complete the required form found at MSU EBS PortalOpens in a new window to tell your employer how much money you want taken out of each paycheck.
- 457(b) Deferred Compensation Program
-
Keep in mind: You may need to complete the required form found at MSU EBS PortalOpens in a new window to tell your employer how much money you want taken out of each paycheck.
Make a selection before beginning enrollment
Call TIAA at 800-842-2252
You can put money away for retirement while saving on taxes.
At TIAA, we understand and specialize in the financial needs of people who work in non-profit fields.
We focus on your financial well-being and have plenty of ways to help you pursue your goals. No matter where you are in life, we're ready to help you take the next step.
Everyone's vision of retirement is different, including ours. We provide lifetime income through low-cost annuities, which let you turn your savings into monthly payments you can't outlive.
TIAA Traditional, our flagship fixed annuity since 1918 protects your principal and earnings*, setting a solid foundation for retirement. We also invented the variable annuity in 1952 when we launched CREF Stock account and now offer 8 types - with options to invest in real estate and socially responsible companies.
Our fixed and variable annuities give you the choice between guaranteed and lifetime income and other flexible income options. And, our annuities are generally less than half the industry average.** Many may be offered through your retirement plan.
Contributing to an annuity during your working years can potentially help you build your nest egg. And an annuity may provide income for as long as you live - even when other retirement savings run out instilling the confidence you need.
*Any guarantees under annuities issued by TIAA are subject to TIAA's claims-paying ability. Payments from the variable accounts will rise or fall based on investment performance.
**Applies to mutual fund and variable annuity expense ratios. Source: Morningstar Direct, June 30, 2019. 76% of TIAA-CREF mutual fund products and variable annuity accounts have expense ratios that are in the bottom quartile (or 97.55% below median) of their respective Morningstar category.
Our mutual fund and variable annuity products are subject to various fees and expenses, including but not limited to management, administrative, and distribution fees; our variable annuity products have an additional mortality and expense risk charge.
For over 100 years, our flagship TIAA Traditional Retirement Annuity has helped millions of participants build and prepare a solid retirement foundation. Our 'sharing the profits' approach seeks to reward you with additional growth and income.*
TIAA Traditional's lifetime income payment amounts have increased 16 times in 25 years. TIAA has paid more in lifetime income than our guaranteed minimum amount every year since 1948. In fact, despite the volatility the market has seen in the last 20 years, TIAA has not reduced payments to a single participant.
While future payment increases are not guaranteed, we have historically provided our long-term contributors with a higher initial payment and have given all our participants increases in their annual income.**
*Source: TIAA Actuarial Department, based on actual historical data of the TIAA Standard payout annuity. Annuity contracts contain exclusions, limitations, reductions of benefits, and may contain terms for keeping them in force. A financial consultant can provide you with cost and complete details.
**Additional amounts, when declared by TIAA's Board of Trustees, remain in effect for the "declaration year," which begins each January 1 for payout annuities. Additional amounts of interest or lifetime income, when declared, are not guaranteed for periods other than the period for which it is declared.
Responsible investment covers a wide range of investment decision making and active ownership approaches that apply environmental, social and governance (ESG) factors across asset classes.
Our socially responsible funds seek to promote broader economic development, positive social outcomes and a healthier environment. And we are a leader in this space. TIAA has 5 decades of responsible investing experience and is among the top 10 largest U.S. fund managers of responsible investments.*
You don't want to sacrifice performance by making a positive impact. Neither do we. Our responsible investing funds can serve as building blocks in a well balanced portfolio of stocks, bonds, and direct investments. They seek to meet or beat their respective performance benchmarks while maintaining fund expenses of less than half our competitors' on average.**
*Nuveen, the investment manager of TIAA, is a top-10 manager among ESG mutual fund, ETFs and variable insurance managers as of December 31, 2017 according to analysis of Morningstar Direct data from FUSE Research Network. Fuse Research Network is a source for industry guidance to firms in the asset management industry and for obtaining ongoing research and market intelligence.
**Applies to mutual fund and variable annuity expense ratios. Source: Morningstar Direct, June 30, 2019. 76% of TIAA-CREF mutual fund products and variable annuity accounts have expense ratios that are in the bottom quartile (or 97.55% below median) of their respective Morningstar category.
Our mutual fund and variable annuity products are subject to various fees and expenses, including but not limited to management, administrative, and distribution fees; our variable annuity products have an additional mortality and expense risk charge.
Since 1918, TIAA has helped millions of people like you build a more secure financial future so they can focus on their dreams. That's 100 years helping people at schools, universities, hospitals and non-profits save and plan for retirement. It's in our DNA.
We believe in the difference makers we serve. In fact, to mark 100 years of helping those do good do well, we're recognizing 100 people who work for nonprofit organizations and are having a postive impact on the world.
No matter what amount you have to invest, TIAA's experienced professionals are here to help you plan with personalized advice for every stage of your life.
Wondering if you're saving enough? We can help you determine how much you should save and how to create a budget to find those extra dollars. Not sure what investments are right for you? We can help you understand which options can help you pursue your financial goals.
Our advice is personal, taking into account your personal situation and financial goals. It is specific, helping you find the funds and figure out how to balance your investments. And, it is objective. We consider all available options and only suggest what's best for you.
Tell us about your retirement goals and we'll help you plan.
I want to live the way I’m living today
Many financial planners estimate that you’ll need 80-90% of your pre-retirement income to maintain your lifestyle in retirement. As you get older, more of that money may need to go toward healthcare and other essential expenses.
Retirement annuities can help replace your salary with monthly income that’s guaranteed for life.
Simplifying can help your money last longer
Think how long your retirement savings will need to last. People are living longer than ever. When we turn 65, there’s an 80% probability that we’ll live to 80, and a 27% chance we’ll reach 95.*
Plan to save at least enough to cover the essential and inevitable expenses, like healthcare, long after you retire.
Think about using TIAA’s online Retirement Journey Planner to help you set goals and create a plan that may help achieve them.
* TIAA Mortality Tables 2013
Consider these ways to maximize your future retirement income:
Contribute the maximum annual amount to your retirement savings. The most you can contribute in 2024 is $23,000 per IRS rules.
Consider contributing to annuities1 that offer growth opportunities while your're saving and monthly income that’s guaranteed for life when you retire.
1Annuities are designed for retirement savings or for other long-term goals. They offer several payment options, including lifetime income. If you make a withdrawal prior to age 59½, you may be subject to a 10% penalty in addition to ordinary income tax. The value of a variable annuity is subject to market fluctuations and investment risk so that, if withdrawn, it may be worth more or less than its original cost.
You can start saving now and make the most of your benefits
Contributing even a small amount now can potentially make a big difference by the time you retire. The earlier you start contributing to retirement plan investments, the more you can potentially save.
Thanks to compounding, any earnings on your investments gets reinvested and can potentially earn even more money, and so on.
Take advantage of your job’s retirement benefits. Many employers offer contribution matching. Other benefits may be available, such as pre-tax and tax-deferred contributing, which could help maximize your savings.
Please keep in mind that there are inherent risks in investing. It is possible to lose money by investing in securities.
Think about these three easy things to do to help you pursue your goals for retirement:
- Contribute as much as you can afford, up to the IRS limit
- Get the most from any employer matches (if they're available)
- Check your investment mix. Does it still make sense in relation to your age and lifestyle? Strive for a smart balance of aggressive and conservative investments that fit your needs.
Please keep in mind that there are inherent risks in investing. It is possible to lose money by investing in securities.
Good! Keep on track and continue making contributions to your plan
Think about these three easy things you can do to keep your momentum & finish strong:
Taking advantage of any new plans or matches your employer may offer.
Reviewing your current investment mix to see if you need to rebalance your portfolio as you near retirement.
Protecting your retirement savings through guaranteed annuities. These lower risk products offer a guaranteed income that you can’t outlive. You may have access to these products when you choose your options in enrollment.
Annuities are designed for retirement and other long-term goals. They offer several payment options, including lifetime income. Guarantees are based on the claims-paying ability of the issuer. However, payments from CREF and TIAA variable annuities are not guaranteed and the payment amounts will rise or fall depending on investment returns. Investment in variable products is subject to the risks associated with investing in securities, including loss of principal. Withdrawals of earnings are subject to ordinary income tax plus a possible federal 10% penalty if made before age 59½.
The sooner you get started, the more you can potentially save
Any savings have the potential to help in the future, but ideally, you still should aim for 10-15% of your pre-tax income annually.
Social Security will only replace about 40% of your pre-retirement income for the average worker, so you and your employer need to cover the rest.
Please keep in mind that there are inherent risks in investing. It is possible to lose money by investing in securities.
Great! 10-15% is what most financial consultants recommend
Aim to contribute this much (which can include contributions from your employer, if available) throughout your entire working career.
If your employer offers to match your contribution, make sure you save enough to trigger that match. Most employers require you to save a certain amount before they will match it – when they do, it’s all extra money! Take advantage of it.
That’s okay! As a general guide, aim to contribute 10-15%
Over the course of your career, that's how much it may take to potentially generate the income you need for retirement.
If 10-15% is an amount you can't afford right now, contribute as much as you can comfortably afford. Then strive to increase that amount by putting raises toward it and small annual increases.
For financial guidance, call 800-842-2252 to speak to a TIAA financial consultant.
We’re glad you feel confident. If you need help, we’re here.
During enrollment, once you choose your contribution amount, you can direct your contributions to a range of investment options.
View and compare your investment options before you enroll.
No worries! We can help you pick investments that work for you.
First, think about how far off retirement is. Then, determine your comfort level with risk and reward. This will help guide which investments you choose.
Generally speaking, riskier investments should be made when you’re younger, so you have plenty of time to potentially recoup losses. As you get older, you’ll likely want to shift to conservative investments with lower risk. Consider adding annuities1 to your retirement plan so you can create a foundation of guaranteed monthly income for life when you stop working. There are plenty of options and every investor is different.
Think about using the Retirement Journey PlannerOpens in a new window to get more insights or call one of our experienced financial consultants to discuss more options at 800-842-2252.
1Annuities are designed for retirement savings or for other long-term goals. They offer several payment options, including lifetime income. If you make a withdrawal prior to age 59½, you may be subject to a 10% penalty in addition to ordinary income tax. The value of a variable annuity is subject to market fluctuations and investment risk so that, if withdrawn, it may be worth more or less than its original cost.
Great, let’s get you on your way!
To recap, here's what you'll want to think about when you enroll:
- Save at least enough to trigger your employer's match (if available)
- Aim to save a total of 10-15% pre-tax annually
- Add incremental increases annually to painlessly boost your savings over time
Ready to enroll
Choose your plan and enroll today
Select a retirement plan and begin the enrollment process. Contact your HR Benefits Office for additional information and assistance.
- 403(b) Base Retirement Program
-
Keep in mind: You may need to complete the required form found at MSU EBS PortalOpens in a new window to tell your employer how much money you want taken out of each paycheck.
- 403(b) Supplemental Retirement Program
-
Keep in mind: You may need to complete the required form found at MSU EBS PortalOpens in a new window to tell your employer how much money you want taken out of each paycheck.
- 457(b) Deferred Compensation Program
-
Keep in mind: You may need to complete the required form found at MSU EBS PortalOpens in a new window to tell your employer how much money you want taken out of each paycheck.
Make a selection before beginning enrollment
Call TIAA at 800-842-2252
That’s okay! We can help with more education
We realize the enrollment process requires making tough decisions. There are often lots of complex rules and regulations, and it can be hard to figure out what plans & benefits you’re eligible for or which investments are available to you.
You can leave the tool now and go to Insights to read articles, use tools and see videos that will help you step forward.
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Start saving for your future
Your employer's plan: an easy way to invest now so you can spend later.
It's never too early to start saving for retirement. The first step is simple - enroll in your employer's retirement plan.
The details
Your employer's retirement plan may be one of the the best and easiest ways to save for retirement, especially if your employer matches what you put in. You'll likely need 70-80% of your preretirement income to retire comfortably - and you'll need that income as long as you live.
So start saving today, no matter where you are in your career or how much you can invest. Over time, even a small amount may go a long way to make a difference for your future.
Every paycheck is an opportunity to pay yourself first. Consider saving more and investing appropriately for your goals.
The details
Life changes and so do your financial goals and needs. Over time, the investments and contributions you originally set up for your retirement plan will likely need to be adjusted.
If you'd like to talk to someone about your goals, you can meet with a financial consultant for support.
Once you're enrolled, it's easy to manage your account using tools like TIAA's Retirement Advisor. It lets you check your progress towards your retirement goals anytime and provides actionable suggestions for asset allocation and contributions.
Don't just set and forget your retirement plan account, you need to nurture it to help it grow.
The details
Even if you're only saving $25 per paycheck, it can add up over time. So get into the habit of saving a percentage of your paycheck every month. Start early and save often. By having your retirement savings deducted from your paycheck, you'll be saving automatically and may not even notice the difference to your bottom line.
Depending on your employer's retirement plan options, you could have multiple ways to save. Make sure you're maximizing your personal savings potential by taking advantage of all of the features available to you including any employer contributions or match available.
Retirement may seem a long way off but your future starts today. Steps you take now can help make dreams you envision a reality. We're here to help.
The details
TIAA is a leader in serving the financial needs of people in academic, government, medical, cultural and other nonprofit fields. We focus on your financial well-being and have plenty of ways to help you pursue your goals. No matter where you are in life, we're here to help you prepare for the retirement you deserve.
Since 1918, TIAA has helped millions of people like you build a more secure financial future so they can focus on their dreams. We're committed to do the same for the next 100 years.
Enroll in your plan today, start saving and nuture your account. Through it all, we'll work with you to help you realize your full retirement potential.
Ready to enroll
Choose your plan and enroll today
Select a retirement plan and begin the enrollment process. Contact your HR Benefits Office for additional information and assistance.
- 403(b) Base Retirement Program
-
Keep in mind: You may need to complete the required form found at MSU EBS PortalOpens in a new window to tell your employer how much money you want taken out of each paycheck.
- 403(b) Supplemental Retirement Program
-
Keep in mind: You may need to complete the required form found at MSU EBS PortalOpens in a new window to tell your employer how much money you want taken out of each paycheck.
- 457(b) Deferred Compensation Program
-
Keep in mind: You may need to complete the required form found at MSU EBS PortalOpens in a new window to tell your employer how much money you want taken out of each paycheck.
Make a selection before beginning enrollment
Call TIAA at 800-842-2252
This material is for informational or educational purposes only and does not constitute a recommendation or investment advice in connection with a distribution, transfer or rollover, a purchase or sale of securities or other investment property, or the management of securities or other investments, including the development of an investment strategy or retention of an investment manager or advisor. This material does not take into account any specific objectives or circumstances of any particular investor, or suggest any specific course of action. Investment decisions should be made in consultation with an investor' s personal advisor based on the investor's own objectives and circumstances.
Reach out to us if you have questions
Find out who to contact about enrollment or investing.