TIAA Traditional Annuity Sees Inflow Surge Amid Market Volatility

Investors have increased their allocations to TIAA Traditional annuities in March, reaching a five-year high amid prevailing market volatility. Market uncertainty has led investors to favor guaranteed asset classes, which provide a buffer against market fluctuations. TIAA data indicate that this product has demonstrated superior performance and efficiency within target-date fund structures compared to standard target-date funds, requiring fewer assets for equivalent income and enabling retirees to retain more assets in their accounts.

March also marked the expansion of access to TIAA's lifetime income annuities, including TIAA Traditional, through the TIAA IRA, now open to all Americans. TIAA continues to support retirement income with significant payouts and substantial assets under management, reinforcing its role in retirement solutions during uncertain financial conditions.