What You Need to Know About CREF Variable Annuity Accounts-Recording - What You Need to Know About CREF Variable Annuity Accounts

Recording - What You Need to Know About CREF Variable Annuity Accounts

Video Transcription

Video Summary

The webinar featured Heidi Tennant, NAPFA Senior Coordinator of Membership and Continuing Ed, and Paul Valen, a Senior Director in TIAA's Institutional Financial Services Group. The webinar focused on CREF variable annuity accounts and provided information on the investment attributes, performance, and income potential of these accounts. It was highlighted that the CREF stock account is the leading CREF account and has a globally diversified core equity portfolio with a moderate level of risk. The performance of CREF stock has been solid over the long term, outperforming its Morningstar peer group 100% of the time in the last 10 rolling 30-year periods. The income potential of CREF stock was also discussed, with historical examples showing varying levels of payouts over 20-year periods. The webinar emphasized the importance of diversification within a lifetime income plan and the role that variable annuities can play in hedging risks and achieving financial objectives. The audience was encouraged to reach out to the TIAA advisor services team for support and additional resources. The program ended with a Q&A session addressing audience questions. Summary written by AI assistant

Keywords

webinar

CREF variable annuity accounts

investment attributes

performance

income potential

CREF stock account

diversification

variable annuities

financial objectives