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Fixed annuities offer a guaranteed stream of income, but often come with high fees. ... Economist Brett Hammond of TIAA-CREF discusses how an annuity can fit into a diversified portfolio, and some ...
Annuities have long formed part of the retirement arsenal, and the Teachers Insurance and Annuity Association of America (TIAA) is demonstrating why. TIAA has announced its aim to boost retirement ...
In 2002, Allison was named chairman, president, and chief executive officer of TIAA, a Fortune 100 financial services organization that is the leading retirement provider for people who work in the academic, research, medical, and cultural fields.
When interest rates are higher, fixed annuities can be a more attractive option. They tend to earn slightly better rates than certificates of deposit, but you can lock in the rate on an annuity ...
He serves as a research associate at the National Bureau of Economic Research [2] and as Associate Director of the NBER Retirement Research Center. [3] Since 2009 he has served as a Trustee for TIAA, the operating company of TIAA-CREF. [4] From October 2006 through September 2008, he served as a member of the Social Security Advisory Board. [5]
He was the first African-American vice chairman. After leaving the Fed, he served as president and CEO of the Teachers Insurance and Annuity Association of America (TIAA) from 2008 to 2021. Ferguson has also been appointed to the board of directors of several companies including Alphabet. [1] [2]
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