TIAA Traditional Payout Increases 5% for 2022
- Thursday, December 16, 2021, 8:40
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NEW YORK, Dec. 16, 2021 /PRNewswire/ — Beginning in January 2022, lifetime income payments to holders of the TIAA Traditional fixed annuity1 who opted to annuitize in retirement will increase by 5%, the largest boost in 40 years. The additional payout of $180 million to clients of the…
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