Unlike many trusteed plans, a retirement plan using TIAA and CREF annuities may be funded, in whole or in part, by individually or plan-controlled TIAA and CREF fixed and variable annuity contracts. The Retirement Choice, Retirement Choice Plus, Stable Return Annuity and Stable Value contracts are plan-controlled by the plan sponsor. Contributions made by the employer and the participant can be allocated by the participant to investment options selected by the plan sponsor and maintained on the TIAA recordkeeping platform. Defined contribution retirement plans may also offer a brokerage window investment option within which a participant may invest in an expanded menu of investment choices.
