I was a State employee for many years and had my retirement account here. A few years ago I decided to take all of my money out of stocks because I felt the market would down turn. The rep recommended a guaranteed fund to place my money. When I asked her about the fund she said only that it might be a bit harder to access my money. So now with COVID, I am at half pay and since I'm over 60, I go to access my funds and I'm told I can't. It seems with this fund I can only access 10% of my funds over the next 10 years. That was never disclosed to me. When I asked if I could have a copy of the recording, I was told no, that was not TIAA's policy. Because I am not in foreclosure, according to TIAA I am not eligible to access the money emergently. Do NOT trust this company with your hard earned money, they don't care about you...just your money and how best they can keep it.
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The Teachers Insurance and Annuity Association of America-College Retirement Equities Fund, is a Fortune 100 financial services organization that is the leading provider of financial services in the academic, research, medical, cultural and governmenta...