Andrew Carnegie created the Teachers Insurance and Annuity Association of America (TIAA), a fully funded system of pensions for professors, in 1918.
Conservative investing helped the company survive the 1929 stock market crash and the Great Depression.
Today, TIAA is a Fortune 100 financial services organization that is the leading provider of financial services in the academic, research, medical, cultural, and governmental fields. The company serves over 5 million active and retired employees participating at more than 15,000 institutions and has $1 trillion in combined assets, with holdings in more than 50 countries.
In February 2018, TIAA was providing parental leave irrespective of the parent’s gender.
In late 2020, the company announced that it would no longer be in the business of home loan mortgages. This meant that at least 200 jobs would be eliminated.
In June 2021, CEO Thasunda Brown Duckett asked members of Congress to include in any future infrastructure legislation a bipartisan initiative called IGNITE – the Institutional Grants for New Infrastructure, Technology and Education for HBCU Excellence Act.
TIAA maintains a corporate office in New York, New York.
i started a new job in february 2022, i have been trying to roll over my funds from Fidelity to TIAA. I sent in the necessary transfer forms, i waited a few weeks and never heard from them, i called a month later and they could not find my transfer forms. They sent a new set of forms, thankfully i made copies of the originals, i submitted the forms again, i called a few weeks later, i was told they have my forms, i should mail them the checks to transfer my funds, i sent the checks and called back to confirm. they stated they never received the checks and they never received my transfer forms. i sent a third set of forms and ordered a replacement check. i sent the forms certified in august, ive called 3 times since then and ive been told they cant find the forms, then when i mention i want to transfer funds, they miraculously find the forms, i called again today, after first they couldnt find it, then after mentioning a transfer of funds, they found the forms, they told me the signature was “suspicious” i need to resubmit the forms again and send the check. Ive been trying to submit my transfer funds since february, this is ridiculous, ive been getting the run around, someone needs to check this company, how many times do you have send in forms. I am without the benefit of my retirement funds. ive contacted the BBB