Investment Accounts. Each premium allocated to any of the Investment Accounts under this contract buys a number of accumulation units. Accumulations in the Investment Accounts are not guaranteed, and may increase or decrease depending on investment results. The separate account charges that apply to each Investment Account will reduce the net annual investment return. For all Investment Accounts other than the Real Estate Account, the separate account charge is guaranteed not to exceed [2.0%] per year of average net assets. The Real Estate Account separate account charge is guaranteed not to exceed [2.5%] per year of average net assets. For questions about the contract or for help to resolve a problem, contact us at the address or phone number above. Senior Vice President and President and Corporate Secretary Chief Executive Officer Group Flexible Premium Deferred Annuity Fixed and Variable Accumulations Nonparticipating IGRSP-TR INDEX ON NEXT PAGE 1 TIAA Retirement Choice Plus Annuity Contract INDEX OF PROVISIONS Section Section Accumulation - Definition 15 - Definition 1 - Effective Date 63 - Employee’s 7 - Restrictions 65 - Employee’s Investment Account 43 - Restrictions on Transfers into the Real Estate - Employee’s Traditional Annuity 37 Account - Additional 66 - Investment Account 42 Investment Account 16 - Report of 75 - Insulation of 73 - Traditional Annuity 36 - Modification of 74 Accumulation Units Investment Company Act of 1940 76 - Definition 41 IRC 17 - Number of 47 Laws and Regulations - Compliance with 85 Additional Amounts 38 Lump-sum Benefit Assignment -Void and of no effect 78 ‑ Amount and Effective Date 59 Benefit Payment 48 ‑ Availability 58 Benefits Based on Incorrect Data 82 Maturity Date 18 Business Day 3 Net Investment Factor Claims of Creditors - Protection Against 84 - For Other Investment Accounts 44 Commuted Value 4 Ownership 77 Companion CREF Contract 32 Payee 19 Contestability 31 Payment to an Estate, Trustee, etc 80 Contract 30 Plan Benefit Payment 55 Correspondence with us 86 Plan Expense Reimbursement Agreement 70 Death Benefit Premiums ‑ Amount of Payments 53 - Allocation of 34 ‑ Beneficiary 2 ‑ Payment of 33 - Definition 5 - Taxes 35 ‑ Payment Methods 52 Proof of Survival 83 ‑ Payments after Death of Beneficiary 54 Rate Schedule Disruptive Transactions 72 - Change of 87 Elections and Changes ‑ Procedure for 79 - Definition 20 Employee 6 Real Estate Account Employer 8 - Definition of 39 Employer Plan 9 Retirement Plan Loan Employer Plan Fee Withdrawals 69 ‑ Amount and Effective Date 60 ‑ Definition 10 Revenue Credit Account 21 Equity Wash Restrictions 71 Revenue Credit Account Payment ERISA 11 ‑ Amount and Effective Date 57 Forfeiture Account 12 Xxxx Accounting 67 Forfeiture Account Payment Second Annuitant 22 ‑ Amount and Effective Date 56 Section 403(b) of the Internal Revenue Code 68 Funding Vehicle 12 Separate Account General Account 14 - Charge 46 Gross Investment Factor 45 - Definition 23 Income Benefit Service of Process upon TIAA 81 ‑ Amount 51 Severance from Employment 24 ‑ Options 49 Surrender Charge 25 ‑ Post-mortem Payments 50 TIAA Access Account 40 Internal Transfers Traditional Annuity 26 - Amount 62 Transfer Charge 27 - Availability 61 Valuation Day and Valuation Period 29 IGRSP-TR Page 2 TIAA Retirement Choice Plus Annuity Contract Account Specifications Page The following Investment Accounts are available as of the issue date of this contract. The employer plan may restrict the right to invest in some or all of the accounts: TIAA Real Estate Account: [TIAA Access Account Level [x] Subaccounts: [Account 1]: [Account 2]: [Account 3]: ]
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Investment Accounts. Each premium allocated to any of the Investment Accounts under this contract buys a number of accumulation units. Accumulations in the Investment Accounts are not guaranteed, and may increase or decrease depending on investment results. The separate account charges that apply to each Investment Account will reduce the net annual investment return. For all Investment Accounts other than the Real Estate Account, the separate account charge is guaranteed not to exceed [2.0%] per year of average net assets. The Real Estate Account separate account charge is guaranteed not to exceed [2.5%] per year of average net assets. For questions about the contract or for help to resolve a problem, contact us at the address or phone number above. Senior Vice President and President and Corporate Secretary Chief Executive Officer Group Flexible Premium Deferred Annuity Fixed and Variable Accumulations Nonparticipating IGRSP-TR INDEX ON NEXT PAGE 1 TIAA Retirement Choice Plus Annuity Contract INDEX OF PROVISIONS Section Section Accumulation - Definition 15 - Definition 1 - Effective Date 63 - Employee’s 7 - Restrictions 65 - Employee’s Investment Account 43 - Employee’s Traditional Annuity 37 - Investment Account 42 - Report of 75 - Traditional Annuity 36 Accumulation Units - Definition 41 - Number of 47 Additional Amounts 38 Assignment -Void and of no effect 78 Benefit Payment 48 Benefits Based on Incorrect Data 82 Business Day 3 Claims of Creditors - Protection Against 84 Commuted Value 4 Companion CREF Contract 32 Contestability 31 Contract 30 Correspondence with us 86 Death Benefit - Amount of Payments 53 - Beneficiary 2 - Definition 5 - Payment Methods 52 - Payments after Death of Beneficiary 54 Disruptive Transactions 72 Elections and Changes - Procedure for 79 Employee 6 Employer 8 Employer Plan 9 Employer Plan Fee Withdrawals 69 - Definition 10 Equity Wash Restrictions 71 ERISA 11 Forfeiture Account 12 Forfeiture Account Payment - Amount and Effective Date 56 Funding Vehicle 13 General Account 14 Gross Investment Factor 45 Income Benefit - Amount 51 - Options 49 - Post-mortem Payments 50 Internal Transfers - Amount 62 - Availability 61 - Crediting 64 Section - Definition 15 - Effective Date 63 - Restrictions 65 - Restrictions on Transfers into the Real Estate - Employee’s Traditional Annuity 37 Account - Additional 66 - Investment Account 42 Investment Account 16 - Report of 75 - Insulation of 73 - Traditional Annuity 36 - Modification of 74 Accumulation Units Investment Company Act of 1940 76 - Definition 41 IRC 17 - Number of 47 Laws and Regulations - Compliance with 85 Additional Amounts 38 Lump-sum Benefit Assignment -Void and of no effect 78 ‑ - Amount and Effective Date 59 Benefit Payment 48 ‑ - Availability 58 Benefits Based on Incorrect Data 82 Maturity Date 18 Business Day 3 Net Investment Factor Claims of Creditors - Protection Against 84 - For Other Investment Accounts 44 Commuted Value 4 Ownership 77 Companion CREF Contract 32 Payee 19 Contestability 31 Payment to an Estate, Trustee, etc 80 Contract 30 Plan Benefit Payment 55 Correspondence with us 86 Plan Expense Reimbursement Agreement 70 Death Benefit Premiums ‑ Amount of Payments 53 - Allocation of 34 ‑ Beneficiary 2 ‑ - Payment of 33 - Definition 5 - Taxes 35 ‑ Payment Methods 52 Proof of Survival 83 ‑ Payments after Death of Beneficiary 54 Rate Schedule Disruptive Transactions 72 - Change of 87 Elections and Changes ‑ Procedure for 79 - Definition 20 Employee 6 Real Estate Account Employer 8 - Definition of 39 Employer Plan 9 Retirement Plan Loan Employer Plan Fee Withdrawals 69 ‑ - Amount and Effective Date 60 ‑ Definition 10 Revenue Credit Account 21 Equity Wash Restrictions 71 Revenue Credit Account Payment ERISA 11 ‑ - Amount and Effective Date 57 Forfeiture Account 12 Xxxx Accounting 67 Forfeiture Account Payment Second Annuitant 22 ‑ Amount and Effective Date 56 Section 403(b) of the Internal Revenue Code 68 Funding Vehicle 12 Separate Account General Account 14 - Charge 46 Gross Investment Factor 45 - Definition 23 Income Benefit Service of Process upon TIAA 81 ‑ Amount 51 Severance from Employment 24 ‑ Options 49 Surrender Charge 25 ‑ Post-mortem Payments 50 TIAA Access Account 40 Internal Transfers Traditional Annuity 26 - Amount 62 Transfer Charge 27 - Availability 61 Valuation Day and Valuation Period 29 IGRSP-TR Page 2 TIAA Retirement Choice Plus Annuity Contract Account Specifications Page The following Investment Accounts are available as of the issue date of this contract. The employer plan may restrict the right to invest in some or all of the accounts: TIAA Real Estate Account: [TIAA Access Account Level [x] Subaccounts: [Account 1]: [Account 2]: [Account 3]: ]] TIAA Retirement Choice Plus Annuity Contract For the purposes of section 71, competing funds will be defined as any of the following: • [Any money market fund] • [Any short-term bond fund or other fund comprised primarily of short-term bonds with an average duration of three years or less] • [The TIAA Real Estate Account] • [The TIAA Traditional Annuity] • [The TIAA Stable Value Separate Account-1 (SVSA-1)] • [The fixed or general account component of any other annuity contract or certificate under which the individual contract owner, certificate owner, or individual on whose behalf an individually allocated accumulation is being recorded under the terms of such contract, may be allowed, under the terms of such contract or certificate, to make discretionary withdrawals of his or her accumulations at any time, regardless of whether or not such withdrawals would be subject to a surrender charge.] • [A self-directed brokerage account] • [Specific fund names] [If additional funding options are added to the employer plan after the issue date of the contract, TIAA reserves the right to determine at such time whether such funding options will be considered competing funds. ] [The following funds will not be considered competing funds as of the date of issue of the contract:] • [All funding options available as of the date of issue that are not described above as Competing Funds] • [Fund name] • [Fund name] [TIAA reserves the right to recategorize any of these funds as competing funds if it determines that a change in the fund’s investment practices and/or objectives warrants such a recategorization.] TIAA Retirement Choice Plus Annuity Contract
Appears in 1 contract
Samples: Tiaa Separate Account Va-3
Investment Accounts. Each premium allocated to any of the Investment Accounts under this contract buys a number of accumulation units. Accumulations in the Investment Accounts are not guaranteed, and may increase or decrease depending on investment results. The separate account charges that apply to each Investment Account will reduce the net annual investment return. For all Investment Accounts other than the Real Estate Account, the separate account charge is guaranteed not to exceed [2.0%] per year of average net assets. The Real Estate Account separate account charge is guaranteed not to exceed [2.5%] per year of average net assets. For For questions about the contract or for help to resolve a problem, contact us at the address or phone number above. Senior Vice President and President and Corporate Secretary Chief Executive Officer Group Flexible Premium Deferred Annuity Fixed and Variable Accumulations Nonparticipating IGRSP-TR INDEX ON NEXT PAGE 1 TIAA Retirement Choice Plus Annuity Contract INDEX OF PROVISIONS Section Section Accumulation - Definition 15 - Definition 1 - Effective Date 63 - Employee’s 7 - Restrictions 65 9 - Employee’s Investment Account 46 - Employee’s Traditional Annuity 40 - Investment Account 45 - Report of 80 - Traditional Annuity 39 Accumulation Units - Definition 44 - Number of 50 Additional Amounts 41 Assignment -Void and of no effect 83 Benefit Payment 51 Benefits Based on Incorrect Data 87 Business Day 3 Claims of Creditors - Protection Against 89 Commuted Value 4 Companion CREF Contract 35 Contestability 34 Contract 33 Correspondence with us 91 Custom Portfolios Model Service Program - CPMSP accumulation 6 - Definition 5 - Employee’s CPMSP accumulation 10 Death Benefit - Amount of Payments 56 - Beneficiary 2 - Definition 7 - Payment Methods 55 - Payments after Death of Beneficiary 57 Elections and Changes - Procedure for 84 Employee 8 Employer 11 Employer Plan 12 Employer Plan Fee Withdrawals 76 - Definition 13 ERISA 14 Forfeiture Account 15 Forfeiture Account Payment - Amount and Effective Date 59 Funding Vehicle 16 General Account 17 Gross Investment Factor 48 Income Benefit - Amount 54 - Options 52 - Post-mortem Payments 53 Investment Account 19 - Insulation of 78 - Modification of 79 Investment Company Act of 1940 81 IRC 20 Laws and Regulations - Compliance with 90 Lump-sum Benefit - Amout 63 Section - Availability 60 - Effective Date 62 Maturity Date 21 Net Investment Factor - For Other Investment Accounts 47 Ownership 82 Payee 21 Payment to an Estate, Trustee, etc 85 Plan Benefit Payment 58 Plan Directed Payment - From an Investment Account 66 - From the Traditional Annuity 65 Plan Expense Reimbursement Agreement 77 Premiums - Allocation of 37 - Payment of 36 - Taxes 38 Proof of Survival 88 Rate Schedule - Change of 92 - Definition 23 Real Estate Account - Definition of 42 Retirement Plan Loan - Amount and Effective Date 64 Revenue Credit Account 24 Revenue Credit Account Payment - Amount and Effective Date 60 Xxxx Accounting 74 Second Annuitant 25 Section 403(b) of the Internal Revenue Code 75 Separate Account - Charge 49 - Definition 26 Service of Process upon TIAA 86 Severance from Employment 27 Surrender Charge 28 Termination of Employment 29 TIAA Access Account 43 Traditional Annuity 30 Transfers - Crediting Internal Transfers 71 - Definition of Internal Transfer 18 - Effective Date of Transfers 70 - Internal Transfers from CREF 69 - Internal Transfers from or among Investment Accounts 67 - Restrictions on Transfers 72 - Restrictions on Transfers into the Real Estate - Employee’s Traditional Annuity 37 Account - Additional 66 - Investment Account 42 Investment Account 16 - Report of 75 - Insulation of 73 - Transfers from the Traditional Annuity 36 - Modification of 74 Accumulation Units Investment Company Act of 1940 76 - Definition 41 IRC 17 - Number of 47 Laws and Regulations - Compliance with 85 Additional Amounts 38 Lump-sum Benefit Assignment -Void and of no effect 78 ‑ Amount and Effective Date 59 Benefit Payment 48 ‑ Availability 58 Benefits Based on Incorrect Data 82 Maturity Date 18 Business Day 3 Net Investment Factor Claims of Creditors - Protection Against 84 - For Other Investment Accounts 44 Commuted Value 4 Ownership 77 Companion CREF Contract 32 Payee 19 Contestability 31 Payment to an Estate, Trustee, etc 80 Contract 30 Plan Benefit Payment 55 Correspondence with us 86 Plan Expense Reimbursement Agreement 70 Death Benefit Premiums ‑ Amount of Payments 53 - Allocation of 34 ‑ Beneficiary 2 ‑ Payment of 33 - Definition 5 - Taxes 35 ‑ Payment Methods 52 Proof of Survival 83 ‑ Payments after Death of Beneficiary 54 Rate Schedule Disruptive Transactions 72 - Change of 87 Elections and Changes ‑ Procedure for 79 - Definition 20 Employee 6 Real Estate Account Employer 8 - Definition of 39 Employer Plan 9 Retirement Plan Loan Employer Plan Fee Withdrawals 69 ‑ Amount and Effective Date 60 ‑ Definition 10 Revenue Credit Account 21 Equity Wash Restrictions 71 Revenue Credit Account Payment ERISA 11 ‑ Amount and Effective Date 57 Forfeiture Account 12 Xxxx Accounting 67 Forfeiture Account Payment Second Annuitant 22 ‑ Amount and Effective Date 56 Section 403(b) of the Internal Revenue Code 68 Funding Vehicle 12 Separate Account General Account 14 - Charge 46 Gross Investment Factor 45 - Definition 23 Income Benefit Service of Process upon TIAA 81 ‑ Amount 51 Severance from Employment 24 ‑ Options 49 Surrender Charge 25 ‑ Post-mortem Payments 50 TIAA Access Account 40 Internal Transfers Traditional Annuity 26 - Amount 62 Transfer Charge 27 - Availability 61 Valuation Day and Valuation Period 29 IGRSP-TR Page 2 32 TIAA Retirement Choice Plus Annuity Contract Account Specifications Page The following Investment Accounts are available as of the issue date of this contract. The employer plan may restrict the right to invest in some or all of the accounts: TIAA Real Estate Account: [TIAA Access Account Level [x] Subaccounts: [Account 1]: [Account 2]: [Account 3]: ]:] TIAA Retirement Choice Annuity Contract This page has been left blank intentionally. TIAA Retirement Choice Annuity Contract
Appears in 1 contract
Samples: Tiaa Separate Account Va-3
Investment Accounts. Each premium allocated to any of the Investment Accounts under this contract buys a number of accumulation units. Accumulations in the Investment Accounts are not guaranteed, and may increase or decrease depending on investment results. The separate account charges that apply to each Investment Account will reduce the net annual investment return. For all Investment Accounts other than the Real Estate Account, the separate account charge is guaranteed not to exceed [2.0%] per year of average net assets. The Real Estate Account separate account charge is guaranteed not to exceed [2.5%] per year of average net assets. For questions about the contract or for help to resolve a problem, contact us at the address or phone number above. Senior Vice President and President and Corporate Secretary Chief Executive Officer Group Flexible Premium Deferred Annuity Fixed and Variable Accumulations Nonparticipating IGRSPIGRS-TR INDEX ON NEXT PAGE Page 1 TIAA Retirement Choice Plus Annuity Contract INDEX OF PROVISIONS Section Section Accumulation - Definition 15 ‑ Amount 60 - Definition 1 - Effective Date 63 ‑ Availability 57 - Employee’s 7 - Restrictions 65 Effective Date 59 - Employee’s Investment Account 43 - Restrictions on Transfers into the Real Estate Maturity Date 18 - Employee’s Traditional Annuity 37 Account - Additional 66 Net Investment Factor - Investment Account 42 Investment Account 16 - Report of 75 - Insulation of 73 - Traditional Annuity 36 - Modification of 74 Accumulation Units Investment Company Act of 1940 76 - Definition 41 IRC 17 - Number of 47 Laws and Regulations - Compliance with 85 Additional Amounts 38 Lump-sum Benefit Assignment -Void and of no effect 78 ‑ Amount and Effective Date 59 Benefit Payment 48 ‑ Availability 58 Benefits Based on Incorrect Data 82 Maturity Date 18 Business Day 3 Net Investment Factor Claims of Creditors - Protection Against 84 - For Other Investment Accounts 44 Commuted Value 4 - Report of 75 Ownership 77 Companion CREF Contract 32 - Traditional Annuity 36 Payee 19 Contestability 31 18 Accumulation Units Payment to an Estate, Trustee, etc 80 Contract 30 - Definition 41 Plan Benefit Payment 55 - Number of 47 Plan Expense Reimbursement Agreement 72 Additional Amounts 38 Premiums Assignment -Void and of no effect 78 - Allocation of 34 Benefit Payment 48 ‑ Payment of 33 Benefits Based on Incorrect Data 82 - Taxes 35 Business Day 3 Proof of Survival 83 Claims of Creditors - Protection Against 84 Rate Schedule Commuted Value 4 - Change of 87 Companion CREF Contract 32 - Definition 20 Contestability 31 Real Estate Account Contract 30 - Definition of 39 Correspondence with us 86 Retirement Plan Expense Reimbursement Agreement 70 Loan Death Benefit Premiums ‑ Amount and Effective Date 61 ‑ Amount of Payments 53 - Allocation of 34 Revenue Credit Account 21 ‑ Beneficiary 2 ‑ Revenue Credit Account Payment of 33 - Definition 5 - Taxes 35 ‑ Amount and Effective Date 57 ‑ Payment Methods 52 Proof of Survival 83 Xxxx Accounting 69 ‑ Payments after Death of Beneficiary 54 Rate Schedule Disruptive Transactions 72 - Change of 87 Second Annuitant 22 Elections and Changes ‑ Procedure for 79 - Definition 20 Employee 6 Real Estate Account Employer 8 - Definition of 39 Employer Plan 9 Retirement Plan Loan Employer Plan Fee Withdrawals 69 ‑ Amount and Effective Date 60 ‑ Definition 10 Revenue Credit Account 21 Equity Wash Restrictions 71 Revenue Credit Account Payment ERISA 11 ‑ Amount and Effective Date 57 Forfeiture Account 12 Xxxx Accounting 67 Forfeiture Account Payment Second Annuitant 22 ‑ Amount and Effective Date 56 Section 403(b) of the Internal Revenue Code 68 Funding Vehicle 12 70 Employee 6 Separate Account General Account 14 Employer 8 - Charge 46 Gross Investment Factor 45 Employer Plan 9 - Definition 23 Income Benefit Employer Plan Fee Withdrawals 71 Service of Process upon TIAA 81 ‑ Amount 51 Definition 10 Severance from Employment 24 ERISA 11 Surrender Charge 25 Forfeiture Account 12 Termination of Employment 26 Forfeiture Account Payment TIAA Access Account 40 ‑ Amount and Effective Date 56 Traditional Annuity 27 Funding Vehicle 13 Transfers General Account 14 - Crediting Internal Transfers 66 Gross Investment Factor 45 - Definition of Internal Transfer 15 Income Benefit - Effective Date of Transfers 65 ‑ Amount 51 - Internal Transfers from CREF 64 ‑ Options 49 Surrender Charge 25 - Internal Transfers from ‑ Post-mortem Payments 50 TIAA Access or among Investment Accounts 62 Investment Account 40 Internal 16 - Restrictions on Transfers 67 ‑ Insulation of 72 - Restrictions on Transfers into the Real Estate ‑ Modification of 74 Account - Additional 68 Investment Company Act of 1940 76 - Transfers from the Traditional Annuity 26 - Amount 62 Transfer Charge 27 - Availability 61 63 IRC 17 Valuation Day and Valuation Period 29 IGRSPLaws and Regulations - Compliance with 85 Lump-TR Page 2 sum Benefit TIAA Retirement Choice Plus Annuity Contract Account Specifications Page The following Investment Accounts are available as of the issue date of this contract. The employer plan may restrict the right to invest in some or all of the accounts: TIAA Real Estate Account: [TIAA Access Account Level [x] Subaccounts: [Account 1]: [Account 2]: [Account 3]: ]] TIAA Retirement Choice Annuity Contract This page has been left blank intentionally. TIAA Retirement Choice Annuity Contract
Appears in 1 contract
Samples: Tiaa Real Estate Account
Investment Accounts. Each premium allocated to any of the Investment Accounts under this contract buys a number of accumulation units. Accumulations in the Investment Accounts are not guaranteed, and may increase or decrease depending on investment results. The separate account charges that apply to each Investment Account will reduce the net annual investment return. For all Investment Accounts other than the Real Estate Account, the separate account charge is guaranteed not to exceed [2.0%] per year of average net assets. The Real Estate Account separate account charge is guaranteed not to exceed [2.5%] per year of average net assets. For questions about the contract or for help to resolve a problem, contact us at the address or phone number above. Senior Vice President and President and Corporate Secretary Chief Executive Officer Group Flexible Premium Deferred Annuity Fixed and Variable Accumulations Nonparticipating IGRSP-TR INDEX ON NEXT PAGE 1 TIAA Retirement Choice Plus Annuity Contract INDEX OF PROVISIONS Section Section Accumulation - Definition 15 - Definition 1 - Effective Date 63 - Employee’s 7 - Restrictions 65 - Employee’s Investment Account 43 - Restrictions on Transfers into the Real Estate - Employee’s Traditional Annuity 37 Account - Additional 66 - Investment Account 42 Investment Account 16 - Report of 75 - Traditional Annuity 36 Accumulation Units - Definition 41 - Number of 47 Additional Amounts 38 Assignment -Void and of no effect 78 Benefit Payment 48 Benefits Based on Incorrect Data 82 Business Day 3 Claims of Creditors - Protection Against 84 Commuted Value 4 Companion CREF Contract 32 Contestability 31 Contract 30 Correspondence with us 86 Death Benefit - Amount of Payments 53 - Beneficiary 2 - Definition 5 - Payment Methods 52 - Payments after Death of Beneficiary 54 Elections and Changes - Procedure for 79 Employee 6 Employer 8 Employer Plan 9 Employer Plan Fee Withdrawals 71 - Definition 10 ERISA 11 Forfeiture Account 12 Forfeiture Account Payment - Amount and Effective Date 56 Funding Vehicle 13 General Account 14 Gross Investment Factor 45 Income Benefit - Amount 51 - Options 49 - Post-mortem Payments 50 Investment Account 16 - Insulation of 73 - Traditional Annuity 36 - Modification of 74 Accumulation Units Investment Company Act of 1940 76 - Definition 41 IRC 17 - Number of 47 Laws and Regulations - Compliance with 85 Additional Amounts 38 Lump-sum Benefit Assignment -Void and of no effect 78 ‑ Section - Amount and 60 - Availability 58 - Effective Date 59 Benefit Payment 48 ‑ Availability 58 Benefits Based on Incorrect Data 82 Maturity Date 18 Business Day 3 Net Investment Factor Claims of Creditors - Protection Against 84 - For Other Investment Accounts 44 Commuted Value 4 Ownership 77 Companion CREF Contract 32 Payee 19 Contestability 31 Payment to an Estate, Trustee, etc 80 Contract 30 Plan Benefit Payment 55 Correspondence with us 86 Plan Expense Reimbursement Agreement 70 Death Benefit 72 Premiums ‑ Amount of Payments 53 - Allocation of 34 ‑ Beneficiary 2 ‑ - Payment of 33 - Definition 5 - Taxes 35 ‑ Payment Methods 52 Proof of Survival 83 ‑ Payments after Death of Beneficiary 54 Rate Schedule Disruptive Transactions 72 - Change of 87 Elections and Changes ‑ Procedure for 79 - Definition 20 Employee 6 Real Estate Account Employer 8 - Definition of 39 Employer Plan 9 Retirement Plan Loan Employer Plan Fee Withdrawals 69 ‑ - Amount and Effective Date 60 ‑ Definition 10 61 Revenue Credit Account 21 Equity Wash Restrictions 71 Revenue Credit Account Payment ERISA 11 ‑ - Amount and Effective Date 57 Forfeiture Account 12 Xxxx Accounting 67 Forfeiture Account Payment 69 Second Annuitant 22 ‑ Amount and Effective Date 56 Section 403(b) of the Internal Revenue Code 68 Funding Vehicle 12 70 Separate Account General Account 14 - Charge 46 Gross Investment Factor 45 - Definition 23 Income Benefit Service of Process upon TIAA 81 ‑ Amount 51 Severance from Employment 24 ‑ Options 49 Surrender Charge 25 ‑ Post-mortem Payments 50 Termination of Employment 26 TIAA Access Account 40 Traditional Annuity 27 Transfers - Crediting Internal Transfers 66 - Definition of Internal Transfer 15 - Effective Date of Transfers 65 - Internal Transfers from CREF 64 - Internal Transfers from or among Investment Accounts 62 - Restrictions on Transfers 67 - Restrictions on Transfers into the Real Estate Account - Additional 68 - Transfers from the Traditional Annuity 26 - Amount 62 Transfer Charge 27 - Availability 61 63 Valuation Day and Valuation Period 29 IGRSP-TR Page 2 TIAA Retirement Choice Plus Annuity Contract Account Specifications Page The following Investment Accounts are available as of the issue date of this contract. The employer plan may restrict the right to invest in some or all of the accounts: TIAA Real Estate Account: [TIAA Access Account Level [x] Subaccounts: [Account 1]: [Account 2]: [Account 3]: ]] TIAA Retirement Choice Annuity Contract This page has been left blank intentionally. TIAA Retirement Choice Annuity Contract
Appears in 1 contract
Samples: Tiaa Separate Account Va-3
Investment Accounts. Each premium allocated to any of the Investment Accounts under this contract buys a number of accumulation units. Accumulations in the Investment Accounts are not guaranteed, and may increase or decrease depending on investment results. The separate account charges that apply to each Investment Account will reduce the net annual investment return. For all Investment Accounts other than the Real Estate Account, the separate account charge is guaranteed not to exceed [2.0%] per year of average net assets. The Real Estate Account separate account charge is guaranteed not to exceed [2.5%] per year of average net assets. For questions about the contract or for help to resolve a problem, contact us at the address or phone number above. Senior Vice President and President and Corporate Secretary Chief Executive Officer Group Flexible Premium Deferred Annuity Fixed and Variable Accumulations Nonparticipating IGRSP-TR INDEX ON NEXT PAGE 1 TIAA Retirement Choice Plus Annuity Contract INDEX OF PROVISIONS Section Section Accumulation - Definition 15 - Definition 1 - Effective Date 63 - Employee’s 7 - Restrictions 65 10 - Employee’s Investment Account 43 47 - Employee’s Traditional Annuity 41 - Investment Account 46 - Report of 81 - Traditional Annuity 40 Accumulation Units - Definition 45 - Number of 51 Additional Amounts 42 Assignment -Void and of no effect 84 Benefit Payment 52 Benefits Based on Incorrect Data 88 Business Day 3 Claims of Creditors - Protection Against 90 Commuted Value 4 Companion CREF Contract 36 Contestability 35 Contract 34 Coordinated Transactions 5 Correspondence with us 92 Custom Portfolios Model Service Program - CPMSP accumulation 7 - Definition 6 - Employee’s CPMSP accumulation 11 Death Benefit - Amount of Payments 57 - Beneficiary 2 - Definition 8 - Payment Methods 56 - Payments after Death of Beneficiary 58 Disruptive Transactions 78 Elections and Changes - Procedure for 85 Employee 9 Employer 12 Employer Plan 13 Employer Plan Fee Withdrawals 75 - Definition 14 Equity Wash Restrictions 77 ERISA 15 Forfeiture Account 16 Forfeiture Account Payment - Amount and Effective Date 60 Funding Vehicle 17 General Account 18 Gross Investment Factor 49 Income Benefit - Amount 55 - Options 53 - Post-mortem Payments 54 Internal Transfers - Amount 68 - Availability 67 - Crediting 70 Section - Definition 19 - Effective Date 69 - Restrictions 71 - Restrictions on Transfers into the Real Estate - Employee’s Traditional Annuity 37 Account - Additional 66 - 72 Investment Account 42 Investment Account 16 - Report of 75 20 - Insulation of 73 - Traditional Annuity 36 79 - Modification of 74 Accumulation Units 80 Investment Company Act of 1940 76 - Definition 41 82 IRC 17 - Number of 47 21 Laws and Regulations - Compliance with 85 Additional Amounts 38 91 Lump-sum Benefit Assignment -Void and of no effect 78 ‑ - Amount and Effective Date 59 Benefit Payment 48 ‑ 63 - Availability 58 Benefits Based on Incorrect Data 82 62 Maturity Date 18 Business Day 3 22 Net Investment Factor Claims of Creditors - Protection Against 84 - For Other Investment Accounts 44 Commuted Value 4 48 Ownership 77 Companion CREF Contract 32 83 Payee 19 Contestability 31 23 Payment to an Estate, Trustee, etc 80 Contract 30 86 Plan Benefit Payment 55 Correspondence with us 86 59 Plan Directed Payments - From an Investment Account 66 - From the Traditional Annuity 65 Plan Expense Reimbursement Agreement 70 Death Benefit 76 Premiums ‑ Amount of Payments 53 - Allocation of 34 ‑ Beneficiary 2 ‑ 38 - Payment of 33 - Definition 5 37 - Taxes 35 ‑ Payment Methods 52 39 Proof of Survival 83 ‑ Payments after Death of Beneficiary 54 89 Rate Schedule Disruptive Transactions 72 - Change of 87 Elections and Changes ‑ Procedure for 79 93 - Definition 20 Employee 6 24 Real Estate Account Employer 8 - Definition of 39 Employer Plan 9 43 Retirement Plan Loan Employer Plan Fee Withdrawals 69 ‑ - Amount and Effective Date 60 ‑ Definition 10 64 Revenue Credit Account 21 Equity Wash Restrictions 71 25 Revenue Credit Account Payment ERISA 11 ‑ - Amount and Effective Date 57 Forfeiture Account 12 61 Xxxx Accounting 67 Forfeiture Account Payment 73 Second Annuitant 22 ‑ Amount and Effective Date 56 26 Section 403(b) of the Internal Revenue Code 68 Funding Vehicle 12 74 Separate Account General Account 14 - Charge 46 Gross Investment Factor 45 50 - Definition 23 Income Benefit 27 Service of Process upon TIAA 81 ‑ Amount 51 87 Severance from Employment 24 ‑ Options 49 28 Surrender Charge 25 ‑ Post-mortem Payments 50 29 TIAA Access Account 40 Internal Transfers 44 Traditional Annuity 26 - Amount 62 30 Transfer Charge 27 - Availability 61 31 Valuation Day and Valuation Period 29 33 IGRSP-TR TR01 Page 2 TIAA Retirement Choice Plus Annuity Contract Account Specifications Page The following Investment Accounts are available as of the issue date of this contract. The employer plan may restrict the right to invest in some or all of the accounts: TIAA Real Estate Account: [TIAA Access Account Level [x] Subaccounts: [Account 1]: [Account 2]: [Account 3]:] TIAA Retirement Choice Plus Annuity Contract For the purposes of section 77, competing funds will be defined as any of the following: ]• [Any money market fund] • [Any short-term bond fund or other fund comprised primarily of short-term bonds with an average duration of three years or less] • [The TIAA Real Estate Account] • [The TIAA Traditional Annuity] • [The TIAA Stable Value Separate Account-1 (SVSA-1)] • [The fixed or general account component of any other annuity contract or certificate under which the individual contract owner, certificate owner, or individual on whose behalf an individually allocated accumulation is being recorded under the terms of such contract, may be allowed, under the terms of such contract or certificate, to make discretionary withdrawals of his or her accumulations at any time, regardless of whether or not such withdrawals would be subject to a surrender charge.] • [A self-directed brokerage account] • [Specific fund names] [If additional funding options are added to the employer plan after the issue date of the contract, TIAA reserves the right to determine at such time whether such funding options will be considered competing funds.] [The following funds will not be considered competing funds as of the date of issue of the contract:] • [All funding options available as of the date of issue that are not described above as Competing Funds] • [Fund name] • [Fund name] [TIAA reserves the right to recategorize any of these funds as competing funds if it determines that a change in the fund’s investment practices and/or objectives warrants such a recategorization.] TIAA Retirement Choice Plus Annuity Contract
Appears in 1 contract
Samples: Tiaa Separate Account Va-3
