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CASH WITHDRAWAL from your After-Tax Annuity IMPORTANT INFORMATION PLEASE READ BEFORE FILLING OUT FORM Questions For account information to check the status of your request or any other questions call 800 223-1200 Monday - Friday 8 a*m* - 6 p*m* ET. General Information Any tax information included in this written or electronic communication was not intended or written to be used and it cannot be used by the taxpayer for the purpose of avoiding any penalties that may be imposed on the taxpayer by ...

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What is happening to TIAA?

TIAA Completes Sale of TIAA Bank to Private Investors; Bank Now Doing Business as EverBank. Company retains a board seat and a non-controlling ownership stake in the bank, which will continue to serve TIAA retirement participants. As a newly independent company, EverBank to focus on nationwide growth and innovation.

Was TIAA-CREF ?

Both of the security notices confirm that TIAA was affected by hackers widespread exploitation of a flaw in MOVEit Transfer, an enterprise file transfer tool developed by Progress Software.

What is the trouble with TIAA?

Three participants in separate defined contribution plans sued TIAA in October for its role as a record keeper, accusing it, among other things, of fraudulent sales practices to encourage participants to invest in higher-cost investment options.

When did TIAA drop CREF?

TIAA was formerly also part of the College Retirement Equities Fund (CREF), which spun off as a separate entity in 2016. Prior to 1997, TIAA-CREF operated as a nonprofit.

Why is TIAA selling its bank?

TIAA undertook this transaction from a position of financial strength, and the close of the bank sale marks an important execution milestone in pursuing our strategic focus on providing a secure retirement for our millions of clients, said David Nason, TIAA Chief Operating Officer, President of TIAA Wealth Management

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What is the TIAA controversy?

TIAA has faced a growing backlash over its farmland investments from its own pensioners. Last year, hundreds of academics wrote a formal complaint urging the fund to divest from assets that drive pollution and deforestation, or involve illegally acquired land.

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