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You will receive income as long as you live. However, income is reduced to two-thirds of the amount after the death of either you or your annuity partner. You will receive income as long as you live. If you die first, your annuity partners income is reduced to 75% of the original amount.
The TIAA Spousal Waiver form is a document used when an individual wishes to waive their rights to a portion of their spouses retirement plan benefits, such as a 401(k) or 403(b). This waiver is generally used when a couple decides to divorce and one spouse wishes to keep all of their own retirement benefits.
On August 5, three Named Plaintiffs sued TIAA and Morningstar in the S.D.N.Y., claiming Defendants engaged in a scheme to enhance corporate profits by counseling participants to invest in two of TIAAs most lucrative investment vehicles. Plaintiffs target ERISA and non-ERISA plans.
This is often called an annuity. After you die, the QJSA payment form will pay your spouse an amount not less than 50% (and not more than 100%) of the retirement benefit that was paid to you while you were alive.
A survivors benefit is such an important benefit that you have to sign a waiver or spousal consent form in order to give up your right to your spouses survivor benefits.
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Annuity for Life with Return of Purchase Price - Subscriber will get annuity for life time and on death of the Subscriber, payment of annuity ceases 100% of the purchase price will be returned to the nominee(s).
You should designate someone to notify TIAA-CREF promptly of your death. This individual should call us at 800 842-2776. In turn, we will prepare illustrations and information for your beneficiar- ies so that ownership is transferred to them and they may take control of their share of the benefits.

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