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Stock impact report

TIAA Traditional Interest Rates Remain High [MarketWatch]

SEI Investments Company (SEIC) 
Last sei investments company earnings: 4/23 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: seic.com/investor-relations
Company Research Source: MarketWatch
Advertisement NEW YORK, March 4, 2024 Competitive interest rates continue providing additional growth beyond guarantees NEW YORK, March 4, 2024 /PRNewswire/ -- TIAA is continuing to offer competitive interest rates on TIAA Traditional, enhancing the retirement security for over two million Americans who are accumulating savings through the company's flagship fixed annuity product. Advertisement These rates include an expected $2.6 billion above the contractually guaranteed interest rates this year. TIAA has credited interest and benefits above the guaranteed minimum every year since 1948.(i) "For over 100 years, our flagship product, the TIAA Traditional annuity, has helped millions of participants build and prepare a solid retirement foundation," said Colbert Narcisse, chief product and business development officer at TIAA. "TIAA stands apart by offering the opportunity for interest beyond the guarantees through our sharing the profits approach.(ii) " In addition, TIAA Show less Read more
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