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TIAA Supports Bipartisan IGNITE HBCU Excellence Act
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TIAA Annuitants Who Stayed the Course Enjoy Historic CREF Payment Increases
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NEW YORK, April 15, 2021 /PRNewswire/ More than half of U.S. adults consider their household finances to have changed significantly due to the COVID-19 pandemic, according to a new survey by TIAA. Nearly one third of all Americans (29%) say they are worse off and approximately one quarter (24%) report that they are better off financially.
Notably, 37% of households making less than $50,000 per year describe themselves as worse off because of the pandemic. In stark contrast, only 15% of households making more than $100,000 a year describe themselves as worse off.
Survey suggests the pandemic s deceleration holds different promises for those who consider themselves better or worse off
8 TIAA Clients Recognized for Excellence in Investment and Financial Education
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NEW YORK, March 9, 2021 /PRNewswire/ TIAA and eight of the retirement provider s defined contribution clients across different segments won eight 2021 Eddy Awards for campaigns that excelled at providing investment and financial education to retirement plan participants.
Pensions & Investments, a publication for pension, portfolio and investment management executives, sponsors the annual awards program and announced the honors on March 9. The full list of winners will be published in print and online on March 22. Collaborating with our clients to develop creative strategies to support employee financial well-being is why TIAA exists, and it s what we ve done for more than 100 years, said Paul DiCesare, of TIAA s Workplace Retirement Enrollment and Education team. It s great that our clients commitment to building participant financial well
TIAA’s New Era: JPMorgan’s Thasunda Duckett named President and CEO
As the new chief of TIAA, Thasunda Brown Duckett will become the third black female CEO currently in the Fortune 500, and the second announced this year. PUBLISHED BY
Chase Consumer Banking, a JPMorgan division, is heading over to
The Teachers Insurance and Annuity Association of America-College Retirement Equities Fund or
TIAA, as chief executive officer and president.
Duckett, 47, will be heading the $1.3 trillion investment management fund. She is one of the few prominent black Fortune 500 CEOs on Wall Street.
Thasunda Duckett will replace Roger Ferguson, who will retire in May after 13 years in the CEO post. The investment industry is in a sort of upheaval with tightening margins due to low cost, safe investments and small investors driving the market.
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