Ink runs out. Guaranteed lifetime retirement income from TIAA doesn't. Give your employees the confidence of guaranteed monthly income for life. Learn more at TIAA.org/NeverRunOut-Solutions INVESTING ADVICE BANKING RETIREMENT This material is for informational or educational purposes only and does not constitute investment advice under ERISA. This material does not take into account any specifi c objectives or circumstances of any particular investor, or suggest any specifi c course of action. Investment decisions should be made based on the investor's own objectives and circumstances. Annuities issued by Teachers Insurance and Annuity Association of America (TIAA), New York, NY. Any guarantees under annuities issued by TIAA are subject to TIAA's claims-paying ability. ©2019 Teachers Insurance and Annuity Association of America-College Retirement Equities Fund, 730 Third Avenue, New York, NY 10017. 898644 FOR INSTITUTIONAL USE ONLY. NOT FOR USE WITH OR DISTRIBUTION TO THE RETAIL PUBLIC.http://www.plansponsordigital.com/plansponsor/august-september_2019/TrackLink.action?pageName=3&exitLink=http%3A%2F%2FTIAA.org%2FNeverRunOut-Solutions