- TIAA is a financial services company specializing in retirement plans, insurance, and investment services, with an annual revenue of $40.9 billion and a strong focus on providing lifetime financial security to clients in education, healthcare, and nonprofit sectors.
- In January 2026, TIAA launched the TIAA MyChoice MYGA, an industry-first flexible premium multi-year guaranteed annuity, offering competitive guaranteed rates and greater consumer flexibility for retirement planning needs.
- TIAA has partnered with Kansas State Treasurer Steven Johnson to manage the state's $14.9 billion 529 post-secondary education savings program, expected to deliver $38 million in annual savings to account owners and families.
- TIAA's ideal buyers are individuals and families seeking secure retirement solutions, particularly in the education sector, as they address the growing need for guaranteed income products amid economic uncertainty.
TIAA's workforce is organized into 19 departments, with Operations leading at 1,682 employees, followed closely by Finance at 1,366 and Information Technology at 994. This distribution indicates a strong emphasis on operational efficiency and financial management, essential for a life and health insurance provider. The presence of significant headcount in Engineering and Community and Social Services also reflects the company's commitment to innovation and social responsibility.
TIAA operates across 420 locations, with a notable concentration in New York, NY, housing 1,494 employees, and Charlotte, NC, with 1,095 employees. This geographic distribution suggests a strategic focus on major urban centers while also maintaining a diverse presence across other regions. The 'Other' category, comprising 3,653 employees, indicates a substantial remote or distributed workforce, enhancing the company's operational flexibility.
