Additionally, potential and current clients should note that advisors at TIAA are paid in two separate ways: through a salary and a discretionary annual variable bonus. … Each of the above arrangements could incentivize employees to make recommendations that may not be in line with clients’ needs.
One may also ask, is TIAA a registered investment advisor?
One of our representatives will call you at your convenience. Advisory services are provided by Advice & Planning Services, a division of TIAA-CREF Individual & Institutional Services, LLC, a registered investment adviser. … Investment decisions should be made based on the investor’s own objectives and circumstances.
Moreover, why did TIAA send me a check?
If you have after-tax contributions and the plan receiving your direct rollover can’t accept them, we’ll send you a check for that amount to your mailing address on file. Do not include in my rollover. TIAA will send you a check. Do you want federal taxes withheld from the pretax amount you’re converting to a Roth IRA?