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Annuitizing a 403(b) at TIAA
Annuitizing a 403(b) at TIAA I will retire in a few years and have a 403(b) from a previous university employer sitting at TIAA. Upon my retirement I want the 403(b) to generate a steady monthly payout for life that’s not subject to market volatility. It will be a major source of retirement income for me. A TIAA advisor told me that since “mutual funds cannot be annuitized”...
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