TIAA Cref Accounts

Thanks for the question. In short neither the TIAA or the Cref is insured through the FDIC as a bank account would be. However, the TIAA part is an insurance contract and in NY is a very safe investment. It has it's own type of guarantee through the NYS Insurance Dept. The Cref part of your portfolio is going to fluctuate with the market depending on the type of investments that you have chosen. -Glenn Wiggle