Start planning today to save more for tomorrow

For early career employees at theUniversity of Northern Iowa

TIAA-CREF Financial Essentials

Who we are

Today, 3.7 million individuals and more than 15,000 institutions rely on TIAA-CREF.

Since 1918, TIAA-CREF participants have received a total of $316.8 billion in annuity payments and other benefits.*

Over 95 years of service to education, research and cultural institutions. Founded by Andrew Carnegie Foundation.

One of the world’s largest retirement systems, with more than $520 billion in combined assets*

Start Today

* As of December 31, 2011. Other benefits from TIAA and CREF include: Additional amounts paid on TIAA Traditional annuity contracts above the guaranteed rate, surrender benefits and other withdrawals, death benefits, health insurance and disability insurance benefits, and all other policy proceeds paid.

Defined Contribution Plan:

If you elect to enroll with TIAA-CREF:

Contributions: Employee = 3/33% on the first $4,800, then 5%

UNI = 6.66% on the first $4,800, then 10% thereafter.

You are immediately vested in all contributions!

Contributions are allocated to the appropriate age-based TIAA-CREF Lifecycle fund as a default.

Your estate is the designated beneficiary as a default.

It is important to update your allocation and your beneficiary designation.

You bear the investment risk which can result in higher or lower balances. Investing in securities involves risk including loss of principal.

This slide highlights only some features of the plan. Please consult the respective plan documents for a more complete description. In the event of any inconsistency between this summary and the plan documents, the plan documents will govern.

How TIAA-CREF helps you plan

History of consistent mutual fund and variable annuity performance*

Some of the industry’s lowest expenses**

Personal, objective advice

A wide array of products

Availability to meet at our office or yours

TIAA-CREF Advantage

* Past performance does not guarantee future results.** The expense ratio on all mutual fund products and Variable Annuity Accounts managed by TIAA-CREF is

generally less than half the mutual fund industry average. Source: Morningstar Direct (September 2012), based on Morningstar expense comparisons by category.

We offer a variety of savings choices

TIAA-CREF Advantage

* Any guarantees under annuities issued by TIAA are subject to TIAA's claims-paying ability. TIAA Traditional is a guaranteed insurance contract and not an investment for Federal Securities Law purposes.

Investment option availability is subject to your institution’s plan provisions and contract type.Real estate securities are subject to various risks, including fluctuations in property values, higher expenses or lower income than expected, and

potentialenvironmental problems and liability.Investments in mutual funds and variable annuities involve market and other risks. Because their social screens exclude some investments, the CREFSocial Choice Account may not be able to take advantage of the same opportunities or market trends as accounts that do not use such criteria.

TIAA Traditional Annuity

Seeks to provide stability through guaranteed* returns, which can serve as the foundation of a diversified portfolio.

TIAA Real EstateAccount (variable annuity)

Diversification in directly owned commercial real estate investments for rental income and capital appreciation.

CREF Social Choice Account (variable annuity)

Socially responsible investing that screens the types of companies and investments the account will hold.

Allocation strategies with TIAA-CREF Annuity Accounts

Allocate assets instead of timing the market

* Guarantees based upon TIAA’s claims-paying ability. TIAA Traditional is a guaranteed insurance contract and not an investment for Federal Securities Law purposes.

** NOTE: An investment in the CREF Money Market Account is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.

Annuity account options are available through contracts issued by TIAA or CREF. These contracts are designed for retirement or other long-term goals, andoffer a variety of income options, including lifetime income. Payments from the variable annuity accounts are not guaranteed and will rise or fall based oninvestment performance.

Real Estate Guaranteed Money Market Fixed Income Equities

TIAATraditional Annuity*

TIAA Real Estate

CREF Money

Market**

CREF Bond Market

Inflation-Linked Bond

CREF GrowthCREF Equity Index

CREF GlobalEquities

CREF Stock

CREF Social Choice

Ris

k le

vel

Low

Hig

h

Two ways to allocate your portfolio

Choose a Lifecycle Fund — A one-step investment choice

Create your own — customize your allocation to your preferences

Asset Allocation Evaluator at tiaa-cref.org.

Complete the Risk Tolerance Questionnaire.

Select the investment choices based on the asset classes in the portfolio and your individual risk profile.

Let us help you design a portfolio that’s right for you.

Asset Allocation

Lifecycle Funds provide age-appropriate allocations

As with all mutual funds, the principal value of a Lifecycle Fund isn’t guaranteed. Also, please note that the target date of the Lifecycle Fund is an approximate date when investors may plan to begin withdrawing from the fund. Approximately seven to ten years after a Lifecycle Fund’s target date, the fund may merge into the Lifecycle Retirement Income Fund or a similar fund.

Fixed-Income Funds Equity Funds

2055 Fund 2045 Fund 2040 Fund 2035 Fund

2030 Fund 2025 Fund 2020 Fund 2015 Fund 2010 Fund Retirement Income Fund

2050 Fund

Asset Allocation

The charts are only visual representations of the target date, fixed income and equity percentages. Please refer to the prospectus for the funds for more details on asset allocation for each of the target date funds.

TIAA-CREF Lifecycle Funds share the risks associated with the types of securities held by each of the underlying funds in which they invest. In addition to the fees and expenses associated with the Lifecycle Funds, there is exposure to the fees and expenses associated with the underlying mutual funds as well.

Online tools to help you plan for retirement

Asset allocation evaluator Recommends a portfolio of investments in just a few minutes to help you develop a portfolio that fits your investment style

Retirement goal evaluatorHelps you determine whether you’re saving enough to meet your goals

Maximize tax deferral calculatorsShows you how to take full advantage of your retirement plan contributions

Visit tiaa-cref.org for these and additional tools to help you effectively save for retirement

Asset Allocation

At no additional cost to you, our advice and guidance can help you achieve your goals Receive objective and personalized recommendations

Determine if you’re saving enough to achieve your goals

Choose the appropriate investment mix

Consolidate assets, where appropriate, to better manage your portfolio

Start Today

Sign up for your plan today

No One Can Make This Decision For You

If you choose the defined contribution plan, it’s easy to sign up with TIAA-CREF.

If you’re still undecided, please let us know how we can help. We can give you the guidance and information you need to help make your decision.

Remember, you have only 30 days from your hire date to decide!

Remember, your decision is irrevocable.

Start Today

To enroll with TIAA-CREF, complete the Retirement Benefit Election form

AND enroll on-line via this micro site. www.tiaa-cref.org/uni

Enroll now

For an appointment, call the local TIAA-CREF office: 319-356-8000 327 2nd St., Suite 350Coralville, IA 52241

Enroll now

Get started today Sign up right now Call us at 800 842-2252 Visit us at tiaa-cref.org

Keep in touch with TIAA-CREF

iPhone App

Become a Fan

Facebook.com/TIAA-CREF

Join your peers in

redefining retirement

Follow us on

Twitter.com/TC_Talks

iTunes podcasts

tiaa-cref.org© 2013 Teachers Insurance and Annuity Association – College Retirement Equities Fund (TIAA-CREF), 730 Third Avenue, New York, NY 10017C7734

TIAA-CREF products may be subject to market and other risk factors. See the applicable product literature, or visit tiaa-cref.org for details.

Investment products, insurance products and annuity products: are not FDIC insured, are not bank guaranteed, are not bank deposits, are not insured by any federal government agency, are not a condition to any banking service or activity, and may lose value.

You should consider the investment objectives, risks, charges and expenses carefully before investing. Please call 877 518-9161 or visit www.tiaa-cref.org/prospectuses for a prospectus that contains this and other information. Please read the prospectus carefully before investing.

TIAA-CREF Individual & Institutional Services, LLC and Teachers Personal Investors Services, Inc., members FINRA, distribute securities products. Annuity contracts and certificates are issued by Teachers Insurance and Annuity Association (TIAA) and College Retirement Equities Fund (CREF), New York, NY.

.