Common use of Employee’s Traditional Annuity accumulation Clause in Contracts

Employee’s Traditional Annuity accumulation. Except as described in section 28, TIAA will maintain Traditional Annuity accumulations on behalf of each employee in whose name amounts are credited to the Traditional Annuity under the contract. An employee’s Traditional Annuity accumulation is the amount so held under the contract for that employee. Any amounts added to or deducted from the Traditional Annuity accumulation under this contract will be attributed to individual employees’ Traditional Annuity accumulations, as applicable, in accordance with the terms of the employer plan. Employees’ rights with respect to these accumulations are those in accordance with the terms of the employer plan. If an employee has a severance from employment with the employer and fails to satisfy the vesting requirements of the employer plan, then in accordance with the terms of the employer plan, the amount of that employee’s accumulation may be applied to a forfeiture account where it will be maintained as an unallocated accumulation as described in section 28. An employee’s Traditional Annuity accumulation is, with respect to amounts recorded and transactions made on behalf of that employee, the sum of: A) all premiums allocated to the Traditional Annuity; plus B) interest credited by TIAA at the guaranteed accumulation interest rate set forth in the rate schedule; plus C) any additional amounts credited to the Traditional Annuity by TIAA; plus D) any internal transfers to the Traditional Annuity; less E) any premium taxes incurred by TIAA for the Traditional Annuity; less F) any employer plan fee withdrawals and any minimum distribution payments paid from the Traditional Annuity; less G) any charges for expenses and contingencies deducted by TIAA as set forth in the rate schedule; less H) any amounts deducted to provide any form of Traditional Annuity benefit payments; less I) any internal transfers from the Traditional Annuity; less J) any amounts forfeited as described above; less K) any surrender charges and/or transfer charges assessed by TIAA as set forth in the rate schedule.

Employee’s Traditional Annuity accumulation. Except as described in section 28, TIAA will maintain nominal Traditional Annuity accumulations on behalf of each employee in whose name amounts are credited to the Traditional Annuity under the contract. An employee’s Traditional Annuity accumulation is the amount so held under the contract for that employee. Any amounts added to or deducted from the Traditional Annuity accumulation under this contract will be attributed to individual employees’ Traditional Annuity accumulations, as applicable, accumulations in accordance with the terms instructions of the employer plancontractholder. EmployeesThe contractholder owns all employees’ Traditional Annuity accumulations under the contract. Employees have no ownership rights with respect to these accumulations are those in accordance with the terms of the employer plan. If an employee has a severance from employment with the employer and fails to satisfy the vesting requirements of the employer plan, then in accordance with the terms of the employer plan, the amount of that employee’s accumulation may be applied to a forfeiture account where it will be maintained as an unallocated accumulation as described in section 28accumulations. An employee’s Traditional Annuity accumulation is, with respect to amounts recorded and transactions made on behalf of that employee, the sum of: A) all premiums allocated to the Traditional Annuity; plus B) interest credited by TIAA at the guaranteed accumulation interest rate set forth in the rate schedule; plus C) any additional amounts credited to the Traditional Annuity by TIAA; plus D) any internal transfers to the Traditional Annuity; less E) any premium taxes incurred by TIAA for the Traditional Annuity; less F) any employer plan fee withdrawals withdrawals, interest payments, plan benefit payments, forfeiture reallocation payments, lump-sum benefits and any minimum distribution payments paid from the Traditional Annuity; less G) any charges for expenses and contingencies deducted by TIAA as set forth in the rate schedule; less H) any amounts deducted to provide any form of an annuity income option or a death benefit payment method from the Traditional Annuity benefit paymentsAnnuity; less I) any internal transfers from the Traditional Annuity; less J) any amounts forfeited as described abovecontractholder payments paid from the Traditional Annuity; less K) any surrender charges and/or transfer charges assessed by TIAA as set forth in the rate schedule.

Employee’s Traditional Annuity accumulation. Except as described in section 28, TIAA will maintain Traditional Annuity accumulations on behalf of each employee in whose name amounts are credited to the Traditional Annuity under the contract. An employee’s Traditional Annuity accumulation is the amount so held under the contract for that employee. Any amounts added to or deducted from the Traditional Annuity accumulation under this contract will be attributed to individual employees’ Traditional Annuity accumulations, as applicable, in accordance with the terms of the employer plan. Employees’ rights with respect to these accumulations are those in accordance with the terms of the employer plan. If an employee has a severance from employment with the employer and fails to satisfy the vesting requirements of the employer plan, then in accordance with the terms of the employer plan, the amount of that employee’s accumulation may be applied to a forfeiture account where it will be maintained as an unallocated accumulation as described in section 28. An employee’s Traditional Annuity accumulation is, with respect to amounts recorded and transactions made on behalf of that employee, the sum of: A) all premiums allocated to the Traditional Annuity; plus B) interest credited by TIAA at the guaranteed accumulation interest rate set forth in the rate schedule; plus C) any additional amounts credited to the Traditional Annuity by TIAA; plus D) any internal transfers to the Traditional Annuity; less E) any premium taxes incurred by TIAA for the Traditional Annuity; less F) any employer plan fee withdrawals withdrawals, interest payments, plan benefit payments, lump-sum benefits, and any minimum distribution payments paid from the Traditional Annuity; less G) any charges for expenses and contingencies deducted by TIAA as set forth in the rate schedule; less H) any amounts deducted to provide any form of an annuity income option or a death benefit payment method from the Traditional Annuity benefit paymentsAnnuity; less I) any internal transfers from the Traditional Annuity; less J) any amounts forfeited as described above; less K) any surrender charges and/or transfer charges assessed by TIAA as set forth in the rate schedule.

Employee’s Traditional Annuity accumulation. Except as described in section 28, TIAA will maintain nominal Traditional Annuity accumulations on behalf of each employee in whose name amounts are credited to the Traditional Annuity under the contract. An employee’s Traditional Annuity accumulation is the amount so held under the contract for that employee. Any amounts added to or deducted from the Traditional Annuity accumulation under this contract will be attributed to individual employees’ Traditional Annuity accumulations, as applicable, accumulations in accordance with the terms instructions of the employer plancontractholder. EmployeesThe contractholder owns all employees’ Traditional Annuity accumulations under the contract. Employees have no ownership rights with respect to these accumulations are those in accordance with the terms of the employer plan. If an employee has a severance from employment with the employer and fails to satisfy the vesting requirements of the employer plan, then in accordance with the terms of the employer plan, the amount of that employee’s accumulation may be applied to a forfeiture account where it will be maintained as an unallocated accumulation as described in section 28accumulations. An employee’s Traditional Annuity accumulation is, with respect to amounts recorded and transactions made on behalf of that employee, the sum of: A) all premiums allocated to the Traditional Annuity; plus B) interest credited by TIAA at the guaranteed accumulation interest rate set forth in the rate schedule; plus C) any additional amounts credited to the Traditional Annuity by TIAA; plus D) any internal transfers to the Traditional Annuity; less E) any premium taxes incurred by TIAA for the Traditional Annuity; less F) any employer plan fee withdrawals and any minimum distribution payments paid from the Traditional Annuity; less G) any charges for expenses and contingencies deducted by TIAA as set forth in the rate schedule; less H) any amounts deducted to provide any form of Traditional Annuity benefit payments; less I) any internal transfers from the Traditional Annuity; less J) any amounts forfeited as described abovecontractholder payments paid from the Traditional Annuity; less K) any surrender charges and/or transfer charges assessed by TIAA as set forth in the rate schedule.

Employee’s Traditional Annuity accumulation. Except as described in section 2832, TIAA will maintain nominal Traditional Annuity accumulations on behalf of each employee in whose name amounts are credited to the Traditional Annuity under the contract. An employee’s Traditional Annuity accumulation is the amount so held under the contract for that employee. Any amounts added to or deducted from the Traditional Annuity accumulation under this contract will be attributed to individual employees’ Traditional Annuity accumulations, as applicable, in accordance with the terms of the employer plan. Employees’ rights with respect to these accumulations are those in accordance with the terms of the employer plan. If an employee has a severance from employment with the employer and fails to satisfy the vesting requirements of the employer plan, then in accordance with the terms of the employer plan, the amount of that employee’s accumulation may be applied to a forfeiture account where it will be maintained as an unallocated accumulation as described in section 2832. An employee’s Traditional Annuity accumulation is, with respect to amounts recorded and transactions made on behalf of that employee, the sum of: A) all premiums allocated to the Traditional Annuity; plus B) interest credited by TIAA at the guaranteed accumulation interest rate set forth in the rate schedule; plus C) any additional amounts credited to the Traditional Annuity by TIAA; plus D) any internal transfers to the Traditional Annuity; less E) any premium taxes incurred by TIAA for the Traditional Annuity; less F) any employer plan fee withdrawals and any minimum distribution payments paid from the Traditional Annuity; less G) any charges for expenses and contingencies deducted by TIAA as set forth in the rate schedule; less H) any amounts deducted to provide any form of Traditional Annuity benefit payments; less I) any internal transfers from the Traditional Annuity; less J) any amounts forfeited as described above; less K) any Plan Directed Payments paid from the Traditional Annuity; less L) any surrender charges and/or transfer charges assessed by TIAA as set forth in the rate schedule.

Employee’s Traditional Annuity accumulation. Except as described in section 2827, TIAA will maintain nominal Traditional Annuity accumulations on behalf of each employee in whose name amounts are credited to the Traditional Annuity under the contract. An employee’s Traditional Annuity accumulation is the amount so held under the contract for that employee. Any amounts added to or deducted from the Traditional Annuity accumulation under this contract will be attributed to individual employees’ Traditional Annuity accumulations, as applicable, in accordance with the terms instructions of the contractholder. The contractholder, on behalf of the employer plan, as sole party to the contract retains all rights under the contract with respect to employee’s accumulations. Employees’ rights with respect to these accumulations are those in accordance with the terms of the employer planplan and as delegated to them by the contractholder. If an employee has a severance from employment with the employer and fails to satisfy the vesting requirements of the employer plan, then in accordance with the terms of the employer plan, contractholder may apply the amount of that employee’s accumulation may be applied to a forfeiture account where it will be maintained as an unallocated accumulation as described in section 2827. An employee’s Traditional Annuity accumulation is, with respect to amounts recorded and transactions made on behalf of that employee, the sum of: A) all premiums allocated to the Traditional Annuity; plus B) interest credited by TIAA at the guaranteed accumulation interest rate set forth in the rate schedule; plus C) any additional amounts credited to the Traditional Annuity by TIAA; plus D) any internal transfers to the Traditional Annuity; less E) any premium taxes incurred by TIAA for the Traditional Annuity; less F) any employer plan fee withdrawals and any minimum distribution payments paid from the Traditional Annuity; less G) any charges for expenses and contingencies deducted by TIAA as set forth in the rate schedule; less H) any amounts deducted to provide any form of Traditional Annuity benefit payments; less I) any internal transfers from the Traditional Annuity; less J) any amounts forfeited as described above; less K) any contractholder payments paid from the Traditional Annuity; less L) any surrender charges and/or transfer charges assessed by TIAA as set forth in the rate schedule.

Employee’s Traditional Annuity accumulation. Except as described in section 2831, TIAA will maintain nominal Traditional Annuity accumulations on behalf of each employee in whose name amounts are credited to the Traditional Annuity under the contract. An employee’s Traditional Annuity accumulation is the amount so held under the contract for that employee. Any amounts added to or deducted from the Traditional Annuity accumulation under this contract will be attributed to individual employees’ Traditional Annuity accumulations, as applicable, in accordance with the terms of the employer plan. Employees’ rights with respect to these accumulations are those in accordance with the terms of the employer plan. If an employee has a severance from employment with the employer and fails to satisfy the vesting requirements of the employer plan, then in accordance with the terms of the employer plan, the amount of that employee’s accumulation may be applied to a forfeiture account where it will be maintained as an unallocated accumulation as described in section 2831. An employee’s Traditional Annuity accumulation is, with respect to amounts recorded and transactions made on behalf of that employee, the sum of: A) all premiums allocated to the Traditional Annuity; plus B) interest credited by TIAA at the guaranteed accumulation interest rate set forth in the rate schedule; plus C) any additional amounts credited to the Traditional Annuity by TIAA; plus D) any internal transfers to the Traditional Annuity; less E) any premium taxes incurred by TIAA for the Traditional Annuity; less F) any employer plan fee withdrawals withdrawals, interest payments, plan benefit payments, lump- sum benefits, and any minimum distribution payments paid from the Traditional Annuity; less G) any charges for expenses and contingencies deducted by TIAA as set forth in the rate schedule; less H) any amounts deducted to provide any form of an annuity income option or a death benefit payment method from the Traditional Annuity benefit paymentsAnnuity; less I) any internal transfers from the Traditional Annuity; less J) any amounts forfeited as described above; less K) any Plan Directed Payments paid from the Traditional Annuity; less L) any surrender charges and/or transfer charges assessed by TIAA as set forth in the rate schedule.

Employee’s Traditional Annuity accumulation. Except as described in section 28, TIAA will maintain nominal Traditional Annuity accumulations on behalf of each employee in whose name amounts are credited to the Traditional Annuity under the contract. An employee’s 's Traditional Annuity accumulation is the amount so held under the contract for that employee. Any amounts added to or deducted from the Traditional Annuity accumulation under this contract will be attributed to individual employees’ ' Traditional Annuity accumulations, as applicable, in accordance with the terms instructions of the employer plancontractholder. The contractholder, on behalf of the MEP, as sole party to the contract retains all rights under the contract with respect to employee's accumulations. Employees’ ' rights with respect to these accumulations are those in accordance with the terms of MEP and as delegated to them by the employer plancontractholder. If an employee has a severance from employment with the a participating employer and fails to satisfy the vesting requirements of the employer planMEP, then in accordance with the terms of the employer plan, contractholder may apply the amount of that employee’s 's accumulation may be applied to a forfeiture account where it will be maintained as an unallocated accumulation as described in section 28. An employee’s 's Traditional Annuity accumulation is, with respect to amounts recorded and transactions made on behalf of that employee, the sum of: A) all premiums allocated to the Traditional Annuity; plus B) interest credited by TIAA at the guaranteed accumulation interest rate set forth in the rate schedule; plus C) any additional amounts credited to the Traditional Annuity by TIAA; plus D) any internal transfers to the Traditional Annuity; less E) any premium taxes incurred by TIAA for the Traditional Annuity; less F) any employer plan MEP fee withdrawals withdrawals, interest payments, MEP benefit payments, lump-sum benefits, and any minimum distribution payments paid from the Traditional Annuity; less G) any charges for expenses and contingencies deducted by TIAA as set forth in the rate schedule; less H) any amounts deducted to provide any form of an annuity income option or a death benefit payment method from the Traditional Annuity benefit paymentsAnnuity; less I) any internal transfers from the Traditional Annuity; less J) any amounts forfeited as described above; less K) any contractholder payments paid from the Traditional Annuity; less L) any surrender charges and/or transfer charges assessed by TIAA as set forth in the rate schedule.

Employee’s Traditional Annuity accumulation. Except as described in section 2827, TIAA will maintain nominal Traditional Annuity accumulations on behalf of each employee in whose name amounts are credited to the Traditional Annuity under the contract. An employee’s Traditional Annuity accumulation is the amount so held under the contract for that employee. Any amounts added to or deducted from the Traditional Annuity accumulation under this contract will be attributed to individual employees’ Traditional Annuity accumulations, as applicable, in accordance with the terms instructions of the contractholder. The contractholder, on behalf of the employer plan, as sole party to the contract retains all rights under the contract with respect to employee’s accumulations. Employees’ rights with respect to these accumulations are those in accordance with the terms of the employer planplan and as delegated to them by the contractholder. If an employee has a severance from employment with the employer and fails to satisfy the vesting requirements of the employer plan, then in accordance with the terms of the employer plan, contractholder may apply the amount of that employee’s accumulation may be applied to a forfeiture account where it will be maintained as an unallocated accumulation as described in section 2827. An employee’s Traditional Annuity accumulation is, with respect to amounts recorded and transactions made on behalf of that employee, the sum of: A) all premiums allocated to the Traditional Annuity; plus B) interest credited by TIAA at the guaranteed accumulation interest rate set forth in the rate schedule; plus C) any additional amounts credited to the Traditional Annuity by TIAA; plus D) any internal transfers to the Traditional Annuity; less E) any premium taxes incurred by TIAA for the Traditional Annuity; less F) any employer plan fee withdrawals withdrawals, interest payments, plan benefit payments, lump-sum benefits, and any minimum distribution payments paid from the Traditional Annuity; less G) any charges for expenses and contingencies deducted by TIAA as set forth in the rate schedule; less H) any amounts deducted to provide any form of an annuity income option or a death benefit payment method from the Traditional Annuity benefit paymentsAnnuity; less I) any internal transfers from the Traditional Annuity; less J) any amounts forfeited as described above; less K) any contractholder payments paid from the Traditional Annuity; less L) any surrender charges and/or transfer charges assessed by TIAA as set forth in the rate schedule.