Common use of Naming Your Beneficiary Clause in Contracts

Naming Your Beneficiary. Beneficiaries are persons you name to receive the death benefit if you die before your certificate's maturity date. At any time before your certificate's maturity date, you may name, change, add or delete your beneficiaries by written notice to TIAA, as explained in section 64. You can name two classes of beneficiaries, primary and contingent, which set the order of payment. At your death, your beneficiaries are the surviving primary beneficiary or beneficiaries you named. If no primary beneficiary survives you, your beneficiaries are the surviving contingent beneficiary or beneficiaries you named. The share of any named beneficiary in a class who does not survive will be allocated in equal shares to the beneficiaries in such class who do survive, even if you've provided for these beneficiaries to receive unequal shares. The death benefit will be paid to your estate in one sum if: you name your estate as beneficiary; or none of the beneficiaries you have named is alive at the time of your death; or at your death you had never named a beneficiary. If distributions to a named beneficiary are barred by operation of law, the death benefit will be paid to your estate. -------------------------------------------------------------------------------- Page 12 YOUR TIAA RETIREMENT SELECT PLUS (II) CERTIFICATE --------------------------------------------------------------------------------

Naming Your Beneficiary. Beneficiaries are persons you name to receive the death benefit if you die before your certificate's maturity date. At any time before your certificate's maturity date, you may may, subject to the terms of your employer plan, name, change, add or delete your beneficiaries by written notice to TIAA, as explained in section 6477. If your accumulation is subject to spousal rights, then your right to name a beneficiary for the death benefit is subject to the rights of your spouse as described in Part J. You can name two classes of beneficiaries, primary and contingent, which set the order of payment. At your death, your beneficiaries are the surviving primary beneficiary or beneficiaries you named. If no primary beneficiary survives you, your beneficiaries are the surviving contingent beneficiary or beneficiaries you named. The share of any named beneficiary in a class who does not survive will be allocated in equal shares to the beneficiaries in such class who do survive, even if you've provided for these beneficiaries to receive unequal shares. The death benefit will be paid to your estate in one sum if: you name your estate as beneficiary; or none of the beneficiaries you have named is alive at the time of your death; or -------------------------------------------------------------------------------- Page 13 YOUR TIAA RETIREMENT SELECT CERTIFICATE -------------------------------------------------------------------------------- at your death you had never named a beneficiary. If distributions to a named beneficiary are barred by operation of law, the death benefit will be paid to your estate. -------------------------------------------------------------------------------- Page 12 YOUR If at your death any distribution of the death benefit would be in conflict with any rights of your spouse under law that were not previously waived, TIAA RETIREMENT SELECT PLUS (II) CERTIFICATE --------------------------------------------------------------------------------will pay the death benefit in accordance with your spouse's rights, as described in section 63.

Naming Your Beneficiary. Beneficiaries are persons you name to receive the death benefit if you die before your certificate's maturity annuity starting date. At any time before your certificate's maturity annuity starting date, you may name, change, add or delete your beneficiaries by written notice to TIAA, as explained in section 6484. If your accumulation is subject to spousal rights, then your right to name a beneficiary for the death benefit is subject to the rights of your spouse, if any, as described in Part J. You can name two classes “classes” of beneficiaries, primary and contingent, which set the order of payment. At your death, your beneficiaries are the surviving primary beneficiary or beneficiaries you named. If no primary beneficiary survives you, your beneficiaries are the surviving contingent beneficiary or beneficiaries you named. The share of any named beneficiary in a class who does not survive will be allocated in equal shares to the beneficiaries in such class who do survive, even if you've ’ve provided for these beneficiaries to receive unequal shares. The death benefit will be paid to your estate in one sum if: if you name your estate as beneficiary; , or none of the beneficiaries you have named is alive at the time of your death; , or at your death you had never named a beneficiary. If distributions to a named beneficiary are barred by operation of law, the death benefit will be paid to your estate. -------------------------------------------------------------------------------- Page 12 YOUR If at your death any distribution of the death benefit would be in conflict with any rights of your spouse under law that were not previously waived, or with the terms of your employer plan, TIAA RETIREMENT SELECT PLUS (II) CERTIFICATE --------------------------------------------------------------------------------will pay the death benefit in accordance with your spouse’s rights.

Naming Your Beneficiary. Beneficiaries are persons you name to receive the death benefit if you die before your certificate's maturity date. At any time before your certificate's maturity date, you may may, subject to the terms of your employer plan, name, change, add or delete your beneficiaries by written notice to TIAA, as explained in section 6474. If your accumulation is subject to spousal rights, then your right to name a beneficiary for the death benefit is subject to the rights of your spouse as described in Part J. You can name two classes of beneficiaries, primary and contingent, which set the order of payment. At your death, your beneficiaries are the surviving primary beneficiary or beneficiaries you named. If no primary beneficiary survives you, your beneficiaries are the surviving contingent beneficiary or beneficiaries you named. The share of any named beneficiary in a class who does not survive will be allocated in equal shares to the beneficiaries in such class who do survive, even if you've provided for these beneficiaries to receive unequal shares. The death benefit will be paid to your estate in one sum if: you name your estate as beneficiary; or none of the beneficiaries you have named is alive at the time of your death; or at your death you had never named a beneficiary. If distributions to a named beneficiary are barred by operation of law, the death benefit will be paid to your estate. -------------------------------------------------------------------------------- Page 12 YOUR If at your death any distribution of the death benefit would be in conflict with any rights of your spouse under law that were not previously waived, TIAA RETIREMENT SELECT PLUS (II) CERTIFICATE --------------------------------------------------------------------------------will pay the death benefit in accordance with your spouse's rights, as described in section 61.

Naming Your Beneficiary. Beneficiaries are persons you name to receive the death benefit if you die before your certificate's maturity annuity starting date. At any time before your certificate's maturity annuity starting date, you may name, change, add or delete your beneficiaries by written notice to TIAA, as explained in section 6483. If your accumulation is subject to spousal rights, then your right to name a beneficiary for the death benefit is subject to the rights of your spouse, if any, as described in Part J. You can name two classes “classes” of beneficiaries, primary and contingent, which set the order of payment. At your death, your beneficiaries are the surviving primary beneficiary or beneficiaries you named. If no primary beneficiary survives you, your beneficiaries are the surviving contingent beneficiary or beneficiaries you named. The share of any named beneficiary in a class who does not survive will be allocated in equal shares to the beneficiaries in such class who do survive, even if you've ’ve provided for these beneficiaries to receive unequal shares. The death benefit will be paid to your estate in one sum if: if you name your estate as beneficiary; , or none of the beneficiaries you have named is alive at the time of your death; , or at your death you had never named a beneficiary. If distributions to a named beneficiary are barred by operation of law, the death benefit will be paid to your estate. -------------------------------------------------------------------------------- Page 12 YOUR If at your death any distribution of the death benefit would be in conflict with any rights of your spouse under law that were not previously waived, or with the terms of your employer plan, TIAA RETIREMENT SELECT PLUS (II) CERTIFICATE --------------------------------------------------------------------------------will pay the death benefit in accordance with your spouse’s rights.