Principal Underwriting and Distribution Services Agreement

Exhibit (e)(4)

Principal Underwriting and Distribution Services Agreement

Between College Retirement Equities Fund and
TIAA-CREF Individual & Institutional Services, LLC

SCHEDULE B

2022 Reimbursement Rates

For the period April 29, 2022 through April 30, 2023

For the services rendered and expenses incurred in connection with the Distribution Services, as provided in the Agreement, the annual expense deduction amounts for each Class of each CREF Account (as a percentage of average net assets) will be as follows:

Stock Account:	Class R1: 0.095%
	Class R2: 0.050%
	Class R3: 0.035%
	Class R4: 0.005%
Global Equities Account:	Class R1: 0.095%
	Class R2: 0.050%
	Class R3: 0.035%
	Class R4: 0.005%
Growth Account:	Class R1: 0.095%
	Class R2: 0.050%
	Class R3: 0.035%
	Class R4: 0.005%
Equity Index Account:	Class R1: 0.095%
	Class R2: 0.050%
	Class R3: 0.035%
	Class R4: 0.005%
Core Bond Account:	Class R1: 0.095%
	Class R2: 0.050%
	Class R3: 0.035%
	Class R4: 0.005%
Inflation-Linked Bond Account:	Class R1: 0.095%
	Class R2: 0.050%
	Class R3: 0.035%
	Class R4: 0.005%
Social Choice Account:	Class R1: 0.095%

TIAA CONFIDENTIAL

	Class R2: 0.050%
	Class R3: 0.035%
	Class R4: 0.005%
Money Market Account:	Class R1: 0.095%
	Class R2: 0.050%
	Class R3: 0.035%
	Class R4: 0.005%

Date: Effective April 29, 2022 in accordance with prior approval by the CREF Board on March 11, 2022.

COLLEGE RETIREMENT EQUITIES FUND

By:

Title:

TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC

By:

Title:

TIAA CONFIDENTIAL