TIAA announced the addition of seven new Vanguard Subaccounts to their Intelligent Variable Annuity® fund lineup, effective May 1, 2020.
This will increase the Intelligent Variable Annuity’s offerings to 65 funds from 20 highly regarded investment management firms including Vanguard, DFA, TIAA-CREF, PIMCO, and T Rowe Price.
The Intelligent Variable Annuity is a low-cost, fee-based IOVA available on the RetireOne fiduciary marketplace.
New Vanguard Subaccounts
Portfolio Registered Name | Asset Class main | Asset Class sub |
Vanguard VIF Total Stock Market Index Portfolio | Domestic Equity | Large Cap Blend |
Vanguard VIF Total International Stock Market Index Portfolio | International/Global Equity | Large Cap Blend |
Vanguard VIF Global Bond Index Portfolio | Fixed Income | Intermediate Term |
Vanguard VIF International Portfolio | International/Global Equity | Large Cap Growth |
Vanguard VIF Balanced Portfolio | Other | Balanced |
Vanguard VIF Conservative Allocation Portfolio | Other | Balanced |
Vanguard VIF Moderate Allocation Portfolio | Other | Balanced |