Disclosure Statement

Generally: This website is intended to present TIAA Kaspick’s views on current market conditions, overviews of the company's investment management program, reviews of planned giving issues, or other types of information that is believed to be of interest to the firm's clients and the clients' donors and beneficiaries. The information and data contained on this website are not intended to provide personalized investment advice or gift planning recommendations.

Investment Information: TIAA Kaspick provides investment advice only through investment management agreements that establish investment advisor-client relationships under the terms of each client's agreement. TIAA Kaspick clients with questions regarding the applicability of the information on this website to them should contact their TIAA Kaspick Relationship Manager. Others should contact their investment advisors, financial planners, or other financial services professionals to determine how the information contained on this website might apply to their specific circumstances.

Tax and Legal Information: TIAA Kaspick does not provide legal or tax advice. TIAA Kaspick provides tax preparation services under the terms of each client’s gift administration agreement. The articles on this website are not intended or written to be used, and cannot be used (i) for the purpose of avoiding tax-related penalties, or (ii) to promote, market or recommend to another party any transaction or matter addressed. (IRS Circular 230 Notice)

Charitable and Deferred Gift Annuities: Because the payments from a charitable or deferred gift annuity are fixed, inflation will erode the purchasing power of those payments over time. Annuity rates depend on the length of deferral period and other factors.

California Residents: Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association.

Oklahoma residents: A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department.

South Dakota residents: Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.

Please request our Gift Annuity Disclosure Statement for additional information.