Retirement Planning Scottsdale
  • Home
  • About Us
    • Consumer Advocate
  • Contact

Anil Vazirani Scottsdale Investment Advisor shares TIAA offers voluntary buyout to 75% of U.S. employees, including Nuveen and TIAA Bank By Ryan W. Neal

May 12, 2020Financial Advisor Scottsdale AzRetirement Planning Scottsdale

Anil Vazirani Scottsdale Investment Advisor shares TIAA offers voluntary buyout to 75% of U.S. employees, including Nuveen and TIAA Bank By Ryan W. Neal

TIAA has offered a voluntary separation program to 75% of its U.S. workforce, including employees at TIAA Bank and Nuveen.

TIAA voluntary separation program for U.S. workforce, including employees at TIAA Bank and Nuveen.

The voluntary separation program is also offered to Nuveen employees. 
Bloomberg News

The program includes 45 to 91 weeks’ salary, depending on the employee’s length of service and current compensation, according to a TIAA spokesperson. Employees who participate will also receive 100% of last year’s cash bonus, up to 18 months of employer-subsidized medical coverage under COBRA and six months of outplacement assistance.

The 25% of employees not eligible to participate are those involved in processes and technology deemed necessary to conduct business, as well as some in critical client support roles.

“As we navigate through these unprecedented times, we are exploring a variety of measures to reduce costs while managing our business and continuing to serve our clients,” the TIAA spokesperson said in an emailed statement. “As part of that process, we have introduced a voluntary separation program for our employees, which is designed to give our people the ability to decide what’s best for them.”

Read More: https://www.financial-planning.com/news/tiaa-voluntary-buyout-for-employees-includes-nuveen-and-tiaa-bank

Anil Vazirani is president of Secured Financial Solutions, independent insurance advisor investment advisor rep with a fiduciary obligation and in the financial services industry since 1994. A+ rating with the Better Business Bureau for over a decade and a half, members in good standing with the National Association of Insurance and Financial Advisors.

Dial 1-800-957-5604 x 200 and set up a complimentary strategy session to understand what your goals are, understand what objective you’re trying to accomplish, your risk tolerance, and let us show you how to reduce your investment fees from stocks, bonds and mutual funds down to one point, or five percent when you work with our investment advisory platform. Dial 1-800-957-5604 x 200, and on the web at: DreamRetire.com

Anil Vazirani Integrity and Professional Background – Click Here

RETIRE AND STAY RETIRED,
SAFE, SMART, AND SECURE!

Call today for a Complimentary
Strategy Session: 1-800-957-5604 x 200

Secured Financial Solutions
14301 North 87th Street, Suite # 216, Scottsdale, AZ 85260

http://dreamretire.com/

Tags: Anil Vazirani, Market Collapse, Scottsdale Investment Advisor, TIAA Bank and Nuveen, U.S. workforce

Related Articles

Anil Vazirani as seen in Forbes Leading Providers Wealth Managers of the USA

July 7, 2016Financial Advisor Scottsdale Az

Revisiting Anil Vazirani’s Warning to Retirees a lawsuit against MINNESOTA LIFE INSURANCE COMPANY; SHURWEST HOLDING COMPANY, INC. and others

August 21, 2020Financial Advisor Scottsdale Az

Anil Vazirani letter re: Arizona Republic updated article and Fixed Indexed Annuities

September 11, 2018Financial Advisor Scottsdale Az

Visit our Site: DreamRetire.com

Anil Vazirani - Cover of Senior Market Advisor Magazine

Anil Vazirani - Cover of Senior Market Advisor Magazine

Anil Vazirani - Financial Advisor
Retirement Planning Scottsdale

Retirement Planning Scottsdale

Anil Vazirani

Anil Vazirani

Flemings

Flemings

Anil Vazirani Annuities Retirement Financial Advisor

Anil Vazirani Annuities Retirement Financial Advisor

© Copyright 2018 retirementplanningscottsdale.com | All Rights Reserved | Privacy Policy