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Intelligent Variable Annuity

TIAA-CREF Life Growth Equity

The fund seeks a favorable long-term return, mainly through capital appreciation, primarily from equity securities.
Unit value as of 01/07/2009: $10.99
Total return year-to-date as of 01/07/2009: 1.88%
Expense charge*: 0.86%
Inception date: 04/03/2000
Investment class: U.S. Equity
Performance Comparison
  Performance Data
as of 01/06/2009
Average Annual Total Returns
as of 12/31/2008
Unit
Value
Net
Change
YTD
Return
1 Year 3 Year 5 Year 10 Year Since
Inception
TIAA-CREF Life Growth Equity $11.25 +1.17% 4.26% -41.04% -9.18% -3.65% -- -9.48%
Russell 1000® Growth Index -- +1.16% 4.87% -38.44% -9.10% -3.42% -- -8.48%

The performance data quoted represents past performance, and is no guarantee of future results. Your returns and the principal value of your investment will fluctuate so that your accumulation units, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted above.

The Russell 1000 Growth Index is a subset of the Russell 1000 Index, which measures the performance of the stocks of the 1,000 largest companies in the Russell 3000® Index, based on market capitalization. The Russell 1000 Growth Index measures the performance of those stocks of the Russell 1000 with higher price-to-book ratios and higher relative forecasted growth rates. You cannot invest directly in these indices. Russell 1000 and Russell 3000 are trademarks and service marks of the Frank Russell Company. TIAA-CREF products are not promoted or sponsored by, or affiliated with, the Frank Russell Company.
* Includes both separate account and fund level charges. A portion of the separate account charges has been waived. The maximum total annual expense charge without the waiver is 1.06%. Separate account charges reflect the highest possible mortality and expense risk charge although they may be lower.  The unit value reflects the election of the Guaranteed Minimum Death Benefit.  See the prospectus for additional information.

TIAA-CREF Individual & Institutional Services, LLC and Teachers Personal Investors Services, Inc., members FINRA, distribute securities products. You should consider the investment objectives, risks, charges and expenses carefully before investing. Please click here or call 1 877 518-9161 for a prospectus that contains this and other information. Please read the prospectus carefully before investing. TIAA-CREF Life Insurance Company (TIAA-CREF Life), New York, NY issues after-tax annuities. Investment products are not FDIC insured, may lose value, and are not bank guaranteed.

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