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The Teachers Insurance and Annuity Association of America (TIAA) is a major provider of insurance and retirement-savings accounts, especially to people working in academia, education, and state and local government. Founded by Andrew Carnegie in 1918, the company has about 5 million customers nationwide and $1.4 trillion in assets under management. Revenue sagged by 2.6% at TIAA in 2021, but profits grew robustly, and the company announced plans to add as many as 2,000 new jobs at a new corporate center in Frisco, Texas.
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