Building a secure financial future with your 403(b) retirement plan

At Å·ÖÞ±­ÍøͶ_Å·ÖÞ±­ÍâΧapp-Ͷע¹ÙÍø Å·ÖÞ±­ÍøͶ_Å·ÖÞ±­ÍâΧapp-Ͷע¹ÙÍø, we¡¯re proud to support your long-term financial wellness through our 403(b) retirement plan with TIAA. Whether you¡¯re just getting started or actively planning for the future, here¡¯s what you should know about your benefits and upcoming updates.

Å·ÖÞ±­ÍøͶ_Å·ÖÞ±­ÍâΧapp-Ͷע¹ÙÍø¡¯s contributions

After one year of service, Å·ÖÞ±­ÍøͶ_Å·ÖÞ±­ÍâΧapp-Ͷע¹ÙÍø contributes a 5% base contribution automatically to your retirement plan. Employees are also eligible immediately for a dollar-for-dollar match up to 2% on your own contributions. By contributing 2% or more, you receive the full 7% total contribution (5% base + 2% match) from Å·ÖÞ±­ÍøͶ_Å·ÖÞ±­ÍâΧapp-Ͷע¹ÙÍø!

Automatic escalation

As many of you know, our plan has an auto-escalation feature which increases your retirement contributions every Jan. 1 by 1% if you are currently contributing less than 10%.

This automatic escalation feature is designed to help you save more gradually over time. Employees may opt out of this feature by completing the Auto Escalation Opt-Out Form and returning it to the HR or Payroll office by Dec. 1. Keep in mind that you can also make changes at any time; increase, decrease, start or stop contributions by submitting a Retirement Plan Change Form to Payroll or HR.

Learn and grow with TIAA

TIAA offers a variety of educational sessions both virtual and in-person to help you make confident financial decisions. These sessions cover topics such as retirement readiness, investment basics, and budgeting for future goals.

In-person sessions will take place in the spring and tend to fill up very quickly. For that reason, we encourage you to sign up for a virtual session with TIAA that better fits your schedule and availability. Visit TIAA.org to schedule a virtual session.

To better support your financial learning, we¡¯ve attached the following resources:

• Important Financial Terms to Know: A glossary of key retirement and investment terms
• The benefits of increasing your retirement contributions: This flyer shows how small increases can make a big difference over time.