Voluntary University 403(b) retirement plan

Eligibility

All University employees, with the exception of student workers

Plan Administrator

University of Delaware through Fidelity Investments and TIAA. Employees may participate concurrently in both Fidelity Investments and TIAA.

Vesting

Contributions are on a tax-deferred basis and are fully and immediately vested.

University Contributions

There is no University match on voluntary contributions.

Enrollment

Employees must complete a Salary Reduction Agreement and submit it to Human Resources. Enrollment with the selected vendor(s) must be completed online. For more details, review the At-A-Glance. Enrollment is not automatic.

This plan is not subject to an open enrollment period. Employees may enroll and change elections at any point in the year.

Limitations

IRS

Resources

Please see additional information about the retirement plan transition to TIAA and the single administrator of the plan effective January 8, 2018.

Summary Plan Description

Coming soon

Loans, Hardship withdrawals, Retirement, In-service distributions

Please contact the applicable vendor, Fidelity Investments and/or TIAA for additional information.

Fidelity Investments

TIAA