Retirement savings

Voluntary 403(b) now available to S-contract, miscellaneous wage employees


9 a.m., Feb. 11, 2013--The University of Delaware Office of Human Resources has announced that the option to enroll in the University’s voluntary 403(b) retirement savings plan is now extended to employees who work for UD on a supplemental contract or in a miscellaneous wage capacity. (The plan excludes student employees.)

FYI Stories

Shuttle changes

University of Delaware Transportation Services has announced that it will implement several changes to shuttle bus routes.

Housing application opens Sept. 1

UD students who are at least second-year students and recent transfers with at least 30 credits as of Sept. 1 must apply for upper-division housing by Sept. 30 to be guaranteed housing for the 2016-17 academic year.

The plan is designed for individuals who want to save for retirement on a tax-deferred basis. Participation in the voluntary 403(b) retirement plan does not require a minimum contribution. The University makes no contribution to the voluntary retirement program.

Investment options are available through Fidelity Investments and/or Teachers Insurance and Annuity Association-College Retirement Equities Fund (TIAA-CREF). Participation in the voluntary 403(b) retirement savings plan requires enrollment with the vendor(s) and the completion of a salary reduction agreement with the University. Instructions for enrollment and the salary reduction agreement form are posted online.

Changes to tax deferral amounts can be made throughout the year by completing a new salary reduction agreement. Through a secure logon with Fidelity Investments or TIAA-CREF, individuals can make investment changes, change beneficiaries and have access to retirement planning tools.

Instructions on how to set up secure on-line access are provided as an information sheet within the salary reduction agreement form. In addition to their on-line services, both vendors make regular counseling visits to the University.

For additional information on the voluntary 403(b) retirement savings plan, visit the benefits website or send email to

icon-fb icon-tw icon-yt icon-fs

News Media Contact

University of Delaware
Communications and Public Affairs

UDaily is produced by
Communications and Public Affairs

The Academy Building
105 East Main Street
University of Delaware
Newark, DE 19716 | USA
Phone: (302) 831-2792
University of Delaware • Newark, DE 19716 • (302) 831-2792 • ©2012
University of Delaware • Newark, DE 19716 • USA • Phone: (302) 831-2792 • © 2013
Comments|Contact Us|Legal Notices