University 457(b) voluntary retirement program

Eligibility

All University employees, with the exception of student workers.

Plan Administrator

University of Delaware through TIAA single administrative service provider.

University Contributions

There is no University match on contributions. Before contributing to the 457(b) Deferred Compensation Plan, employees are encouraged to first maximize their contributions through the University of Delaware 403(b) Retirement Saving Plan.

Vesting

Contributions are fully and immediately vested.

Enrollment

Employees must enroll, and choose their salary contribution level through TIAA.
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

See the TIAA website to schedule a meeting or to access webinars and online resources.

Summary Plan Description

Coming soon

Loans, Retirement or Divorce (QDRO)

Please contact TIAA for additional information.

 

TIAA

Website
Employee portal (UD CAS)
Phone: 800-842-2776

Legacy Accounts
Fidelity Investments

Divorce (QDRO)

Website
Phone: 800-343-0860

Fidelity DRO Approval Guidelines and Procedures