University of Delaware 403(b) Retirement Savings Plan


All University employees, with the exception of student workers

Plan Administrator

University of Delaware through TIAA, single administrative service provider.

University Contributions


Full-time faculty and exempt staff (not participating in the State Employees’ Pension Plan), are eligible for University matching contributions.*

Effective July 1, 2018

If you contribute The University contributes  
5% 11%  
4% 8%  
3% 6%  
2% 4%
1% 2%


*On an annual basis, University of Delaware and TIAA will review match calculations and compare them to the actual matching contributions paid into participant accounts for the prior plan year. The University will provide a “true-up” contribution into participant accounts based on their annual savings rate, rather than their per pay period savings rate, to ensure that eligible participants receive the full university match. The true-up contribution will occur in the first quarter of the following year.


Employees are immediately vested upon hire.


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

403(b) Enrollment Instructions

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

Plan Features


For 2022, the annual maximum on employee elective deferrals is $20,500. Employees who are age 50 or over can also make catch-up contributions of $6,500. The annual maximum on employee plus employer contributions is $61,000.

For additional information, visit the IRS website.

Additional information for full-time faculty

Please see the AAUP Collective Bargaining Agreement for provisions in regard to summer supplemental contracts for nine, ten and eleven month appointments.


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

Loans, Retirement, or Divorce (QDRO)

Please contact TIAA for additional information.


Legacy Accounts     Fidelity Investments

Divorce (QDRO)

Fidelity DRO Approval Guidelines and Procedures