Retirement
Programs
An opportunity to invest in your future
Retirement Contribution Changes
As recently announced, the University is making temporary modifications to the Retirement Program due to the financial effects of the COVID-19 pandemic. For fiscal year 2021, which begins on July 1, 2020, the University is changing the retirement contribution formula. The University will provide a 6.2 percent contribution up to the maximum compensation amount of $100,000.
TIAA Offers Virtual Financial Counseling Sessions
TIAA continues to offer free one-on-one consultation sessions, at no cost, to help you with your retirement and other financial goals. Due to the coronavirus pandemic, sessions are being held over the phone or via video conference. You can sign up for a session at TIAA.org/schedulenow or by calling 800-410-6497.
Creating a plan to help stay on track Webinar
View the Creating a plan to help stay on track: Prepare yourself for the journey ahead webinar, held on July 1, 2020, to learn about the tools and resources available to help you plan for the future. The TIAA webinar will advise on how to take full advantage of the retirement plans sponsored by the University of Rochester, consider other retirement savings channels, and additional tax advantaged savings accounts.*To access the webinar, please fill in the required information under "Register Now".
Regardless of what retirement means to you now—or will mean when you get there—just about everybody worries about the same thing: financial security. However, few people enjoy a comfortable retirement by accident. It takes careful thought and planning, based on one’s own situation.
Even small amounts of money invested regularly over your career can provide a significant financial resource at retirement.
Need an Introduction to the University of Rochester Retirement Program?
View the Get a Head Start video to learn about the 403(b) Retirement Program and the importance of saving for retirement.*To access the webinar, please fill in the required information under "Register Now".