Jan. 8, 2018

The updated Retirement Program is live. What’s next?

Dear Colleague:

The planned updates to the University of Delaware Retirement Program are complete and the streamlined investment lineup, enhanced services, and expanded education, tools and advice are available.

Easier access to your account

You may now access your retirement account via single sign-on through the University of Delaware central authentication services (CAS).

Easier to plan and invest

Take time to go online and look at the updates and new features to see how they can help you pursue your goals for retirement. For instance, you can:

• Review your investment options. If you have not done so already, you can select new investments for your retirement savings account(s).
• Review and update your 403(b) and 457(b) contributions. You will be able to make changes faster with the new online salary deferral feature that replaces the manual paper form processing. This may be a good time to save more for your future. Remember, in 2018, the IRS will allow a maximum contribution of $18,500—or $24,500 if you’re over 50. Please note: Moving forward, flat dollar contribution amounts are no longer available and can be elected only in whole percentages.
• Review or edit your beneficiary designation. If you’re new to TIAA, be sure to name a beneficiary for your account.

Help is available

You are eligible to receive Retirement Program investment advice—on the phone, online or in person— at no additional cost to you. Call 800-732-8353, weekdays from 8 a.m. to 8 p.m. (ET) or go online to schedule a one-on-one consultation with a TIAA financial consultant to get answers to your questions or develop an action plan to pursue your retirement goals.

A TIAA representative will be on campus for walk-in visits today from 8 a.m.-4:30 p.m., in room 305, Hullihen Hall and on Jan. 9 from 8 a.m.-4:30 p.m., in room 150, Human Resources, 413 Academy Street. No appointment is necessary.

Sincerely,

Darcell Griffith
Interim Chief Human Resources Officer

This message has been approved by Darcell Griffith, interim chief human resources officer