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Online Enrollment - Retirement

 

Enrollment -  University of Dallas 403(b) Retirement Plan

University employees must complete the following steps to enroll in the University of Dallas Retirement Plan.

 
  1. Click here for more information on how to enroll online. Visit the UD TIAA website to setup your account and allocate your funds at www.tiaa-cref.org/udallas.
  2. Employees must also complete and sign the 403(b) Salary Deferral Agreement Form and return it to the Office of Human Resources.  This form indicates what percentage of your salary you want to have allocated to your retirement account.   
  3. New hires may qualify to receive their University (employer) match upon hire if they were employed at another university or college.  A 403(b) Verification of Prior Work Experience form must be completed by the employee's former employer and received by the Office of Human Resources for review.

*Your enrollment is not finalized until the TIAA online enrollment is completed and the Salary Deferral Agreement form is received.*

Summary Plan Description

 


 

Retirement Accounts 

The University of Dallas Employee Retirement Plan is administered by the Teachers Insurance Annuity Association (TIAA), the nation's largest private retirement company. Founded to serve the retirement needs of higher education faculty and staff, TIAA offers a wide range of investment options designed to realize growth of capital and minimize risk.

Regular employees that have worked 20 hours or more per week for 12 continuous months are eligible to receive retirement plan contributions from the University.  Employees who are scheduled to work less than 20 hours per week may qualify for matching contributions if they have worked more than 1,000 hours in 12 continuous months.  See the Summary Plan Description for more details.
 
Once eligible, the University contributes an amount equal to 2% of the employee's salary to his/her TIAA account whether or not the employee makes a contribution. If the employee elects to contribute to his or her retirement account, the University will match the employee's contribution up to a 5% maximum match, for a total University contribution of 7%.
 
Employee/University Matching Contribution
Employee University
0% 2%
1% 3%
2% 4%
3% 5%
4%  6%
5% 7%
 
If you have questions regarding eligibility or University match, please refer to the Summary Plan Description.  

Employees may contribute more than 5 percent of their salary, up to the IRS maximum.

 
The University's contribution begins after one year of employment unless the new employee is already a participant in a previous higher education employer sponsored retirement plan, in which case, the contribution begins the first month of employment. Employees may begin making individual contributions the first month of employment. Employee contributions are made on a pre-tax basis.
 
All contributions are vested immediately. However, contributions and earnings must remain in the account until the employee is no longer employed by the University of Dallas.
 
Supplemental Retirement Accounts are also offered through TIAA. Contact the Office of Human Resources for more information.
 
If you would like to make adjustments to your contribution, please return this form to the Office of Human Resources: 403-B Payroll Deduction Authorization Form.  You may make changes to your salary deferral rate at any time.  
 

TIAA Contact Information:

 
Retirement Account - 403(b):
Provider: TIAA Financial Services
Website: www.tiaa.org
Plan Number: 406714
Counseling Center: 1-800-842-2776

Mailing Address:
TIAA Financial Services
2850 Lake Vista Drive, Suite 200
Lewisville, TX 75067 

Terminating Your Employment

If you are terminating employment with the University and have a 403(b) account, please take note of this helpful Q&A from TIAA: Things to Consider When You Leave Your Employer.

News

UD Announces Last Crowley Chamber Trio Concert of the Season

The last Crowley Chamber Trio concert of the season will be on Dec. 6 and Dec. 7 at the Museum of Biblical Art at 7:30 p.m.

The Crowley Chamber Trio is composed of University of Dallas faculty members Kristin Van Cleve, violin; Marie-Thaïs Oliver, cello; and Andrey Ponochevny, piano.

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