How do I make the most of the resources available to me through the University to ensure I am retirement ready?
Whether you’re just beginning your career or planning for retirement, Syracuse University provides assistance with meeting the financial demands of many of life’s most significant events. You can find resources to help plan for a financially secure future on the Financial Wellness website. Be on the lookout for upcoming opportunities to increase your financial know-how and understand the steps toward retirement readiness.
If I don’t change my retirement contributions during Open Enrollment, do I need to wait until next year?
Although you can change your retirement plan contributions at any time, Open Enrollment is a perfect time to evaluate what you’re setting aside for retirement and ensure you’re on track to meet your future goals. You can log in and review your retirement account balance online with TIAA and increase your voluntary contributions through MySlice.
I’m not sure how much I should contribute to my retirement account and which investments to choose. How can I get help with this?
As part of your benefits, Syracuse University partners with TIAA to provide you with free financial planning. The University’s dedicated TIAA financial consultants [PDF] will meet one-on-one with you, on campus or at their Syracuse office. The consultant is able to discuss your personal financial situation and your goals, and offer guidance on maximizing your potential for achieving the retirement you want. You can also get advice online and by phone.
The TIAA financial consultant can also help you determine how much to contribute to your account, explain the benefits of using pre-tax or Roth (after-tax) contributions, help you explore your risk tolerance, and decide on the right mix of investments to fit your needs.
To schedule a one-on-one meeting with a financial consultant, call 855.842.2873 (TTY: 800.842.2755), or go online to Syracuse University’s TIAA website. Once you’re registered on the site, you can also manage your TIAA account and use online tools to learn more about retirement planning.
Every effort has been made to ensure that the information contained within this website is accurate. However, benefits are governed by legal documents (which, in certain circumstances, may include insurance contracts). If there is any difference between the information on this website and the official documents, the official documents will control. As is the case with all of Syracuse University’s benefit plans, the University reserves the right to modify or terminate these benefits at any time.