403(b) Retirement plan

403b Retirement Plan

Calvin University contributes a certain percentage of your salary to TIAA each pay period. In addition, after one year of employment, Calvin University will match a certain percentage. Contributions and matching rates to the 403(b) Retirement Plan for eligible employees are determined on an annual basis. Keep in mind that contributing now, instead of waiting, can make a huge difference in how much you have on hand when you’re ready to retire. You can begin saving immediately in the 403(b) Retirement Plan using convenient payroll deductions, and you can choose to save up to the current IRS limits using pretax contributions, Roth (after tax) contributions or a combination of the two. More information can be found by visiting www.tiaa.org/calvin or contacting Human Resources.