University of Notre Dame 403(b) Retirement Plan (Voluntary tax-deferred savings for all employees)

The University of Notre Dame 403(b) Retirement Plan allows all employees – faculty, exempt and non-exempt staff, full and part-time/temporary – to make Voluntary Employee Contributions on a tax-deferred basis to a 403(b) tax sheltered account. You may choose to invest your contributions with Fidelity Investments, TIAA-CREF, or The Vanguard Group. Please note that Vanguard assesses participants with an annual recordkeeping fee in the amount of $35, assessed quarterly. Your contributions are automatically deducted from your paycheck before taxes.

The minimum amount that you may contribute to your 40(b) Plan is $10 per month or $120 per year. The maximum amount per year that you may defer is as follows:

Year Maximum** Age 50* Total Maximum**
2012: $17,000 + $5,500 = $22,500

*If you turn age 50 before the end of the calendar year, you may defer the additional $5,500 amount.

These maximums assume that you are not making contributions to a retirement plan maintained by an employer other than the University during the calendar year.

Once you reach age 59 ½ or when you leave the University, you may withdraw your voluntary contributions from your account. If you participate with TIAA-CREF, you may be able to take a loan against your SRA at any time without penalty. To request information about loan options or to apply for a loan, contact TIAA-CREF at 1-800-842-2776 or visit http://www.tiaa-cref.org/.

For assistance with your SRA or to begin making contributions, please contact:

askHR
200 Grace Hall
Phone: 1-574-631-5900
Fax: 1-574-631-8263
Email:askhr@nd.edu

Additional Information

Individual Counseling Sessions

Voluntary Employee Contributions Agreement

Fidelity Investments, TIAA-CREF, The Vanguard Group

403(b) Universal Availability Notice

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