Dual Comp Faculty Onboarding Binder 2022

VOLUNTARY RETIREMENT SAVINGS EMPLOYEE VOLUNTARY CONTRIBUTIONS TO AVOID THE POSSIBILITY OF EXCEEDING ANNUAL IRS CONTRIBUTION LIMITS, IT IS RECOMMENDED THAT EMPLOYEES MAKE VOLUNTARY CONTRIBUTIONS THROUGH EITHER UC PAYROLL OR UCP PAYROLL (NOT BOTH).

ELIGIBILITY

ALL EMPLOYEES

ALL EMPLOYEES

EMPLOYEES MAY DIRECT ADDITIONAL RETIREMENT SAVINGS CONTRIBUTIONS TO:  403(B) • PRE-TAX CONTRIBUTION • ROTH POST-TAX CONTRIBUTION • AFTER-TAX CONTRIBUTION WITH ROTH IN- PLAN CONVERSION (MEGA ROTH)  457(B) PRE-TAX CONTRIBUTION

EMPLOYEES MAY DIRECT ADDITIONAL RETIREMENT SAVINGS CONTRIBUTIONS TO:  403(B) PRE-TAX CONTRIBUTION  457(B) PRE-TAX CONTRIBUTION

PLAN INFORMATION

 PRE-TAX AND ROTH: UP TO ANNUAL IRS LIMIT OF $20,500  AFTER-TAX: UP TO ANNUAL IRS LIMIT OF $61,000, LESS PRE-TAX AND ROTH CONTRIBUTIONS  $6,500 CATCH UP CONTRIBUTION AVAILABLE FOR AGE 50 AND OLDER

EMPLOYEE CONTRIBUTION

PLAN ADMINISTRATORS

 403(B): AXA, FIDELITY, TIAA, VOYA  457(B): OHIO DEFFERED COMPENSATION TO ENROLL, PLEASE GO TO www.netbenefits.com/universityofcincinnati  CHANGES MADE PRIOR TO THE UC MONTHLY PAYROLL DEADLINE WILL TAKE EFFECT IN THE CURRENT MONTH

 FIDELITY  TIAA

TO ENROLL, PLEASE GO TO www.netbenefits.com/UCP

NEXT STEPS

 CHANGES MADE BY THE 15 TH OR BUSINESS DAY PRIOR WILL TAKE EFFECT IN THE CURRENT MONTH

RETIREMENT PLAN ADMINISTRATORS STRS https://www.strsoh.org/

888 ‑ 227 ‑ 7877 800-222-7377

OPERS

https://www.opers.org/

FIDELITY INVESTMENTS

www.netbenefits.com/universityofcincinnati

800-343-0860

TIAA

https://www.tiaa.org/uc

800-842-2252

AXA EQUITABLE

https://equitable.com/

513-762-7750

800-451-4702 x4025462

VOYA FINANCIAL

https://www.voya.com

OHIO DEFERRED COMPENSATION

https://www.ohio457.org

877-644-6457

FIDELITY INVESTMENTS

www.netbenefits.com/UCP

800-343-0860

TIAA

https://www.tiaa.org/UCP

800-842-2252

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