One key step you can take to improve your financial future is saving for your retirement. This page will walk you through enrolling in the Voluntary Retirement Savings Program (VRSP) which is a 403 (b) account.
How to Open a VRSP 403(b) Account
The university offers 6 different companies or agents that have been approved for eligible faculty and staff to set up a VRSP 403(b) account with:
- AMERIPRISE FINANCIAL
- FIDELITY INVESTMENTS
- VOYA RELIASTAR
- PACIFIC LIFE
Once you have determined who you will be saving extra with complete the following steps;
Contact the approved vendor you have chosen and proceed by opening your account with your vendor of choice.
If you are selecting TIAA as your VRSP 403(b) approved company, please follow these initial instructions:
Select "Ready to Enroll" (even if you have previously set up an online account with TIAA).
Enter your existing password or create one. Follow any additional instructions given. Don't forget to update your address and name beneficiaries. Continue to Step 2 below.
Log in to Employee Self Service and proceed to the Benefits & Wellness tile >> Retirement >> Voluntary Retirement Saving Program (VRSP) 403(b)
Select the "Add New Retirement Account" button and choose the box next to the approved company that you have opened a VRSP 403(b) account with and select the green "Continue to My Monthly Contributions" button.
Elect your monthly contribution amount. Follow any additional instructions given.
Staff paid on a biweekly basis who wish to participate will need to contact our office at email@example.com for a paper form.