Tax-Deferred Retirement Plan

Summary

Tax-deferred Annuity Program.

Carrier

Eligibility

All faculty, administrative staff, and supportive operating staff.

Employee Cost

Employee elects to tax defer a certain dollar amount from their monthly or bi-weekly paycheck into the SRA. Denison does not contribute to this benefit.

Benefit

Employee elects which funds to invest the money directed into the SRA. Many investment funds are available with TIAA-CREF.

The purpose of this program is to tax defer income for use in retirement. There are many forms of benefit at retirement age. Please contact Jim Ables at ext. 6239 in the Office of Human Resources for an explanation of benefits at retirement.

Notes

The Office of Human Resources arranges for TIAA-CREF to visit Denison's campus at least once per year. You are encouraged to meet and visit with our carrier representative to learn more about your investment options.

This plan has been described here in a general manner. Your benefits are more fully described in the Plan document and/or applicable policies. In the case of a conflict or omission, the provisions of the Plan document and/or applicable policies will govern.

 

For more information, contact Jim Ables.


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