RIT Retirement Savings Plan

Below you will find information for the RIT Retirement Savings Plan 403(b) for Employees and Adjuncts.

 

Recent Announcements

Fit for Retirement Update
Updated October 2018

TIAA Contract Type Comparisons and TIAA and Fidelity New Funds Fact Sheets
Updated October 2018

 


Getting Started

RIT Retirement Savings Plan Summary

Retirement Plan Investment Options

Retirement Plan Investment Committee

How to Enroll in the Plan

How to Make Contribution and Investment Changes

Strategies to Help You Save for Retirement

Helpful Investment Information

Designating Your Beneficiary

 


Record Keeper Websites

Fidelity Investments

TIAA

 


Tax and Disclosure Documents

Tax Credit for Retirement Contributions

2018 Fee Disclosure

Summary of Retirement Savings Plan Loan Provisions

Summary Annual Report for the RIT Retirement Savings Plan (.pdf)

 


Web Tool Calculators

Calculate Your Maximum Contribution Amount

Choose to Save.Org 
Has many calculators and tools on how to save more (no login required)

TIAA calculators 
(no login required)

Fidelity calculators 
(login required)

Step by Step Instructions for Fidelity's Income Planning Tool

TIAA Retirement Goal Evaluator 
(no login required)

Social Security Calculator 
(no login required)

Retirement Income Planning for You and Your Spouse

Below you will find retirement transition and retirement planning information for Employees.


Retirement Transition

The Retirement Transition Program is a phased-in approach to full retirement status designed to recognize and reward long and successful university service while continuing to utilize the skills of employees approaching retirement. Because this program is intended to provide a transition to retirement, it is available for a maximum of three consecutive years. Once approved, this election is not revocable. The employee is required to retire by the end of the retirement transition period.

Program Overview

Retirement Transition Request Memo (.pdf)


Planning for Your Retirement

The Retirement Transition Program is a phased-in approach to full retirement status designed to recognize and reward long and successful university service while continuing to utilize the skills of employees approaching retirement. Because this program is intended to provide a transition to retirement, it is available for a maximum of three consecutive years. Once approved, this election is not revocable. The employee is required to retire by the end of the retirement transition period.

Retirement Eligibility and Benefits Information

Social Security Administration

Social Security Calculator 
(no login required)