Retirement- OLD

RIT is committed to assisting its employees to properly prepare for a secure retirement. Eligible RIT employees can save for their retirement by contributing to the RIT Retirement Savings Plan, a 403(b) plan that gives employees an opportunity for retirement savings accumulation during their working years.


Saving for Retirement While You're Working

We strongly encourage you to start planning and saving for your retirement as soon as possible. The Plan offers a number of investment options across an array of asset classes with low fees so that you can invest your money in a way that makes the most sense for your goals. RIT retains a nationally recognized investment consultant to ensure the Plan's retirement fund offerings are performing up to RIT's high standards on an ongoing basis.

NEW Fit for Retirement Update-October 2018

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


Getting Started

RIT Retirement Savings Plan Summary

Retirement Plan Investment Options (effective through December 31, 2018)

Retirement Plan Investment Options (effective January 1, 2019) 

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



Tax and Disclosure Documents

Tax Credit for Retirement Contributions

2017 Fee Disclosure

Summary of Retirement Savings Plan Loan Provisions

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

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 from RIT

Retirement Eligibility and Benefits Information

Social Security Administration