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ÃÛÌÒ´«Ã½ Human Resources

How Do I Change My 457b Voluntary Retirement Plan Contributions?

TIAA

  1. Go to University of ToledoÌýRetirement Systems Page
  2. Click 457(b) tab Ìý
  3. Select “� Link
    1. UT Retirement@Work only accessible through provided link on Retirement Systems webpage
  4. Click “Already Registeredâ€� to login to your current account, click “Register Nowâ€� to set-up your account Ìý
    1. If you are registering a new account, Retirement@Work will ask personal identification questions for security measures, please follow all prompts to complete registration Ìý
    2. If you have issues logging in, you must contact Retirement@Work Customer Service at 844-567-9090
  5. Once logged in, select the blue “Contributions� Tab towards top left of your screen
  6. Next, click the yellow “Manage Contributions� button on right side of your screen
  7. Enter your contribution information, then click “next�
    1. When do you want contributions to start? Ìý
    2. How much do you want to contribute per paycheck? Ìý
    3. How would you like to allocate your funds (Pre-Tax, Roth, or both)? Ìý
  8. Select your vendor(s), then click “next�
    1. TIAA
    2. Please refer to “Vendor Comparison Guide� to help select your vendor or consult with a financial professional to assist you in making best decision for your retirement goals
  9. Review your contributions, check “I have read and accept these Terms and Conditions�, then click “Confirm�
  10. If you are creating a new account or selecting a new vendor, you MUST open a 403(b) account with the vendor you selected. Please refer to the “Vendor Contact & Plan Codes� under the 403(b) tab to begin your setup.
  11. Once your account is open with your vendor(s), congratulations! You have successfully updated/began new contributions to your 403(b) account! Ìý

Ohio Deferred Compensation

  1. Click “ WebsiteÌýÌý
  2. If you already have an account, enter your username then click “login�. If you are creating a new account, click “Sign Up�
    1. For any issues logging in or creating an account, please contact ODC Customer Service at 877-644-6457
  3. ÌýOnce logged in, click “View Detailsâ€� on right hand side for your Ohio 457 Account TypeÌýÌý
  4. Then, click “Contributionsâ€� Ìý
  5. On right hand side, select red “Changeâ€� button Ìý
  6. Add your desired contribution amount per paycheck and allocation amount, then click “Next� at bottom of page
    1. $15/pay minimum
    2. We recommend working with a financial professional to help you decide investment options that best fits your retirement goals or you can “View Fund Performanceâ€� Ìý
  7. Review your contribution and allocation selections, then click “Completeâ€� at bottom of page. Ìý
  8. Congratulations you have successfully updated your 457(b) contributions! Ìý