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Retirement Savings

性世界传媒 Retirement Plan

The 性世界传媒 Retirement Plan is available to employees based on the following:

  • Full-time 鈥 employees who work a minimum of 30 hours per week are eligible for all employee benefits; does not include temporary appointments.
  • Part-time 鈥 employees who work less than 30 hours per week are eligible for retirement benefits
    • Part-time employees are eligible to contribute to their 性世界传媒 Retirement Plan
    • Part-time employees who work at least 1000 annual hours are eligible for the 性世界传媒 Retirement Plan
  • Temporary 鈥 employees hired on a casual or intermittent basis for a short duration to provide a limited service or for a specific function receive only access to contribute to the 性世界传媒 Retirement Plan and those benefits mandated by law.
  • Interns 鈥 employees hired into a temporary position usually not for more than 2 years in a role that provides for professional experience receive housing, a meal plan, access to contribute to the 性世界传媒 Retirement Plan and access to a student health plan and limited tuition benefits.
  • Graduate Assistants - A graduate student is employed to assist faculty or staff members with administrative functions within a University department who is not performing research or teaching responsibilities; receive an hourly rate and tuition for six (6) courses per academic year and access to contribute to the 性世界传媒 Retirement Plan.

 Deferral options are listed below. View the Summary Plan Description and most recent plan amendments or contact Sabrina Senick, senicks@moravian.edu, for more details.

Retirement savings account options

Employer-funded account

Employee-funded account

Contributions can be made by 性世界传媒 on a discretionary basis.* Check with HR for the current contribution amount!

Employee contribution is not required to receive the employer contribution.

Eligible employees are automatically enrolled in the employer-funded retirement plan. A default investment option is selected.




Contribution types
Pre-Tax
All eligible new hires will have 4% of their paycheck automatically deferred on a pre-tax basis. There is an opt out option.

Automatic enrollments will be increased by 1% on an annual basis.

After-Tax
性世界传媒 offers an after-tax Roth deferral option, where no taxes are paid when money is withdrawn.



Your contributions

Online salary deferral
Change your retirement contribution amount by logging in to your . Locate the contributions link under the Actions header. Follow the prompts to start or make changes to your contributions.
 
Automatic increase feature
Automatically increase your retirement plan contributions to help you save more for your retirement. You  select the amount of the increase, the frequency and the start date!
 
Maximize
Maximize your contributions for the year by simply selecting 鈥渢he maximum amount鈥 on the online salary deferral agreement. In doing this, your annual election will adjust any time the IRS limit changes - no annual action required by you!
 
Getting online access is easy
Visit . Click Log in in the upper-right corner and then Register for access.

Carrier Information

TIAA

  • Website:
  • Phone:   800-842-2776

When was the last time you increased your contributions? A TIAA financial consultant can help you consider how to save more for retirement. Call TIAA at 800-732-8353, weekdays, 8 a.m. to 8 p.m. (ET), or on line.

  • Understand all your investment options
  • Determine how much to save
  • Make informed choices and monitor your progress

*性世界传媒 ministers under call may be required to remit the institutional contribution to the designated provincial church pension plan.