Does the thought of getting a grip on your retirement investments give you a headache? If so, put away the Tylenol – there’s help!
Retirement plans are famous for their complexities. But if “retire-ese” isn’t your first language, no worries. U-M has updated its Retirement Savings Plans Guide to help answer your questions and increase your investment know-how.
Dig in to Retirement…
This comprehensive resource is the “A-to-Z” of U-M Retirement Savings Plans. Whether you’re invested only in the Basic Retirement Plan or have expanded into the 403 (b) SRA or the 457 (b) Deferred Compensation Plan, the answers to all of your questions are within the guide’s 52 pages. Dig in, and learn!
After your education about U-M’s retirement offerings grows, go a little further. Fidelity Investments and TIAA, U-M’s longtime partners in administering its Retirement Savings Plans, offer free webinars each month. Most are in real-time, but can be viewed on-demand so you’ll never miss a word.
Upcoming programs include:
Fidelity
- Wednesday, Sept. 14 – noon
Cracking the WHIP (Worldwide High Inflation Problem) - Wednesday, Sept. 14 – 2 p.m.
Women Talk Money: Taking Investing to the Next Level with Professional Managed Accounts - Thursday, Sept. 15 – noon
Insights Live: Tax-smart Strategies for Your Portfolio - Tuesday, Sept. 20 – noon
Turning the Next Big Trend into a Trade
Fidelity’s enrollment system tells you how many seats are available for each workshop and can put you on a wait list if a workshop is popular. View a complete list of workshops.
TIAA
- Tuesday, Sept. 13 – noon
Opening Doors to the Future: Save in a 529 College Savings Plan - Tuesday, Sept. 13 – 3 p.m.
Strategies for Staying on Track - Wednesday, Sept. 14 – 2 p.m.
Help Protect You, Your Family and Your Money - Thursday, Sept. 15 – 3 p.m.
At Your Fingertips: Manage Your Money from Wherever You Are
Register for the above programs at TIAA’s Live Webinar Lounge.
… Then Schedule Your Consultation
Faculty and staff enrolled in U-M retirement plans may meet periodically with Fidelity and TIAA counselors at no charge to make sure their investments are meeting their goals:
- Visit Fidelity's scheduling page or call (800) 642-7131, weekdays from 8 a.m. to midnight
- Visit TIAA's website or call (800) 732-8353, weekdays from 8 a.m. to 10 p.m.
Fidelity offers appointments exclusively for U-M employees every Tuesday from 8:30 a.m. to 5 p.m.
Financial Resources at MHealthy
MHealthy also offers several resources to assist faculty and staff with improving their financial literacy. These include education programs, coaches, and immediate assistance for those who need help now.
