New Retirement Investment Options Available for Employees
The University of Nebraska System has announced upcoming enhancements to employee retirement plans. Learn about the details and actions you may need to take before changes take effect on Nov. 8.
- published: 2022/09/15
- contact: Human Resources
- email:Â unobenefits@unomaha.edu
- search keywords:
- Human Resources
- Retirement Planning
- Investments
Employees who are currently enrolled in retirement plans through Fidelity or TIAA have until 3 P.M. on Monday, Nov. 7, 2022, to customize their future retirement investments ahead of changes to the University of Nebraska System's retirement plans.
The changes come following a February 2022 communication from the NU System previewing a more streamlined, lower-cost investment menu will begin to be implemented this fall.
Employees who are currently enrolled in retirement plans through Fidelity or TIAA should have received or will soon be receiving specific guidance from their retirement investment provider on steps they need to take as a result of these upcoming changes. University-wide informational sessions were offered by representatives from TIAA and Fidelity via Zoom on Aug. 16 and Aug. 17.
NOTE: Employees utilizing Fidelity looking to transfer existing funds into a BrokerageLink account MUST create their account before Friday, Oct. 7.
Informational Resources
- Retirement Plan Changes Website
- Retirement Plan Changes Guide
- Presentation: Overview of Changes
- Frequently Asked Questions
- Example Scenarios
Meet With an Advisor
UNO offers opportunities to meet virtually as well as in-person with representatives from TIAA and Fidelity throughout the year.
One-on-one, on-site consultations for both retirement providers can be made here:
Both Fidelity and TIAA are also staffed and educated to answer questions about these recent changes. You can reach them at the following numbers:
Fidelity: 1.800.343.0860 (Mon – Fri | 7:30 A.M. – 11 P.M. CT)
TIAA: 1.800.842.2252 (Mon – Fri 7 A.M. – 9 P.M. CT)
Questions?
Please contact a TIAA/Fidelity for assistance with the process and/or necessary changes you are considering.
Please contact benefits@nebraska.edu for any questions regarding the plan changes decisions/rationale
About the University of Nebraska at Omaha
Located in one of America’s best cities to live, work and learn, the University of Nebraska at Omaha (UNO) is Nebraska’s premier metropolitan university. With more than 15,000 students enrolled in 200-plus programs of study, UNO is recognized nationally for its online education, graduate education, military friendliness and community engagement efforts. Founded in 1908, UNO has served learners of all backgrounds for more than 100 years and is dedicated to another century of excellence both in the classroom and in the community.
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