University Human Resource Services
IU Supplemental Retirement Plans
Are you saving enough for retirement?
The need to save more money for retirement years has never been greater. The rising cost of living, including health care expenses and increasing life expectancy, has dramatically increased the amount of savings a person will need during retirement years.
Whether retirement is 30 years away or only a few years away, you can make significant progress toward accumulating more money for retirement years by starting now. Contributing even small amounts to an IU-sponsored supplemental retirement plan can help boost your retirement savings. This is why Indiana University is partnering with Fidelity Investments and TIAA-CREF. The two IU-sponsored plans are the IU Tax Deferred Annuity Plan or the IU Retirement Savings Plan. Each plan allows you to:
- Take advantage of long-term investing and compounding of interest.
- Contribute money on a tax-deferred basis.
- Lower your current income taxes.
