Teachers Insurance and Annuity Association of America is domiciled in New York, NY, with its principal place of business in New York, NY. The simulations model tax rules for most taxable and tax-deferred investment accounts. schedule an appointment with a TIAA investment professional or attend a seminar. NjFlODBmMDI1MzFmZGQ5MTMxOTUyMDk5Zjc1NDI0MWIwYmVlZTBmMDEwNTgy How much you can borrow may depend on the amount you currently have in the plan that is eligible for loans and whether you have other outstanding loans. You can make pre-tax and/or Roth contributions to the Plan each pay, from a minimum of $15 per month up to the annual maximum established by the IRS ( $22,500 in 2023). You may also be able to leave money in your current plan, withdraw cash or roll over the money to an IRA. Edit the available investment options for the plan. You will need your Social Security Number and PIN. Many participants enjoy the diversity of investing in mutual funds in their retirement plans. Direct rollovers - from one account to another - are nontaxable and not reported as income to the federal government. The National Alliance on Mental Illness (NAMI) is t Your RMD Applicable Age was 70 if you were born before 7/1/49; 72 if you were born on or after 7/1/49 or in 1950; 73 if you were born between 1951 and 1958; 75 if you were born in 1960 or later. There are a number of important differences between mutual funds and annuities when they are offered under a retirement plan. You can increase, decrease or suspend the payments at any time. You are always 100% vested in all contributions, including those from the university. You can leave the tool now and go to Insights to read articles, use tools and see videos that will help you step forward. All Transamerica companies are affiliated, but are not affiliated with your employer. Its California Certificate of Authority number is 6992. Take advantage of your jobs retirement benefits. Take control of your account by signing up for e-documents. Who would benefit most from owning mutual funds? If you're gearing up for retirement, we have tools and resources specifically for you. The TIAA group of companies does not provide legal or tax advice. Excessive fee lawsuits have been filed against 403 (b) plans of Emory University, the University of Pennsylvania, Johns Hopkins University and Vanderbilt University. MTY0MWI3MDM4MDNmZTRjZTVkOGQzOGI5MDY3OTQxNGM3N2UwZGMzMDFhMjRi Vesting refers to your ownership of your Plan account. As you get older, more of that money may need to go toward healthcare and other essential expenses. ZmQxMjRjOTI2OTU1NTRiYjVlNmM4OTJiNGY4OWYwNWQ1ZGIyMzVjN2U1OTE0 ", Addressing specifics, Conway said, "Employees will have their investments moved from funds that are no longer available to a default fund. Company. Is there a tax advantage to owning variable annuities versus mutual funds? Howard County General Hospital is a private, not-for-profit, community health care provider, governed by a community-based board of trustees. ZjMzNzY0YmU2NWVkODFhNDNmZTBmYmI3YTI2YzQxNTI1YmQ4YjczNzllMzBk Both options receive favorable tax treatment under the plan. Now is a great time to consider an exciting new career at the Johns Hopkins Health System. Our 403 (b) plan is designed to meet the unique needs of educators and non-profit employees across the country. We realize the enrollment process requires making tough decisions. In 1958, Congress added Section 403(b) to the Internal Revenue Code. What is the difference between a mutual fund and an annuity? Call Transamericas Customer Service at 800-755-5801. Plan Name. These withdrawals are not available from TIAA Traditional Account balances. OGJiNjM4YWRhMDRjNWYwMjc3MzAyZjc3ZjA5MzBiNzViNzkzMjhiYzg2NzAx Please consult your legal or tax advisor. With the passage of the Employee Retirement Income Security Act of 1974 (ERISA), Code Section 403(b) was amended to permit custodial accounts that could invest in mutual funds. This plan allows you to receive a cash withdrawal. How do I find an online Notary? Take advantage of it. YjZkZjFlOWU4ZDM0MjNiZGVkNTUiLCJzaWduYXR1cmUiOiI0ZDlhYjA1NjUw BALTIMORE, maryland 21218-3637. If you were born in 1959, federal guidance is needed to determine if your RMD Applicable Age is 73 or 75. You can receive the current interest earned on your TIAA Traditional Account in monthly payments. Mobile Terms & Conditions. NmI0NjMwN2EyMjM0MDc3NmE1MTQ4OGUzY2IyZTM0OGQzYTk1Mjc1YTQzNjQ0 You can make pre-tax and/or Roth contributions to the Plan each pay, from a minimum of $15 per month up to the annual maximum established by the IRS ( $22,500 in 2023). The engine will avoid withdrawing from tax- deferred accounts, should you (and your spouse/partner as applicable) select a retirement age younger than 60 years old. Member FDIC. The University of Miami, Coral Gables, Fla., has agreed to pay $1.85 million to settle claims by participants in the university's 403 (b) plan and four other defined contribution plans that the . The probability illustrations, including the Your Retirement Outlook graphic, estimated retirement income graphic, sources of your retirement income chart, and income planning spend down illustration generated from the engine are based on Monte Carlo simulations of 500 possible investment scenarios for a given time period and assume a range of possible returns. Teachers Insurance and Annuity Association of America is domiciled in New York, NY, with its principal place of business in New York, NY. Argentina Australia Belgi (Nederlands) Belgique (Franais) Brasil Canada (English) Canada (Franais) Deutschland Espaa France Hong Kong India Ireland TIAA has partnered with Notarize.com (www.Notarize.com/TIAAOpens in a new window) to offer a digital and secure way for you to fulfill notarization requirements for your forms. Log in and get going. For help and advice, call us anytime at 888-200-4074. TIAA-CREF Individual & Institutional Services, LLC, Member FINRA, distributes securities products. Learn about Johns Hopkins University's retirement savings and planning services and support for employees and retirees. Johns Hopkins University 403(b) Plan, TIAA-CREF - 403b information & discussion. A set amount your beneficiary(ies) will receive from your retirement account if you die before taking income. What started as a small group of families gathered around a kitchen table in 1979 has blossomed into the nation's leading voice on mental health. About the Plan Apply today at CareerBuilder! ZTRmYWJkN2JlZmFlZTNhOGQ0MzFjODE3OGZmZmY1MzM4YzM5MTQ5MDhlMjdl You will need your Social Security Number and PIN. The mutual funds chosen for your retirement savings plan provide the opportunity to focus on specific market segments - all of which offer varying degrees of risk and reward opportunities. Mzk0ZDM1ZTQzMmZiMTA0ZjllY2UwNmIzZTQ2YmJjODJlMTk0NmE1MDIwNzA0 Simply log in for more information. 2021 Teachers Insurance and Annuity Association of America-College Retirement Equities Fund, 730 Third Avenue, New York, NY 10017, Income Deferral 403(b) Plan for Residents, Interns & Postdoctoral Fellows. Thanks to compounding, any earnings on your investments gets reinvested and can potentially earn even more money, and so on. The Retirement Plans Investment Committee, made up of administrators, staff, and faculty, has been examining best practices in this area. Reviewing your current investment mix to see if you need to rebalance your portfolio as you near retirement. Estimate how long your retirement savings may last. N2RmMTE3NDM0MGE5NWU1OWE5ZTUzZWI0ZTU3ZTZlODFmZDg0MTgxZDUxYmE5 You may also review your existing accounts and make transactions online by logging into your secure account. Deposit and lending products and services are provided by TIAA Bank, a division of TIAA, FSB. Edit the available investment options for the plan. Roth contributions are combined with pre-tax contributions and are subject to the same IRS maximum limits. The returns you experience may be materially different than projections. *Investment advice is available through TIAA using an advice methodology from Morningstar Investment Management, LLC. NmQ0ODRlYjQyZjViZjM4OGU5ZmE3NGM4Zjk3MTYxZjZiM2RkNjk2Mzg2ZjM5 1102(a)(1). Consider adding annuities1 to your retirement plan so you can create a foundation of guaranteed monthly income for life when you stop working. Call us at 800-755-5801. OTNlYTA2NTYzNGJhMGQyNTk3NjdmNDVjNmUzZDNmNGM5YTYxNjEzNTI2NmQy MTQ4NTUyOWUxYTg3OTVmOTAwM2I3ZjA4MDI3NmI4NDg2M2QzOGYyZTUxNjcz For help and advice, schedule an appointment with a TIAA investment professional or attend a seminarOpens in a new window. Learn what plans allow eligible employees to do. You are eligible to immediately make voluntary pre-tax and/or Roth contributions to the Plan if you are a full-time, part-time, visiting, limited, or casual faculty member. IMPORTANT INFORMATION - Please download and read, Please download and review the Transamerica Retirement Advisors, LLC Form CRS. Our customer care team is available Monday through Friday, 8 a.m. 9 p.m. Or you can decide to receive income for a certain number of years or take a cash withdrawal (depending on your plans provisions). 2023 Johns Hopkins University Human Resources, Meet with an Expert from Marsh McLennan Agency. Each offers employees a tax-advantaged way to save for retirement. While you are still employed by the university, you may withdraw your employee contributions from the Plan, and investment earnings on those contributions, at any time after you reach age 59. YjhhNGJhOTk4NzZjYTM2MzA1ZTUyZDFjZGI2MmVhN2UxNGYyYjljNjI3ZGQw YzFiNWZkYTU1YzYxOWYzNDg0Mjc4Mjg0ZGMxOTQyMTUzYjk4M2YwMDBhNDgw $14.5 million at Vanderbilt University, $14 million at Johns Hopkins University, $3.5 million at Brown University, . Securities are offered through Transamerica Investors Securities Corporation (TISC), memberFINRA, 440 Mamaroneck Avenue, Harrison, NY 10528. Graduate & new-to-specialty training. They offer several payment options, including lifetime income. 1Annuities are designed for retirement savings or for other long-term goals. TIAA-CREF Life Insurance Company is domiciled in New York, NY with its principal place of business in New York, NY. All qualified applicants will receive consideration for . How do I find an online Notary? If you need some of your retirement savings in cash, you can withdraw your TIAA Traditional Account balance through a Transfer Payout Annuity (TPA) under the terms of the contract. MjhlZDg0ZDUxMWY4MzJlNmZmYjI1MTVjYTA0MWFlN2RiYmI1ODJiMDE1Mjk4 JHU's retirement plans reward you for your contributions and help you build toward future financial security. The About Probability Illustrations, Limitations, and Key Assumptions apply to the OnTrack tool and the Advice Services, which includes Managed Advice (offered in plans and IRAs) and Advisor Managed AdviceSM. New employees are automatically enrolled in the program with an initial 2% pre-tax contribution level. Log in to see the summary. 403 (b) Retirement Savings Plan To help you add to your personal retirement savings we offer all eligible employees the option to participate in a 403 (b) retirement savings plan, also called a tax-deferred annuity program. The committee serves as the university's named fiduciary, which means it is required by law to make decisions about the retirement plan while acting solely in the interest of the plan's participants. Typically, a Company Sponsor (Employer) of this type of plan creates an account for every individual Participant. Click here to view JHH Union Benefits Package! 2023 Johns Hopkins University Human Resources, https://hr.jhu.edu/wp-content/uploads/tiaa_roth_012023.mp4. Who would benefit most from owning mutual funds? In addition, for more information on fees and investments, refer to "Mutual Funds and In-Plan Annuities" via TIAA.org/performanceOpens in a new window which is a good source for additional plan and investment-related information. If youre 55 or older, you can sign up for JHUs free one-day pre-retirement seminar or our annual pre-retirement conference for a deeper understanding of our benefits, legal and financial planning, and other important aspects of retired life. YzQxZTk5MjY0OGVhYWQ4OGU3ZmYwNzgwMjk4OTUzZTRlYzIwMzRjMGJlM2I4 Review the fees and expenses you pay, including any charges associated with transferring your account, to see if consolidating your accounts could help reduce your costs. Mutual funds offer diversification, professional management, relatively low investment minimums and fees, and a range of choices among different asset classes. Fees should be just one factor in your decision-making process since the lowest cost option may not be the best one for you. Personalized services provide access to a number of plan features and investments that you pay for, only if you use them. Owning mutual funds can reduce risk through diversification and professional management, and allow you to potentially invest in a broad range of asset classes U.S. and non-U.S. stocks, bonds, and real estate with smaller amounts of assets. John Hancock Retirement Plan Services, LLC, John Hancock Life Insurance Company (U.S.A.) and John Hancock Life Insurance Company of New York each make available a platform of investment alternatives to sponsors or administrators of retirement plans without regard to the individualized needs of any plan. Learn more: Vaccines, Boosters & Additional Doses | Testing | Patient Care | Visitor Guidelines | Coronavirus. This material is for informational or educational purposes only and does not constitute fiduciary investment advice under ERISA, a securities recommendation under all securities laws, or an insurance product recommendation under state insurance laws or regulations. Results may vary with each use and over time. For general retirement plan questions, contact the JHU Benefits Service Center at 410-516-2000 or benefits@jhu.edu. We value your contributions and want you to stay connected to JHU. Once logged in, you'll be taken directly to the desired page. Create a healthier tomorrow by making small changes today. Pension and 403B retirement savings plan ; Exclusive Employee Discounts: Cell phone plans, amusement parks, shopping, hotels, cars, electronics, restaurants and more! These assumptions are adjustable by you or by your employer if you are in an employer-sponsored retirement plan. YzE4NGMxZTI5ODQzZDkxYmMxMmMwZWM1NWRlMjQ2ZGJhNTc2NjNiMDU5NWU3 YTg4ZTE0YTY1N2E5MTEzNWZiZTEzODBiYjBlMzA4MTg5MjBmZmRkNWNiOTg2 Comments are welcome at the town hall meetings, or employees can submit comments and suggestions by email to 403bFeedback@jhu.edu. N2E0ZjIzN2QzNWZkNTJlNDEwMDAxODNjOGRkMWJkNWI0ZGEzZTIyNDUzOTFl Like 457 Plans, the catch-up limits for 403(b) plan participants aged 60 to 63 will increase to the greater of $10,000 or 150% of the "standard" catch-up amount for the relevant tax year . IMPORTANT: The projections or other information generated by the engine regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results, and are not guarantees of future results. . See the Summary Plan Description for additional information on the universitys 403(b) Plan. Two retirement plans: Retirement Income Plan and 403(b) Savings Plan; Affordable Healthcare options; 7 paid holidays each year; Paid Days Leave (PDL) Flexible Spending Accounts . Moreover, even though the tools estimates are statistically sound based upon the simulations it runs, the tool cannot foresee or account for every possible scenario that may negatively impact your financial situation. TIAA Traditional is a guaranteed insurance contract and not an investment for federal securities law purposes. Vesting refers to your ownership of your Plan account. If you're already enrolled, log in to your secure account from the login button at the top of the home page of this site. Both have the same basic contribution . Is there a tax advantage to owning variable annuities versus mutual funds? Do you have retirement accounts with former employers? Investment in variable products is subject to the risks associated with investing in securities, including loss of principal. MWZjNDIxMmQ2ZTI1OTI4YTYwYWE3NDE2NTFhMzQ4NTJlMTI0Mjc1NTNhN2Fh Cut through the noise with concise and relevant market commentary from Tom Wald, CIO of Transamerica Asset Management, Inc., on questions investors face as they pursue their retirement goals. Current Employees. You are eligible to immediately make voluntary pre-tax and/or Roth contributions to the Plan if you are a full-time, part-time, visiting, limited, or casual faculty member. Generally, you must show an immediate, significant need that cannot be met with other resources, including loans from your retirement plan. RECOMMENDED ALLOCATIONS (as of 3/31/2021) help. These payments generally are available to individuals who have attained age 55 but have not yet reached RMD Applicable Age and must begin at least one year prior to reaching RMD Applicable age. See how each step you take today can make a meaningful difference tomorrow. maintains The Johns Hopkins Health System Corporation 403(b) Plan (the "403(b) Plan") that helps you add to your personal retirement savings. Think about these three easy things you can do to keep your momentum & finish strong: Taking advantage of any new plans or matches your employer may offer. For more detailed information about the 403(b) plan, including eligibility, contribution limits, vesting, employer matching and payments, download your Summary Plan Description. IMPORTANT: TIAA doesn't offer loans on Roth accumulations in 403(b)/401(k) plans. 2021 Teachers Insurance and Annuity Association of America-College Retirement Equities Fund, 730 Third Avenue, New York, NY 10017, One- or two-life annuity with guaranteed period, Qualified Domestic Relations Orders (QDRO), Sales charges, purchase, withdrawal and redemption fees for certain investments. Report. Capital market assumptions are forecasts which involve known and unknown risks, uncertainties, and other factors which may cause the actual results to differ materially and/or substantially from any future results, performance, or achievements expressed or implied by those projections for any reason. Review your Welcome Kit carefully to verify the information is correct, including investments and beneficiary information. Estimated retirement income used in the probability illustrations are after-tax. $20,000.00 Sign-On Bonus for Experienced ICU RNs! About Probability Illustrations, Limitations, and Key Assumptions. A SECURE 2.0 summary of provisions, purpose, and timing. 2023 Johns Hopkins University Human Resources, Meet with an Expert from Marsh McLennan Agency. Contributions to this account will be 100% vested immediately. OGI2MDhlNWJjMGY5ZDhkMDE3MGMwMzU5NTRjMGMzYzJhNGNhY2QzNzAyMjNi Review your Welcome Kit carefully to verify the information is correct, including investments and beneficiary information. Aim to contribute this much (which can include contributions from your employer, if available) throughout your entire working career. MDIxZTRlYTE3NmVmOGFhOWYzYTg3YzU0NDI5OGUwOGNiMjk0OWEyMjNiOGRl The CARES Act which aims to provide relief for those financially impacted by the crisis includes provisions that may allow more flexibility in accessing retirement assets for those who qualify. Get a sense of your financial health with these easy-to-use calculators. Any withdrawals from tax-deferred sources may be assessed an early withdrawal penalty which is taken into consideration in these illustrations. To help you add to your personal retirement savings we offer all eligible employees the option to participate in a 403(b) retirement savings plan, also called a tax-deferred annuity program. If your plan allows, you can consider updating your contribution rate, the money set aside each paycheck for your retirement. YTZjODkzYjUzZTM1MmY4ODFjMGE0OTY0ZDk4YjA4NDdlN2VkNjExNDZhMDkx A dedicated Transamerica Retirement Planning Consultant can help you navigate financial decisions through any life event because while retirement may be the ultimate goal, the decisions you make along the way can determine your ability to retire when and how you want. To make retirement planning easier and more effective for employees, the number of investment choices is expected to be reduced GETTY IMAGES Hub staff report / Jan 13, 2020 Johns Hopkins University is conducting a review of its 403 (b) retirement plans, which will result in changes to the investment fund choices that are available to employees. Each is solely responsible for its own financial condition and contractual obligations. Its California Certificate of Authority number is 6992. While you are still employed by the university, you may withdraw your employee contributions from the Plan, and investment earnings on those contributions, at any time after you reach age 59. 2023 Transamerica Corporation, Change how much you invest for the future. If you are age 50 or older, you may also be eligible to make catch-up contributions (up to an additional $7,500 in 2023). If you have money in other employer's plans, you may be able to transfer or roll it over to the Johns Hopkins University retirement plan to increase your maximum loan amount. An annuity is an insurance contract with one or more fixed-rate and variable investment options. Or you can decide to receive income for a certain number of years or take a cash withdrawal (depending on your plans provisions). Browse our category menus to discover hundreds of online resources frequently used by faculty and staff, or use the search to find people. . JOHNS HOPKINS HEALTH SYSTEM CORPORATION 403 (B) PLAN. People are living longer than ever. Retirement doesn't have to be about "winding down." The role of the onsite Retirement Planning Consultant is to assist you with your retirement plan. See how your retirement plan can be a helpful tool for investing for your future. When you enroll online, you create an individual account where you can view your balances, change your investment mix, make transfers and other transactions. An advantage is that your contributions and earnings may be eligible to be tax-free at retirement. 1101 EAST 33RD STREET, SUITE A222. It is possible to lose money by investing in securities. These costs are allocated to each participant in a uniform way. Contact JHU's dedicated retirement service center at 888-200-4074, 8 a.m. to 10 p.m. weekdays, for answers to your questions. The Morningstar name and logo are registered marks of Morningstar, Inc. Research our firm using FINRA's BrokerCheck. Call 855-712-0562 or schedule an appointment. Do not sell/share my personal information. Posted in Benefits+Perks This requirement is similar to one in a settlement announced in April affecting the 403 (b) plan of Vanderbilt University, Nashville. Johns Hopkins University offers this plan as part of workplace benefits. You may choose to designate all or a portion of your per-pay contribution as Roth, but these monies are not eligible for loans or hardship distributions. You are always 100% vested in all contributions, including those from the university. For help and advice, call us anytime at 888-200-4074. ET. If 10-15% is an amount you can't afford right now, contribute as much as you can comfortably afford. Please consult your legal or tax advisor. Call the JHU Retirement Center at TIAA at 888-200-4074. Your RMD Applicable Age was 70 if you were born before 7/1/49; 72 if you were born on or after 7/1/49 or in 1950; 73 if you were born between 1951 and 1958; 75 if you were born in 1960 or later. The RPIC discovered that while many higher education peers offer fewer than 50 investment fund choices to their employees, JHU has more than 400 fund options. NTY3NzFjOTVjYTc3ODAyN2U0MjI0OGJhYjRlMzAwMzg3NTI3MmExYjNlY2Ey Learn ways to save and invest to help you prepare for your retirement. When you leave your employer, you may be eligible to withdraw your retirement savings. We are vaccinating all eligible patients. Roth contributions are made on a post-tax basis, which means your taxable income is not reduced. You cannot invest directly in an index. Our 403(b) plan is administered by Transamerica. You have options. For IRAs (other than Roth IRAs), your required beginning date is April 1 of the year following the calendar year in which you reach your RMD Applicable Age. Both options receive favorable tax treatment under the plan. This plan operates similarly to a 401(k) planyou elect to have a percentage of your annual salary deposited into an account each pay period. That's just one reason why we are the #1 choice for educators in K-12 schools in the U.S. 1 and help thousands of non-profit employees realize their retirement dreams. Learn about privileges and perks. Your employer will typically allow you to withdraw funds once you've reached 59.50. Important information from Johns Hopkins University . Learn ways to save and invest to help you prepare for your retirement. Each is solely responsible for its own financial condition and contractual obligations. 403b Retirement Savings with Match 403(b) retirement savings plan; Tax-deferred annuities; Healthcare and . You can also contact us online. This material does not take into account any specific objectives or circumstances of any particular investor, or suggest any specific course of action. Future healthcare expenses are important to consider as you build a long-term retirement strategy. Current investment options are assigned to asset classes based on Morningstar Categories, and fees and charges inherent in investing are incorporated with an average fee assumption for each asset class. YzNhZGVhZGNjOThhMWZlZDA3Yzk0N2MyZWZhMTVmN2NhMTZkYWY0YzE0Njgz Mutual funds offer systematic withdrawals. Yzc2YmVhNjI2ZGFiNjNmYzc2ZmMzM2E4ODY5Mzc2ZDYyMmEwNjk3ZWQ0MTVj Payments stop at the end of the period, during which you will have received all your principal and earnings. TIAA has partnered with Notarize.com (www.Notarize.com/TIAAOpens in a new window) to offer a digital and secure way for you to fulfill notarization requirements for your forms. Investment Advisors Customer Service Web site American Century 1-888-345-7654 www.americancentury.com Fidelity 1-800-343-0860 www.fidelity.com TIAA-CREF 1-888-200-4074 www.tiaa.org VALIC 1-800-448-2542 www.valic.com Vanguard 1-800-523-1036 www.vanguard.com RESOURCES: Johns Hopkins University 403(b) Plan At that time investments were limited to annuity contracts. Johns Hopkins University 403(b) Plan, Vanguard. You are eligible to immediately make voluntary pre-tax and/or Roth contributions to the Plan if you are a full-time, part-time, visiting, limited, or casual faculty member. Oct 8, 2020. Transamerica has licensed the Morningstar Wealth Forecasting EngineSM from Morningstar, Inc., which is used by Morningstar Investment Management LLC, a registered investment adviser and subsidiary of Morningstar, Inc., in the services it provides to participants. YTk2YzdlOWNlMWJiZWI3M2YzYTdkYjU4NmUxMzQyMWE5OTI4MzRlN2M1OGMy YjEyNzcxYTYzNzA1YzUwNGYxMTg3OWZhOTFjYzc5MzI2M2JhZjliZjE1MjFj Determine your required minimum distribution (RMD). The probability illustrations assume both retirement at the age at which you qualify for full Social Security benefits and an annual retirement income goal of 80% of your projected final working salary. ZmQ4YjdiZGEzNjZhZTNlMzcwZGM0ZTc4OGIwMTI4NGZkZDFlYWRjZDYxYWY4 No, there is no tax advantage to owning variable annuities or mutual funds in your TIAA-funded retirement plan. The maximum loan amount available to you is calculated based on the total accumulations in your contract, minus any Roth accumulations. Posted in Benefits+Perks Tagged hr newswire Otherwise, mutual funds and annuities are treated very similarly when offered as part of your employers retirement plan. NDAxNWQyYzMyYjFhMzg2NDU0MTk3YjJmNTE3ZTY2ZDBiMjY5MjgwZTgxNzI5 You are eligible to immediately make voluntary pre-tax and/or Roth contributions to the Plan if you are a full-time, part-time, visiting, limited, or casual faculty member. JHUs retirement plans reward you for your contributions and help you build toward future financial security. Any guarantees under annuities issued by TIAA are subject to TIAA's claims-paying ability. Think about using the Retirement Advisor ToolOpens in a new window to get more insights or call one of our experienced financial consultants to discuss more options at 888-200-4074.