» Chapman University Retirement Plans

The University offers two retirement plans to eligible employees. They are the Tax Deferred Annuity (TDA) 403b and the Defined Contribution (DC) 401a Retirement Plans. Both plans provide tax-deferred retirement savings.

 

Important Notices to the Retirement Plans


Chapman University Tax Deferred Annuity (TDA) 403b Plan

  • The Tax Deferred Annuity Plan consists of employee contributions only.
  • Eligibility is immediate, there is no waiting period and participation is voluntary.
  • Pre-tax and after-tax Roth Contributions are available
  • Authorized fund sponsors are TIAA and Fidelity Investments

 

Chapman University Deferred Contribution (DC) 401a Plan

  • Eligibility for the Defined Contribution Plan follows the completion of 90 days of continuous service with the university.
  • The waiting period will be waived if you have an existing 403b or 401a account with TIAA or Fidelity.
  • The DC Plan consist of employer contributions only. The employer contribution consist of two contribution levels. First, a 3% mandatory employer contribution (no employee contributions are required), and second, a 1% to 6% employer matching contribution (employee contribution required).
  • Vesting of employer contributions is delayed over a four year period, 25% per anniversary year.

Loans

 

Forms


TIAA
www.tiaa.org
800-842-2776

Fidelity Investments
www.mysavingsatwork.com
800-343-0860

Summary Plan Description


The terms of the retirement plans are governed by legal documents. Should there be any inconsistencies between this information and the legal plan documents, the plan documents are the final authority.