Group #: TT069446 00001
- Transamerica - Retirement Welcome Packet
- Transamerica - Easy access to your account
- Transamerica - Summary Plan Description
- Transamerica - Signed Plan Document
Contributions - All current employees including our adjunct faculty and temporary employees, with the exception of student-employees, have the option to set aside money for retirement on a voluntary basis in either regular pretax contributions to the University retirement plan, or through Roth 403(b) contributions up to the annual IRS limit. The annual maximum for 2018 is $18,500. If you are age 50 or over, a "catch-up" provision allows you to contribute additional $6,000 into your account. It is also important to note that Willamette's contributions do not affect your maximum annual contribution limit.
Eligibility - You can start contributing toward your retirement the month following your hire date.