UNC System Voluntary 403(b) Retirement Program

The University of North Carolina implemented a new system-wide voluntary 403(b) retirement program effective January 1, 2009. TIAA-CREF and Fidelity were selected as the only approved vendors to provide a wide range of services and 403(b) investment options.  Agreements are in place with VALIC, Lincoln Financial, Horace Mann, and ING, which limits these vendors to offering loans and hardship withdrawal transactions under the system-wide plan.
 
The ENROLLMENT PROCESS is just two simple steps:
 
Step 1: Complete a  Salary Reduction Agreement (SRA) Form
 
 Complete the SRA form, print a copy, sign it, and send it to your campus HR/Benefits office.
 
 
Remember, you must submit the completed SRA form to your campus HR Benefits office before any contributions can be accepted into your account.
 
Step 2:  Select Your Investments
 
You can enroll in the program and select investments through TIAA-CREF and/or Fidelity by following the links below to the 403(b) provider’s online enrollment web site.  
 

 

Enhancing Our Retirement Program:  A Tradition of Commitment

 

The University of North Carolina (UNC) sponsors various retirement programs (e.g., the UNC Optional Retirement Program (ORP) and the UNC 403(b) Plan), which provide you the opportunity to save for your financial future. We continuously strive to improve these programs to help ensure that you reach your retirement savings goals. That’s why we are excited to announce important upcoming changes to these programs — changes we believe will make saving for your future simpler and more rewarding.

 

What’s Changing?

 

Effective July 1, 2014, the fund lineup for Fidelity and TIAA-CREF will change to a four-tier structure.

The four new tiers are:

 

  • Tier 1 – Target Date Funds
  • Tier 2 – UNC Risk-Based Models
  • Tier 3 – Core Fund Lineup
  • Tier 4 – Self-Directed Brokerage (Employee-only contributions)

 

Transition Guide

Transition Guide Addendum - Fidelity Model Portfolios

Transition Guide Fund Mapping Appexdix - Core Fund Line-up

Transition Guide Fund Mapping Appendix - All Funds