UNC System Voluntary 403(b) Retirement Program
The University of North Carolina sponsors a system-wide voluntary 403(b) retirement program . TIAA-CREF and Fidelity are the only approved vendors to provide a wide range of services and 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 403(b) 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.
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)
The following documents were mailed to all active and former participants in May 2014:
Transition Guide Addendum - Fidelity Model Portfolios
Transition Guide Fund Mapping Appexdix - Core Fund Line-up
Transition Guide Fund Mapping Appendix - All Funds