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TIAA 403(b) Retirement Plan Beneficiaries

Location: Office of Human Resources

When was the last time you checked the beneficiary information in your TIAA retirement account? Life changes, and so do your wants and needs. If something happens to you, make sure your beneficiary information reflects your current wishes. Don’t assume you’re covered because you’ve spelled out your wishes in a will. Retirement plan assets will be transferred according to the terms of your plan’s beneficiary designation, not by the terms of your will. If there’s no named beneficiary—your account defaults to “estate”—which can potentially increase the risk of significant delays and costs to those you wish to name.

It’s quick and easy to update your TIAA 403(b) beneficiaries! Go to TIAA.org/fairfield to register and/or log in to your account. Once logged in, under the “Actions” tab, choose “Add/edit beneficiaries”. From there, you can designate beneficiaries and select how much each should receive.

Important: If applicable, be sure to designate a beneficiary for both the Fairfield University Defined Contribution Restricted Plan as well as the pre-tax and/or Roth post-tax 403(b).

Related Web Site : http://www.tiaa.org/fairfield


For more information, contact Blythe Josovitz, Benefits Manager / 203-254-4000 x.2995 / bjosovitz@fairfield.edu