Elon University is committed to helping employees prepare for a secure and rewarding retirement. This page provides information about retiree eligibility for Elon-specific benefits, participation in the university’s retirement savings plans through TIAA, and access to important retirement planning resources. Whether you are just beginning to plan or nearing your retirement date, the resources below can help you make informed decisions about your financial future.
To qualify as an Elon retiree an employee must be at least 59.5 years of age and have 10 years of service. There is no mandatory retirement age.
Elon University partners with TIAA to provide employees with access to retirement savings plans designed to support long-term financial security. All full-time regular employees are required to participate in the defined contribution plan after completing a one-year waiting period (unless waived through prior 403(b) participation). Employees are required to contribute 4% of their annual base salary, and Elon contributes 8%. Additionally, Elon employees are 100% vested.
Part-time and full-time employees are eligible to participate in the tax deferred annuity plan at any time while employed.
Before you can view your retirement plan details or manage your account, you’ll need to create a TIAA login and connect it to Elon University. Follow the steps below to set up your account, explore available plans, and begin managing your retirement savings online.
You can view prospectuses, account statements and many other documents—all online. If you haven’t already requested electronic delivery for all of these documents, be sure to sign up today. Simply log in to your TIAA account from the TIAA home page, and go to Profile & Settings, then Contact Information and eDelivery Preferences to select the documents you’d prefer to view online. If you need a paper copy, please contact TIAA.
Once your account is set up, managing your retirement savings is simple. Log in to your TIAA account anytime to view balances, update contributions, review investment options, and access personalized retirement planning tools. You can also stay connected with the TIAA mobile app for secure, convenient access wherever you are.
Contact customer service at (800) 842-2252 Monday to Friday, 8 a.m. to 10 p.m. and Saturday, 9 a.m. to 6 p.m, or visit the TIAA website for more contact information.
