Roanoke College offers the Defined Contribution Retirement Plan through TIAA-CREF to all part-time and full-time regular employees. The College contributes 9.5% of annual salary and employees have a mandatory contribution of 5% of annual salary. Employee contributions in excess of 5% may be contributed to TIAA-CREF's Group Supplemental Retirement Account (GSRA).
Changes to the Roanoke College Retirement Plan Effective January 1, 2014
In light of recent changes to the regulatory and legislative requirements surrounding employer sponsored retirement plans, the Roanoke College Retirement Plans Committee was established to carry out the fiduciary duties and oversight responsibilities associated with the College's retirement plans. The Committee has engaged CAPTRUST Financial Advisors, an independent investment advisory firm, to assist with the Committee's ongoing duties. For more information, please see the memo and TIAA-CREF Presentation below.
Retirement Plan Change Memo
Retirement Limits for 2014
401k/403b/457 Deferral Limit
401k/403b/457 Catch Up Limit (Age 50+)
Link to Salary Reduction Agreement Form - TIAA-CREF
How to Enroll
All eligible employees must enroll online. Use the link below for step-by-step instructions.
How to Enroll Online
TIAA-CREF (800) 842-2776