5 Tips to Boost Your Retirement Plan Savings and How to Schedule a Virtual Consultation

Staying calm amidst the market’s recent downturn is a challenge, but with a renewed  focus on your finances you can take steps to mitigate risk.

Here are 5 tips to boost your retirement plan savings courtesy of Human Resources.

1. Start Today It’s never too late to start planning for your future!
2. Contribute to the Chapman University 403b Plan – Pre-tax and after-tax Roth contributions are available. 2020 IRS limits allow you to contribute up to $19,500.
3. Get Employer Matching Contributions – Eligible participants can receive up to a 6% matching contribution when making an employee contribution!
4. Take advantage of the catch-up provision – Are you over 50?  In addition to the annual limit, you can contribute an additional $6,500.
5. Ask Questions and Plan – Retirement planning can be intimidating, but don’t let that stop you.  TIAA and Fidelity representatives can help with a personal consultation session.

Schedule a Virtual Consultation

Get insights from experts and get your financial questions answered. Meetings with Fidelity and TIAA Retirement Plan consultants are being conducted virtually.

To schedule a phone or virtual consultation with Fidelity Consultant, Christian Frost, please call 800 642-7131 or sign-up on the Fidelity Appointments website.  Christian is available on the following dates:

• Thursday, May 28^th (still has availability)
• Tuesday, June 16^th
• Thursday, June 25^th

To schedule a phone or virtual consultation with TIAA Consultant, Heath Polzer, please call the TIAA Service and Scheduling Group at 800 732-8353 or sign up on the TIAA Appointments website.  Heath is available on the following dates:

• Thursday, May 28^th (still has availability)
• Tuesday, June 9^th
• Wednesday, June 17^th
• Friday, June 26^th

Part time faculty who participate or would like to participate in the Chapman University Tax-Deferred Annuity 403(b) Retirement Plan are welcome to schedule consultations with these representatives.

For more information or if you have any questions contact Rudy Arciniega, rarcinie@chapman.edu or 714 628-2734.