Retirement and Financial Planning
New 403(b) Contribution Limits
The IRS has announced an increase to the contribution limit for the 403(b) Voluntary Retirement Plan for 2025. Review the new 2025 403(b) limits.
Note:
- If you are currently contributing the maximum amount and would like to continue with the same contribution, no action is needed on your part.
- If you are age 60 – 63 by 12/31/2025, you can contribute a maximum amount of $34,750. If you are currently contributing the maximum amount, and will be between age 60 – 63 by 12/31/2025, you will automatically contribute up to $34,750 unless you decide to change your deferral election. If you have any questions about this new contribution limit, please reach out to Ron Chin at rchin2@usfca.edu
| Quick Link | Description |
|---|---|
| 401(a) Plan | Read more about the Defined Contribution Plan 401(a): University-funded plan provided through TIAA. |
| 403(b) Plan | Read more about the Voluntary Retirement Plan 403(b): employee-funded plan provided through TIAA. |
| Change your 403(b) contribution | Read more about how to modify your TIAA 403(b) contribution election |
| Retirement Healthcare Savings Plan | Read more about this tax-advantaged plan provided by TIAA to save, invest, and accumulate assets to pay for healthcare expenses in retirement for full-time faculty/librarians and non-union staff. Review the Retirement Healthcare Savings Plan, the User Guide, visit https://www.tiaa.org/public/tcm/usfca, or call (877) 554-1004. |
| Financial Advisor Reimbursement | Choose your own financial advisor and get reimbursed up to $200.00 (before taxes) per calendar year. |
| Financial Terms | The field of finance can be complex, but learning about common financial terms can help you understand economic concepts, as well as your retirement plan. Having a clear understanding of such terms may help you with financial decision making. |
| Give Your Retirement Plan a Raise | Saving more for retirement is a smart money move with many benefits. Has your paycheck increased over the years? Have your living expenses changed? If so, consider contributing more to your retirement plan. |
| Manage Retirement Beneficiaries | Add or update your retirement plan beneficiaries. |
| Medicare | Information on the federal health insurance program for individuals age 65+ |
| Meet with TIAA | Book your complimentary consultation with a representative from USF’s retirement plan provider. |
| Pre-65 Retiree Plan | Read more about the Pre-65 Retiree Plan offered to eligible retiring employees aged 60-65 upon retirement. Employees are responsible for paying 100% of the premiums. |
| Retirement Plan Fees | Read more about required Participant Disclosure Notice(s) sent to all employees who are eligible for USF's 401(a) and 403(b) plans. |
| Retirement Plan Loans | What to know about before taking one |
| TIAA Financial Webinars | Get 24/7 access to a wide range of articles, on-demand seminar videos, and live monthly seminars designed to help you save more, better manage your expenses, and invest for your retirement. Registration required. |
| TIAA Mobile App | Use a QR code to download the TIAA app onto your phone so you don’t have to only access your account from a desktop. |
For any questions, please reach out to the Retirement Plan Manager at retirementplan@usfca.edu.
Human Resources
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San Francisco, CA 94118
Hours:
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