Retirement Healthcare Savings Plan

Healthcare costs are among the largest expenses most people will incur in retirement, potentially absorbing a significant portion of your budget.  Furthermore, Medicare may not cover everything you need.  The average 65-year-old will spend approximately $173,000 for healthcare expenses through retirement, with this number likely to rise each year. 

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.