Retirement Savings
Moravian Retirement Plan
The Moravian University Retirement Plan is available to employees who typically work 20 hours per week or 1,000 hours annually (additional exclusions may apply). Deferral options are listed below. View the Summary Plan Description or contact Sabrina Senick, senicks@moravian.edu, for more details.
Employer-funded account |
Employee-funded account |
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| Contributions can be made by Moravian University on a discretionary basis.* Check with HR for the current contribution amount! Employee contribution is not required to receive the employer contribution. Eligible employees are automatically enrolled in the employer-funded retirement plan. A default investment option is selected. |
Enroll today or change your current election IRS contribution limits Contribution types Pre-Tax All eligible new hires will have 2% of their paycheck automatically deferred on a pre-tax basis. There is an opt out option. Automatic enrollments will be increased by 1% on an annual basis. After-Tax Moravian offers an after-tax Roth deferral option, where no taxes are paid when money is withdrawn. |
Your contributions
| Online salary deferral | ||
| Change your retirement contribution amount by logging in to your TIAA account. Locate the contributions link under the Actions header. Follow the prompts to start or make changes to your contributions. |
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| Automatic increase feature | ||
| Automatically increase your retirement plan contributions to help you save more for your retirement. You select the amount of the increase, the frequency and the start date! |
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| Getting online access is easy | ||
| Visit TIAA.org/moravian. Click Log in in the upper-right corner and then Register for access. |
Carrier Information
TIAA
- Website: TIAA.org/moravian
- Phone: 800-842-2776
When was the last time you increased your contributions? A TIAA financial consultant can help you consider how to save more for retirement. Call TIAA at 800-732-8353, weekdays, 8 a.m. to 8 p.m. (ET), or schedule a consultation on line.
- Understand all your investment options
- Determine how much to save
- Make informed choices and monitor your progress
*Moravian ministers under call may be required to remit the institutional contribution to the designated provincial church pension plan.