Retirement Savings Plan

We want you to enjoy your retirement. Planning ahead is a good place to start. We have two retirement plans available at EMU. See which one you qualify for: 

How Healthy Are You, Financially?

Keeping fiscally fit is more important than ever before. TIAA offers a personal financial organizer which includes financial wellness tips, tools and checklists to help you organize your finances and plan for your future. Get yourself a financial checkup and download your personal financial organizer [PDF].

In addition, TIAA-CREF comes to campus twice a month for individual counseling sessions to help you with your account. To make an appointment, visit the TIAA schedule site or call 800.732.8353.

Obtaining a Loan or Withdrawal from your Supplemental Retirement Account

Loan Administration Procedures from 403(b) Voluntary Retirement Plan

  • You must have a 403(b) in place before applying for a loan.
  • Contact TIAA at 800.842.2776 to request a loan and TIAA see if you're eligible for a loan based upon outstanding loan balance and account fund availability.
  • After availability verification, TIAA will provide you with a loan application.
  • If you aren't eligible for a loan, a hardship can be processed. If you're eligible for the loan, please see procedures for loans.

Hardship Withdrawal Administration Procedures from 403(b) Voluntary Retirement Plan

  • You must have a 403(b) in place before applying for a hardship and have applied for a loan and been turned down prior to requesting a hardship withdrawal.
  • Contact TIAA at 800.842.2776 to request the loan/hardship, whichever is applicable.
  • Hardships are issued for mortgage payments, taxes, medical payments, funeral expenses and for post secondary college (employee and dependents).
  • TIAA will verify if you're eligible for a loan based upon outstanding loan balance and account fund availability. If you aren't eligible for a loan, a hardship can be processed. If you're eligible for the loan, please see procedures for loans.
  • After availability verification, TIAA will provide you with the hardship application which must be completed; signed by a designated person in the Benefits Office; and turned into TIAA.
  • Upon receiving the notification from TIAA of the hardship approval, the Benefits Office will end your voluntary 403(b) supplemental retirement deduction and set it to begin again in six months.