The opportunities you have to plan and save for your financial future are important. Ithaca College is committed to providing our employees with competitive retirement benefits and tools that will support attaining their retirement saving goals. The 403(b) Investment Committee meets regularly to review the plan and consider how to improve available options. As part of their review process and in an effort to better align the plan with best practices and make improvements for our participants, the Committee recommended some upcoming important changes to the Plan.
While the basic design of the retirement plan, including eligibility and vesting requirements, remains the same, the following changes will be made:
- Employer match increase
- Recurring auto enrollment
- Changes to the timing for the automatic increase
For full details about these changes and more important information please review the Important Updates to the Ithaca College 403(b) Retirement Plan document in the resource section on the Retirement Planning and Programs page.