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Automatic Savings Plans

TIAA-CREF Automatic Savings Plan for New Employees Hired on or After January 1, 2012:

Recognizing that most employees do not plan adequately for retirement, an automatic savings plan will automatically enroll new benefits-eligible staff and faculty into a three (3) per cent tax deferred annuity retirement program with TIAA-CREF. This automatic program has the same investment options afforded to other TIAA-CREF plans with ISU. A default investment of Life Cycle funds will be utilized with the option for employees to change investment options at any time. Employees will have 90 days in which to opt out of the program should they not want to participate.

NOTICE TO NEW EMPLOYEES REGARDING THE AUTO ENROLL PROGRAM 

Auto Enroll Opt Out of Participation Form