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Step-by-Step Enrollment for 401a Plan
Step 4 — Submission of Forms (including deadline information)
- Campus Benefits Office must receive your completed Basic Retirement 401(a) Plan Tier Election Form by the 15th of the month prior to the effective date of your Basic Retirement 401(a) Plan enrollment.
- Mailing Instructions for Basic Retirement 401(a) Plan Tier Election Form
- Your vendor online account application(s) must be completed by the 15th of the month prior to the effective date of your Basic Retirement 401(a) Plan enrollment.
- If both actions above are not completed, you will be enrolled in the Basic Retirement 401(a) Plan by default. Your Basic Retirement 401(a) Plan enrollment will reflect Tier 1 (you contribute 3.5% of your salary and the university contributes 6.5% of your salary.) All contributions will be forwarded to Fidelity Investments and placed in the applicable Fidelity Freedom Fund which corresponds to your date of birth. All contributions will remain invested in the Freedom Fund until you elect to change the investment option or funding vehicle.