Supplemental Retirement Accounts

New for 2025! USM Retirement@Work Portal Coming Soon!

To prepare for a new online portal, we are no longer accepting paper forms. Starting December 17, 2024, you'll be able to access your supplemental retirement accounts through the new Retirement@Work® portal. This new portal will combine all your University System of Maryland retirement savings (403(b) and 457(b) plans) from TIAA and Fidelity into one convenient location.

QUIET PERIOD

While the new system is being set up, there will be a quiet period from November 13, 2024, through December 16, 2024, during which no changes can be made to any TIAA or Fidelity supplemental retirement accounts.  

On December 17th, when the USM Retirement@Work portal is live, you will be able to login and make changes again to your TIAA and Fidelity accounts. Those changes will take effect on the first paycheck in the 2025 calendar year: January 3, 2025.

Please note: all existing contributions will continue for the remaining three paychecks (11/22, 12/06, and 12/20) in the 2024 calendar year. No action is required by employees for their contributions to continue at the current amount. 

 

 

Supplemental Retirement Account (SRA) deferral limits for calendar year 2025:

Age Contribution Limit*
49 and under $23,500
50 and over $31,000
*These contribution limits are to either a 401(k) or a 403(b) plan. Contributions up to these maximums can also be made to a 457(b) plan

Special Note: Under a change made in SECURE 2.0, a higher catch-up contribution limit applies for employees aged 60, 61, 62 and 63 who participate in these plans. For 2025, this higher catch-up contribution limit is $11,250 instead of $7,500. Contact your financial advisor for more information.

Resources:

Enroll or Make Changes

TIAA (457b / 403b): Online portal coming soon

Fidelity (457b / 403b): Online portal coming soon

MSRP/Nationwide (401k / 457b / 403b): Enroll or Make Changes Online

Retirement Vendor Information

Vendor

Contact Information

Web Address

Meet with Vendors by Appointment
Fidelity 

Paul Vutiprichar
(800) 343-0860
punchai.vutiprichar@fmr.com

 https://nb.fidelity.com/public/nb/usm/home

Click here to schedule an appointment
Nationwide 

Savannah Bellamy
443-468-5038
raths5@nationwide.com

 www.msrp.state.md.us
Account Info Website:
www.MarylandDC.com

Do you already have an account with Nationwide through MSRP and need help with your account? Early & Mid-Career Employees:  Schedule a Call or Virtual Appointment With Your Retirement Specialist, Savannah Bellamy

Are you getting ready to retire or are within 5 years of retirement?

Schedule an appointment with Geoff Flanders

Schedule an appointment with Abby Kuo

 
TIAA Field Support Team
1-800-732-8353		 TIAA Website

Foreign Language Interpreter

 

Click here to schedule an in person (on campus) or virtual appointment with a TIAA representative