TIAA Elective Deferrals

730 Third Ave
New York, NY 10017
1-800-842-2252

Elective Defferals

  • TIAA pre-tax elective deferrals provide tax-deferred savings and let you put away more for retirement beyond your basic retirement plan. 
  • All full time employees are eligible for elective deferrals regardless of their basic retirement plan election.  Part time employees may be eligible.
  • Contributions are voluntary amounts you make on your own.
  • The Internal Revenue Code limits the total amount you can contribute.  The combined amount contributed to all traditional pre-tax accounts and designated Roth accounts in any one year for an individual is limited under the IRC Section 402(g).  The limit is $18,000 in 2016.  You may be able to contribute more if you are 50 or older or if you have 15 years of service.  Please consult with TIAA or your tax or financial advisor for further information on contribution limits.

QUESTIONS/CONTACT INFORMATION

  • Dedicated retirement plan website:  www.tiaa.org/nwacc
  • Call TIAA at 1-800-842-2252.  Consultants are available weekdays, 8am - 10pm and Saturday 9am - 6pm. 
  • Contact your Benefits Coordinator

forms

Salary Reduction Agreement