Changes to TIAA plan take effect this month; learn more

By Anne Krapfl
April 03, 2025

In mid-April, several previously announced enhancements to Iowa State's retirement plan with TIAA will take effect. In the lead-up week, TIAA participants are invited to learn more about the changes at one of six in-person or virtual general information sessions. There also will be a 10-day window (April 14-25) for one-on-one sessions with a TIAA professional to discuss individual plans.

Learn more

TIAA enhancements

The basic design of the retirement program with TIAA will remain the same, as will contribution rates and eligibility requirements. And consultations with TIAA representatives, virtual and on-campus options, will remain free. The changes are intended to make the plan more attractive, for both current and prospective employees.

An overview

The general information sessions will cover topics such as:

  • Investment funds being removed from and added to the menu for ISU participants. The number will go from 45 to 28 funds.
  • The new self-directed brokerage account, an option not offered previously.
  • The new default option, Iowa State RetireOnTrack. For participants who don't select from the above options, their account balance will go into this portfolio.
  • Instructions for accessing and tools for managing your account
  • Timeline for the transition, including deadlines

General information sessions*

Virtual

 

   April 8, 11 a.m.

Registration site

   April 8, 2 p.m.

Registration site

   April 9, noon

Registration site

In-person (no registration required)

 

   April 8, 3 p.m.

Reiman Ballroom, ISU Alumni Center

   April 14, 10 a.m.

3560 Memorial Union

   April 14, 1 p.m.

3560 Memorial Union

*Employees are asked to not use the general information sessions to ask questions unique to their portfolios.

 

Individual help

Employees who participate in the TIAA plan who'd like a discussion about their account specifically have several options to get individual help:

1. Stop at an on-site information desk prior to and following all three in-person information sessions.

2. Schedule an in-person or virtual session during the April 14-25 window at www.tiaa.org/schedulenow or by phone, 800-732-8353 (weekdays 7 a.m.-7 p.m.). Campus buildings designated for in-person meetings are:

  • Beardshear Hall
  • General Services Building
  • Memorial Union
  • Parks Library
  • Patterson Hall (College of Veterinary Medicine)

 

 

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