Human Resources

Optional Retirement Savings

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Tax Sheltered Annuities 403(b)

The 403(b) plan is an optional retirement savings program that allows deferral of State and Federal taxes on up to 100% of gross salary to a maximum of $17,500 through salary reduction.  There is no University matching. 

The 403(B) Program is administered by the Treasurer's Office.  Please call (774) 455-7586 or click here for more information about the 403(B) Retirement Plans, and how to open an account.

 

457 State Deferred Compensation Program (SMART Plan) 

The SMART Plan is an optional retirement savings program that allows deferral of State and Federal taxes on up to 100% of gross salary to a maximum of $17,500 through payroll deduction.  There is no University matching.  Employees have a choice of investment options, including mutual funds.  The plan is administered by Great-West Retirement Services.  Employees must contact a representative from the SMART Plan to open an account.


Please call (877) 457-1900 or visit the SMART Plan website.


Click here for more information about the 457 Retirement Plan.