Benefits-eligible employees are enrolled automatically in a mandatory retirement plan, but CU also offers three voluntary savings plans. These plans allow employees the opportunity to save additional money with low fees and both traditional and Roth taxation options.
Employees can now elect to make after-tax Roth contributions to PERA’s voluntary 401(k) and 457 retirement plans.
CU’s TIAA-administered retirement plans will offer optional investment funds that reduce or exclude fossil-fuel sources.
CU will offer a new ROTH option to the CU 403(b) Voluntary Retirement Plan in 2020. Enrollment begins Dec. 11 for contributions to start in January 2020. See if it’s right for you.