voluntary retirement savings plan

Voluntary Retirement Savings Plan Update  ·  Effective November 10, 2026

FAU is making it easier to save for retirement by simplifying the list of providers and offering one place to enroll and manage 403(b) your account. Here's what's changing, how it affects you, and what to do.

Questions?

Call the Office of Benefits & Retirement at 561-297-5555 or email benefits@fau.edu

What Plans Are Affected: This applies only to 403(b) plans. It does not change the 457(b) plan or your FRS plan. Those plans will stay exactly as they are.

Action needed by October 23, 2026
Action is only needed if your current provider is being discontinued (Fidelity, Jefferson National, Lincoln Financial, MetLife, T. Rowe Price, or Symetra). If so, choose a new provider by 4 p.m. ET on October 23, 2026. Choose your provider and set how much you contribute in Retirement@Work before the transition. See What you need to do.

What's Changing

Effective November 10, 2026, three providers — TIAA, Voya, and Corebridge Financial — will be available for new contributions, and a new online portal, Retirement@Work, brings your account information together in one place to enroll and manage your account.

TIAA
Investment Provider

COREBRIDGE
Investment Provider

VOYA
Investment Provider

Plan Fees At A Glance

The plan's administrative fee is shown separately on your quarterly statement and varies by provider.

Annual plan servicing (administrative) fee by provider, effective Nov 10, 2026.

Provider	Annual Fee	Per $1,000 Invested	On Your Statement As
TIAA	0.094%	$0.94	TIAA Plan Servicing Fee or Credit
Voya	0.210%	$2.10	Voya Asset-Based Fee
Corebridge Financial	0.125%	$1.25	Plan Administrative Fee

This is the plan's administrative fee, deducted proportionally from your investments each quarter. Each investment option also has its own expense ratio, which is separate. Please see the Transition Guide for fund-level fees.

Retirement@Work (Coming Soon)

Retirement@Work (launching 11/10/2026) is the site where you can manage your account. You will be able to:

Enroll and choose your provider
Sign up and pick TIAA, Voya, or Corebridge Financial.

Set or change your contribution
Decide how much comes out of each paycheck and adjust it whenever you like.

See your account at a glance

Go straight to your provider
Jump to your chosen provider to pick investments and name beneficiaries.

Timeline & Key Dates

Now–October 23, 2026 at 4:00 PM : Choose a new provider (Employees with discontinued providers only)

If your provider is discontinued, open an account with TIAA, Voya, and/or Corebridge Financial and complete the Contribution form. No action needed if you're already with a continuing provider.

October 14, 2026 at 3:00 PM : Virtual Campus Town Hall

Voluntary Retirement Savings Plan Campus Town Hall to be held virtually on October 14, 2026 starting at 3:00 PM. To attend, please RSVP.

October 19, 2026 at 3:00 PM : In-Person Campus Town Hall

In-person Voluntary Retirement Savings Plan on October 19, 2026 starting at 3:00 PM in the Executive Education Building, SF-127 & 128. Please confirm your attendance with an RSVP.

Oct 26 – Nov 9, 2026 : Black-out dates

You can't join the plan or change your contribution or provider during this window. You can still view your balance, update beneficiaries, and make transfers and withdrawals.

Oct 30, 2026 : Last contributions to discontinued providers

Final payroll contributions are sent to the discontinued providers.

Nov 10, 2026 : Plan changes & Retirement@Work Go-live

The plan changes take effect and Retirement@Work opens. If you're a current TIAA participant, your balances move to the new investment options.

Nov 13, 2026 : First new contributions

The first payroll contributions go to your chosen provider — or to TIAA (the default) if you made no selection.

What You Need To Do

The steps below apply only if your current provider is being discontinued.

1. Check whether your provider is changing

If you contribute only to TIAA, Voya, or Corebridge Financial — or do not have a 403(b) provider — you're all set. Continue only if your provider is on the discontinued list.

2. Choose a new provider by 4:00 PM on October 23, 2026

Open an account with TIAA, Voya, and/or Corebridge Financial and complete the Salary Reduction Agreement form. If you don't choose, your future contributions default to TIAA starting in Payroll 24, November 13, 2026.

3. Name your beneficiaries with your provider

When you open your account, set your beneficiaries. If you take no action, your designation is set to "Estate" until you update it.

4. Attend a campus town hall session (optional)

Join the virtual session on Wednesday, October 14, 2026 at 3:00 PM or the in-person session on Monday, October 19, 2026 in the Executive Education building, rooms SF-127 & SF-128 to ask questions.

5. Note the black-out period

From October 26 – Nov 9, 2026, you will not be able to join a plan, change your plan contribution, or change your plan provider.

What's Staying The Same

Your contributions continue

Your payroll contributions keep going without interruption — they're simply directed to a continuing provider.

Your savings stay yours

Balances left with a discontinued provider stay put. If you're with TIAA, balances in removed funds move automatically to replacement options.

Free one-on-one guidance

No matter which provider you choose, you can meet with a financial professional at no additional cost.

Frequently Asked Questions

About The Change

Why is FAU making these changes?

When do the changes take effect?

Do I have to do anything?

If your provider is being discontinued

How do I choose a new provider?

You can contact the financial advisor from TIAA, Voya, and/or Corebridge Financial and/or attend a Campus Town Hall to gather more information about the plans so you can make an informed decision. Once you have chosen your plan provider and opened an account with TIAA, Voya, and/or Corebridge Financial, you will be instructed to complete the Salary Reduction Agreement form. You can complete the form with your chosen provider when you open your account. If you don't choose, your future contributions default to TIAA starting with the Nov 13, 2026 payroll.

What if I split my contributions among discontinued providers?

My Contribututions & Account

Will my contributions stop during the transition?

What happens to my current balance?

Can I still change how much I contribute?

Should I consolidate my retirement accounts?

You might find it easier to manage everything with one provider, but moving balances can sometimes have costs or trade-offs. Before consolidating, weigh the differences in investment options, fees, withdrawal rules, and tax treatment, and talk with a financial professional and your tax advisor. Your provider can walk you through your options.

Enrollment & Retirment@Work

How do I get into Retirement@Work?

Where can I get one-on-one help?

Investments

How do target-date (lifecycle) funds work?

A target-date fund holds a mix of investments matched to roughly the year you turn 65, and it gradually shifts to a more conservative mix as that date nears. Its value isn't guaranteed and moves with the market. You can find more details about this in your Transition Guide or ask your financial advisor whether a target-date fund fits your goals.

Where to get help

Retirement decisions can feel intimidating — you don't have to make them alone. Here's who can help.

Your provider

TIAA · 800-842-2252 · tiaa.org/fau
Voya · 800-584-6001 · enroll.voya.com
Corebridge · 800-448-2542 · corebridgefinancial.com/fau

Retirement@Work

To enroll in a plan and manage the plan online. Opens Nov 10, 2026. Watch for an email with sign-in instructions and find the Quick Start Guide on the plan page.

Office of Benefits & Retirement

For plan and benefit questions, please call 561-297-5555, email benefits@fau.edu, or visit fau.edu/hr.

Campus town halls

Virtual campus town hall on October 14, 2026 and in-person campus town hall on October 19, 2026, both starting at 3:00 PM.

Resources

Transition Guide

Campus Town Hall Recording

Contact Us

Benefits & Retirement · 561-297-5555 · benefits@fau.edu

TIAA · 800-842-2252
Voya · 800-584-6001
Corebridge · 800-448-2542