The College offers the opportunity for employees to defer into a tax-deferred investment plan. Individuals have the option of choosing their investments through TIAA and a ROTH option is available.
Employees can elect or modify individual contributions by logging into Oracle HCM. Please use the step-by-step Changing Your 403(b) Contribution for guidance.
Go to the TIAA website to access tools and calculators by clicking here.
Champlain College has a Roth deferral option with its 403(b) Plan. This can be elected at any time through Oracle HCM. A Roth option allows you to have your contributions taken on an after-tax basis, which means a qualified distribution is taken on a tax-free basis.
Annual notices are required to disclose the defaulted investment option.
Visit the TIAA website.