Gallaudet University Tax Deferred Retirement Plan
Plan Number: 95194
Since Gallaudet is a non-profit institution, regular status and temporary employees are eligible to participate in tax deferred investments under IRS 403(b) regulations. Eligible employees must work at least 20 hours a week and cannot be enrolled as students who are regularly attending classes offered by Gallaudet University. Fidelity Investments has been chosen as Gallaudet’s sole 403(b) vendor. Contributions are payroll deducted and tax deferred until withdrawn. You can contribute a dollar amount up to 100% of your eligible pay on a pretax basis, up to the annual IRS dollar limits ($16,500 for 2009). Please note that the IRS limits combine both your Plan and Thrift Savings Plan (TSP) contributions. The plan offers a variety of investment options. You can select a mix of investment options that best suits your goals, time horizon, and risk tolerance. Fidelity representatives will be able to assist you with your decisions. You may call the Gallaudet TSA Plan Benefit Center at 1-800-343-0860 to speak with a representative. Or you may also contact April Winstead, a Fidelity Retirement Counselor, at 202-731-6136.
- Summary of 403(b) Plan Provisions (91 KB PDF)
Enrollment forms (Fidelity Enrollment Guide, 403(b) Group Custodial Enrollment Form and Beneficiary Designation Form and Salary Reduction Election Form) are available online at HRS Information & Forms (Intranet), in the Benefits Offices (College Hall, room 113 or 114), or in the main HRS Office, room 106. For more information, please contact Human Resources Services.
Thrift Savings Plan
The Thrift Savings Plan, a part of the Federal retirement programs, provides you with an opportunity to save a percentage of your salary on a tax-sheltered basis. The money you save is invested, at your direction, in several investment funds. Eligible employees may begin, terminate, or change contribution rates and investments. Forms are available in the Benefits Office, College Hall, room 113, and in the main HRS Office, room 106 and on-line on the Thrift Savings Plan's website. Please check Thrift Savings Plan for more information.
US Savings Bonds
Employees may purchase Series "EE" Savings Bonds through payroll deduction. Forms are available at the Payroll section of this website.
HEW Federal Credit Union
Employees may become members of the HEW Federal Credit Union by purchasing one share ($5). Savings may be payroll deducted. The Credit Union also offers services for loans and IRAs. Forms are available in the Payroll Office, College Hall, room 320, and in the main HRS Office, room 106. A Credit Union representative is on campus each Wednesday from 9:30 a.m. to 11:00 a.m. in the main HRS Office. Please check HEW Federal Credit Union for more information.
