Retirement Plan Details

Retirement Plan Details

Principal Account Management

Principal Account Management

Faculty and Staff can manage their Pre-Tax and Post-Tax (Roth) deferral percentage(s), modify their investments, change their allocations and manage their beneficiaries on the Principal website at www.principal.com or by calling 800-547-7754.

Any changes will begin as administratively feasible following the date of the change.

Retirement Plan Participation

Retirement Plan Participation

Any employee of the University who completes at least one hour of service is eligible to participate in the Plan for purposes of making salary deferrals except the following individuals:

  • Employee who is a student performing services that meet specific requirements of the Internal Revenue Code.
  • Employee considered an independent contractor or an employee of an independent contractor.

Base Compensation

Base Compensation

Base Compensation is your base pay from the University excluding stipends, commissions, bonuses and special payments.

IRS Maximum Contribution Limits

IRS Maximum Contribution Limits

403(b) Pre-Tax and/or Post-Tax (Roth) Contributions

$19,500

Catch-up Contributions for age 50 or older

$6,500

TIAA Login Instructions

TIAA Login Instructions

(Restricted to employees hired or rehired prior to November 1, 2008)

Employees who want to invest with TIAA-CREF need to access the Creighton micro-site at http://www.tiaa-cref.org/creighton and click on the ?Enroll Now? box. There are two plans identified on the micro-site as follows:

  • Creighton University DC Retirement Plan (Plan 101042)
  • Creighton University TDA Plan (Plan 101043) 

The DC is for employees that are eligible to receive the match (stores employee?s 0-5% deferral plus the University match). Please complete the application on-line.

The TDA plan (also known as a supplemental contribution or elective deferrals above an employee?s 5% deferral under the DC plan) is for employees not eligible for the match. Please complete the application on-line. 

In addition, you must print the Salary Reduction Agreement (SRA), complete all sections that apply to you as the participant and send to Human Resources, Attn: Angie Mills, for processing.