All employees at Southern Oregon University can increase their retirement income by electing to contribute money into voluntary retirement plans through payroll deductions. These regular contribution amounts can be started, stopped, and adjusted at any time. 

Tax Deferred Investment 403(b) - (TDI)

The TDI allows employees to contribute a percentage of their regular gross income, pre-tax and/or Roth, with either TIAA-CREF or Fidelity. Employees can start, stop or change their contribution amount by filling out the Salary Reduction Agreement Form (SRA) and returning it to HR for processing. Employees under 50 years of age can contribute up to $18,500 into the TDI per calendar year and employees over 50 are allowed to contribute up to $24,500 into the TDI per calendar year. Once in the plan, members can choose investment types through their elected retirement account manager, either TIAA-CREF or Fidelity. 

Review the TDI Highlights for an overview of the TDI, or use the TDI Guide for all information about the plan. 

Oregon Savings Grow Plan 457 - (OSGP)

OSGP allows employees to contribute a fixed dollar amount, pre-tax and/or Roth, each month through payroll deductions. Employees can start, stop or change contribution amounts by going to the OSGP website. To start contributions, complete the online enrollment page. Once in the plan, contribution amounts and investments can be changed at any time by logging into the OSGP member account. Employees under 50 years of age can contribute up to $18,500 into OSGP per calendar year and employees over 50 are allowed to contribute up to $24,500 into OSGP per calendar year. 

Review OSGP information to learn about strategies and investment opportunities