Savings and Retirement Plan Contribution Limits- 2023

The IRS has changed contribution limits for certain optional savings and retirement plans for 2023. Employees are encouraged to consider the benefits of participation to grow their retirement savings. All MSUM employees are eligible for Plan 457(b)–the Deferred Compensation Plan through MSRS and the Plan 403(b)– the Tax Sheltered Annuity plan through TIAA. Please note that some bargaining units are […]

Meet with a financial consultant at MSUM

No matter where you are in life- just getting started or planning for retirement- a session with a Financial Consultant can help you create a plan for your goals. And, it’s at no additional cost as a part of your retirement plan. You’ll get answers to these questions and more: Am I invested in the right mix of investments to […]

Retirement Webinars from TIAA- November Schedule

Please see retirement webinar topics below offered through TIAA. Employees will need to login to the TIAA website to register for the webinars. Inside Money: Managing income and debt 11/8 at 2pm (CT) The power of savings 11/9 at 2pm (CT) Financial housekeeping for now and later 11/10 at 1am (CT) Money at work 2 11/10 at 2pm (CT) Lifetime […]

PSLF Waiver- Final Reminder

Public Service Loan Forgiveness (PSLF) Waiver On October 6, 2021, the U.S. Department of Education (ED) announced a temporary change to Public Service Loan Forgiveness (PSLF) program rules as a result of the COVID-19 emergency. Throughout the emergency, ED has provided a variety of benefits to borrowers. Until October 31, 2022, federal student loan borrowers can get credit for payments […]