Retirement Plans: TIAA offers one-on-one counseling sessions with a financial advisor to discuss your retirement planning needs.

New York University is committed to helping you plan and save for a secure retirement. NYU offers a generous, defined contribution plan to which you and the University contribute.

NYU Retirement Plan

Upon hire, eligible employees can elect to contribute to the NYU Retirement Plan for Members of the Faculty, Professional Research Staff, and Administration up to the IRS annual contribution limit (see the IRS Annual Contribution Limits and Maximum Allowable Compensation Levels - Google Doc: 12 KB) through pre-tax salary deferrals. New employees will be automatically enrolled in the Plan to make employee contributions of 5% of your pay, unless you opt not to contribute or to contribute a different amount during the 60-day period beginning on your date of eligibility.

After a year of service, NYU provides a non-elective contribution of 5% of your base salary and, if you make employee contributions, NYU will make a matching contribution of up to 5% of your base salary.

You may waive the one-year of service requirement if:

  • Your previous employer was a college, university, medical institution or practice, or tax exempt medical research institution;*
  • Your employment with that institution ended not more than 180 days before your employment with NYU; and
  • You were employed with that institution for at least one year in a non-student capacity and you worked at least 1,000 hours in that one-year period.

*NYU determines whether a prior employer meets this requirement. If you believe you are eligible for service credit with your previous employer, it is your obligation to contact NYU PeopleLink at askpeoplelink@nyu.edu or 212-992-LINK (5465), Monday through Friday, 8 am to 6 pm. Please include the name of your previous eligible employer along with a contact name and phone number so that NYU can verify your employment.

How to Enroll / Manage Your Account

Login to NYUHome and select Go on the NYU Retirement Plans card or login to TIAA.org/nyu to manage your employee contribution amount, investments, and beneficiary information. If you need help accessing or navigating the retirement site, contact the NYU Retirement Plans Helpline at 844-NYU-TIAA (844-698-8422).

Questions?

Plan Highlights

For detailed plan information, including information on eligibilityloans, withdrawals, and distributions, please read the Summary Plan Description (Google Doc: 54 KB). See below for FAQs about contributions, eligible compensation, rollovers and transfers, investments, and investment advice.

Three options for your contributions:

Elect an employee contribution based on a percentage of pay, flat dollar amount, or maximum amount (to contribute up to the IRS limit).