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 annual IRS limit 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 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.

Plan Highlights

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

Summary Plan Description (SPD)

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IRS Employee Contribution Limits: 2022
Under age 50 $20,500
Age 50 or older $27,000

NYU will make a non-elective contribution of 5% of your base salary on a per pay period basis up to the IRS annual compensation limit. NYU will also make a matching contribution equal to your employee contributions that do not exceed 5% of your base salary on a per pay period basis up to the IRS annual compensation limit (Google Doc).

How to Enroll / Manage Your Account

Login to NYUHome and select Go on the NYU Retirement Plans card or login to 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).


Three Options for Your Elections

You can elect an employee contribution appropriate for you based on a percentage of pay, flat dollar amount, or maximum amount that allows you to contribute up to the IRS annual limit (see the illustration below).  

Elect 1 of 3 options for your contributions