Add to your retirement savings
This voluntary supplemental retirement plan is available to benefits-eligible faculty and staff members, medical and optometry residents, and employees classified as part-time with retirement.
Newly eligible employees (except residents and dually employed physicians) are automatically enrolled in the plan at a 5% pre-tax contribution level, but you can waive or change this election during your initial enrollment or at any other time.
You fund the account through payroll deductions and are always 100% vested in the account. You choose if contributions are made as pre-tax or after-tax (Roth), and decide whether to contribute a flat-dollar amount or a percentage of pay.
Download the IU Tax Deferred Account (TDA) Retirement Plan document
The IRS limits how much you can contribute to your retirement accounts each year but allows for additional contributions starting at age 50.