Enroll or Make Plan Changes

Eligible employees are automatically enrolled in the correct base retirement plan depending on job classification. For Academic & Professional Staff, the base plan is the IU Retirement Plan. For Support & Service Staff hired after July 1, 2013, and Temporary with Retirement employees, the base plan is theRetirement & Savings Plan.  

To save additional money beyond the base plan, eligible employee can also enroll in either the Tax Deferred Account (TDA) or the IU 457(b) Retirement Plan, or both, at any time during the year. Review the supplemental retirement plan comparison table to learn how these plans are similar and different.

All IU retirement plans are participant-directed, meaning you choose how to invest your assets from the options available in IU’s investment menu. If no investment elections are made, funds are invested in the plan’s default option – an age-appropriate Vanguard Target Retirement Date Fund. Additionally, you must designate your beneficiaries for each account.

Step-by-Step Instructions

Follow the instructions below to make changes to your enrollments, investments, contribution amounts, and/or beneficiaries. For assistance in making these elections contact or 812-856-1234.

Plan Enrollment

Step 1: Enroll in a Plan

Base Retirement Plans
Eligible employees are automatically enrolled in the appropriate base retirement plan based on their classification.

Supplemental Retirement Plans
To enroll in the IU Tax Deferred Account (TDA) or 457(b) Retirement Plan at any time, submit an online Optional Benefit Change or submit a paper form to IU Human Resources. Be sure to review the IRS annual contribution limits before enrolling in a plan.

  1. Submit an Optional Benefit Change Online
    • Login to the Employee Center using your IU credentials
    • Click the Benefits tile
    • Select Start Optional Benefit Changes towards the bottom of the page
    • Click Start Optional Benefit Change
    • Select Benefits Enrollment/Changes in the left-hand navigation
    • Select yellow Start My Enrollment
    • Click the yellow Select next to your job title
    • Find the plan you wish to enroll in – Tax Deferred Account Plan, Roth TDA, 457(b) Retirement Plan, or Roth 457(b) – and select the blue Edit button
    • Under Contribution type in either a flat amount or the percent that you would like to contribute each pay period. The percentage is based on your base salary.
    • Select Continue at the bottom of the page.
    • Review your elections and click OK
    • When the page with your current benefit enrollments appears, scroll to the bottom and select the yellow Proceed
    • Select Continue on the bottom right hand side of the next page.
    • Select Submit
  2. Complete and submit a paper enrollment form:

Salary deferrals and catch-up contributions will begin as soon as administratively feasible following your election.

Step 2: Establish a Plan Account 

Create a Fidelity NetBenefits account:

  1. Visit NetBenefits.com/Indiana
  2. In the large red “Set-up Account” box click Go
  3. Enter your legal name, date of birth, and last four of your SSN to verify your identity
  4. Create a Username and Password, Security Question, and enter your Phone Number and Email Address

For assistance in setting up your account, contact Fidelity at 800-343-0860.

Step 3: Select Your Funds and Beneficiaries

Your beneficiary designations and investments for your retirement plans will be set to a default option until you take action to change them. The default investment is a Vanguard Institutional Target Date Fund based on the year you turn age 65.

Select Your Investments
You can create your account, select your investments, and designate your beneficiary online at any time instead of waiting for your welcome packet by going to NetBenefits.com/Indiana.

  1. Review the Investment Options available under the plans.
  2. Login to Netbenefits.com/Indiana
  3. Select Enroll next to the plan for which you are creating an account
  4. Follow the online prompts to enter and submit your investment selections.

Designate Your Beneficiaries

  1. Login to Netbenefits.com/Indiana
  2. Select Menu under the NetBenefits logo
  3. Select Beneficiaries
  4. Click the gray Edit button next to the plan you wish to make changes for
  5. Add new beneficiaries or make changes to your current beneficiary’s personal information:
    1. Select the blue Add a Primary Beneficiary button to add a new beneficiary
    2. Select Edit next to the beneficiary you wish to make changes to
  6. Enter or update the desired benefit percentage in the box
  7. Select the Yes/No button to apply the beneficiary settings to all of your eligible plans
  8. If applicable, repeat steps 4 – 6 for each plan account
  9. Once you have made all of your desired changes scroll down and select the blue Save All button to submit your changes.

Contact Fidelity by calling 800-343-0860, if you have questions or need assistance.

Making Changes throughout the Year

Follow these steps to make changes to your IU Base Retirement Plan, Retirement & Savings Plan, or supplemental retirement plan account(s).

Change Your Contribution Amount or Type

Contributions to the supplemental retirement plans can be made on a pre-tax or after-tax Roth basis. Contributions can be a flat-dollar amount or a percentage of pay, but cannot exceed the IRS annual contribution limits. Use the 403(b) or 457(b) Contribution Calculators to help you determine your maximum allowed contribution.

To make changes to your contributions at any time, submit an online Optional Benefit Change or submit a paper form to IU Human Resources.

  1. Submit an Optional Benefit Change Online:
    • Login to the Employee Center using your IU credentials
    • Click the Benefits tile
    • Select Start Optional Benefit Changes towards the bottom of the page
    • Click Start Optional Benefit Change
    • Select Benefits Enrollment/Changes in the left-hand navigation
    • Select yellow Start My Enrollment
    • Click the yellow Select next to your job title
    • Find the plan you wish to change – Tax Deferred Account Plan, Roth TDA, 457(b) Retirement Plan, or Roth 457(b) – and select the blue Edit button
    • Under Contribution type in either a flat amount or the percent that you would like to contribute each pay period. The percentage is based on your base salary.
    • Select Continue at the bottom of the page.
    • Review your elections and click OK
    • When the page with your current benefit enrollments appears, scroll to the bottom and select the yellow Proceed
    • Select Continue on the bottom right hand side of the next page.
    • Select Submit
  2. Complete and submit a paper SDA to IU Human Resources:
Change or Update Your Beneficiaries

Fidelity Accounts
To update beneficiary information over the phone, contact Fidelity at 800-343-0860. To update your beneficiaries online:

  1. Login to Netbenefits.com/Indiana
  2. Select Menu under the NetBenefits logo
  3. Select Beneficiaries
  4. Click the gray Edit button next to the plan you wish to make changes for
  5. Add new beneficiaries or make changes to your current beneficiary’s personal information:
    1. Select the blue Add a Primary Beneficiary button to add a new beneficiary
    2. Select Edit next to the beneficiary you wish to make changes to
  6. Enter or update the desired benefit percentage in the box
  7. Select the Yes/No button to apply the beneficiary settings to all of your eligible plans
  8. If applicable, repeat steps 4 – 6 for each plan account
  9. Once you have made all of your desired changes scroll down and select the blue Save All button to submit your changes.

PERF Accounts
Update you beneficiaries online by following  these instructions:

  1. Login to MyINPRS
  2. Go to My Account
  3. Click on the Beneficiaries tab
  4. Follow the prompts to change/update your beneficiaries

If you are already retired, and would like to change your beneficiaries call 844-GO-INPRS.  

Cancel Enrollment or Stop Contributions

To stop participation in the TDA or 457(b) supplemental plans at any time, submit an online Optional Benefit Change or submit a paper form to IU Human Resources.

  1. Submit an Optional Benefit Change Online:
    • Login to the Employee Center using your IU credentials
    • Click the Benefits tile
    • Select Start Optional Benefit Changes towards the bottom of the page
    • Click Start Optional Benefit Change
    • Select Benefits Enrollment/Changes in the left-hand navigation
    • Select yellow Start My Enrollment
    • Click the yellow Select next to your job title
    • Find the plan you wish to waive – Tax Deferred Account Plan, Roth TDA, 457(b) Retirement Plan, or Roth 457(b) – and select the blue Edit button
    • Under Contribution enter 0%
    • Select Continue at the bottom of the page.
    • Review your elections and click OK
    • When the page with your current benefit enrollments appears, scroll to the bottom and select the yellow Proceed
    • Select Continue on the bottom right hand side of the next page.
    • Select Submit
  2. Complete and submit a paper SDA to IU Human Resources:
Defer Separation Pay to the TDA or 457(b) Plan

To defer some or all of your separation pay to the TDA or 457(b) plan, complete and submit a paper SDA to IU Human Resources. For assistance with this process, contact or 812-856-1234.

Change Your Investments

To change your investments at Fidelity:
The default investment option for IU retirement plans is an age-appropriate Vanguard Institutional Target Date Fund. You may change your investments at any time through NetBenefits:

  1. Review the Investment Options available under the plans.
  2. Login to Netbenefits.com/Indiana
  3. Click the plan name for the account you wish to make changes to.
  4. Click the Investments tab.
  5. Select Change Investments.
  6. Follow the online prompts to change and submit your investment elections.

To change your investments with PERF:
Participants may invest their annuity savings account in one or more investment funds. The default investment is an age appropriate Target Retirement Date Fund. Change or review investment options by calling PERF customer service center at 1-888-526-1687, or by logging onto www.in.gov/inprs to access your account.

Take a Loan Against Your Account

Loans may be available from your IU TDA or 457(b) plan accounts. Contact you investment vendor directly to initiate the process. Loans are subject to both federal tax code and investment company rules and regulations. University authorization is not required to take a loan.

Fidelity
www.netbenefits.com/indiana
Service: 800-343-0860

TIAA (Legacy annuity accounts only)
www.tiaa.org/public
Service: 800-842-2252

Customer Service Contacts

IU Human Resources

Phone: 812-856-1234

Fidelity
www.netbenefits.com/indiana
Service: 800-343-0860
Appointment Scheduling: Online scheduling tool or 800-642-7131
Speak to a Retirement Planner: 800-328-6608

PERF
www.in.gov/inprs/
Service: 844-GO-INPRS

TIAA
www.tiaa.org/public
Service: 800-842-2252