Enrollment and Plan Changes

Follow the instructions below to make changes to your retirement plan enrollments, investments, contribution amounts, and/or beneficiaries. For assistance, contact IU Human Resources at or 812-856-1234.

Initial Enrollment

Step 1: Enroll in a Plan

Base Retirement Plan

You are automatically enrolled in the appropriate base retirement plan depending on your job classification. Review the information below to enroll in a supplemental retirement plan, or skip to Step 2: Create a Fidelity NetBenefits Account.

Supplemental Retirement Plan

You have the option to enroll in one or both of IU’s supplemental retirement plans, which you can do at any time during the year. 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. Salary deferrals and catch-up contributions will begin as soon as administratively feasible following your election. Be sure to review the IRS annual contribution limits before enrolling in a plan.

Online Instructions
  1. Search for and select the Employee Center task in One.IU
  2. Complete two-step login using your IU username/passphrase and Duo
  3. Click on the Benefit Details tile
  4. Click the Optional Benefit Changes tile
  5. Click the green Start Optional Benefit Change button
  6. Read the information on the Welcome screen. To progress through the OBC process, click the yellow Next button in the upper right-hand corner of the screen.
  7. Verify your personal information, payroll direct deposit and tax withholding details, and emergency contact, and make updates if needed. Click Next to proceed to the next step. 
  8. Click the Start My Enrollment button. On the next screen, click the gray Select button next to the event.
  9. Under the ‘Benefit Plans’ heading, find and select the supplemental retirement plan you wish to enroll in – Tax Deferred Account Plan, Roth TDA, 457(b) Retirement Plan, or Roth 457(b):
    • Under ‘Enroll in Your Plan’ click the Select button next to the plan name
    • Under ‘Contributions’ enter a flat-dollar amount or percentage of your pay that you would like to contribute each pay period.
  10. Click Done in the upper right-hand corner to continue.
  11. If you wish to enroll in other plans, repeat steps 9 – 10.   
  12. Once you have made all of your elections, review your elections by selecting the Enrollment Preview Statement button under the ‘Enrollment Summary’ heading. Click the X in the upper right-hand corner of the screen to exit the preview.
  13. When you are finished, click the green Submit Enrollment button under the ‘Enrollment Summary’ heading.
  14. A confirmation message will appear on the screen once your elections have been submitted successfully. Additionally, an e-mail confirming your submission will be sent to your IU email address within one business day. If you do not receive an email, your changes were not submitted properly.
  15. To review your submission at any time, log in to the Employee Center, select the Benefit Details tile, then the Benefits Statement tile.
Paper Form Instructions

Complete the paper salary deferral agreement for the appropriate plan and submit it to IU Human Resources to the email or postal address listed on the form.

Step 2: Create a Fidelity NetBenefits Account

Before you can select investments and name your beneficiaries for your retirement plan accounts, you must first create an online Fidelity NetBenefits account by following the instructions below.

  1. Visit NetBenefits.com/Indiana
  2. In the large red “Register for NetBenefits” 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

Contact Fidelity at 800-343-0860 if you have questions or need assistance.

Step 3: Select Your Investments and Beneficiaries

Once you have created your Fidelity NetBenefits account, follow these steps to select your investments and name your beneficiaries. Contact Fidelity at 800-343-0860 if you have questions or need assistance.

Select Your Investments

Before you choose your investments, be sure to review the Investment Options available under the IU plans. When you are ready to make your selections:

  1. Log in to Netbenefits.com/Indiana
  2. Select Enroll next to the plan for which you are creating an account
  3. Follow the online prompts to enter and submit your investment selections.

If you are unsure about which investments are best for your situation, you can set up a 1:1 appointment with IU’s designated Fidelity Workplace Financial Consultants. Your investments will be defaulted to an age-appropriate Vanguard Institutional Target Date Fund until you take action to change them.

Designate Your Beneficiaries
  1. Log in 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.

Changes to Retirement Plans

Change Your Contribution

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.

Online Instructions
  1. Search for and select the Employee Center task in One.IU
  2. Complete two-step login using your IU username/passphrase and Duo
  3. Click on the Benefit Details tile
  4. Click the Optional Benefit Changes tile
  5. Click the green Start Optional Benefit Change button
  6. Read the information on the Welcome screen. To progress through the OBC process, click the yellow Next button in the upper right-hand corner of the screen.
  7. Verify your personal information, payroll direct deposit and tax withholding details, and emergency contact, and make updates if needed. Click Next to proceed to the next step. 
  8. Click the Start My Enrollment button. On the next screen, click the gray Select button next to the event.
  9. Under the ‘Benefit Plans’ heading, find and select the supplemental retirement plan you wish to change – Tax Deferred Account Plan, Roth TDA, 457(b) Retirement Plan, or Roth 457(b).
  10. Under ‘Contributions’ enter a flat-dollar amount or percentage of your pay that you would like to contribute each pay period.
  11. Click Done in the upper right-hand corner to continue.
  12. If you wish to change your contributions to other plans, repeat steps 9 – 11.   
  13. Once you have made all of your elections, review your elections by selecting the Enrollment Preview Statement button under the ‘Enrollment Summary’ heading. Click the X in the upper right-hand corner of the screen to exit the preview.
  14. When you are finished, click the green Submit Enrollment button under the ‘Enrollment Summary’ heading.
  15. A confirmation message will appear on the screen once your elections have been submitted successfully. Additionally, an e-mail confirming your submission will be sent to your IU email address within one business day. If you do not receive an email, your changes were not submitted properly.
  16. To review your submission at any time, log in to the Employee Center, select the Benefit Details tile, then the Benefits Statement tile.
Paper Form Instructions

Complete the paper salary deferral agreement for the appropriate plan and submit it to IU Human Resources to the email or postal address listed on the form.

Change 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 Accounts & Benefits under the IU logo
  3. Select Update your 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.

Waive 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.

Online Instructions
  1. Search for and select the Employee Center task in One.IU
  2. Complete two-step login using your IU username/passphrase and Duo
  3. Click on the Benefit Details tile
  4. Click the Optional Benefit Changes tile
  5. Click the green Start Optional Benefit Change button
  6. Read the information on the Welcome screen. To progress through the OBC process, click the yellow Next button in the upper right-hand corner of the screen.
  7. Verify your personal information, payroll direct deposit and tax withholding details, and emergency contact, and make updates if needed. Click Next to proceed to the next step. 
  8. Click the Start My Enrollment button. On the next screen, click the gray Select button next to the event.
  9. Under the ‘Benefit Plans’ heading, find and select the supplemental retirement plan you wish to change – Tax Deferred Account Plan, Roth TDA, 457(b) Retirement Plan, or Roth 457(b).
  10. Choose the Select button next to ‘Waive’.
  11. Click Done in the upper right-hand corner to continue.
  12. If you wish to waive/stop contributions to other plans, repeat steps 9 – 11.  
  13. Once you have made all of your elections, review your elections by selecting the Enrollment Preview Statement button under the ‘Enrollment Summary’ heading. Click the X in the upper right-hand corner of the screen to exit the preview.
  14. When you are finished, click the green Submit Enrollment button under the ‘Enrollment Summary’ heading.
  15. A confirmation message will appear on the screen once your elections have been submitted successfully. Additionally, an e-mail confirming your submission will be sent to your IU email address within one business day. If you do not receive an email, your changes were not submitted properly.
  16. To review your submission at any time, log in to the Employee Center, select the Benefit Details tile, then the Benefits Statement tile.
Paper Form Instructions

Complete the paper salary deferral agreement for the appropriate plan and submit it to IU Human Resources to the email or postal address listed on the form.

Change Your Investments

Fidelity:
You can change your investments at any time through Fidelity NetBenefits:

  1. Log in to Netbenefits.com/Indiana
  2. Click the plan name for the account you wish to make changes to.
  3. Click the Investments tab.
  4. Select Change Investments.
  5. Follow the online prompts to change and submit your investment elections.

PERF:
If you are a PERF participant, you can change your annuity savings account (ASA) investments by calling PERF customer service center at 1-888-526-1687, or by logging on to www.in.gov/inprs.

Defer Separation Pay

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

Take a Loan Against Your Account

A loan may be available from your IU supplemental retirement plan accounts (IU TDA or 457(b)). You are limited to one loan across all of your IU supplemental retirement plan accounts held at Fidelity.

Before you make the decision to take a loan from your account, consider the following:

  • Loans are subject to both federal tax code and investment company rules and regulations.
  • In most cases, you don’t pay taxes or penalties on a loan but you do repay the loan with after-tax dollars plus interest and there may be additional fees.
  • Fidelity On-Demand Workshop: Understanding Plan Loans

To request a loan, contact Fidelity at 800-343-0860 or log in to your Fidelity NetBenefits account and select ‘Loans or Withdrawals’ from the Quick Links menu next to the plan name.

Take an In-Service Distribution

In-service distributions are available from your IU supplemental retirement plan account while still employed by IU if you are age 59 ½ or older.

  • Distributions of pre-tax contributions are subject to a 20% federal income tax withholding.
  • Distributions of Roth (after-tax) contributions are tax-free if they are made (1) after a 5-year holding period (begins January 1 of the year you made your first Roth contribution); and (2) after you reach age 59½, become disabled, or pass away.

Request an in-service distribution online:

  1. Log in to Netbenefits.com/Indiana
  2. Click the plan name (IU TDA or IU 457(b)) from the list of accounts
  3. Click the Withdrawals/Loans tab
  4. Review the information and follow the online prompts to complete your request.

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

Video: Explore Your Withdrawal Options at Fidelity


Customer Service Contacts

IU Human Resources
Email:
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 Workplace Financial Consultant: 800-328-6608

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

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