Photo: Johnnie Mercer’s Pier, Wrightsville Beach, NC
Important Changes
As of Sept. 1, 2023, the University moved to TIAA as the single recordkeeper for the UNC System retirement plans. Employees with a balance in one or more of the UNC System retirement plans (Optional Retirement Program, UNC 457(b), UNC 403(b) plans) will receive detailed transition information at their home address via US Mail in late January. This information is also available here:
Transition to Single Recordkeeper in Full Swing
In 2023, it was announced that after a careful review of our retirement program, the University decided to move from two retirement plan recordkeepers (TIAA and Fidelity) to a single recordkeeper (TIAA) for all UNC Retirement Plans. The move to a single recordkeeper...
Tax-Season Scams are on the rise
How to protect yourself and avoid being a victim The IRS has warned that financial scams are on the rise. Decrease your chances of becoming a target by knowing what to watch for. Scammers may contact you via phone, email, text or social media and then impersonate the...
Test Your Tax Bracket Knowledge
How many federal tax brackets are there? Three Five Seven Nine True or False: All of your income is taxed at the same rate for federal True False Which action is one you can take to lower your taxable income for federal taxes? Invest in gold Open a Certificate of...
Understanding Taxes
Important Tax Dates: Tax Deadline Day: April 15, 2024 Deadline to file for an extension: April 15, 2024 Extension filers Deadline Day: Oct. 15, 2024 Taxes are something that anyone rarely looks forward to and are frequently misunderstood. It’s an important to know how...
April is Financial Literacy Month
As April kicks off Financial Literacy Month, it’s a great reminder to take the time to learn more about managing your finances and working to improve them to make it easier to achieve your goals. Financial literacy isn’t only about planning for retirement, it’s about...
Financial Resolutions for 2024: Prepare and Save
With another year in the books, it’s a great time to look back at your finances from 2023 and set new goals for 2024. For many, 2023 was a year of unexpected increases in the costs of gas, groceries and almost everything in between. This created budget changes that...
“An investment in knowledge pays the best interest.”
Disclaimer
This information is general in nature and may be subject to change. Neither the University of North Carolina (UNC), Empower Retirement, TIAA, Fidelity Investments, nor any of their agents can give legal or tax advice. Applicable laws and regulations are complex and subject to change. For legal and tax advice concerning your situation, you should consult your attorney or tax adviser.
For more information about any of the authorized supplemental retirement carriers or their products, including investment options or charges and expenses, please contact a company representative for a prospectus. Please read the prospectus carefully before selecting a carrier or investment option.
In the event of a conflict between this information and the plan documents, the plan documents will take precedence. The UNC System reserves the right to amend the plan documents at any time.