
Important Changes as of Sept. 1, 2023
- If you were hired on or after Sept. 1, 2023, you have 30 days to make your mandatory retirement plan election, as well as other benefit elections for health and supplemental insurance plans. Enrollment instructions will change from the current 2023 brochures. Go to the online enrollment page for instructions and links to enroll for coverage.
- As of Sept. 1, 2023, the University moved to TIAA as the single recordkeeper for the UNC Optional Retirement Program. Review the UNC Retirement Plan RFP Award Notice for details on this ORP change.
UNC Code Section 403(b) Program
The University of North Carolina sponsors a system-wide voluntary 403(b) retirement program. TIAA is the only approved vendor and provides a wide range of services and investment options. Agreements are in place with Fidelity, VALIC, Lincoln Financial, Horace Mann, and ING that limit these vendors to offering loans and hardship withdrawal transactions under the system-wide 403(b) plan.
Please note: An aggregation of 403(b) and 401(k) plan contributions must be made if you participate in more than one supplemental plan during a calendar year. For example, if you contribute to the 401(k) plan in addition to the 403(b) plan, the combined amount of the contribution to both plans cannot exceed the elective deferral plan limit each year. The age 50 catch-up is also a combined amount between the 401(k) and 403(b) programs. Contributions to a 457(b) deferred compensation plan are not aggregated with 403(b) or 401(k) plan limits.
403(b) Program Information
The fund lineup for TIAA has a four-tier structure:
- Tier 1 – Target Date Funds
- Tier 2 – UNC Risk-Based Models
- Tier 3 – Core Fund Lineup
- Tier 4 – Self-Directed Brokerage (employee-only contributions)
Enrollment Process
Remember, you must submit the completed SRA to your institution’s HR Benefits office before any contributions can be accepted into your account.
You can enroll in the program and select investments through TIAAÂ and/or Fidelity.
Booklets
- Supplemental Retirement Plan Decision Guide
- Guide to Investing in the UNC Retirement Programs
- UNC Investment Tier Structure
- UNC 403(b) Plan Summary
- Fidelity UNC 403b Enrollment Guide
- Fidelity Investment Options Guide
- Fidelity UNC Plan Fact Sheet
- Why Choose TIAA
- TIAA UNC Enrollment Guide
- TIAA UNC Pocket Brochure
Investment Performance
Important Notices
- UNC-Retirement Plan RFP Award Notice 08-2023
- UNC Fund Notice 08-2023
- UNC Retirement Plan RFP Notice 04-2023
- UNC Fund Notice 07-2022
- UNC Fund Notice 02-2022
- UNC Loan Change Notice 12-2020
- UNC Fund Notice - 11-2020
- CARES Act Update 08-2020
- UNC Fund Change Notice 07-2020
- CARES Act Impact on UNC Retirement Plans 04-2020
- UNC Fund Change Notice 02-2020
- RMD Impact on UNC Retirement Plans 2020
- RMD Impact on UNC Retirement Plans 2019
- UNC 403(b) Fund Notice 05-2018
Plan and Legal Documents
Universal Availability Notices
403(b) Archival Information
Transition Documents 2014
Investment Performance
- Quarter Ending 12-31-2020
- Quarter Ending 09-30-2020
- Quarter Ending 06-30-2020
- Quarter Ending 03-31-2020
- Quarter Ending 12-31-2019
- Quarter Ending 09-30-2019
- Quarter Ending 06-30-2019
- Quarter Ending 03-31-2019
- Quarter Ending 12-31-2018
- Quarter Ending 09-30-2018
- Quarter Ending 06-30-2018
- Quarter Ending 03-31-2018
- Quarter Ending 12-31-2017
- Quarter Ending 09-30-2017
- Quarter Ending 06-30-2017
- Quarter Ending 03-31-2017
- Quarter Ending 12-31-2016
- Quarter Ending 09-30-2016
- Quarter Ending 06-30-2016
- Quarter Ending 03-31-2016
- Quarter Ending 12-31-2015
- Quarter Ending 09-30-2015
- Quarter Ending 06-30-2015
- Quarter Ending 03-31-2015
- Quarter Ending 12-31-2014
- Quarter Ending 09-30-2014
- Quarter Ending 06-30-2014
- Quarter Ending 03-31-2014
- Quarter Ending 12-31-2013
- Quarter Ending 09-30-2013
- Quarter Ending 06-30-2013
- Quarter Ending 03-31-2013
- Quarter Ending 12-31-2012
- Quarter Ending 09-30-2012
- Quarter Ending 06-30-2012
- Quarter Ending 03-31-2012
Important Notices
Universal Availability Notices
- Universal Availability Notice 2018
- Universal Availability Notice 2017
- Universal Availability Notice 2016
- Universal Availability Notice 2015
- Universal Availability Notice 2014
- Universal Availability Notice 2013
- Universal Availability Notice 2012
- Universal Availability Notice 2011
- Universal Availability Notice 2010