In a recent survey by MissionSquare Research Institute, as many as 60% of public employees across the United States felt like they lacked adequate support for retirement planning and needed more guidance on how much they should be saving for retirement. As a...
Retirement News
What is captrust at work?
As part of your benefits package as a UNC System employee, CAPTRUST at Work provides you with a comprehensive suite of products and services, including some that are focused on improving your financial wellness. CAPTRUST at Work provides comprehensive and tailored...
The importance of Beneficiary designations
One of the most important financial moves you can make is to take the time to name your beneficiaries for your UNC Optional Retirement Plan and/or Supplemental retirement accounts. If no beneficiary is named for each of your accounts, the money will typically go...
How does Social Security work and will it last?
Social Security is a fairly simple idea and CAPTRUST at Work has useful resources to help break it down. During your career you and your employer pay a portion of your income into the Social Security trust fund. In return, you will receive a benefit when you need it...
REtirement Plan Enhancements Coming Soon
You are our greatest investment, and the university wants to support you by providing competitive retirement benefits. This November, we will introduce a new service in our retirement programs to help you plan and save for a more secure tomorrow. The university will...
Secure 2.0: Withdrawal Provisions for Natural Disaster and Emergency Expenses
In the wake of the destruction in Western North Carolina caused by Hurricane Helene, we wanted to remind those affected that the Secure Act 2.0 added plan provisions that may allow for new hardship withdrawal opportunities for natural disasters and emergency expenses...
Ask the Experts at CAPTRUST: How do Elections Typically Affect Stock Markets?
Q: What impact do you foresee the 2024 presidential election having on stock market returns this year? How much do elections matter to markets? A: While it’s true that elections can drive market volatility and shifts in investor sentiment in the short term, history...
Year-End Review: Is Your Retirement Account Diversified?
As we approach the end of the year, it’s good time to review your accounts and determine if you have met your retirement goals for the year and review if your account is diversified. In TIAA’s article below, TIAA reviews what a well diversified account includes....
Be Alert!
As a state employee, our university email addresses are public information. Please be aware of emails from financial advisors who allude that they work with the University plans. The University partners with TIAA and CAPTRUST to provide advisory services for the UNC...
Mid-year check-up: how to invest as you near retirement
We are halfway through 2024 and it’s a great time to take a step back and review your retirement plans. Watching the markets on a daily basis is not helpful and can be stressful but remember that it is the long-term trends of the markets that matter. For all savers,...