For University of Maine System employees, July means adjustments in compensation and an opportunity to review monthly income with an eye toward possible increases to retirement savings.
Much as there are always clear needs for any additional dollars that come from annual increases, an option not to be overlooked is the potential to direct all or a part of the raise to your future retirement.
Three great reasons to consider adjusting your contributions to your University of Maine System Retirement Plan:
Not certain whether it’s the right move? Need some help figuring out how to implement
even a slight adjustment?
You don’t have to make important decisions on saving for retirement on your own. A TIAA financial consultant can help at no additional charge.
You can meet with a TIAA financial consultant on your campus or over the phone. In some areas, you can also meet at a local TIAA office.
To schedule a session, visit TIAA.org/schedulenow or call TIAA at 800-732-8353 weekdays, 8 a.m. to 8 p.m. (ET).