Retirement Plan 403(b)

Comprehensive and competitive retirement package

Retirement benefits are an important part of your total benefits package offered by Creighton University.  As a University employee, you are eligible to participate in the 403(b) retirement savings plan.

Creighton University's Retirement Plan allows you to electively defer money from your pay check on a pre-tax or post-tax basis.  You are eligible to contribute to the IRS limit each calendar year.

Getting Started

You can also text "enroll" to 78259

Retirement Education and Planning

Principal Webinar Series

Financial Wellness

Maximize the Match

Update your Preferences

Milestones

Retirement Plan Details

Principal Account Management

Faculty and staff can manage their pre-tax and post-tax (Roth) deferral percentage(s), modify their investments, change their allocations and manage their beneficiaries on the Principal website at principal.com or by calling 800.547.7754.

Any changes will begin as administratively feasible following the date of the change.

Retirement Plan Participation

Any employee of the University who completes at least one hour of service is eligible to participate in the Plan for purposes of making salary deferrals except the following individuals:

• Employee who is a student performing services that meet specific requirements of the Internal Revenue Code.
• Employee considered an independent contractor or an employee of an independent contractor.

Base Compensation

Base Compensation is your base pay from the University excluding stipends, commissions, bonuses and special payments.

IRS Maximum Contribution Limits

Employer Contributions 

• Creighton offers both a 2% Employer Minimum Contribution as well as Employer Matching Contribution. You are entitled to the 2% Employer Minimum Contribution regardless of how much you contribute to the plan. All contributions made by Creighton are made with pre-tax dollars.
• Creighton will match 100% of the first 5% of eligible pay that you contribute (pre-tax or Roth) to the plan. To maximize the matching contributions provided by Creighton, you need to contribute at least 5% of your eligible pay each pay period. Please refer to the Matching Table for more details.
• You’re always fully vested in your contributions and the 2% Employer Minimum Contributions. You will be fully vested in the Employer Matching contributions after two years of service and 1,000 hours worked in each of those years.

Only faculty and staff are eligible for employer contributions. 

TIAA Account Management (Annuity Contracts 101042 and 101043)

(Restricted to employees hired or rehired prior to November 1, 2008.)

You can manage your investments, change your allocations and review your beneficiaries by logging into your account at tiaa.org.

Retirement Plan Notices

Please log into your account at www.principal.com and click on Overview>Plan Information & Forms for the latest Retirement Plan Notices and resources.

Plan Resources

• Retirement Plan Summary Plan Description
• Retirement Committee Charter
• Investment Policy Statement
• Retirement Plan Committee Updates
  • March 6, 2024
  • December 5, 2023
  • August 24, 2023
  • June 12, 2023

Contact Information

• Check your Principal account online at:  principal.com
• The Principal Assistance Line:  800.547.7754
• Check your TIAA account (Annuity Contracts 101042 and 101043) online at:  tiaa.org
• TIAA Assistance Line:  800.842.2776
• For further questions, please contact: angiemills@creighton.edu