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Voluntary Retirement

Voluntary Retirement Plans offer OSU/A&M employees an opportunity to set aside retirement savings on a voluntary basis. OSU/A&M employees have three options: 403(b) Plan, Roth 403(b) Plan, and 457(b) Plan. You decide how much money to contribute within the guidelines set by the Internal Revenue Service. 


How it Works 

Elected contributions will be deducted from your regular paycheck on a pre-tax basis (federal and state withholdings but not FICA), or you may contribute on an after-tax basis with the Roth 403(b) Plan. Contributions are remitted to TIAA, the plan provider. All contributions are immediately vested.

  • Eligibility

    All employees paid through the OSU/A&M payroll system, including student and temporary employees, are eligible to participate regardless of classification, percent of time employed (FTE), or length of appointment.

  • Contributions

    Minimum contribution is $15 per month for each plan. Maximum tax-deferred contribution limit is established by Internal Revenue Service regulations and is $22,500 for 2023.  


    Employees who are at least age 50 may contribute an additional $7,500 in 2023. You may contribute the maximum amount for both a 403(b) plan and a 457(b) plan.

  • Contribute, Change or Cancel Contributions

    To begin contributions, change the contributions, or cancel participation you will need to complete an OSU/A&M Retirement Program Voluntary 403(b) and 457(b) Plans Salary Reduction Agreement Form 

    If you are a benefits-eligible employee can enroll and/or make changes online through BenefitFocus at any time throughout the year in one of two ways:

    1. Online using the employee portal, Self-Service Banner
      1. ​Log in to
      2. Select the "Employee" tab.
      3. Select "Benefits: Enroll, Verify, Qualifying Event"
      4. Choose "New Hire Enrollment" or "Review Current Benefits" or "Qualifying Life Event".
      5. Follow the instructions.
    2. The BenefitFocus App
      • ​Watch this short video to learn how easy it is to access your benefits information whenever and wherever you go. You will also be able to use the app during open enrollment when you verify and elect benefits for the following year.  You can also use the Mobile App User Guide.
      • All of this from your mobile device! And that’s not extensive library of educational videos is now available at your fingertips. Download the app today! With secure fingerprint authentication, managing your benefits is as easy as 1-2-3:
        • Install the BENEFITFOCUS® App from Google Play or the Apple App Store.
        • Enter the company ID OSUAM.
        • Log into your benefits using your O-Key credentials.


Traditional 403(b), Roth 403(b), and Roth IRA Comparison Chart

OSU/A&M Retirement Program Guide



OSU/A&M Voluntary Salary Reduction Agreement Form

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