DePaul University Human Resources > Benefits > 403(b) Retirement Plan

403(b) Retirement Plan


403b retirement plan

Is your retirement decades away or just around the corner?

Either way, it’s never too early or too late to start planning and saving for your future. DePaul University offers a 403(b) retirement plan to help you save for retirement.

The 403(b) retirement plan provides eligible faculty and staff with the opportunity to accumulate tax-deferred retirement funds. In accordance with plan provisions, eligible employees may make tax-deferred contributions and receive tax-deferred university contributions for the purpose of investing these funds in a variety of investment vehicles offered by the plan’s investment fund sponsors. Earnings on the contributions are also tax deferred.

News: Our competitive retirement matching just got even better.
Don’t miss out on this benefit!  Starting January 1, 2017, DePaul’s 403(b) match contribution has increased from 8.5% to 9%.  In order to receive this benefit, you must meet all match criteria:

  • Saving at least 5% of your paycheck in DePaul’s 403(b) plan,
  • Be age 21 or older,
  • Have one year of service or more (including 1,000 hours worked or course load equivalent)

Take advantage of all that DePaul offers

Here are just a few ways that DePaul HR helps you learn and get the most out of your retirement plan:

Meet ALEX Your Benefits Assistant

A new way to learn about your 403(b) retirement plan

ALEX is an easy-to-use online tool that will help find the best-fit retirement plan for you and your family. Meet ALEX.

ALEX does not determine 403(b) eligibility or process your 403(b) enrollment. If you are uncertain of your eligibility, contact a Benefits specialist at 403bRetirement@depaul.edu or ext. 28232. To complete your enrollment process, visit http://go.depaul.edu/mybenefits.

When is it time to review your 403(b) retirement plan?

Changes at work or home could mean that it's time to review your retirement plan options and consider making some adjustments. New employees and those transitioning into retirement need to review their options, but there are many times during your employment when it's necessary to analyze your 403(b) retirement plan.

This helpful graphic addresses the most common changes in life that mean it's time to take another look at your 403(b) options.


Plan Notices and Fee Disclosures

Notices regarding fund changes, investment performance, fees and expenses are delivered to employees regularly.


Fidelity Investment Information

Visit http://mv.participantdisclosure.com (Password: 62919) for information and resources to help you make informed investment decisions, including more detailed information on the Plan’s investment options.


TIAA-CREF Investment Information

Visit www.tiaa-cref.org/planinvestmentoptions (Plan ID 100990) for a current list of investment options and detailed descriptions of each.


The 403(b) retirement plan provides eligible faculty and staff with the opportunity to accumulate tax-deferred retirement funds. In accordance with plan provisions, eligible employees may make tax-deferred contributions and receive tax-deferred university contributions for the purpose of investing these funds in a variety of investment vehicles offered by the plan’s investment fund sponsors. Earnings on the contributions are also tax deferred.