If you have a balance in the Wake Forest University 403(b) Retirement Plan, the upcoming transition may affect you, even if you are retired or no longer employed by Wake Forest University. Please review all communications you receive from Wake Forest University and Fidelity to ensure you understand how this transition may impact your account.

Installment and Required Minimum Distribution (RMD) Payments
If you are currently receiving installment payments or required minimum distributions (RMDs) from your Plan at TIAA, these payments will transfer to Fidelity. It is important that you review your payment election at TIAA and decide if you will need to make changes based on the assets remaining at TIAA or establish a new payment election in the Plan at Fidelity once the transition is complete.

Required Minimum Distributions Scheduled to Pay in January 2027
If you have an RMD scheduled to be paid during the quiet period (see the Key Dates page), TIAA will issue your payment early on January 4, 2027.

Resources and Support

Wake Forest University Retiree Gatherings
Wake Forest’s Retiree Gatherings, hosted by Campus Recreation, are monthly events held from 10:00 a.m. to 11:30 a.m. ET, on the second Tuesday of each month in the Wellbeing Center Living Room. During the October 13th gathering, attendees will receive information about the transition to Fidelity and have an opportunity to ask questions.

Fidelity-Hosted Presentations
Fidelity will host a variety of both in-person and virtual presentations from September through December to review the transition to Fidelity. To view a schedule of events, please visit the Meet with Fidelity page.

CAPTRUST
You may schedule an in-person or virtual consultation with CAPTRUST, an independent fiduciary advisor, for personalized retirement planning advice. CAPTRUST’s financial experts are available to help you optimize your retirement plan benefits. See the Resources page for more information.