Are Roth contributions right for you? See the resources below.
In January 2020, you will be able to contribute to the TDA and 457(b) Plans on a post-tax basis and, if certain holding requirements are met*, take distributions of contributions and earnings tax-free .
With the addition of this new Roth feature, you will have another choice on how to save for your retirement. For questions or help with your savings and investments, meet with a Fidelity representative. To schedule a one-on-one consultation at no additional cost to you, go to Fidelity NetBenefits at www.NetBenefits.com/Indiana, call the Fidelity reservation line at 800-642-7131, or text “MeetAtIU” to 343-898*. Meetings will be available on every campus throughout the fall semester.
*A distribution from a Roth 403(b) or 457(b) is tax free and penalty free, provided the five-year aging requirement has been satisfied and one of the following conditions is met: age 59 1/2, disability, or death.