Faculty, staff and retirees have the opportunity to learn more about U-M Retirement Savings Plans during four university-exclusive webinars this year. These events are open only to the U-M community.
The free events, offered by TIAA, one of the companies that administers U-M’s Basic Retirement Plan, will be offered throughout 2025.
Four Opportunities to Learn More
Understand Your Investments Available through the U-M Basic Retirement Plan
Tuesday, Feb. 25 – noon
Have you considered whether you’re saving enough for the retirement you envision? Do you know how much income you may need in retirement? Join TIAA's local financial consultant, Sal Vassallo, to learn more about planning ahead and tools available to stay on track.
TIAA will share tips about:
- The importance of developing a retirement plan
- How to get personalized advice
- TIAA’s online guidance tool
- Automating your plan with Retirement Plan Portfolio Manager
Set Your Retirement Date: Understand the Factors to Get You to Your Goal
Friday, April 11 – noon
This webinar will introduce the steps toward deciding when the time is right to retire, including estimating retirement expenses, closing any income gap and understanding key milestones that can impact your retirement finances.
TIAA will cover how you can:
- Create your vision.
- Understand what’s ahead.
- Estimate expenses and income.
- Make your plan.
Get a Head Start: Understanding the University of Michigan Retirement Plan
Wednesday, Aug. 27 – noon
Get to know the University of Michigan Retirement Savings Plans with a step-by-step overview. Need a refresher? TIAA will explore the ins and outs of U-M retirement benefits.
Join the webinar to learn:
- What are the eligibility, contribution methods and limits for your savings?
- How to prioritize your budget to reach long-term goals.
- What investment options are available to you.
- How to maximize support available to get on track.
Investing Essentials: 5 Principles to Invest with Confidence
Thursday, Oct. 16 – noon
How you invest today can impact what you’ll have tomorrow. No matter where you are in your career journey, this webinar can help you understand five key principles of investing for the future to get the most from your money.
The following principles will be addressed:
- Choosing the right type of account
- Understanding the risk/return trade-off
- Having the right mix of investments
- Staying the course
- Reviewing regularly
All of the webinars are scheduled in Eastern Time.
Registrations Are Open
Register soon to get the events on your calendar. If you can’t attend the live event, the webinars will be available on-demand for a year after each one.
Help at MHealthy
MHealthy also offers several resources to assist faculty and staff with improving their financial well-being. These include education programs and resources, coaches, and immediate assistance for those who need help now.