How to Enroll or Make a Change to Your 403(b) SRA

Make your 403(b) Supplemental Retirement Account (SRA) enrollments or changes on Self Service > Benefits through Wolverine Access.  Go to Wolverine Access, click the Faculty & Staff tab, enter your uniqname and UMICH password to log in, click Employee Self-Service, and then follow these steps.

  1. Click the Benefits tile
  2. Under Retirement Self Service, click Initiate Ret Savings Elections
  3. Click the radio button for Select this option to Enroll/ Change/Cancel Your Basic Retirement Savings Plan or your Supplemental Retirement Account (SRA)
  4. Click Next
  5. Review the effective date and then click Continue to proceed
  6. Click Select at the bottom of the page
  7. Click Edit for the SRA vendor with whom you wish to invest or make a change
  8. Click TIAA SRA or Fidelity SRA
  9. Enter your contribution amount and then click Store
  10. Review your elections and click OK
  11. If you want to open an SRA with both investment companies, click Edit for the vendor you did not select in step 8, otherwise skip to step 14
  12. Enter your contribution amount and then click Store
  13. Review your elections and click OK
  14. Click Submit to save your elections
  15. Read the information on the Submit Benefit Choices page, and then scroll down and click Submit
  16. Review your confirmation number and submitted elections
  17. Click Return to Enrollment to review your event status
  18. Click Sign Out at the top of the window to close self-service, and then click Log Out to securely exit Wolverine Access. If you are on a public computer, click Log Out again to securely log out of all U-M weblogin applications.
  19. Select your investment funds and designate your beneficiaries by visiting the TIAA and or Fidelity Investments websites for the U-M plans.

IMPORTANT

You need to designate your investment fund choices and beneficiaries separately for each type of plan in which you enroll.   Fund choices and beneficiary designations you have already made for one plan, such as the Basic Retirement Savings Plan, do not automatically carry over to the 457(b) or the 403(b) SRA (and vice versa).  You need to designate your beneficiary separately each time you enroll in a new type of plan.