UToledo Human Resources

How Do I Change My 457b Voluntary Retirement Plan Contributions?

TIAA

  1. Go to University of Toledo Retirement Systems Page
  2. Click 457(b) tab  
  3. Select “University of Toledo Retirement@Work” Link
    1. UT Retirement@Work only accessible through provided link on Retirement Systems webpage
  4. Click “Already Registered” to login to your current account, click “Register Now” to set-up your account  
    1. If you are registering a new account, Retirement@Work will ask personal identification questions for security measures, please follow all prompts to complete registration  
    2. If you have issues logging in, you must contact Retirement@Work Customer Service at 844-567-9090
  5. Once logged in, select the blue “Contributions” Tab towards top left of your screen
  6. Next, click the yellow “Manage Contributions” button on right side of your screen
  7. Enter your contribution information, then click “next”
    1. When do you want contributions to start?  
    2. How much do you want to contribute per paycheck?  
    3. How would you like to allocate your funds (Pre-Tax, Roth, or both)?  
  8. Select your vendor(s), then click “next”
    1. TIAA
    2. Please refer to “Vendor Comparison Guide” to help select your vendor or consult with a financial professional to assist you in making best decision for your retirement goals
  9. Review your contributions, check “I have read and accept these Terms and Conditions”, then click “Confirm”
  10. If you are creating a new account or selecting a new vendor, you MUST open a 403(b) account with the vendor you selected. Please refer to the “Vendor Contact & Plan Codes” under the 403(b) tab to begin your setup.
  11. Once your account is open with your vendor(s), congratulations! You have successfully updated/began new contributions to your 403(b) account!  

Ohio Deferred Compensation

  1. Click “Ohio Deferred Compensation” Website  
  2. If you already have an account, enter your username then click “login”. If you are creating a new account, click “Sign Up”
    1. For any issues logging in or creating an account, please contact ODC Customer Service at 877-644-6457
  3.  Once logged in, click “View Details” on right hand side for your Ohio 457 Account Type  
  4. Then, click “Contributions”  
  5. On right hand side, select red “Change” button  
  6. Add your desired contribution amount per paycheck and allocation amount, then click “Next” at bottom of page
    1. $15/pay minimum
    2. We recommend working with a financial professional to help you decide investment options that best fits your retirement goals or you can “View Fund Performance”  
  7. Review your contribution and allocation selections, then click “Complete” at bottom of page.  
  8. Congratulations you have successfully updated your 457(b) contributions!  
Last Updated: 7/15/24