As a Support Staff member, you were eligible for two types of retirement savings plans:
- Columbia University Retirement Plan for Support Staff (the University contributed to a retirement plan on your behalf)
- Voluntary Retirement Savings Plan (you contributed to a retirement plan and made contributions through paycheck deductions.
There are several options available to you at retirement for these plans. You can either:
- Leave your assets in their current investments until age 70½ ;
- Roll over the assets to a successor plan (e.g. an IRA); or
- Take a lump sum distribution.
For more information, contact TIAA or Vanguard.