Retirement Planning Made Easy
Follow these 5 Steps:
Officers
Newly-hired Officers are automatically enrolled into the Voluntary Retirement Savings Plan (VRSP) 60 days from your date of hire at 3%. Contributions will be deducted from your paycheck on a pre-tax basis. Columbia makes contributions as soon as you become eligible.
Support Staff
Newly-hired Support Staff may start contributing to the Voluntary Retirement Savings Plan (VRSP) right away by logging into CUBES. Contributions will be deducted from your paycheck on a pre-tax basis. Columbia makes contributions immediately upon hire.
Maximize your contributions to the VRSP. You can contribute up to 80% of your paycheck on a pre-tax or Roth after-tax basis up to annual IRS limit of $19,000. At age 50, you can make an additional catch-up contribution up to $6,000 into the VRSP at anytime in the year.
TIAA and Vanguard retirement planning specialists visit the campuses regularly. Sign up for a one-on-one session or join a webinar. And attend our customized workshops offered throughout the year.
Explore all the Retiree Benefits—health, tuition, financial, and well-being programs—to help you plan for your retirement needs and reach your financial goals.
Financial Planning By Career Stage
Early Career Stage
Start saving early and let time work for you
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Just Starting Out
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Personal Finance 101
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Budget Worksheets
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Paycheck Calculator
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Financial goals planner
Mid Career Stage
Long-term strategies amidst changing priorities
Late Career Stage
Explore income options for retirement
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Preparing for Retirement
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Retirement Income Illustrator
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Lifetime Income Calculator
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Retirement Budget Worksheet