When you enroll in the Old Dominion 403(b) Plan you are eligible to enroll in the Old Dominion University Cash Match 401(a) Plan. Hybrid members will need to maximize voluntary contributions to be eligible for the cash match. Please contact the benefits department or refer to your enrollment materials for additional information.

No employee contributions are allowed in this plan. Only Employer contributions are permitted. Please contact Human Resources for information on the Employer match.

You are always 100% vested in your own contributions to the Old Dominion University Cash Match 401(a) Plan, as well as any earnings on them.

To help you meet your investment goals, the Plan offers you a range of options. You can select a mix of investment options that best suits your goals, time horizon, and risk tolerance. The many investment options available through the Plan include conservative, moderately conservative, and aggressive funds. A complete description of the Plan’s investment options and their performance, as well as planning tools to help you choose an appropriate mix, are available online.

If the idea of getting professional help to manage your investments appeals to you, your plan offers Target Date Funds. With Target Date Funds, the investment mix of stocks and bonds automatically becomes more conservative as the target retirement date approaches. Principal invested is not guaranteed at any time, including at or after the fund’s target date. Choose the fund that represents your anticipated year of retirement.

Loans are not available in this Plan.

You are generally allowed to withdraw money from your plan when you leave your employer, retire or become permanently disabled. Withdrawals may be subject to income taxes and, if they occur prior to you becoming age 59½, a 10% early withdrawal tax penalty.

For more information:
If you have an account with Fidelity, call 800-343-0860.
If you have an account with TIAA, call 800-842-2252.
Or you can also call CAPTRUST at 800-967-9948.

If you have not already selected your beneficiaries, or if you have experienced a life-changing event such as a marriage, divorce, birth of a child, or a death in the family, it’s time to consider your beneficiary designations. Fidelity’s Online Beneficiaries Service, offers a straightforward, convenient process that takes just minutes. To make your elections, click on the “Profile & Settings” icon in the upper right-hand corner, then select “Beneficiaries” and follow the online instructions.

TIAA: Call 800-842-2252 or log in to your account by selecting TIAA in the drop down box at the top of the page under Your Account and follow the prompts to the TIAA website.