You may enroll at any time in the Faculty and Staff Retirement Plan regardless of whether you are an employee paid on a biweekly basis or an employee paid on a monthly basis.  This plan is available to Duke University and Duke University Health System eligible employees. The plan enables you to make voluntary contributions to your retirement on a pre-tax basis, Roth after-tax basis, or a combination of both. You may contribute up to the IRS contribution limit. Enroll in the 403(b) Plan through Duke@Work.

Before you decide to enroll in the plan you only need to make a few key decisions.

Making Changes

You may change the amount of your 403(b) contribution once per pay period. View pay schedule dates

You may change your beneficiaries or change the funds in which you invest as often as you like by contacting Fidelity directly.

Your Default Investment Options

If you have a payroll deduction set up to contribute or will start receiving Duke’s contributions but do not make investment elections, then your contributions will be invested at Fidelity in a Target Retirement Fund based on your age.

Rollovers and In-Plan Transfers

You can rollover balances from eligible retirement plans and transfer money from the Plan, including any frozen accounts at TIAA or Corebridge Financial (AIG/VALIC) to your Fidelity account.

Distribution Options

The Plan allows for distributions and loans. However, there are some restrictions on when you are eligible to withdraw the contributions that you put into the plan. Please carefully consider all your options before you withdraw money from your retirement plan.