Use Retirement Manager to enroll in the Duke retirement plan, review your contribution rate and balances, or change your contribution rate.
If you are considering taking a hardship withdrawal or a loan from your 403(b) account, please be sure to read the information below:
- Requesting a Hardship Distribution (call 919-684-5600 for more information)
- Requesting a Loan
Enroll in Your Duke 403(b) Retirement Plan
The Faculty and Staff Retirement 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. Enrolling is a simple two-step process.
You may change the amount of your 403(b) contribution or change how your contribution is allocated among investment carriers once per pay period. Please keep in mind that your change request must be entered before the cut-off date for the payroll date you choose. Typically the cut-off date is approximately 30 days before the paycheck date.
You may change your beneficiaries or change the funds in which you invest as often as you like by contacting the investment carriers directly.
Your Default Investment Options
How your 403(b) account will be invested if you have a payroll deduction set up to contribute but do not choose a retirement plan vendor or do not select specific investment funds.
Roth 403(b) Contributions
The Roth 403(b) provides you with an option to make voluntary contributions to the Faculty and Staff Retirement Plan on an after-tax basis.
Vesting of Duke's Contribution
Vesting means ownership of the market value of your account. You are always 100% vested in your own voluntary contributions. Vesting only applies to Duke's contribution. Once you are vested, you have an irrevocable right to the amount of the Duke contribution in your account adjusted for gains or losses.
How to transfer funds between investment carriers.
Withdrawals and Loans
How to request a withdrawal or loan from your investment carrier.