As a Resident or Fellow in a CU GME training program, you may choose to partcipate in the CU 403(b), PERA 401(K) and/or the PERA 457 Voluntary Retirement Savings Plans.
- Reduce current taxable income by the
amount of your contributions.
- Accumulate money for retirement.
- Pay no income taxes on contributions
made or interest earned until money is withdrawn from the investment plan.
- Begin participation or change
contributions anytime throughout the year (no mandatory open enrollment
- Directing your retirement plan
contributions is a decision that involves your personal financial goals and
current situation. GME personnel are not permitted to advise you. Please
contact Employee Services.
About your contributions:
“employer” match is available to the Resident or Fellow with these Voluntary
- Contributions to any combination of
403(b) or 401 plans, including those at different employers, cannot exceed a
total of $18,500, or 100% of your total eligible annual income, whichever is
less. 401 plans are not available to GME Residents through the University.
- Contributions to a 457 Plan allow a
separate, additional contribution of up to $18,500 annually.
CU GME does not
provide information on these plans.
Review information at www.cu.edu/employee-services/voluntary-retirement-savings-plans or call Employee
Services at 303-860-4200.
401(k) and PERA 457 Plans:
may also call 800-759-7372 or visit the Colorado PERA website, www.copera.org for information regarding these plans.
Review the CU Employee Services Financial Wellness webpage for topics such as "Healthy Habits," "Personal Financial Checkup," and "Personal Financial Consultations." Resident and fellows can take part in free one-on-one sessions with a financial professional from TIAA, the University's retirement plan service provider.
Note: This is not an Employee Services document.
The University reserves the right to change all or any part of this benefit and information at
any time. If there are any discrepancies between this document and Employee Services policies and procedures,
the relevant plan documents, Employee Services policies and procedures, and any
applicable federal and state laws will govern. You are responsible for staying
within the guidelines of these plans as defined by the IRS.
Updated January 2018