TIAA-CREF offers info on options, individual counseling

WSU employees, in particular those a year or less from retirement, are invited to a discussion of the TIAA-CREF retirement income options 2:30-4 p.m. Wednesday, April 15, in Smith CUE 202.   Topics will include an overview of retirement income and expenses, threats to retirement cash flow, and TIAA-CREF income options.   Also, information will be provided regarding […]

Retiree tax benefit can help WSU too

New tax legislation allows — for a limited time — a way to make gifts to the WSU Foundation and other charities using individual retirement accounts (IRAs) without negative tax consequences.   Similar to previous legislation called the Pension Protection Act of 2006, the Emergency Economic Stabilization Act of 2008 allows distributions up to $100,000 […]

Phased retirement can benefit WSU, employees

Some WSU employees may have the option of easing into retirement, thanks to the university’s Phased Retirement Plan. To participate, you must meet some basic criteria, including: • Administrative professional or faculty employee• Age 55 or older • At least 10 years of cumulative service to WSU• On the TIAA-CREF retirement plan It is recommended […]

TIAA-CREF sponsors annual summer All Campus Picnic

Mark your calendars and note the change of location, Washington State University’s annual All-Campus Picnic will be held the 11 a.m. to 1:30 p.m. Friday, Aug. 18, at Mooberry Track.  The lunch includes hamburgers, hotdogs, salad, sandwiches, beverages, dessert and music, and is free to all students, faculty and staff. The picnic was moved to […]

Deferred comp rep in Pullman Nov. 10

Deferred comp rep in Pullman Nov. 10It is never too early to start planning for retirement. To help with part of that planning, Stacy Rundle, from the state deferred compensation program, will be in Pullman Thursday, Nov. 10, with information for employees interested in tax sheltering money for retirement.Group sessions will be held at 8:30 […]

Employees get into picnic prep

Employees and students prepared and then partook of a free all-campus picnic at WSU Pullman Friday, Aug. 19. In these photos taken by Shelly Hanks of WSU Photo Services, Camille Martin of the Ecology Department gets into the work of recycling preparation for the Waste Wise program. And Hsiu-Pow Hwang, general manager of Dining Services, […]

Looking for a resolution? Pay yourself first and save

The maximum amount WSU employees may defer from their paycheck into retirement savings has increased for 2005. In each of the two programs offered, the maximum has gone from $13,000 in 2004 to $14,000 for 2005. Employees may start, stop or make changes to their accounts at any time. The two programs in which employees […]

TIAA-CREF offers yearly portfolio rebalancing

To maintain an appropriate risk/reward balance within retirement investment portfolios, TIAA-CREF suggests that employees in its retirement programs rebalance their portfolios periodically. However, plan participants often don’t get around to doing this. So, TIAA-CREF is introducing automatic portfolio rebalancing through its Asset Allocation Services. To use this service, plan participants first decide on an initial […]