- Supplemental Retirement Annuities (SRA) – GME Residents and fellows may invest pre-tax and/or post-tax dollars in a 403(b) program. These unmatched dollars may be invested in funds available through TIAA. To participate, enroll online: UChicagoMedicine TIAA Single Sign On Portal
- Voluntary Retirement Income Plan for Employees (ERIP) – Once a GME resident/fellow has satisfied the standard two years of service requirement applicable to all eligible UCMC employees, they will be automatically enrolled. At that time, the resident/fellow can choose their employee contribution-1% to 2% of eligible pre-tax pay and receive a 200% employer match, up to 4% pre-tax or post-tax contribution (based on salary). The resident/fellow will have the option to opt out. Both plans administered by TIAA.
- Roth Option – A Roth 403(b) retirement contribution option is available for both SRA and ERIP. Roth contributions are made with after-tax dollars. While there are no current-year tax benefits, your Roth contributions and related earnings can grow tax-free. You can withdraw Roth contributions and related earnings tax-free and penalty free if you are at least age 59 ½ when you make the withdrawal and your withdrawal occurs at least five years after the year in which you first made Roth 403(b) retirement contributions to the plan.