April 23, 2020
Kenyon has temporarily adjusted its operations due to the COVID-19 pandemic. Read more here.
The College's retirement program is underwritten by Teacher's Insurance and Annuity Association (TIAA). College and employee contributions are invested in funds offered by TIAA through the Kenyon College Plans.
Under Universal Availability, all non-student Kenyon employees who receive compensation reportable on an IRS Form W2 are eligible to participate in the Tax Deferred Annuity Plan, with a minimum contribution of $200 per year.
Eligibility to participate in the Kenyon College Defined Contribution Plan (DCA) and receive the College's contribution occurs when one enters a benefits eligible
Participation in the DCA plan is mandatory for benefits eligible staff and faculty. Employee contributions are deducted under a salary reduction agreement. Please see the TIAA Retirement Plan Contribution Form for contribution options. Taxes on the portion of salary used to make contributions are deferred until the employee begins receiving benefits at retirement.
Assets in the plan are transferable to beneficiaries upon death. To add, change, or remove beneficiaries, please visit TIAA's online portal to complete the beneficiary change form. Don't have an online account? Learn how to enroll and manage your account online here.
Participation may begin at initial employment or added to during continued employment, and is optional. SRA's provide an opportunity to invest in additional TIAA funds under a salary reduction agreement.
An option to contribute after-tax dollars with the possibility of tax-free distributions after age 59 1/2.
Please be aware that the law limits the amount you may defer under this and other plans in any tax year. For further details, or if you have questions, please contact the Office of Human Resources at 740-427-5173. You may also visit the TIAA Kenyon Microsite.
NOTE: These plans have been described
You may download the Summary Plan Description for all mentioned plans on the Download Plan Descriptions page.