The Tax Deferred Account Plan is a 403(b) voluntary retirement savings plan available to all employees, including student employees. 

To begin making contributions to the Tax Deferred Account 403(b) an employee must:

  • If you already have a Fidelity account:
    • Login to Fidelity in order to choose contribution percentage, investment options, and beneficiary elections for the Tax Deferred Account plan.
  • If you do not have a Fidelity account:
    • A login may be created and an account may be opened at Fidelity (plan # 89928) then you may choose a contribution percentage, investment options, and beneficiary elections for the Tax Deferred Account plan.

New elections and changes to existing contribution rates may be made at any time by logging into your Fidelity account or calling Fidelity at (800) 343-0860. Changes in contribution rates generally take one to two paychecks to take effect.

An employee may elect to deduct a percentage of their pay, 75 percent or less, up to the IRS limit, to a Tax Deferred Account 403(b) at Fidelity. Contributions may be made on a pre-tax or post-tax (Roth) basis or both. Contributions are remitted to accounts on a bi-weekly basis, the week following each pay date.

Employees are immediately vested at 100 percent in the Tax Deferred Account Plan.

A participant may withdraw funds from their plan account upon (1) attainment of age 59 ½ or older while employed or (2) 30 days following either their retirement or termination of employment. Withdrawals prior to age 59 ½ may be subject to early withdrawal penalties.

Hardship distributions from the plan are not allowed. A participant may receive a loan from their plan account by contacting Fidelity directly. Loans are subject to both federal tax code and Fidelity rules and regulations.

  • Ball State approved provider of independent retirement investment advice for participants in the APP and 403(b) and 457(b) voluntary retirement plans through Fidelity
  • Free online evaluation at EdelmanFinancialEngines.com/forBSU 
  • Retirement investment advice services for a fee
  • Phone: (877) 401-5762

Ball State University selected Fidelity as the sole recordkeeping service provider beginning November 2, 2020.

If you wish to transfer available TDA funds from a former vendor to Fidelity please make an appointment to meet with a Fidelity representative or contact Fidelity at (800) 343-0860.

  • Equitable (AXA) - Login or call (800) 628-6673
  • Lincoln – Call (800) 454-6265
  • One America (AUL) - Login or call (800) 249-6269
  • TIAA - Login or call (800) 842-2252 
  • Voya - Login or call (800) 584-6001

 


The University also offers the following two voluntary retirement plans to help employees reach their retirement savings goals: