Retirement
Resources for Retirement planning.
Retirement Savings Plan
Marymount offers a retirement plan that is open to all eligible regular full-time and part-time employees.
The University will match up to 3% of employee pretax contributions of eligible compensation for full-time eligible employees.
Eligibility Information
All eligible regular full-time and part-time employees may immediately participate upon hire. Not eligible: Non-Resident Aliens (NRAs), Student Employees.
Plan Information
Voya Financial serves as the administrator for Marymount’s 403(b) Defined Contribution and non-qualified (NQ) retirement plans. These flexible plans allow employees to set aside money either on a pre-tax or Roth basis [403(b) only] via payroll deduction up to the IRS permitted limits [IRS annual limits] which can be invested in a wide array of low cost investment options.
For employees that meet or exceed the IRS definition of highly compensated, they are eligible to participate in a 457(b) Deferred Compensation Plan.
Marymount’s Retirement Savings Plans offer a convenient way to set aside money for your financial future. To review the Summary Plan Description, and learn more about the plans, tools, and resources, go to https://marymount.beready2retire.com/.
Vesting Schedule
All non-elective and elective employer contributions made by Marymount University are subject to the vesting schedule below. Employees are always 100% vested in the contributions they add to their account.
| Years of Service | Vested % |
| 1 | 25% |
| 2 | 50% |
| 3 | 75% |
| 4 | 100% |
How do I Enroll?
To make changes to retirement elections or opt out, log in to Workday, select Benefits and click on Retirement external link to be directed to Voya’s website. Or you may go directly to enroll.voya.com. You will need to enter the following information:
- Plan Number: 664694
- Verification Number: 019673
Contact and Plan Information
| Voya |
(800) 584-6001 |
marymount.beready2retire.com. |
Rolling Over Other Retirement Accounts
Consolidating your retirement savings into a single account is one of your options that could help simplify your financial life. Voya’s® here to educate you on all your options. Our team of professionals is here to support you and help you on achieving a simpler financial life today and a successful retirement tomorrow.
For instructions to roll over from a TIAA CREF account click here. For instructions to roll over an old employer plan click here.
To learn more or for help consolidating your accounts, call 612-217-9694 or email
Financial Wellness
CAPTRUST serves as a resource providing financial wellness, savings, and investment advice. You may call CAPTRUST at 1-800-967-9948 to speak to a counselor, who will assist you with your investment questions and other financial inquiries you may have. CAPTRUST also provides a Retirement Blueprint financial plan to assist with your long-term financial needs. Counselors are available Monday to Thursday, 8:30 a.m. to 8:00 p.m., Friday 8:30 a.m. to 6 p.m. ET, or you can make an appointment online via www.captrustatwork.com.
Learn about CAPTRUST at Work by clicking here
Learn about a valuable financial planning tool called Blueprint, provided to eligible employees as part of your retirement plan benefit by clicking here
