(1971-2001)B.A., Howard Payne College; M.A., U. of Oklahoma; Ph.D.,ibid. This fee will be deducted proportionally from each investment in your account Quarterly and identified as "TIAA Plan Servicing Fee" on your statements. 401(a) Retirement Plan does not offer a loan feature. In order to more easily transition into retirement, you may be able to withdraw up to 10%, in cash, of your lifetime annuity income. (1981-1998)B.S., Texas A&M U.; M.S., Arizona State U.; Ph.D.,ibid. All persons holding a current Baylor College of Medicine academic appointment (medical, graduate, and postdoctoral students, residents, fellows, staff, and faculty, etc.) (1983-2021).B.A., St. Olaf College; J.D., William Mitchell College of Law; LL.M., Temple U. Rosalie Beck, Ph.D., Associate Professor of Religion. Summary Plan DescriptionOpens pdf in new window. By owning a combination of funds with different investment characteristics, you may be able to offset the poor performance of one asset class with another that is benefiting from an upward trend. (1958-1999)B.S., Baylor U.; M.Ed., U. of Texas. (1968-2011)B.S., Tennessee Technological U.; M.S., Auburn U.; Ph.D.,ibid.Jim Ellor, Professor of Social Work. Your financial well-being is TIAA's top priority and we are committed to helping you make informed decisions. Charles H. Talbert, Ph.D., Distinguished Professor of Religion. Dr. Northern Illinois U.; Ph.D., Pennsylvania State U. William A. Mitchell, Ph.D., Professor of Political Science. Who would benefit most from owning mutual funds? TIAA-CREF Individual & Institutional Services, LLC, Member FINRA, distributes securities products. Bioinformatics analyst at Baylor College of Medicine and graduate from the Honors College at the University of Houston. Charles M. Tolbert, Ph.D., Professor of Sociology. It's complimentary, thanks to your employer. (1971-2008)B.A., Baylor U.; M.A., U. of Texas; Ph.D.,ibid. You can put money away for retirement while saving on taxes. Please consult your legal or tax advisor. Doris A. DeLoach, D.M., Professor of Oboe and Music Theory and Director of Instrumental Studies. Learn what plans allow eligible employees to do. Make a selection before beginning enrollment. ; M.A., ibid. ; Ph.D., Texas Womans U. Susan K. Johnson, Ph.D., Professor of Educational Psychology. (1988-2015)B.B.A., U. of North Texas; M.B.A.,ibid., Ph.D., U. of Georgia.C. Patricia W. Cook, M.F.A., Professor of Theatre Arts. These payments generally are available to individuals who have attained age 55 but have not yet reached RMD Applicable Age and must begin at least one year prior to reaching RMD Applicable age. Jane Abbott-Kirk, M.M., Associate Professor of Keyboard Studies. ; Ph.D.,ibid. The full name of Emeriti Retirement Health Solutions is The Emeriti Consortium for Retirement Health Solutions, an Illinois Nonprofit Corporation. Does it still make sense in relation to your age and lifestyle? For financial guidance, call 800-842-2252 to speak to a TIAA financial consultant. (1973-2005)B.B.A., Baylor U.; M.B.A.,ibid. (1981-2018)B.S., New Mexico Institute of Mining and Technology; M.S.,ibid. ; Ph.D., U. of Oklahoma. ; Ph.D., U. of Texas. Richard E. Duhrkopf, Ph.D., Associate Professor of Biology. Supporting professional development, academic progression and career advancement of Baylor College of Medicine faculty members through their faculty life cycle; Enhancing faculty effectiveness as educators, clinicians, investigators, administrators and leaders; Partnering with the departments, College leaders and the Faculty Senate. increase substantially for the following groups: new retirees. Your own Plan account may earn more or less than this example. William Hair, Associate Professor and Associate Dean and Director, Central University Libraries (1994-2021)B.S., U. of Tennessee; M.Div., Mid-America Baptist Theological Seminary; M.L.S., Vanderbilt U. D. Thomas Hanks, Jr., Ph.D., Professor of English and Master Teacher. (1994-2020)B.S., Virginia Polytechnic Institute and State U.; M.S., ibid. Update my fund choices or provider to help meet my financial goals. Madalene R. Barnett, Ph.D., Professor of Communication Disorders. I have a form requiring notarization. 15% increase in Pre-65 dependent coverage . (1988-2009)B.S.E.E., Texas Tech U.; M.S.E.E., Southern Methodist U.; Ph.D.,ibid. Teachers Insurance and Annuity Association of America is domiciled in New York, NY, with its principal place of business in New York, NY. Sharp, Ph.D., Professor of Curriculum and Instruction. View your investment options with TIAA here. (1982-2020)B.A., Rice U.; M.S., Northwestern U.; M.S., Baylor U.; Ph.D., Northwestern U. Rena Bonem, Ph.D., Professor of Geosciences. (2000-2018)B.A., Wheaton College; M.A., Princeton U.; Ph.D.,ibid. Emeriti Plan Plan overview; 401(a) Retirement Plan 403(b) Tax-Deferred Investment Plan . There are a number of important differences between mutual funds and annuities when they are offered under a retirement plan. Janelle Walter, Ph.D., Professor of Family and Consumer Sciences. They offer several payment options, including lifetime income. Texas Tech U. 1Annuities are designed for retirement savings or for other long-term goals. (1993-2007)B.S., Texas A&M U., Commerce; M.A., U. of California, Los Angeles; Ph.D., U. of Illinois. 2021 Teachers Insurance and Annuity Association of America-College Retirement Equities Fund, 730 Third Avenue, New York, NY 10017. Baxter Johns, Ph.D., Professor of Mathematics. The Office of Faculty Affairs & Faculty Development is committed to: Our office oversees administrative matters related to faculty recruitment and appointment, faculty development and promotion, faculty recognition and advancement, faculty evaluation, retention and transitions. Tillman B. Rodabough, Ph.D., Professor of Sociology. TIAA Traditional is a guaranteed insurance contract and not an investment for federal securities law purposes. William K. Ghee, Ph.D., Professor of Finance and Insurance. Member FDIC. (1981-2011)B.S.N., Northern Illinois U.; M.S.N., U. of Tennessee, Knoxville; Ph.D., U. of North Texas. Take advantage of your jobs retirement benefits. (1982-2006)B.A., Michigan State U.; J.D., U. of Virginia. TIAA has partnered with Notarize.com (www.Notarize.com/TIAAOpens in a new window) to offer a digital and secure way for you to fulfill notarization requirements for your forms. William F. Cooper, Ph.D., Professor of Philosophy. Louis Muldrow, J.D., Professor and the Abner V. McCall Professor of Evidence. (1978-2011)B.S., U. of Texas; M.A.,ibid. Mark Anderson, M.F.A., Professor of Art and Art History. Roger E. Kirk, Ph.D., Distinguished Professor of Psychology and Statistics and Master Teacher. Make a selection before beginning enrollment. Mary Ellen Davenport, M.S., Assistant Professor of Nursing. You may have access to these products when you choose your options in enrollment. ; Ph.D., U. of Georgia. As a Baylor Medicine patient, you'll have access to exclusive clinical trials, leading-edge procedures, and the brightest minds in medicineall working together to provide you with more options . BCM contributes a 8% base contribution to the Plan and employees automatically receive the base contribution once eligible. (1972-2000)B.A., Occidental College; M.A., Florida State U.; Ph.D.,ibid. (1972-2006)B.A., Baylor U.; B.D., Southwestern Baptist Theological Seminary; M.A., Baylor U.; M.A., Cornell U.; Ph.D.,ibid. This may be restricted by the terms of your TIAA contracts. (2004-2020)B.S., Tarleton State U.; M.Ed., ibid. An annuity is an insurance contract with one or more fixed-rate and variable investment options. Emeritus Faculty . (1979-1999)B.S. Located in the heart of the world's largest medical center (Texas Medical Center), Baylor is affiliated . You may also review your existing accounts and make transactions online by logging into your secure account. David. Dennis Johnston, Professor of Statistical Science (2003-2021)B.S., U. of Texas, Arlington; M.S., U. of Texas; Ph.D., Texas Tech U. Jerry Johnson, Professor of Marketing (1974-2021) B.B.A., Baylor U.; M.B.A., ibid. Keep in mind: You may need to complete the required form found at Baylor College of MedicineOpens in a new window to tell your employer how much money you want taken out of each paycheck. . Is there a tax advantage to owning variable annuities versus mutual funds? Interests in the retirement healthcare program are offered solely by the employer. Wickramasinghe Ariyasinghe, Associate Professor of Physics (1988-2021).B.S., U. of Sri Lanka; M.S, Bowling Green State U.; Ph.D., Baylor U. David M. Arnold, Ph.D., Professor and the Ralph Jean Storm Professor of Mathematics. Kenneth W. Busch, Ph.D., Professor of Chemistry. Your employer will typically allow you to withdraw funds once you've reached 62. Frank H. Mathis, Ph.D., Professor of Mathematics. Most employers require you to save a certain amount before they will match it when they do, its all extra money! We offer several services in order to prepare students for the often rigorous journey in becoming a doctor, including: Premedicine students are encouraged to select a major in which they feel they will . For help and advice, call us anytime at800-842-2252. Tenured professors with at least one year of service at BCM and tenured associate professors with at least 10 years of service at BCM and who have remained on active status until retirement may be eligible for "Emeritus" appointment upon retirement following recommendation by the head of the Academic Unit in which the candidate has his or her primary appointment and upon formal action by the President and the Board of Trustees. (1978-2016).B.A., U. of California at Los Angeles; M.A.,ibid. (1957-1997)B.A., Hendrix College; M.A., Vanderbilt U.; Ph.D.,ibid. An annual TIAA Plan Servicing Fee of $191 is assessed if you maintain a Retirement Choice and/or Retirement Choice Plus account. See Faculty Appointments and Promotions Guidelines. Stephen Heyde, Professor and Director of Orchestral Activities, The Mary Franks Thompson Professor of Orchestral Studies, and Conductor-in-Residence (1984-2021)B.M., Capital U.; M.M., Carnegie Mellon U. Thomas S. Hibbs, Ph.D., Dean Emeritus and Distinguished Professor of Ethics and Culture. People are living longer than ever. (1981-2017)B.S., Southern Methodist U.; M.S.,ibid. Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917, Press Alt plus Down Arrow to view menu options. If you are an eligible classification, you automatically become a participant in the Plan when you reach age 18 and have completed 1 hour . Walter C. Holmes, Ph.D., Professor of Biology. (1966-2000)B.A., Wake Forest U.; B.D., Southeastern Baptist Theological Seminary; Th.M.,ibid. (1968-1985)B.S.Ed., State College, Indiana, Pa.; M.A., Ohio U.; Ph.D.,ibid. Frederick R. Gehlbach, Ph.D., Professor of Biology. (2003-2018)B.A., U. of Dallas; M.A.,ibid. Social Security will only replace about 40% of your pre-retirement income for the average worker, so you and your employer need to cover the rest. (2004-2017)B.A., Newcomb College of Tulane U.; M.A., U. of Kansas; Ph.D., U. of Virginia. those enrolled in Medicare but not collecting Social Security Call 713-798-1000 Monday - Friday 8 a.m. - 5 p.m. ONLINE Request Now Request non-urgent appointments Find a Physician Mutual funds offer diversification, professional management, relatively low investment minimums and fees, and a range of choices among different asset classes. (1987-2007)B.S., Baylor U.; M.A., U. of Texas; Ph.D.,ibid. ; Ph.D., U. of Texas. Request for Faculty Appointment/Promotion (RFAP) form prepared by the Academic Unit. (1989-2014)B.A., Duke U.; M.S., U. of Cincinnati; Ph.D., Texas A&M U. Eric C. Rust, Professor of History (1984-2022)B.A. Full-time faculty and staff members who are at least 21 years of age, and have completed one year of service with an accredited college or . Roger Olson, Professor of Theology, Truett Seminary (1999-2021)B.A., Open Bible College; M.A., North American Baptist Seminary; M.A., Rice U.; Ph.D., ibid. (1987-2002)B.S.N., Baylor U.; M.S., U. of Colorado; Ph.D., U. of Wyoming. Annuity contracts and certificates are issued by Teachers Insurance and Annuity Association of America (TIAA) and College Retirement Equities Fund (CREF), New York, NY. ; Ph.D.,ibid. (1984-2021)B.B.A., Texas Tech U.; J.D., U. of Oklahoma.