Voluntary Retirement Savings Plans: 403(b) and 457(b)PlanEligibility

Contributions& Investment
StrategyEmployee
DeferralLimits

403(b) Pre-tax

Roth 403(b) (Post tax)

457(b) Deferred
Compensation Pre-tax

457(b) Deferred
Compensation Roth (Post Tax)All Administrative, Executive Service, Faculty, Staff, and Temporary (OPS) employees are eligible to participate in the voluntary retirement savings plans.
•••••

Contributions are allocated into the account of your choice, established in your name.
Make deferral changes any time during the year.
If enrolled in the SUSORP state retirement plan, your SUSORP optional contribution must be at 5.14% (maximum allowed) before starting 403(b) plan
contributions with a SUSORP provider(s) – TIAA, Voya.
You decide how to allocate all contributions among the investment funds & providers.
Contact your Investment Provider(s) to consolidate other retirement accounts into 403b and/or 457b plan accounts.

Subject to IRS calendar year limits.
Contributions to 403(b) pretax and Roth 403(b) must be aggregated. Thesecontributions do not count towards the 457(b) limit.

Subject to IRS calendar year limits.
Contributions to 457(b) pretax and Roth 457(b) must be aggregated. Thesecontributions do not count towards the 403(b) limit.

Catch-up
Provision

Plan permits participants aged 50+ to make an additional pre-tax (or posttax Roth) elective salary deferral.
Individuals of age 50 or more may make catch-up contributions toward the403(b) in the same year. These contributions do not count towards the457(b) limit.

Plan permits participants aged 50+ to make an additional pre-tax (or post-taxRoth) elective salary deferral.
Individuals of age 50 or more may make catch-up contributions toward the457(b) plan in the same year.
The 457(b) allows participants to make additional retirement plancontributions (Standard Catch-Up provision) if they are within three years ofnormal retirement age. To determine your eligibility, please contact theBureau of Deferred Compensation at 877-299-8002 or
DeferredCompensation@MyFloridaCFO.com

Enrollment

Initial enrollment, for both 403(b) and 457(b) plans, requires employees to contact a provider company to open an account. Once the account is established,
you can start and update contributions as needed.

Starting andManaging
Contribution
Amounts

Access the Retirement@Work® portal via Panther Soft HR Employee Self
Service (MyFIU portal) navigating to: Employee Forms > Benefit Forms >Retirement Voluntary Contribution.

Taxes onDistributions

Taxable in year funds aredistributed.

Loans andIn-Service
Distributions

Yes, these plans may offer loan options. Please contact your 403(b) plan
provider directly for further assistance and account specificquestions/options.

Roth distributions are tax free if firstcontribution was made at least 5years earlier and the owner is at least
59 ½, disabled or deceased.

To begin this process, please contact the Bureau of Deferred Compensation’s
office at (877) 299-8002.
Please note that it may take several weeks to stop or change your 457(b)payroll deductions.

Taxable in year funds aredistributed.

Roth distributions are tax free if firstcontribution was made at least 5 years
earlier and the owner is at least 59 ½,disabled or deceased.

Yes, these plans may offer loan options. Please contact your 457(b) plan
provider directly for further assistance and account specificquestions/options.

Revised 10/3/2024

Voluntary Retirement Savings Plans: 403(b) and 457(b)Ongoing Service Providers
Plan type

Provider Company

Representative
Juan Carlos Espinal

Customer Service

juan.carlos.espinal@fmr.com | (800) 642-7131
Click to Schedule a Virtual Meeting(800) 343-0860
Julio.Castillo@tiaa.org | (561) 393-1301
Click here to schedule a meeting(800) 842-2252
Greg@Gaborfs.com | (407) 890-0488
Click Here to Schedule a Meeting(800) 330-6115; Fax (850) 894-4268

Bureau of Deferred Compensation

Customer Service

DeferredCompensation@MyFloridaCFO.com | (877) 299-8002

Charles Schwab(Self-directed brokerage account. To enroll, contact
one of the investment providers listed below)

Customer Service(888) 393-7272

Corebridge Financial (Formerly AIG/VALIC)

Customer Service(800) 467-3726

Nationwide

Customer Service(800) 949-4457

Voya Financial

Customer Service(800) 282-6295

Fidelity
FIU 403(b)Voluntary
Retirement
Savings PlanPretax & RothCustomer Service
Julio Castillo

TIAA

Customer ServiceGreg Sokolow

Voya Financial

DeferredCompensation
457(b) Pretax &457(b) Post tax

Contact Information

Discontinued Service Providers
Plan type

Provider CompanyContact Information

Jim Hopler
Customer Service
Michael Goldberg
Customer Service

Jim.Hopler@corebridgefinancial.com | (305) 213-8895(800) 448-2542

ING ReliaStar / Jefferson / Symetra(Managed through Gabor Financial Solutions)

Greg Sokolow
Customer Service

Greg@Gaborfs.com | (407) 890-0488(800) 330-6115; Fax (850) 894-4268

MetLifeRichard Akirmaian
Customer Service

Rakirmaian@financialguide.com | (954) 434-0351(800) 560-5001

T. Rowe Price

Customer Service(800) 492-7670

Vanguard

Customer Service(800) 569-4903

Corebridge Financial (Formerly AIG/VALIC)
Equitable (Formerly AXA)FIU 403(b)Voluntary
Retirement
Savings PlanPretax

Representative

Michael.Goldberg2@equitable.com | (561) 997-7800(866) 401- 3030

Revised 10/3/2024