Participation is optional for eligible persons under 35. Fidelity Investments Only before-tax contributions are permitted. Both companies offer a variety of investment objectives. Details on these programs may be obtained from the University Benefits Office. The University makes no contribution to these plans.
Tax penalties occur when individuals withdraw contributions from a tax deferred plan.
It is recommended that financial advice be obtained before doing so. There is no mandatory retirement age under the State Pension Statute. Details on this program may be obtained from the University Benefits Office. Agricultural Extension Retirement Plan Agricultural Extension staff members holding cooperative appointments with the U. S. Department of Agriculture participate in the Federal Retirement Plan as well as the University Retirement Plan. Details on Federal retirement are available from the Director of Cooperative Extension.