If your institution is seeking a way to potentially reduce the unfunded liability of your defined benefit retiree health plan and still provide healthcare benefits in retirement for your employees, or you wish to implement a new retiree health plan, our suite of programs may be the answer. The collaboration between TIAA and Emeriti Retirement Health Solutions (Emeriti) provides a suite of retiree healthcare defined contribution programs that enable you to select and tailor a plan that best meets the needs of your institution and your employees. You can set up a simple, tax-advantaged way for your employees to save for health-related expenses in retirement with the TIAA Retirement Healthcare Program (RHP), or provide the Emeriti solution, which also includes nationally portable group health insurance.
Both programs provide:
FOR MORE INFORMATION:
About the TIAA RHP:
Talk to your Relationship Manager or call the Plan Sponsor Telephone Center at 888-842-7782.
This material is for informational or educational purposes only and does not constitute a recommendation or investment advice in connection with a distribution, transfer or rollover, a purchase or sale of securities or other investment property, or the management of securities or other investments, including the development of an investment strategy or retention of an investment manager or advisor. This material does not take into account any specific objectives or circumstances of any particular investor, or suggest any specific course of action. Investment decisions should be made in consultation with an investor’s personal advisor based on the investor’s own objectives and circumstances.
Interests in any retiree healthcare plan discussed herein are offered solely by the employer.
Teachers Insurance and Annuity Association of America (TIAA) will provide services to the plan and may issue plan communications on behalf of the plan sponsor, in its capacity as a plan recordkeeper.
The tax information contained herein is not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding tax penalties that may be imposed on the taxpayer. It was written to support the promotion of the products and services addressed herein. Taxpayers should seek advice based on their own particular circumstances from an independent tax or legal advisor.
Emeriti and TIAA are independent corporations and are not legally affiliated. The full name of Emeriti Retirement Health Solutions is The Emeriti Consortium for Retirement Health Solutions, an Illinois Nonprofit Corporation. Emeriti Retirement Health Solutions is not an insurance company, insurance broker or insurance provider.