Enhancements to The George Washington University Retirement Plans
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We recently announced enhancements to the GW retirement plans that will take effect January 2025. Below please find additional details and transition resources available to you. Plan participants will also be receiving the materials included below by mail. We encourage you to utilize the guidance and informational tools to help you maximize your savings for retirement.
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 | Summary of the Enhancements |
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As a reminder, the basic design of the retirement plans, including contribution rates, eligibility requirements, and recordkeepers (TIAA and Fidelity) will remain the same. However, beginning in January 2025, the GW retirement plans will also provide the following enhancements:
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Streamlined fund offerings across all plans
- New fee structure with reduced expense ratios
- A self-directed brokerage option in all plans
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A tiered investment lineup
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 | Learning Opportunities, Tools and Resources |
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The GW retirement plans are an important part of your employee benefits package. While there is no action required by you at this time, to ensure your retirement plan elections are still on track to help you reach your retirement goals, please take this opportunity to review your account(s) and read through the newly available transition resources below.
We invite you to review the Transition Guide and visit go.gwu.edu/fundlineup for information on navigating this transition including frequently asked questions about the upcoming enhancements as well as details on the updated investment options, fund transitions, new fee structure, key dates, and more!
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Don't forget, participants are able to make changes to their GW plan investment elections, contribution rates, retirement providers, and update beneficiaries through their Fidelity netbenefits.com/GW or TIAA tiaa.org/gwu account at any time.
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 | Information Sessions |
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In the upcoming weeks, info sessions will be held for employees to learn more about the enhancements to the retirement plans and to understand and consider how these changes may affect you. We invite you to join us by registering via the links below.
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Monday, December 9, 2024 I 11 AM ET
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Monday, January 6, 2025 I 1 PM ET
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Note: The info session presentation will be recorded and will become available following the session dates on go.gwu.edu/fundlineup.
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 | Retirement Counseling |
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TIAA and Fidelity Workplace Financial Consultants are available to provide investment advice and education as well as answer any questions. You can schedule a one-on-one session at no cost with TIAA or Fidelity.
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 | We Are Here to Help |
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For questions or personalized assistance, please call TIAA at 800-842-2252, weekdays, 8 a.m. to 10 p.m. ET, or Fidelity at 800-343-0860, weekdays, 8:30 a.m. to 8:30 p.m. ET. You can also contact the Benefits office at benefits@gwu.edu, M - F, 8:30 a.m. - 5 p.m. ET.
Sincerely,
GW Benefits
Human Resource Management and Development
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GW Benefits
44983 Knoll Square, Suite 391
Ashburn, VA 20147
Phone: (571) 553-8382
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