Founded in 1860, New York Medical College (NYMC), one of the nation's largest private health sciences universities, is the leading academic biomedical research university between New York City and the state capital of Albany, NY. (1972-2006)B.A., Baylor U.; B.D., Southwestern Baptist Theological Seminary; M.A., Baylor U.; M.A., Cornell U.; Ph.D.,ibid. ; LL.D. John "J.T." In some cases, an investment provider may pay a portion of an investment's expense ratio to TIAA, the recordkeeper, to help offset the cost of plan administration. The information herein is general in nature and should not be considered legal or tax advice. If you were born in 1959, federal guidance is needed to determine if your RMD Applicable Age is 73 or 75. TIAA-CREF Individual & Institutional Services, LLC serves as a broker-dealer with respect to underlying mutual funds only, and does not offer, market or sell interests in such plans or otherwise provide broker-dealer services with respect to the interests in such plans. How do I find an online Notary? Equal Housing Lender. 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. (1988-2015)B.B.A., U. of North Texas; M.B.A.,ibid., Ph.D., U. of Georgia.C. Does it still make sense in relation to your age and lifestyle? If requested before 2 p.m. you will receive a response today. For financial guidance, call 800-842-2252 to speak to a TIAA financial consultant. ; M.B.A., ibid. Withdrawals of earnings are subject to ordinary income tax plus a possible federal 10% penalty if made before age 59. William K. Ghee, Ph.D., Professor of Finance and Insurance. Delton L. Chesser, Ph.D., Professor of Accounting. Who would benefit most from owning mutual funds? ; Ed.D.,ibid. This may be restricted by the terms of your TIAA contracts. James Kennedy, Associate Professor of Religion (1986-2021)B.A., Palm Beach Atlantic College; M.Div., Southern Baptist Theological Seminary; M.Phil., Drew U.; Ph.D., ibid. Owning mutual funds can reduce risk through diversification and professional management, and allow you to potentially invest in a broad range of asset classes U.S. and non-U.S. stocks, bonds, and real estate with smaller amounts of assets. You can put money away for retirement while saving on taxes. For help and advice, call us anytime at800-842-2252. Investment, insurance and annuity products are not FDIC insured, are not bank guaranteed, are not deposits, are not insured by any federal government agency, are not a condition to any banking service or activity, and may lose value. William R. Reichenstein, Ph.D., Professor of Finance. Dr. PPTX Baylor College of Medicine - Kenyon College (1973-2018).B.B.A., Baylor U.; M.B.A.,ibid. John D. Martin, Ph.D., Professor of Finance, Insurance, and Real Estate. G.W.K. Your employer adopts an Emeriti Retiree Health Plan and ; Ph.D., U. of Minnesota. Plan to save at least enough to cover the essential and inevitable expenses, like healthcare, long after you retire. There are often lots of complex rules and regulations, and it can be hard to figure out what plans & benefits youre eligible for or which investments are available to you. Mary L. Herrington, Ed.D., Associate Professor of Curriculum and Instruction. TIAA-CREF Individual & Institutional Services, LLC, Member FINRA, distributes securities products. This will be identified as "TIAA Plan Servicing Credit" on your statements. The following three categories of services are provided to your plan: 1. Baylor College of Medicine Requirements, Tuition, and More (1981-2000)B.S., U.S. Military Academy, West Point; M.S., Rensselaer Polytechnic Institute; Ph.D., Arizona State U. Steven R. Eisenbarth, Ph.D., Professor of Electrical and Computer Engineering. ; Ed.D.,ibid. (1984-1996)B.A., Baylor U.; M.A., U. of Illinois; Ph.D., U. of Colorado. (1980-2003)B.A., Case Western Reserve U.; M.L.S., U. of North Texas; Ph.D., U. of North Texas. (1978-2020)B.S., Denison U.; M.S., Baylor U.; Ph.D., Southern Methodist U. William L. Pitts, Jr., Ph.D., Professor of Religion. The campus, targeted for a 2023 . Buford Randall Jean, Ph.D., Professor of Electrical and Computer Engineering. Interests in the retirement healthcare program are offered solely by the employer. Krassimira Jordan, Professor of Piano (1989-2021)Diploma, Sofia Conservatory of Music; M.M.A., Vienna Academy of Music and Dramatic Arts. (1954-1993)B.S., U. of Texas; M.Ed.,ibid. Think about using the Retirement Advisor ToolOpens in a new window to get more insights or call one of our experienced financial consultants to discuss more options at 800-842-2252. Norman L. Gilchrest, Ed.D., Professor Health, Human Performance and Recreation. Howard L. Rolf, Ph.D., Professor of Mathematics. David L. Jeffrey, Ph.D., Distinguished Professor of Literature and the Humanities. (1982-2006)B.A., Michigan State U.; J.D., U. of Virginia. (2004-2020)B.A., Kent State U.; M.Div. ; Ph.D.,ibid. Medicare Part B premiums . 2021 Teachers Insurance and Annuity Association of America-College Retirement Equities Fund, 730 Third Avenue, New York, NY 10017. The amount you withdraw will reduce your lifetime annuity income accordingly. ; Ph.D., Vanderbilt U. Dorothy W. McAlister, Ph.D., Professor of Family and Consumer Sciences. (1984-2018).B.A., U. of California, San Diego; M.Div. How to Get Into the Baylor College of Medicine: Requirements and First, think about how far off retirement is. (1962-2000)B.S., Baylor U.; M.S.,ibid. Learn ways to save and invest to help you prepare for your retirement. Sharp, Ph.D., Professor of Curriculum and Instruction. PPTX Baylor College of Medicine - Kenyon College (1973-2008)B.S., Oklahoma Christian U. of Science and Arts; M.A., North Texas State U.; Ph.D., U. of Missouri. Protecting your retirement savings through guaranteed annuities. S. Kay Toombs, Ph.D., Associate Professor of Philosophy. (1969-1996)B.M.E., Madison College; M.M., Baylor U.; Ph.D., U. of Texas. (1960-1961, 1968-2014)B.A., Baylor U.; M.A.,ibid. (2001-2002, 2002-2020)B.S., Baylor U.; J.D., ibid. Over the course of your career, that's how much it may take to potentially generate the income you need for retirement. When we turn 65, theres an 80% probability that well live to 80, and a 27% chance well reach 95.*. 1329 S. 7th Street If you have investments that revenue share, you'll receive a credit based on your average daily balance. may. Before investing, consider the investment objectives, risks, charges, and expenses of the fund or annuity and its investment options. (1980-2020)B.A., U. of Houston; M.A., ibid. (1961-2011)B.A., Baylor U.; M.A.,ibid. ; Ph.D., Texas A&M U. Gary Hardie, Professor of Cello and Coordinator of Strings (1981-2021)B.S., Duke U.; M.F.A., California Institute of the Arts; D.M.A., U. of Iowa. You can also contact us online. ; Ph.D., U. of California at Irvine. Baylor University | A Nationally Ranked - Department of Biology Resources. Each of the foregoing is solely responsible for its own financial condition and contractual obligations. However, payments from CREF and TIAA variable annuities are not guaranteed and the payment amounts will rise or fall depending on investment returns. Your contributions will be automatically invested in the State Street Target Retirement Funds Class K with Fidelity unless you choose another investment at Fidelity or TIAA. Owning mutual funds can reduce risk through diversification and professional management, and allow you to potentially invest in a broad range of asset classes U.S. and non-U.S. stocks, bonds, and real estate with smaller amounts of assets. Roger E. Kirk, Ph.D., Distinguished Professor of Psychology and Statistics and Master Teacher. 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. Some of these expenses are fixed and other expenses may vary from year to year. (1978-2011)B.S., U. of Texas; M.A.,ibid. Password: Use 6 to 20 letters, numbers and/or special characters, Baylor College of Medicine 403(b) Tax Deferred Investment Plan, Baylor College of Medicine 401(a) Retirement Plan, Enrolling is fast and easy: Simply select. Charlene S. Budd, Ph.D., Professor of Accounting. (1986-2011)B.S., Texas Woman's U.; M.Ed., Sam Houston State U.; Ph.D., Texas Woman's U. Charles S. Madden, Ph.D., Professor of Marketing. (1986-2009)A.B., Wabash College; M.S., U. of Notre Dame; Ph.D.,ibid. ; Ph.D., Texas A&M U. Michael D. Morrison, J.D., Professor and The Jo Murphy Chair International Education and the William J. Boswell Professor of Law. ; Ph.D.,ibid. Stuart Rosenbaum, Ph.D., Professor of Philosophy. Each year UTHealth, The University of Texas MD Anderson Cancer Center, University of Houston - College of Medicine, UTMB-Galveston, and Baylor College of Medicine holds a one-day symposium. Personalized services provide access to a number of plan features and investments that you pay for, only if you use them. (1973-2005)B.B.A., Baylor U.; M.B.A.,ibid. ; Ph.D., Emory U. Robert S. Baldridge, Ph.D., Professor of Biology. (BCM Login Required). Review your Welcome Kit carefully to verify the information is correct, including investments and beneficiary information. The Bernard and Anne Spitzer School of Architecture CUNY School of Medicine Colin Powell School for Civic and Global Leadership School of Education The Grove School of Engineering . Bob E. Patterson, Ph.D., Distinguished Professor of Religion. After enrolling, you'll receive a TIAA Welcome Kit and a Legal Package including your contract and contract number. (1975-2017)B.F.A., U. of Kansas; M.F.A., Indiana U. Robert B. Kruschwitz, Ph.D., Professor of Philosophy. (1990)B.S., Abilene Christian U.; M.B.A., U. of Texas; Ph.D.,ibid. No, there is no tax advantage to owning variable annuities or mutual funds in your TIAA-funded retirement plan. This Plan allows employees to contribute pre-tax contributions through payroll deductions. (1995)B.S., Wayland Baptist U.; M.Ed., Texas Tech U.; Ed.D., U. of Colorado. ; Ph.D., Texas Tech U. Philip A. Martin, M.A., Associate Professor of German. Family Medicine Physician (Assistant Professor) - Gulfgate Clinic For more information about the terms of your individual contract, contact your plan sponsor or financial advisor. Studying biology at Baylor is a journey that will give you a new perspective on the world. This will help guide which investments you choose. Karl A. Umlauf, M.F.A., Professor of Art and Artist in Residence. Wallace L. Daniel, Jr., Ph.D., The Ralph L. and Bessie Mae Lynn Professor of History. (1982-2018)B.S., Baylor U.; M.S., ibid. (1975-2018)B.A., Baylor U.; M.Div., Vanderbilt Divinity School; Ph.D., Vanderbilt U. Robert Piziak, Ph.D., Professor of Mathematics. Member FDIC. Faculty who reached the rank of Professor or Associate Professor before retirement, had twenty or more years of full-time college or university-level service (at least the last ten as a faculty member at Baylor), and had an established record of distinction as a teacher/scholar in service to Baylor University. David. 15% increase in Pre-65 dependent coverage . (1963-1999)B.A., Sul Ross State College; M.A., Columbia U.; M.F.A., U. of Texas. Institute for Clinical & Translational Research, Feedback - Meeting the Obligation to Our Learners, Compact Between Teachers, Learners, and Educational Staff, Office of Title IX and Gender Discrimination, Comprehensive Academic Management System (CAMS), Faculty Performance Assessment and Development Planning, National Council for State Authorization Reciprocity Agreements, Coach Training for Healthcare Leaders Program. (1958-2019)B.S., Ohio State U.; M.A.,ibid. Wood, Ph.D., Professor of Religion. 3. (1972-2018)B.M., Florida State U.; M.M.E., George Peabody College; D.M, Florida State U. Dovalee Dorsett, Ph.D., Professor of Statistics and Quantitative Business Analysis. ; Ph.D., U. of Illinois. Janelle Walter, Ph.D., Professor of Family and Consumer Sciences. Donald L. Gaitros, Ph.D., Professor of Computer Science. Martha L. Sanford, Ph.D., Associate Professor of Nursing. Mary A. Booras, M.A., Associate Professor of Speech Communication. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Any guarantees under annuities issued by TIAA are subject to TIAA's claims-paying ability. Substance Abuse View All Clinical Trials General Inquiries Call today to schedule an appointment or fill out an online request form. Director of Neurovascular Surgery, Westchester Medical Center. Southwestern Baptist Theological Seminary; Ph.D., Baylor U. Weldon E. Beckner, Ed.D., Professor of Educational Leadership. Patricia W. Prewitt, Ph.D., Professor of Educational Psychology. Strategic Plan 2024-2028; Strategic Plan 2012-2017; Strategic Plan 2006-2011; Informatics and Information Technology Strategic Roadmap; . What are the benefits of owning mutual funds? A set amount your beneficiary(ies) will receive from your retirement account if you die before taking income. ; Ph.D.,ibid. Your RMD Applicable Age was 70 if you were born before 7/1/49; 72 if you were born on or after 7/1/49 or in 1950; 73 if you were born between 1951 and 1958; 75 if you were born in 1960 or later. (1990-2005)B.S., Northwestern State U., of Louisiana; M.S.N.,ibid. ; Ph.D., U. of Texas. The TIAA group of companies does not provide legal or tax advice. Non-tenured faculty members at the rank of professor (non-tenured), associate professor (non-tenure track), voluntary clinical professor, and voluntary clinical associate professor with at least 10 years of exemplary service to the College may be eligible for an Emeritus appointment upon retirement and upon recommendation of the head of the Academic Unit in which the candidate has his or her primary appointment and formal action of the Faculty Appointments and Promotions Committee, the Academic Council, the president, and the Board of Trustees. (1971-2001)B.A., Howard Payne College; M.A., U. of Oklahoma; Ph.D.,ibid. (1980-2008)B.S., Virginia Polytechnic Institute and State U.; M.S.,ibid. Mutual funds offer diversification, professional management, relatively low investment minimums and fees, and a range of choices among different asset classes. You can receive the current interest earned on your TIAA Traditional Account in monthly payments. I have a form requiring notarization. Pittsburgh Theological Seminary; Ph.D., Ohio U. Charles J. Delaney, Associate Professor of Finance, Insurance, and Real Estate. What are the benefits of owning mutual funds? (1996-2012)B.A., Samford U.; B.D., Southern Baptist Theological Seminary; Ph.D., Vanderbilt U. John F. Tanner, Ph.D., Professor of Marketing. (1968-2000)B.M., Morningside College Conservatory of Music; M.M., Indiana U.; D.M.A., U. of Arizona. (2003-2018)B.S., Texas A&M U.; M.S.,ibid. The providers above are independent entities and are not legally affiliated. If you are an eligible classification, you automatically become a participant in the Plan when you reach age 18 and have completed 1 hour . ; M.F.A., Cranbrook Academy of Art. (1978-2018)B.S., Louisiana State U.; J.D., ibid; M.S., ibid. Paul A. McCoy, M.F.A., Professor of Art, Ceramist-in-Residence and Director of The Allbritton Art Institute. (1974-1997)B.A., Biola College; B.D., California Baptist Theological Seminary; M.A., U. of Southern California; Ph.D.,ibid. (1973-2009)B.A., Southern Methodist U.; M.A., U. of Texas; Ph.D.,ibid. ; Ph.D., U. of Michigan. Fees should be just one factor in your decision-making process since the lowest cost option may not be the best one for you. A tax-free way to pay for other qualified out-of-pocket medical expenses - the Emeriti Reimbursement Benefit. Donald L. Hardcastle, Ph.D., Professor of Physics. ; D.M., Florida State U. Robert W. Vargas, Ph.D., Professor of Computer Science. Faculty who reached the rank of Professor or Associate Professor before retirement, had twenty or more years of full-time college or university-level service (at least the last ten as a faculty member at Baylor), and had an established record of distinction as a teacher/scholar in service to Baylor University. This material does not take into account any specific objectives or circumstances of any particular investor, or suggest any specific course of action. If you currently use your SSN to log in, you may want to create a unique username instead, for added security. ; Ph.D., Kent State U. Rufus B. Spain, Ph.D., Professor of History. (1969-2011)B.A., New Mexico State U.; M.M., U. of North Texas; D.M.A.,ibid. How do I find an online Notary? (1963-1995)B.A., Cornell U.; M.S.,ibid. (1983-2003)B.S., Eastern New Mexico U.; M.S.,ibid. (1981-1997)B.A., Baylor U.; M.A., Southern Methodist U.; Ph.D., Texas Womans U. Phyllis S. Karns, Ph.D., Professor of Nursing. M. Michael Umble, Ph.D., Professor of Management. (1967-2017)B.A., U. of North Texas; M.S.,ibid. For employer-sponsored retirement plans, your required beginning date is April 1 of the year following the calendar year in which you reach your RMD Applicable Age or retire from the plan sponsor, if later. Joseph F. Vlez, Ph.D., Professor of Spanish. Randal L. Vaughn, Ph.D., Professor of Information Systems. Patricia A. Hickey, Ph.D., Associate Professor of Mathematics. Judith R. Lusk, Ph.D., Professor of Family and Consumer Sciences. I have a form requiring notarization. Associate Professor of Otolaryngology, New York Medical College. Username: Your username (up to 15 characters) can be a customer ID that you've chosen or your Social Security number (SSN). Its California Certificate of Authority number is 3092. Gerald R. Powell, J.D., Professor and the Abner V. McCall Professor of Evidence. Schedule now . Both options receive favorable tax treatment under the plan. If your plan permits, you can withdraw some of the money you've put in over the years (but not earnings) due to financial hardship, such as medical or funeral expenses, while still employed. (1972-2000)B.A., Occidental College; M.A., Florida State U.; Ph.D.,ibid. Provides routine updates and reporting to the Senior Associate for Research Compliance - RCOI to ensure timely communication regarding the status . Martha J. Bradshaw, Ph.D., Professor at Louise Herrington School of Nursing. I'm passionate about genetics, data science, and technology. ; M.Div., Pittsburgh Theological Seminary; Ph.D., Southern Baptist Theological Seminary. Is there a tax advantage to owning variable annuities versus mutual funds? (1985-2005)B.B.A., U. of Texas; M.B.A., U. of North Texas; Ph.D., U. of Arkansas, Fayetteville. General administrative services include recordkeeping, legal, accounting, consulting, investment advisory and other plan administration services. The full name of Emeriti Retirement Health Solutions is The Emeriti Consortium for Retirement Health Solutions, an Illinois Nonprofit Corporation. Interests in the retirement healthcare program are offered solely by the employer. You can withdraw all or part of your account in a single cash payment, depending on your plan rules and the terms of your contracts. (1964-1966; 1969-4985)B.A., San Bernardino State College; B.S., U. of California at Los Angeles; M.S.,ibid. Faculty Emeriti | New York Medical College L. Joseph Achor, Ph.D., Associate Professor of Psychology and Neuroscience. (1986-2000)B.A., Baylor U.; J.D.,ibid. ; Ph.D.,ibid. TIAA-CREF Individual & Institutional Services, LLC serves as a broker-dealer with respect to underlying mutual funds only, and does not offer, market or sell interests in such plans or otherwise provide broker-dealer services with respect to the interests in such plans. The following documents are required from the Academic Unit for appointment to this rank: 1. Check your investment mix. Annuity contracts and certificates are issued by Teachers Insurance and Annuity Association of America (TIAA) and College Retirement Equities Fund (CREF), New York, NY. Schedule time with a financial professional to get help with your financial goals. (1965-1969, 1980- 1996)B.S., U. of Mary Hardin-Baylor; M.S., Texas Womans U.; Ph.D.,ibid. There are a number of important differences between mutual funds and annuities when they are offered under a retirement plan. (1979-1999)B.S. ibid. (1981-2018)B.A., Baylor U.; B.D., Southern Baptist Theological Seminary; Ph.D.,ibid. Jane Abbott-Kirk, M.M., Associate Professor of Keyboard Studies. The personalized services used most often are: In addition, for more information on fees and investments, refer to "Mutual Funds and In-Plan Annuities" via TIAA.org/performanceOpens in a new window which is a good source for additional plan and investment-related information. (1975-1991)B.S., Baylor U.; M.S., Texas Woman's U.; Ph.D.,ibid. However, diversification doesn't guarantee against loss. Clement T. Goode, Ph.D., Professor of English. Payments stop at the end of the period, during which you will have received all your principal and earnings. Annuity contracts and certificates are issued by Teachers Insurance and Annuity Association of America (TIAA) and College Retirement Equities Fund (CREF), New York, NY.