DePaul University Newsline > Sections > Faculty and Staff: HR News > What you need to know about DePaul's 403(b) plan transition in July
By Office of Human Resources /
May 5, 2021 /
Posted in: FACULTY AND STAFF: HR NEWS /
As was shared previously, effective July 21, 2021, Fidelity will become the single service provider for receiving contributions and providing plan services for DePaul's 403(b) Retirement Plan.
This transition to a more focused approach for the administration of DePaul's 403(b) plan enables the university to pursue its goal of helping faculty and staff achieve a successful retirement.
To prepare for this transition, a “blackout period" for certain account activities will begin on July 16. Therefore, any action that you plan to take should be done before July 16.
What you need to do
All plan participants will receive information by mail in mid-May with details about how this change may affect you.
How you can learn more
All plan participants are encouraged to learn more about this change and take any steps necessary to support their individual retirement goals.