Supplemental Retirement Plans
LSU offers multiple options to help employees save for the future. The supplemental retirement program includes 403(b), Roth 403(b), 457(b) and Roth 457(b). Employees may make contributions on an after-tax basis under the Roth plans, on a pre-tax basis under the 403(b) and 457(b) plans, or a combination of the two. Please take a moment to review the benefits of a supplemental retirement account and which plan will best help you plan for retirement.
Enrolling and/or Inquiries
For employees who are interested in opening a 403 (b) Supplemental Retirement Account, please visit Retirement Manager. For a 457(b) supplemental retirement account, contact Reggie Wheeler at firstname.lastname@example.org, 225-663-5506 or complete the Participant Flyer and return to the listed address/email for more information.
Due to the devastating impact of Hurricane Harvey, you may experience issues registering a new account (new users) and accessing withdrawal certificates (existing users). Please contact our office at 225-578-8200, or email@example.com for assistance in enrolling, or accessing documents from the Retirement Manager site.
Retirement Manager is aware of this issue, and is working on a solution. We will discontinue this notice from our website once this issue has been resolved.
Retirement Manager allows employees participating in a 403(b), and Roth 403(b) access to their accounts in a convenient, secure, Web-base anytime and anywhere, 24 hours a day, seven days a week. Simply go to www.myretirementmanager.com/myrm/?lsubrpaid.
Application access includes:
- Learn more about your retirement savings plan(s)
- View aggregate balance information across all active, and legacy 403(b) investment providers
- Request a Distribution Eligibility Certificate for the following transactions:
- Hardship Withdrawal
- In-Service Exchange
- Read educational articles on a range of financial planning topics
- Calculate what you will need to stay on track for retirement with easy-to-use financial
We are pleased to announce, effective Monday, August 1, 2016, Retirement Manager will also include the following plan enhancements:
- Start or change contribution amounts
- Request a Distribution Eligibility Certificate for:
- Severance from Employment
In order to access the full-range of benefits offered through the Retirement Manager application on Monday, August 1, 2016, employees will be able to register here. Participants who are currently enrolled will be able to log in using their same username and password, previously used in Retirement Manager.
Effective Monday, August 1, 2016, the Retirement Manager Support line will be available to take calls from all Louisiana State University employees regardless of their investment provider selection. The support line is staffed with a dedicated group of Client Service Professionals that are available to provide guidance on the login process, general navigation questions, and how to use the enrollment and disbursement transaction screens. Please note that account specific questions related to a particular provider should still be addressed directly to the provider.
The participant support line is available Monday through Friday (excluding holidays) from 7:00AM to 6:00PM Central time.
Retirement Manager Support Line: 1-866-294-7950
|Annual Maximum Deferral Amount||$18,000|
|Annual Maximum Deferral Amount for participants age 50 and older||$24,000|
Maximum contributions to both a 403(b) and 457(b) account can be made at the same time.
Employees may switch supplemental retirement account vendors at any point during the year.
LSU cannot guarantee the success of the SRA products or the level of service and we urge you to fully review the product before you participate.