Emergency BU Alert Boston University’s Charles River Campus will be closed Wednesday, January 28th for the entire day. All academic and administrative activities (e.g. classes, seminars and meetings) are cancelled, however certain essential student services will be operational. Please go to http://www.bu.edu/today for detailed information. When classes resume on Thursday, they will follow the regular class schedule. Whether or how classes are to be made up is at the discretion of individual faculty members. For detailed information about the Boston University Medical campus, please go to http://www.bu.edu/ehs/comm Please note: Employees in essential services must report as scheduled. Essential services include, but are not limited to, University Police, Facilities Management and Planning, Environmental Health & Safety, University Dining Services, Mail Services, Student Health Services and Network Services. For the very latest information, please go to http://www.bu.edu/today

Supplemental Retirement & Savings Plan

In addition to the Boston University Retirement Plan, you may also accumulate funds for your future retirement or other financial needs through the Boston University Supplemental Retirement & Savings Plan. Your contributions to the plan are made through payroll deduction and may be invested with one of the following investment account administrators: Teachers Insurance and Annuity Association (TIAA), the College Retirement Equities Fund (CREF), or  the mutual funds administered through Fidelity Investments (Fidelity).

The contributions you make to the plan may at your election be used to increase the retirement income you receive under the University’s Retirement Plan and will add to the financial security you can build with Social Security and your personal assets.

You have the choice to pay no income tax on the money you contribute to the plan until withdrawal. In addition, investment earnings accumulate tax-free until withdrawal. Alternatively, your contributions to the plan may be made as Roth contributions on an after-tax basis to Fidelity Investments only. If you make Roth contributions, your investment earnings will accumulate tax-free and will be considered tax-free at the time of withdrawal as long as your withdrawal is qualified.

If you wish, you can view and print a copy of the entire Supplemental Retirement & Savings Plan description To see how certain life events may affect your Supplemental Retirement & Savings Plan benefits, visit Changes in Your Work & Family.