{"id":4400,"date":"2015-09-25T11:47:03","date_gmt":"2015-09-25T15:47:03","guid":{"rendered":"https:\/\/www.bu.edu\/hr\/?page_id=4400"},"modified":"2026-01-13T15:28:09","modified_gmt":"2026-01-13T20:28:09","slug":"457b-enrolling-or-making-changes","status":"publish","type":"page","link":"https:\/\/www.bu.edu\/hr\/finances\/457b-savings-plan\/457b-enrolling-or-making-changes\/","title":{"rendered":"Enrolling or Making Changes"},"content":{"rendered":"

Eligible faculty and staff will are able to enroll in the 457(b) Savings Plan and make their elections. Here\u2019s how:<\/p>\n

    \n
  1. To enroll in the Plan, log on to Fidelity NetBenefits<\/a>\u00ae. If you do not have a NetBenefits username and password, click on \u201cRegister\u201d at the top of the page and then follow the prompts to create one.<\/li>\n
  2. Choose \u201cBU 457B PLAN\u201d from the home page.<\/li>\n
  3. Next select the \u201cContributions\u201d Tab.<\/li>\n
  4. On the next page select the \u201cDeferral Election\u201d link.<\/li>\n
  5. On the Deferral Election page, you will be able to enter a semi-monthly dollar amount to contribute to the Plan. Follow the instructions to confirm your contribution. The minimum election is $100 per month with a maximum election of $24,500 per month. Elections can be made in $1.00 increments.<\/li>\n
  6. Once you have completed your deferral election, choose the link \u201cView and update your investment elections\u201d in the \u201cNext Steps\u201d box at the bottom of the page.<\/li>\n
  7. On the Investment Elections page, follow the instructions to select your investments.<\/li>\n<\/ol>\n

    After you have enrolled, your 457(b) Savings Plan contribution will become effective on the first of the month following your enrollment.<\/p>\n

    Changes to Your Contributions<\/h4>\n
      \n
    • You may increase, decrease, or stop your 457(b) Savings Plan contribution at any time during the year, with your new election taking effect in the month following your new election.<\/li>\n<\/ul>\n

      You may change your investment mix for your 457(b) Savings Plan at any time.<\/p>\n

      If you have any questions or need assistance with enrollment in the plan, contact Fidelity at 1-800-343-0860.<\/p>\n","protected":false},"excerpt":{"rendered":"

      Eligible faculty and staff will are able to enroll in the 457(b) Savings Plan and make their elections. Here\u2019s how: To enroll in the Plan, log on to Fidelity NetBenefits\u00ae. If you do not have a NetBenefits username and password, click on \u201cRegister\u201d at the top of the page and then follow the prompts to […]<\/p>\n","protected":false},"author":1379,"featured_media":0,"parent":4397,"menu_order":2,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"_links":{"self":[{"href":"https:\/\/www.bu.edu\/hr\/wp-json\/wp\/v2\/pages\/4400"}],"collection":[{"href":"https:\/\/www.bu.edu\/hr\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.bu.edu\/hr\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/hr\/wp-json\/wp\/v2\/users\/1379"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/hr\/wp-json\/wp\/v2\/comments?post=4400"}],"version-history":[{"count":19,"href":"https:\/\/www.bu.edu\/hr\/wp-json\/wp\/v2\/pages\/4400\/revisions"}],"predecessor-version":[{"id":25235,"href":"https:\/\/www.bu.edu\/hr\/wp-json\/wp\/v2\/pages\/4400\/revisions\/25235"}],"up":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/hr\/wp-json\/wp\/v2\/pages\/4397"}],"wp:attachment":[{"href":"https:\/\/www.bu.edu\/hr\/wp-json\/wp\/v2\/media?parent=4400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}