September 2020

Harvard completes the consolidation of retirement plans onto one recordkeeping platform with TIAA

We are pleased to share with you that Harvard University’s retirement plans are now administered on one platform by TIAA. All plan participants are fully transitioned to accounts with TIAA.

What this means to you
It is now easier to access and manage all of your retirement plan account information and investment choices through TIAA.... Read more about Harvard completes the consolidation of retirement plans onto one recordkeeping platform with TIAA

Harvard Will Not Participate in the Employee Payroll Tax Deferral

Harvard has decided not to participate, at this time, in the optional deferral of employee payroll tax allowed by a federal executive memorandum last month. The executive memorandum allows employers to choose to temporarily stop withholding payroll taxes for certain employees from September through December of 2020; employees would have to pay back these deferred taxes through increased tax withholding in 2021.... Read more about Harvard Will Not Participate in the Employee Payroll Tax Deferral