university of michigan retirement fiduciary plan guidance
401(a) basic retirement plan
403(b) base plan
403(b) supplemental retirement plan
457(b) deferred compensation plan
The University of Michigan Retirement Plan system is a model plan for retirement savers.
You may be familiar with some of the below features of your retirement plan, however, we have found that most eligible employees may not know all of the benefits available to them:
- Fantastic Match. The university provides a 2:1 match on the first 4.5 or 5% of 403(b) contributions.
- Ability to save to multiple plans. Participants can save beyond the normal retirement plan to the 457(b) plan, as well as to multiple providers in TIAA and Fidelity.
- Thousands of Investment Options. In addition to the options available in the normal plan, you also have access to a self-directed brokerage account option which expands upon the traditional list of funds.
- Work with an Independent Advisor. Both the Fidelity and TIAA plans allow for participants to work directly with independent financial advisors. Pathworks Financial can assist in designing and implementing a plan.
As a Fee-Only fiduciary, Pathworks Financial can help you maximize your retirement options, as well as plan for the other goals you have.
U of M Benefit Links
UofM Benefits and Wellness
TIAA Website
Fidelity Website
Pathworks Financial - Advisor to Individuals on all University of Michigan Retirement Plans
About Pathworks
Pathworks Financial is an independent, fee-only registered investment advisor and fiduciary offering services directly to employees of the University of Michigan. Clear Financial Advisors is not affiliated with the University of Michigan, Fidelity Investments, or TIAA.
Our Services
- Fee-Only Financial Planning, Retirement Planning, and Wealth Management Services
- Estate, Tax and Protection Planning
- Investment Advisory services including UofM 403(b), 401(a), and 457(b) Plans
how we help
1Fee-Only, Fiduciary Advice
As an independent fiduciary we work only on our clients’ behalf. Pathworks Financial is a nationally recognized expert in financial planning, retirement strategies, and investing.
2Holistic Wealth Management
Wealth management is about more than managing investments. We work with clients to protect our plans against risk, and minimize the impact of taxes, both today and in the future.
3Evidence-Based Investing
Like the discipline you teach, what we do is based upon the scientific method and evidence. Our plans seek to maximize return for a desired amount of risk. We diversify broadly into to plan for any economy.
- Let Us Lead You to Financial Success!See our websites for more information on our financial planning, wealth management, and investment advisory services.
Investment Advisory Services offered through Pathworks Financial, Inc - A SEC Registered Investment Advisor
Privacy Policy Social Media Disclosure PW Form CRS PW Brochure PW Wrap Fee Brochure Business Continuity Plan Terms of Use