Supplemental Retirement Accounts

All employees (contractual and regular) are eligible to participate in any of the Supplemental Retirement Accounts (SRA) available through the University of Maryland.

NEW! USM Retirement@Work Portal

UMD employees now have access to USM Retirement@Work®, a new retirement portal that will allow you to make changes to your account(s) online in real time. You will no longer need to use paper forms to enroll in or make changes to your Fidelity or TIAA Supplemental Retirement Account(s)!

Retirement@Work Portal

Step 1: Compare Your Options

Pre-Tax Plans After-Tax (ROTH) Plans

Step 2: Enroll or Make Changes

TIAA (457b / 403b): Information | Enroll or Make Changes Online

Fidelity (457b / 403b): Information | Enroll or Make Changes Online

MSRP/Nationwide (401k / 457b / 403b): Enroll or Make Changes Online

Higher Education Student Loan Annual Election Form

Tools & Resources

Do you want to know how this SRA enrollment will affect your paycheck? Here is a Net Pay Calculator to assist you.

Please note:

Benefits Counselors cannot provide financial advice.
Contributions to SRA accounts must be monitored by the employee to ensure the current year IRS limit is not exceeded.

Supplemental Retirement Account (401(k) or 403(b)) deferral limits for calendar year 2024.

Age	Contribution Limit
49 and under	$23,000
50 and above	$30,500

2025 Contribution Limits

Supplemental Retirement Account (401(k) or 403(b)) deferral limits for calendar year 2025.

Age	Contribution Limit
49 and under	$23,500
50 and over	$31,000

Contributions up to these maximums can also be made to a 457(b) plan. Central Payroll limits your contributions to a maximum of 80% of your gross earnings each pay period.

Special Note: Under a change made in SECURE 2.0, a higher catch-up contribution limit applies for employees aged 60, 61, 62 and 63 who participate in these plans. For 2025, this higher catch-up contribution limit is $11,250 instead of $7,500. (see IRS publication) Contact your financial advisor for more information.