Emeriti Health Account
The Emeriti Health Account, which is administered by TIAA-CREF, offers a tax advantaged way to accumulate assets to pay for health insurance premiums and other health care expenses for you and eligible family members after you retire.
If you are a full time employee age 40 or older, you will be automatically enrolled in an Emeriti Health Account and you will contribute $63.26 per month via pre-tax payroll deductions. SMU will also make a $63.26 monthly contribution to your account, for up to 25 years. Your contributions vest immediately and SMU’s contributions vest after seven years. It is important that you contact TIAA-CREF to make your investment selections and provide dependent information.
Your contributions, as well as SMU's contributions to your account, will increase periodically.
For more information visit the Retirement Plans section page of the Benefits U website. You will find a link in the Helpful Links section.