Department of Human Resource Services

Spring 2008 Financial Seminars

Brought to You by Iowa State University

Human Resource Services

TIAA-CREF Seminars

To reserve your seat at the TIAA-CREF seminar(s) given below and/or to schedule a counseling appointment, please visit the website at www.tiaa-cref.org/moc or call Carrie Hardisty at (515) 268-8601.

A New Way To Save For Retirement...

Introducing The Roth Option

Target Audience: All employees including C-based and D-based interested in after-tax savings that comes out at retirement tax-free.

Speaker: Jake Zehr, TIAA-CREF Consultant

Monday Feb. 26, 2008 12:00 p.m. - 1:00 p.m. Memorial Union, Pioneer Room

You now have more flexibility with your retirement savings. Find out if making Roth contributions to your 403(b) should be part of your retirement planning.

We'll discuss:

Features of the Roth Option for 403(b) plans
What is the Roth Option for 403(b) plans and how it can benefit you?
Are you eligible to make Roth contributions to your 403(b) plan?

Getting Started with TIAA-CREF

Target Audience: 1) Plan eligible prospects OR 2) Recent plan enrollees

Speaker: Jake Zehr, TIAA-CREF Consultant

Monday March 3, 2008 5:30 p.m. to 6:30 p.m. Memorial Union 3534

The objective of this presentation is to demonstrate the importance and advantages of early retirement planning as well as show why TIAA-CREF is the choice for financial services.

Meeting Financial Challenges in Mid-Career

Target audience: Participants age 45 to 55 with accumulations of $50,000 or more.

Speaker: Jake Zehr, TIAA-CREF Consultant

Wed. March 5, 2008 noon to 1:00 p.m. Memorial Union Room 3534

This program helps employees review and answer questions like:

"Am I saving enough for retirement?"
"How can I save more?"
"Am I investing to meet my goals?"
"Should I consider changing my investment mix."

Also discussed is the importance of organizing personal financial information, setting personal financial goals, and devising tolerable investing strategies to meet them.

A Woman's Money, A Woman's Future

Target audience: mid-career women, age 45 to 55 with accumulations of $50,000 & up but all women are invited.

Speaker: Paige Cook, TIAA-CREF Consultant

Wed. March 12, 2008 noon to 1:00 p.m. Memorial Union Room 3534

Thurs. March 13, 2008 5 p.m. to 6:00 p.m. Memorial Union Room 3534

Reviews key considerations in managing one's finances while incorporating aspects of each area that women in particular should keep in mind.

Key topics include:

Unique challenges faced by women
Evaluating financial health
Financial goal setting
Financial planning basics

Your Retirement Income Options

Target audience: Pre-retirees age 45 to 65, with accumulations of $50,000 or more

Speaker: Jake Zehr, TIAA-CREF Consultant

Wed. April 9, 2008 noon to 1:00 p.m. Memorial Union Room 3534

Wed. April 9, 2008 5:30 p.m. to 6:30 p.m. Memorial Union Room 3534

This presentation provides a comprehensive discussion of all of TIAA-CREF's income options. Best for those who are 12 months or less from retirement.

Topics include: Overview of retirement income and expenses as well as threats to retirement cash flow.

Getting Ready for Retirement

Target audience: Pre-retirees age 55 to 65 with accumulations of $50,000 or more.

Speaker: Paige Cook, TIAA-CREF Consultant

Monday April 14, 2008 noon to 1:00 p.m. Memorial Union Room 3534

This program follows TIAA-CREF's Retirement Decisions Guidance philosophy and method, which fairly clearly demonstrate TIAA-CREF’s retirement income flexibilities. The program helps clarify how the most suitable income option(s) should be based on participant needs.

Key topics include:

Estimating retirement income and expenses
Identifying savings gaps
Circumstances that impact retirement
Income options

To reserve your seat at the TIAA-CREF seminar(s) listed above and/or to schedule a counseling appointment, please visit the website at www.tiaa-cref.org/moc or

call Carrie Hardisty at (515) 268-8601.

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Iowa State University Long Term Care Insurance Plan underwritten by John Hancock Life Insurance Co.

If you or eligible family members have questions about Long Term Care Insurance and whether this plan might be right for you, two on line presentations and 6 seminars will be offered over a two day period with time between presentations for personal questions.

Long Term Care Insurance On line Presentations

Monday March 24, 2008 noon to 1:00 p.m.

http://connect.extension.iastate.edu/ltc1/

Tuesday March 25, 2008 1:00 p.m. to 2:00 p.m.

http://connect.extension.iastate.edu/ltc2/

At that website, you will find a login screen. Click "Click to enter" under the "Enter as a guest" heading. Then enter a name (everyone watching on line can see the names of all other watchers) and click "enter". You hear the audio over your computer speakers so make sure they are activated and the volume is turned up. You will see a box "chat pod" where you can enter questions. Everyone watching online will see your question and it will be addressed by the speaker.

Long Term Care Insurance Seminars

No pre-registration required.

Monday March 24, 2008 Pioneer Room Memorial Union

2:00 p.m. – 3:30 p.m.

4:00 p.m. – 5:30 p.m.

6:00 p.m. – 7:30 p.m.

Tuesday March 25, 2008 Pioneer Room Memorial Union

8:00 a.m. – 9:30 a.m.

10:00 a.m. – 11:30 a.m.

4:30 p.m. – 6:00 p.m.

Or stop in between presentations either day to ask your personal questions

People buy long-term care insurance for many reasons. Some don't want to use their own assets to buy long-term care. Some buy insurance to make sure they can choose the type of care they get. Others don't want their family to have to pay for care and don't want to go on Medicaid. If you or eligible family members have questions about Long Term Care Insurance and whether this plan might be right for you, this presentation on the Iowa State University Long-Term Care Insurance Plan by John Hancock will answer your questions.

Iowa State University has partnered with John Hancock Life Insurance Co. to offer Long Term Care Insurance to Iowa State employees and their spouses/domestic partners and extended family. Who can apply?

All actively-at-work Iowa State University, Iowa Braille and Sight Saving School, Iowa School for the Deaf, and the Iowa Board of Regents employees on U.S. payroll (Institutional Officials, Faculty, Professional and Scientific Staff, Supervisory and Non-Supervisory Merit, Affiliate and Post Doctoral Students), working at least 20 hours per week and appointed for 9 months or longer.
Retirees
Spouses/qualified domestic partners of eligible employees and retirees
Parents and parents-in-law of eligible employees and retirees
Grandparents and grandparents-in-law of eligible employees
Adult children of eligible employees and retirees and of their spouses/qualified domestic partners. Also includes spouses of eligible adult children.
Siblings of eligible employees and retirees and of their spouses/qualified domestic partners. Also includes spouses of eligible siblings.

Eligible family members may apply whether or not the active employee or retiree applies.

Understanding Social Security Benefits

Speaker: Elizabeth Gildae, manager, Ames Social Security Office

Wed. April 2, 2008 noon to 1:00 p.m. 3150 Beardshear Hall

MAXIMUM ENROLLMENT: 12 (Seating available only for those who pre-register)

Wed. April 2, 2008 5:30 p.m. - 7:00 p.m. Pioneer Room, Memorial Union

Maximum Enrollment: 60

Enroll for the Social Security Seminars on Access Plus

Don't wait until you are planning retirement to learn about Social Security. This seminar, valuable to employees of all ages, will answer a full range of questions regarding Social Security including wage tests, when to begin your Social Security benefits, beginning Social Security when on Phased Retirement, changing over from disability to full Social Security benefits, spousal benefits, the application process, and how one signs up for Medicare (even if still working).

Also included will be information about the future proposals for the Social Security program. There will be time available to answer your questions

THE NOON Social Security Seminar WILL BE AVAILABLE LIVE ON LINE!! Go to http://connect.extension.iastate.edu/socialsecurity08/

ISU Retirement Benefits and Retirement Programs

Speakers:

Jane Walter & Jerilyn Rasmusson, ISU Benefit Specialists

Ann Doty, ISU Retirement Specialist:

Faculty P&S, Supervisory Merit, only.

Monday, April, April 7, 2008

7:15 p. m. - 8:45 p.m., Pioneer Room, Memorial Union

MERIT only (Non Supervisory Merit - See above)

Monday, April 7, 2008

5:30 p.m. - 7:00 p.m., Pioneer Room, Memorial Union

This seminar is for all staff and their spouses/partners who are considering retirement within the next 3 years. Jane & Jerilyn will detail: ISU's medical and dental policies and costs prior to age 65, and those after coverage by Medicare; medical insurance costs and other benefits received during or at the time of retirement, including sick leave and vacation payout; changeover of the life insurance policy, and what happens to disability when you declare retirement. Ann will cover current university retirement programs, including Phased Retirement, the cash policy, general guidelines and timelines for planning retirement and step-by-step retirement procedures, including those you may need to consider six, two, and one month prior to retirement.

For current employees, please signup for the Social Security and ISU Retirement Benefits seminars using AccessPlus. For Instructions on how to use AccessPlus please visit on the following website http://www.hrs.iastate.edu/training/Access_Directions.shtml

“Iowa State University does not discriminate on the basis of race, color, age, religion, national origin, sexual orientation, gender identity, sex, marital status, disability, or status as a U.S. veteran. Inquiries can be directed to the Director of Equal Opportunity and Diversity, 3210 Beardshear Hall, (515) 294-7612.”

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Watch TIAA-CREF Seminars on the Web 24/7

Click on:

http://www.tiaa-cref.org/support/learningcenter/saving-for-retirement/index.html

Go to left side of page and click on

“Watch TIAA-CREF financial education web seminars”

Available seminars:

Just Starting Out? New to TIAA-CREF or New to Investing?

Designed for the new TIAA-CREF participant, this seminar will help individuals learn about:

- The benefits of tax deferral,

- The power of compounding interest, and

- The advantage that a company match provides.

- This web seminar also offers an overview of TIAA-CREF’s products and describes how TIAA-CREF services can help the viewer.

Investment Check Up

Designed for the beginning to intermediate investor, this Web Seminar focuses on:

- Budgeting issues,

- Investment basics, and

- The importance of asset allocation in meeting financial goals.

Are You on Target? On Track to Meet Your Financial Goals?

Approcirate for mid-career investors, this Web Seminar focuses on the fact that is never too late to save more. Topics include:

- How to determine your retirement savings gap,

- Budgeting,

- Estate planning, and

- The importance of reviewing asset allocations.

A Tax Smart Way to Save for Retirement, Easy and Affordable Ways to Build Additional Assets

Designed for the new TIAA-CREF participant and the early to mid-career investor, the Web Seminar provides an overview of tax-deferred annuities from TIAA-CREF, including:

- The advantages of supplemental retirement annuities (SRAs),

- The importance of asset allocation, and

- How to get started and enroll.

Ready, Set, Retire: 5-10 Years Away From Retirement

Designed for people that are 5 to 10 years away from retirement, topics include;

- Determining how much income is needed in retirement,

- How to organize finances, and

- Reviewing asset allocations.

Choosing Income: One Year Until Retirement

Reviews all the way to take income from TIAA-CREF retirement funds.