Retirement

 

Getting ready to retire requires planning and saving over the course of your work life. Bentley helps employees reach their retirement goals by making a generous contribution to eligible employees’ retirement accounts with either TIAA-CREF or Fidelity or both. To ensure you have adequate resources in retirement, you should also make voluntary contributions to your retirement account through automatic payroll deductions.  If you aren’t already doing so, please contact the Benefits Specialist in HR for information on how to start voluntary contributions.

Bentley University Retirement Plan

Both Human Resources and Academic Affairs run programs several times a year to educate employees on how to save and invest for retirement and how to prepare for the social and emotional aspects of transitioning to retirement. In addition, on-campus retirement counseling is offered monthly through Fidelity Investments and TIAA/CREF. Please check the Events Calendar on the Human Resources home page for information about upcoming events.

You will need to let several people know about your retirement plans three to six months in advance of your actual retirement date to ensure a smooth transition to retirement.

  • Contact the Benefits Specialist in Human Resources to discuss benefits
  • Let your supervisor know of your plans to ensure an orderly transition of your duties
  • Contact a TIAA-CREF or Fidelity retirement counselor for an illustration of your distribution options
  • Contact Social Security at 1-800-772-1213 or www.ssa.gov
  • If you are approaching age 65, contact Medicare.  HealthAdvocate can assist you in this process. Health Advocate flyer on Medicare Basics

 

Frequently Asked Questions About Retirement

Retiree Health Benefits: Medical, Dental, Vision

Retiree Benefits Available to All Retirees