NSHE Medical Resident/Postdoctoral Scholar Retirement Plan Enrollment Guide

This guide provides detailed information about the NSHE Medical Resident/Postdoctoral Scholar Retirement Plan, outlining the enrollment process and key features of the plan. It explains that all employees engaged in medical residency training or postdoctoral scholarship are automatically enrolled, with both employee and employer contributions set at 6.2% of salary. The guide details the investment options available, including a tiered investment menu that caters to different levels of investor involvement. It emphasizes the importance of actively participating in the retirement plan to build a secure financial future. Additionally, it discusses the NSHE Supplemental 403(b) Retirement Plan, which allows for additional savings, and provides instructions for initiating contributions and establishing accounts. The guide also highlights the significance of understanding the retirement plan's features, such as eligibility, vesting, fees, and portability of accounts. Overall, it serves as a comprehensive resource for NSHE employees to navigate their retirement planning effectively.