Each is solely responsible for its own financial condition and contractual obligations. General administrative services include recordkeeping, legal, accounting, consulting, investment advisory and other plan administration services. Baylor College of Medicine 401 (a) Retirement Plan This Plan is funded entirely by BCM; there are no employee contributions made to this Plan. (2004-2017)B.A., Newcomb College of Tulane U.; M.A., U. of Kansas; Ph.D., U. of Virginia. Baylor College of Medicine and Department Summary: Baylor (www.bcm.edu) is recognized as one of the nation's premier academic health science centers and is known for excellence in education, research, and healthcare and community service. (1994-2020)B.S., Virginia Polytechnic Institute and State U.; M.S., ibid. (1966-2000)B.A., Wake Forest U.; B.D., Southeastern Baptist Theological Seminary; Th.M.,ibid. (2004-2020)B.A., Kent State U.; M.Div. David M. Guinn, L.L.M., Professor of Law and Master Teacher. (1986-1987, 1988-2020)B.A., Northern Illinois U.; M.A., U. of Iowa; M.F.A., ibid. (1977-2015)B.A., Ohio U.; M.A.,ibid. The school has the lowest tuition rates among all private medical schools in the country ($29,900), resulting in an average student-loan debt of $108,136that's $95,000 less than the . ; Ed.D., Texas Womans U. Patrick L. Odell, Ph.D., Professor of Mathematics. What is the difference between a mutual fund and an annuity? Wickramasinghe Ariyasinghe, Associate Professor of Physics (1988-2021).B.S., U. of Sri Lanka; M.S, Bowling Green State U.; Ph.D., Baylor U. David M. Arnold, Ph.D., Professor and the Ralph Jean Storm Professor of Mathematics. (2001-2012)B.S.N., Valdosta State U.; M.S.N., Troy State U.; D.S.N., U. of Alabama, Birmingham. (1973-2018).B.B.A., Baylor U.; M.B.A.,ibid. (1992-2020)B.A., Beaver College; M.A., Louisiana State U.; Ph.D., U. of Texas. ; Ph.D., ibid. Thanks to compounding, any earnings on your investments gets reinvested and can potentially earn even more money, and so on. William Thomas, Professor of Accounting and Business Law and Master Teacher. People are living longer than ever. Some recent admissions statistics for Baylor College of Medicine's class of 2025 include: Matriculants: 188 (86% Texas residents) Median GPA: 3.92 Median MCAT score: 518 There is no minimum GPA or MCAT requirement to apply to the Baylor College of Medicine. Ray Bagby, Ph.D., Associate Professor of Entrepreneurship. Request an appointment with an advisor today. Your RMD Applicable Age was 70 if you were born before 7/1/49; 72 if you were born on or after 7/1/49 or in 1950; 73 if you were born between 1951 and 1958; 75 if you were born in 1960 or later. 3. John D. Martin, Ph.D., Professor of Finance, Insurance, and Real Estate. View your investment options with TIAA here. Contact your HR Benefits Office for additional information and assistance. Edwin P. Oxford, Ph.D., Professor of Mathematics. Call today to schedule an appointment or fill out an online request form. Otherwise, mutual funds and annuities are treated very similarly when offered as part of your employers retirement plan. Lee R. Polk, Ph.D., Professor of Communication. ; Ph.D., U. of Minnesota. Don Greene, Professor of Geosciences (1979-2022)B.S, Texas A&M Commerce; M.S., U. of Oklahoma; Ph.D., ibid. ; Ph.D., Iowa State U. Jerry Waltman, Ph.D., The R. W. Morrison Professor of Political Science (2003-2020)B.A. (1957-1993)B.A., Mississippi College; M.A., U. of North Carolina; Ph.D., Louisiana State U. Charles M. Tolbert II, Professor of Sociology (2000-2021)B.A., Baylor U.; M.A., ibid. (1986-2000)B.A., Baylor U.; J.D.,ibid. 15% increase in Pre-65 dependent coverage . How do I find an online Notary? Stuart Rosenbaum, Ph.D., Professor of Philosophy. If 10-15% is an amount you can't afford right now, contribute as much as you can comfortably afford. The overarching hypothesis of the Baylor College of Medicine - Rice University SRP is that maternal exposure to PAHs, which are present in Superfund sites, increases the risk of PTBs and incrementally . ; Ph.D., Louisiana State U. Tom Potts, Professor of FinanceB.B.A., Baylor U.; M.S., ibid. (1970-2015)B.A., U. of Texas; M.A.,ibid. J. T. Powers, Ed.D., Professor of Health, Human Performance and Recreation. Strive for a smart balance of aggressive and conservative investments that fit your needs. Many participants enjoy the diversity of investing in mutual funds in their retirement plans. Login now. You can increase, decrease or suspend the payments at any time. Contributing even a small amount now can potentially make a big difference by the time you retire. Dr. Irwin Yellowitz Last Updated: 04/08/2019 14:37. The campus, targeted for a 2023 . ; Ph.D., ibid. (1976-2017)B.A., Washington U.; M.A.,ibid. Weeks, D.B.A., Professor of Marketing. If you make a withdrawal prior to age 59, you may be subject to a 10% penalty in addition to ordinary income tax. James D. Bargainer, Ph.D., Professor, School of Engineering and Computer Science. ; Ph.D.,ibid. Call 713-798-1000 Monday - Friday 8 a.m. - 5 p.m. ONLINE Request Now Request non-urgent appointments Find a Physician ; M.M.S., U. of Notre Dame; Ph.D.,ibid. (2000-2018)B.A., Wheaton College; M.A., Princeton U.; Ph.D.,ibid. William R. Reichenstein, Ph.D., Professor of Finance. (1971-2016)B.S., Furman U.; Ph.D., Vanderbilt U. Deborah Johnston, Associate Professor of Health, Human, Performance and Recreation (1981-1987, 1988-2021)B.A., Northwest Missouri State U.; M.S.Ed., Baylor U., Ed., U. of Arkansas. ; Ph.D., Vanderbilt U. Dorothy W. McAlister, Ph.D., Professor of Family and Consumer Sciences. Do not sell/share my personal information. If you were born in 1959, federal guidance is needed to determine if your RMD Applicable Age is 73 or 75. Baylor has the lowest tuition rates among all private medical schools in the country ($29,900), resulting in an average student-loan debt of $108,136that's $95,000 less than the average for U.S. medical school graduates from private schools and $72,000 less than medical school graduates from public schools, counting medical schools that . Southern Baptist Theological Seminary; Ph.D.,ibid. Request for Faculty Appointment/Promotion (RFAP) form prepared by the Academic Unit. Faculty Affairs & Development organizes workshops on topics such as teaching in different environments, communication skills, curriculum design and more. (1967-2014)B.A., U. of Texas; Ph.D.,ibid. Willis, Ph.D., Professor of Information System. Learn ways to save and invest to help you prepare for your retirement. (1986-2009)A.B., Wabash College; M.S., U. of Notre Dame; Ph.D.,ibid. (1988-2009)B.S.E.E., Texas Tech U.; M.S.E.E., Southern Methodist U.; Ph.D.,ibid. (1982-2018)B.S., Baylor U.; M.S., ibid. Dennis ONeal, Professor of Mechanical EngineeringB.S., Texas A&M U.; M.S., Oklahoma State U.; Ph.D., Purdue U. Manuel J. Ortuo, Ph.D., Professor of Spanish. Who would benefit most from owning mutual funds? Mary A. Booras, M.A., Associate Professor of Speech Communication. When you enroll online, you create an individual account where you can view your balances, change your investment mix, make transfers and other transactions. Carolyn A. Backus, D.M.A., Professor of Vocal Studies. (1994-2020)B.S., Julliard School of Music; M.M.,ibid; D.M.A.,ibid. Prof. & Chair, Dept of Orthopedic Surgery Baylor College of Med and Chief Physician Exec, Baylor St . View and compare your investment options before you enroll. We realize the enrollment process requires making tough decisions. (1998-2017)B.S., Louisiana Tech U.; M.B.A.,ibid. (1973-2008)B.S., Oklahoma Christian U. of Science and Arts; M.A., North Texas State U.; Ph.D., U. of Missouri. This material is for informational or educational purposes only and does not constitute fiduciary investment advice under ERISA, a securities recommendation under all securities laws, or an insurance product recommendation under state insurance laws or regulations. (1987-2013)B.S., U. of Oklahoma; M.S.,ibid. These payments generally are available to individuals who have attained age 55 but have not yet reached RMD Applicable Age and must begin at least one year prior to reaching RMD Applicable age. If you were born in 1959, federal guidance is needed to determine if your RMD Applicable Age is 73 or 75. David L. Jeffrey, Ph.D., Distinguished Professor of Literature and the Humanities. Do not sell/share my personal information. those enrolled in Medicare but not collecting Social Security Richard Durn, Professor of French (1983-2021)B.A., U. of Dallas; M.A., U. of North Texas; Ph.D., Cornell U. Preston M. Dyer, Ph.D., Professor of Social Work. (1956-1995)B.S., Auburn U.; M.A., U. of Alabama. (1990)B.S., Abilene Christian U.; M.B.A., U. of Texas; Ph.D.,ibid. (1973-2011)B.S. There are often lots of complex rules and regulations, and it can be hard to figure out what plans & benefits youre eligible for or which investments are available to you. The personalized services used most often are: In addition, for more information on fees and investments, refer to "Mutual Funds and In-Plan Annuities" via TIAA.org/performanceOpens in a new window which is a good source for additional plan and investment-related information. Substance Abuse View All Clinical Trials General Inquiries Call today to schedule an appointment or fill out an online request form. (1975-2019)B.A., Ohio State U.; M.A.,ibid. Director of Neurovascular Surgery, Westchester Medical Center. D.E. There are a number of important differences between mutual funds and annuities when they are offered under a retirement plan. Baylor College of Medicine contributes 8% of your base annual earnings to the plan. (1956-1957, 1964-1998)B.S., Oklahoma Baptist U.; M.A., Vanderbilt U.; Ph.D.,ibid. Johanna Guenther, Ph.D., Associate Professor of Nursing. (1977-2020)B.A., Vanderbilt U.; M.A., Emory U., Ph.D., ibid. Payments from variable accounts will fluctuate based on investment performance. ; Ph.D.,ibid. Over the course of a year you pay for services like record keeping. We offer the following education training programs for Baylor faculty members. Academy educational grants are open to educators at all levels of development with the condition that applicants must have received a Norton Rose Fulbright award. Jane Abbott-Kirk, M.M., Associate Professor of Keyboard Studies. Earl L. Grinols, Distinguished Professor of Economics (2004-2022B.A., U. of Michigan; B.S., ibid; Ph.D., Massachusetts Institute of Technology. David Swenson, J.D., Professor of Law and the George G. Kelly Professor of Law. (1945-1969)B.A., Blue Mountain College; M.A., Baylor U. Thomas T. Goforth, Ph.D., W. M. Keck Foundation Professor of Geophysics. These lower risk products offer a guaranteed income that you cant outlive. Please consult your legal or tax advisor. Call today to schedule an appointment or fill out an online request form. Before investing, consider the investment objectives, risks, charges, and expenses of the fund or annuity and its investment options. ; Ph.D., U. of South Florida. The most you can contribute in 2023 is $22,500 per IRS rules. Over the course of your career, that's how much it may take to potentially generate the income you need for retirement. CMS will require Medicare Advantage plans that cover emergency services worldwide to cover urgent care worldwide . (1981-2020)B.A., Baylor U.; M.A., U. of Nebraska; Ph.D., Brown U. Ann E. Rushing, Ph.D., Professor of Biology. | Fidelity does not provide legal or tax advice. Payments stop at the end of the period, during which you will have received all your principal and earnings. (1972-2018)B.M., Florida State U.; M.M.E., George Peabody College; D.M, Florida State U. Dovalee Dorsett, Ph.D., Professor of Statistics and Quantitative Business Analysis. (1968-2000)B.M., Morningside College Conservatory of Music; M.M., Indiana U.; D.M.A., U. of Arizona. As you get older, more of that money may need to go toward healthcare and other essential expenses. (1980-2013)B.S., College of Idaho; M.S., Baylor U.; Ph.D.,ibid. If requested before 2 p.m. you will receive a response today. Charlene S. Budd, Ph.D., Professor of Accounting. Robert M. Baird, Ph.D., Professor of Philosophy and Master Teacher. (1966-2003)B.A., International Christian U., Tokyo, Japan; Ph.D., Yale U. James M. Warren, Ph.D., Professor of Engineering. (1960-1990)B.B.A., U. of Texas; M.L.S., Texas Womans U.; Ph.D.,ibid. ; Ph.D., Rice U. William R. Trail, J.D., Professor and The Darrell L. Keith Professor Law and Medicine. Call 713-798-1000 Monday - Friday 8 a.m. - 5 p.m. ONLINE Request Now Request non-urgent appointments Find a Physician ; Ph.D.,ibid. Stephen Heyde, Professor and Director of Orchestral Activities, The Mary Franks Thompson Professor of Orchestral Studies, and Conductor-in-Residence (1984-2021)B.M., Capital U.; M.M., Carnegie Mellon U. Thomas S. Hibbs, Ph.D., Dean Emeritus and Distinguished Professor of Ethics and Culture. (1966-2020)B.A., Baylor U.; J.D., ibid., L.L.M., U. of Michigan. These withdrawals are not available from TIAA Traditional Account balances. Louis Muldrow, J.D., Professor and the Abner V. McCall Professor of Evidence. William E. McBride, Ph.D., Professor of Computer Science. Here is how it works. Dr. Janice M. McCullagh, Ph.D., Associate Professor of Art History and Senior Faculty Member of the Albritton Art Institute. ; M.Div. Tillman B. Rodabough, Ph.D., Professor of Sociology. A set amount your beneficiary(ies) will receive from your retirement account if you die before taking income. David Hendon, Ph.D., Professor of History. When you leave your employer, you may be eligible to withdraw your retirement savings. Provides routine updates and reporting to the Senior Associate for Research Compliance - RCOI to ensure timely communication regarding the status . W. C. Williams, Ph.D., Professor of Educational Psychology. (1971-2008)B.A., Baylor U.; M.A., U. of Texas; Ph.D.,ibid. 1998-2023 Baylor College of Medicine | One Baylor Plaza, Houston, Texas 77030 | (713)798-4951Have an edit or suggestion for this page? You can leave the tool now and go to Insights to read articles, use tools and see videos that will help you step forward. Your right to a lump-sum distribution from your TIAA Traditional Account may be restricted to taking periodic payments under the terms of the contract. (1988-2015)B.B.A., U. of North Texas; M.B.A.,ibid., Ph.D., U. of Georgia.C. Please refer to your contract or certificate for full details or contact us at. (1981-2018)B.S., New Mexico Institute of Mining and Technology; M.S.,ibid. Update my fund choices or provider to help meet my financial goals. For employer-sponsored retirement plans, your required beginning date is April 1 of the year following the calendar year in which you reach your RMD Applicable Age or retire from the plan sponsor, if later. Emeriti Plan Plan overview; 401(a) Retirement Plan 403(b) Tax-Deferred Investment Plan . This fee will be deducted proportionally from each investment in your account Quarterly and identified as "TIAA Plan Servicing Fee" on your statements. Substance Abuse View All Clinical Trials General Inquiries Call today to schedule an appointment or fill out an online request form. As for income options, annuities offer you the opportunity for lifetime income with or without guaranteed payments for a fixed time period*. (1990-2015)B.A., Wichita State U., M.A., Western Washington State U.; Ph.D., U. of Illinois. ; D.M., Florida State U. Robert W. Vargas, Ph.D., Professor of Computer Science. (1972-2000)B.A., Occidental College; M.A., Florida State U.; Ph.D.,ibid. *Investment advice is available through TIAA using an advice methodology from Morningstar Investment Management, LLC. Wilfrid Laurier U.; M.A., Lamar U.; Ph.D., U. Texas. Greg Benesh, Professor of Physics. (1981-2006)A.B., U. of Kentucky; M.S., Purdue U.; Ph.D., Vanderbilt U. Robert C. Roberts, Ph.D., Distinguished Professor of Ethics in Philosophy. If you are an eligible classification, you automatically become a participant in the Plan when you reach age 18 and have completed 1 hour . TIAA-CREF Individual & Institutional Services, LLC serves as a broker-dealer with respect to underlying mutual funds only, and does not offer, market or sell interests in such plans or otherwise provide broker-dealer services with respect to the interests in such plans. (1965-2008)B.A., Peru State College; M.A., Oklahoma State U.; Ph.D., U. of Maryland. A lump-sum payment, subject to a surrender fee, may be available depending on your plan rules and the terms of your contract. (1997-2014)B.S., U. of Texas; M.S., Sacred Heart U.; M.Ph., Columbia U.; Ph.D.,ibid. I'm passionate about genetics, data science, and technology. Mary Ruth Smith, Ph.D., Professor of Art and Art History. Martin Medhurst, Distinguished Professor of Rhetoric and Communication (2003-2021)B.A., Wheaton College; M.A. (1981-2017)B.S., Southern Methodist U.; M.S.,ibid. TIAA Traditional is a guaranteed insurance contract and not an investment for federal securities law purposes. (1958-2019)B.S., Ohio State U.; M.A.,ibid. William F. Cooper, Ph.D., Professor of Philosophy. Teachers Insurance and Annuity Association (TIAA) will provide services to the plan and may issue plan communications on behalf of the plan sponsor, in its capacity as a plan recordkeeper. *Guarantees are subject to the claims-paying capability of the insurer. . Charles M. Tolbert, Ph.D., Professor of Sociology. Schedule now . Emeritus Faculty are nominated by their deans to the President through the Provost. (1976-2010)B.F.A., Bethany College; M.F.A., U. of Iowa. (1957-1997)B.A., Hendrix College; M.A., Vanderbilt U.; Ph.D.,ibid. (1983-2015)B.A., Southeastern U.; M.A., U. of Alabama; Ph.D., U. of Nebraska, Lincoln. However, payments from CREF and TIAA variable annuities are not guaranteed and the payment amounts will rise or fall depending on investment returns. Martha L. Sanford, Ph.D., Associate Professor of Nursing. In order to more easily transition into retirement, you may be able to withdraw up to 10%, in cash, of your lifetime annuity income. Darryn Willoughby, Ph.D., Professor of Health, Human Performance and Recreation. Your principal remains intact while you receive the interest. Select a retirement plan and begin the enrollment process. Lawrence G. Felice, Ph.D., Professor of Sociology. If requested before 2 p.m. you will receive a response today. ; Ph.D., U. of Kansas. (1963-1996)B.S., Pennsylvania State U.; M.A., Ohio State U.; Ph.D.,ibid. (1970-1987)B.S.N., U. of Pittsburgh; M.S., Texas Woman's U. William V. Davis, Ph.D., Professor of English and Writer-in-Residence. No, there is no tax advantage to owning variable annuities or mutual funds in your TIAA-funded retirement plan. Any guarantees under annuities issued by TIAA are subject to TIAA's claims-paying ability. B.A., U. of Michigan; M.A., ibid. Lewis M. Barker, Ph.D., Professor of Psychology and Neuroscience. Who would benefit most from owning mutual funds? (1976)B.A., Berea College; M.A., Michigan State U.; Ph.D.,ibid. ; Ph.D.,ibid. At Baylor Medicine, we create a treatment plan that draws from our storied experience, our collaborative nature and our drive to advance healthcare. (1983-2016)B.F.A., U. of Tennessee, M.F.A.,ibid. If your plan allows, you can choose to receive regular income payments (minimum $100) on a semimonthly, monthly, quarterly, semiannual or annual basis. ; Ph.D.,ibid. (1962-2004)B.A., Mississippi College; M.A.,ibid. To recap, here's what you'll want to think about when you enroll: Think how long your retirement savings will need to last. Owning mutual funds can reduce risk through diversification and professional management, and allow you to potentially invest in a broad range of asset classes U.S. and non-U.S. stocks, bonds, and real estate with smaller amounts of assets. Ron Stanke, Ph.D., Associate Professor of Mathematics. (1962-2000)B.S., Baylor U.; M.S.,ibid. Talk with a financial professional to get help with your financial goals. Harry Elzinga, Ph.D., Professor of Musicology. (1973-2005)B.B.A., Baylor U.; M.B.A.,ibid. G.W.K. Dianna M. Vitanza, Ph.D., Associate Professor of English. (1986-2021)B.A., Baylor U.; J.D.,ibid. (1982-2006)B.A., Michigan State U.; J.D., U. of Virginia. Emeriti, TIAA-CREF, Savitz, Aetna Life Insurance Company, and HealthPartners are independent corporations and are not legally affiliated. (2000-2020)B.A., Austin College; M.M., Cleveland Institute of Music. Annuities are designed for retirement and other long-term goals. (1978-1980 1980-2019)B.S., Baylor U.; M.S., Kansas State U.; Ph.D.,ibid. Patricia W. Cook, M.F.A., Professor of Theatre Arts. Baylor College of Medicine offers this plan as part of workplace benefits. Richard Shanley, D.M.A., Professor of Music. Read it carefully. By Name By School Faculty Emeriti. Plan Basics Wallace L. Daniel, Jr., Ph.D., The Ralph L. and Bessie Mae Lynn Professor of History. (E.E. William L. Pitts, Jr., Ph.D., Professor of Religion. Judith R. Lusk, Ph.D., Professor of Family and Consumer Sciences. Deposit and lending products and services are provided by TIAA Bank, a division of TIAA, FSB. (1969- 2003)B.A., Louisiana State U.; M.A.,ibid. How can I see my accounts and perform transactions online? (1964-1966; 1969-4985)B.A., San Bernardino State College; B.S., U. of California at Los Angeles; M.S.,ibid. What are the benefits of owning mutual funds? During enrollment, once you choose your contribution amount, you can direct your contributions to a range of investment options. (1973-2011)B.A., Baylor U.; M.A.,ibid. Terry Maness, Dean of Hankamer School of Business and Professor of Finance (1972-2021)B.A., Baylor U.; M.S., ibid. Madalene R. Barnett, Ph.D., Professor of Communication Disorders. Robert T. Doty, Ph.D., Professor of Mechanical Engineering. (1989-2002)B.A., U. of Texas; M.A.,ibid. (1974-2006)B.M., U. of Illinois; M.S. William Hair, Associate Professor and Associate Dean and Director, Central University Libraries (1994-2021)B.S., U. of Tennessee; M.Div., Mid-America Baptist Theological Seminary; M.L.S., Vanderbilt U. D. Thomas Hanks, Jr., Ph.D., Professor of English and Master Teacher. Lane G. Collins, D.B.A., Professor of Accounting. (1968-1985)B.S.Ed., State College, Indiana, Pa.; M.A., Ohio U.; Ph.D.,ibid. ; D.B.A., Indiana U. Mary K. "Suzy" Weems, Ph.D., Professor of Nutrition Sciences. (2000-2015)B.A., Wichita State U.; B.D., Yale U.; M.A., Wichita State U.; Ph.D., Yale U. William C. Robinson, M.M., Associate Professor of Music. David. (1970-2005)A.B., Washington U.; B.D., Eden Theological Seminary; M.A., State U. of New York; Ph.D., Cornell U. John C. Flynn, Ph.D., Professor of Psychology and Neuroscience. If your plan permits, you can withdraw some of the money you've put in over the years (but not earnings) due to financial hardship, such as medical or funeral expenses, while still employed. Your financial well-being is TIAA's top priority and we are committed to helping you make informed decisions. (2005-2020)B.S., Baylor U.; M.S., Texas Tech U.; Ph.D., ibid. Any guarantees under annuities issued by TIAA are subject to TIAA's claims-paying ability. What are the benefits of owning mutual funds? (1981-2015)B.S., East Carolina U.; M.A.,ibid. A mutual fund is a pool of securities, such as stocks and bonds, managed by an investment company. (1977-2018)B.S., Jacksonville State U.; M.A., U. of Alabama, Birmingham; Ph.D., U. of Alabama. What is the difference between a mutual fund and an annuity? A tax-free way to pay for other qualified out-of-pocket medical expenses - the Emeriti Reimbursement Benefit. Baylor College of Medicine fosters diversity among its students, trainees, faculty, and staff as a prerequisite to accomplishing our institutional mission and setting standards for excellence in training healthcare providers and biomedical scientists, promoting scientific innovation, and providing patient-centered care. ; M.S.,ibid. Other benefits may be available, such as pre-tax and tax-deferred contributing, which could help maximize your savings.
The Fox Poem By Faith Shearin Answer Key,
Ako Zistim Ci Mam Exekuciu Zadarmo,
Sample Letter From Trustee To Beneficiary,
Articles B