HR Update

Saving for retirement
What an extra 1% can do

Did you know that just 1% extra per paycheck can lead to thousands (or tens or hundreds of thousands) more dollars to help you enjoy retirement? For example, if you’re 28 years old and make $50,000 per year, adding 1% of your salary (less than $10 a week) to your retirement savings could add more than $160,000 to your nest egg when you retire.*

Use this Fidelity tool to see what a 1% increase could do for you, and sign up for a plan or modify your contributions here.

*See Fidelity tool for disclaimer.

All HR Updates
Shift/Click to select multiple categories

Reminder for tell graduating students their University access to applications will change upon graduation.

Fidelity has added a Roth In-Plan Conversion feature to the University of Minnesota 457 Deferred Compensation Plan, effective April 9, 2024.

Blacks in Industrial-Organizational Psychology named Nathan Price from OHR’s Talent Strategy team as the 2024 Impactful Professional of the Year.

Experian now using encrypted emails to protect the claimant's SSN.

Agreement reached and faculty on both campuses will soon vote on the contract.