Enrolling in your plan will help put you on the right path. Starting now is important. The sooner you start to save, the more time your money has to grow.
Step 1: Visit the Plan & Investments page to learn more about the retirement plans OHSU offers.
Step 2: As your savings grow within your retirement plan, you pay no taxes on the growth. What is the powerful, long-term benefit for you? By earning returns on funds that would have otherwise been paid in taxes, your savings may grow faster. That's the power of tax-deferred compounding. In the chart to the right, see how starting early on the path to compounding can have a dramatic impact on your long-term savings. Or, if you prefer you can make Roth contributions to the University Voluntary Savings Program (UVSP), where you will pay taxes now and enjoy tax free income when you retire. Enroll in the 403(b) and/or 457(b) UVSP that's right for you. If you get stuck, just call us at 1-800-343-0860 and we'll help you through the process. Or if you prefer to meet face-to-face with a Fidelity Retirement Planner, you can schedule an appointment.
Step 3: Contributions for the 401(a) University Pension Plan (UPP)/Clinical Retirement Plan (CRP) and are paid by OHSU. Choose your investment options and designate a beneficiary. If you get stuck, just call us at 1-800-343-0860 and we'll help you through the process. Or if you prefer to meet face-to-face with a Fidelity Retirement Planner, you can schedule an appointment.