BYU-Idaho offers employees a 403(b) tax-deferred annuity plan through TIAA. This plan is supplemental to DMBA's 401(k) Supplemental Retirement Savings Plan (i.e. Thrift Plan); and the university does NOT "match" employee contributions to the TIAA program.
All employees, including those in full-time, part-time, and temporary jobs, are eligible to participate in the TIAA plan, except those who fit the following definitions:
- Student employees
- Employees who normally work fewer than 20 hours per week and less than 1,000 hours per year, unless they worked at least 1,000 hours in any prior year.
- Employees who are non-resident aliens not receiving United States sourced income (no employees currently fit this definition).