Save for Retirement
Set aside money for your future
Your retirement is likely to be the largest expense you incur in your lifetime, yet for many of us, this is often the least funded. It's never too early or too late to begin saving!
Children's Mercy’s partners with TIAA to offer:
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403(b) tax deferred annuity plan. As a new employee, you are automatically enrolled at a 3% salary deferral. However, you have the option to opt out within your first 90 days of employment. All employees will be eligible for the employer matching contribution on the first of the month following 90 days of employment and fully vested after three years of service. To receive the full 3% match, you must make a 6% or greater contribution to your TDA.
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Children's Mercy 401(a) retirement plan. Employees age 21 or older are automatically entered into the retirement plan effective the 1st of the month following two years of service. (One year of service is defined as 1,000 worked hours during the 12 month period beginning with date of hire.) Children's Mercy contributes a range of 3% - 6% based on your age plus years of service.
You’ll learn more about Children’s Mercy’s retirement plans during Children’s Mercy Orientation.
If you have questions about saving for retirement, please contact the Benefits Hotline at (816) 234-3200.