Savings Plans

The University offers three kinds of Tax-Deferred Plans: 403(b), 401(k) and 457 and a brief overview is outlined below. The information below is not intended to recommend that an employee participate in the Fidelity and/or Savings Plus Supplemental Retirement Plans (SRPs), nor will it give employees investment or tax advice.

403(b) Supplemental Retirement Plan (SRP) account with Fidelity Investments

The California State University 403(b) Plan is a voluntary retirement program that allows eligible CSU employees to save toward retirement by contributing to tax-deferred investments. The Group Plan Number is 50537.

• Eligible employee​s may have their contributions automatically deducted from their paycheck.
• You can contribute a portion of your compensation as pre-tax elective deferrals or after-tax Roth contributions.
  • Pre-tax contributions result in reduced taxable income.
• Eligible employees can defer a minimum of $15 a month and a maximum pre-tax/post-tax of $20,500 annually for 2022.
• All salary reduction changes such as stopping, starting, increasing or decreasing are managed by the employee directly.
• Plan participants pay a fixed dollar administration fee of $11.50 each calendar quarter or $46.00 per year.
• There is no employer matching contribution.
• For more information on the plan, to schedule a one on one consultation or to enroll, please visit the Fidelity Website. Make sure to also review the Enrollment Instructions for details on how to enroll online.
  • If you would like to speak to a representative to enroll or make changes, please call 1-800-343-0860 (M – F, 8 am to 12 am, ET).
  • If you would like to speak to with a licensed planner regarding your current plan, please call 1-800-715-5959 (M – F, 8 am to 9pm, ET).
• Fidelity NetBenefits
• 403(b) How to Enroll
• 403(b) Plan Features
• 403(b) Program Information
• 403(b) Savings Made Easy
• 403(b) SRP Enrollment Form
• Tax Sheltered Annuity (TSA) Transaction Flow Chart

Requests requiring plan administrator signature can be submitted to Beshoy Ragheb and Amber Luna using one of the following methods:

• Complete the CSU 403(b) Plan Administrator Signature Request Form
• Fax: 562-951-4695
• Mail:

              CSU Chancellor’s Office
              ATTN: Systemwide Benefits 
              401 Golden Shore
              Long Beach CA 90802

Please provide directions one on where you would like the plan administrator to send the form once signed.

401 (k) and 457 (b) Supplemental Retirement Plans (SRPs) with Savings Plus

Savings Plus is a voluntary retirement program that allows eligible CSU employees to save toward retirement by contributing to tax-deferred investments. Savings Plus offers a 401(k) Plan and a 457(b) Plan. 

• Eligible employee​s may have their contributions automatically deducted from their paycheck.
• You can contribute a portion of your compensation as pre-tax elective deferrals or after-tax Roth contributions.
  • Pre-tax contributions result in reduced taxable income.
• Eligible employees can defer a minimum of $25 a month and a maximum pre-tax/post-tax of $20,500 annually for 2022.
• All salary reduction changes such as stopping, starting, increasing or decreasing are managed by the employee directly.
• Plan participants pay a fixed dollar administration fee of $4.50 each calendar quarter or $18.00 per year.
• There is no employer matching contribution.
• For more information on the plans or to enroll, please visit the SavingsPlus Website.
  • If you would like to speak to a representative to enroll or make changes, please call 1-855-616-4776 (M – F, 5 am to 8 pm, PT).
• Plan Comparison Chart
• Savings Plus 401(k) and 457 Plans
• Tax Shelter Annuity Maximum Contribution Allowance Calculator
• TSA Administrator Signature Instructions

ScholarShare College Savings Plan

• Eligible employees may participate in California's tax-advantaged 529 college savings plan.
• The plan is sponsored by the ScholarShare Investment Board, an agency of the State of California, and is managed by TIAA-CREF.
• Earnings in your ScholarShare plan account grow tax-deferred.
• A minimum of $25 allows you to open a ScholarShare Account and you can contribute as little as $15 per pay period through payroll deduction.
• When you withdraw money to pay for qualified education expenses, you pay no federal or California state income tax.
• There is no employer matching contribution.
• For more information or to enroll online visit www.scholarshare.com.
  • If you would like to speak to a representative to enroll or make changes, please call 1-800-544-5248 (M – F, 8 am to 7 pm, PT).
• Scholarshare College Savings Plan
• Scholarshare College Savings Plan Information