Financial
Harvard Federal Credit Union (harvardfcu.org) is a full-service, nonprofit financial institution available to Harvard retirees. As a member of the Harvard community, you have access to exclusive services and preferred rates not available elsewhere.
Main office in Harvard Square:
104 Mt. Auburn Street, Cambridge
Branches are located at:
One Brigham Circle, 1614 Tremont Street, Boston (Longwood Medical Area)
Massachusetts General Hospital, Bulfinch Building Room 119, 55 Fruit Street
Charlestown Navy Yard, 149 13th Street, Charlestown, MA
ATMs are also located in a number of other convenient locations.
Required Minimum Distributions
If you have retired from Harvard or otherwise left the University, you are required by federal law to receive minimum distributions from your tax-deferred retirement funds, including TDA and 457(b) savings, by April 1 following the calendar year in which you attain age 73.
However, if you are still earning a salary at Harvard, you are not required to take minimum distributions while you continue contributing to these plans.
Retirement Plan Benefits Contact Information
Harvard University Retirement Center (HURC)
800-527-1398
Fidelity Retirement Services Center
800-343-0860
TIAA
https://www.tiaa.org/public/tcm/Harvard
One-on-one counselor: 617-441-1300
https://www.tiaa.org/public/support/contact-us/consultations-seminars
Vanguard
800-523-1188
one-on-one counselor: 800-662-0106, ext. 14500
Social Security Administration (Social Security & Medicare)
For your local Social Security office go to
https://secure.ssa.gov/ICON/main.jsp
The office closest to Harvard Square is at 10 Fawcett St., Cambridge, (at the corner of Fawcett St. and Concord Ave. beyond the Alewife rotary).
800-772-1213
Important Changes to Retirement Investment Options and Administration
Among changes the investment options and management available through the retirement programs, including TDA and 457(b) savings are:
- A simplified investment lineup that will include a number of the currently available mutual funds and annuities provided by Vanguard and TIAA, including the current default investment Vanguard Target Retirement funds, along with a new option of a TIPS fund from Schwab.
- A single platform that is managed by TIAA for retirement account administration and recordkeeping with one website where employees can view and elect investments and make changes. Participants will receive a consolidated quarterly statement showing all Harvard retirement plan investments and account activity.