Crimson Cash is a declining-balance debit account accessed with your Harvard ID. No sign-up is required. You automatically have an account if you have a valid Harvard ID, but you need the version of the card that has two magnetic stripes on the back. Use the thin stripe to access your account where it is accepted.
To add cash (value) to your card or for information about locations on campus, such as cafeterias and libraries, where this debit card can be used, go to cash.harvard.edu.
Harvard University Employees Credit Union 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
617-495-4460
www.huecu.org
Branches are located at:
Longwood Medical Area, Kresge 108
Massachusetts General Hospital, 55 Fruit Street
Charlestown Navy Yard, 149 13th St.
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 70 and a half.
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
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Harvard University Retirement Center (HURC) (Hosted by TIAA) |
800-527-1398 |
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Fidelity Retirement Services Center one-on-one counselor: www.fidelity.com/atwork/reservations |
800-343-0860 800-642-7131 |
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Social Security Administration Social Security Office 10 Fawcett St. Cambridge, MA 02138 (corner of Fawcett St. and Concord Ave.) |
800-772-1213 |
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TIAA one-on-one counselor tiaa-cref.org/moc |
800-527-1398 617-441-1300 |
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Vanguard one-on-one counselor: meetvanguard.com |
800-523-1188 800-662-0106, ext. 14500 |
Important Upcoming Changes to Retirement Investment Options and Administration
Harvard is making some changes to the investment options and management available through the retirement programs, including TDA and 457(b) savings. Among the changes:
- A new 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.
- Harvard is moving to a single platform that will be 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.
You do not need to take any action at this time. Learn more.