Here are the steps you need to complete in order to set up your 403(b) account and contributions. This is a shorter version of what appears in the 403(b) Plan PowerPoint presentation included at right.
- Log in to ADP at https://www.workforcenow.adp.com. Then follow the instructions in the handout at the right to enroll in 403b payroll deductions within the ADP Benefits Feature. You can also watch this video to see a demonstration of how to enroll, change, or cancel your 403b contribution in ADP: https://web.microsoftstream.com/video/7bd0b747-6761-468c-8aa2-60c05f06ced7
- Complete your Account Application with Vanguard at www.vanguard403bservices.com/application Be on the lookout for an email letting you know that your account has been established (usually arrives within 3 to 5 business days). For more detailed instructions on the application process, you can access the Vanguard Detailed Instructions for Participant Online Application PDF handout to the right.
- Once you receive the email letting about your account being established, you then need to log on to www.vanguard.com if you already have a Vanguard account. If you don’t have an account, register at www.vanguard.com/register This step is often forgotten but is the most crucial because it is the step that enables you to identify a beneficiary and to select the funds you want to invest in. If you don't complete this step then the Seminary will not see your account to be able to contribute your payroll deductions. For more detailed instructions on the enrollment process, you can access the Vanguard Detailed Enrollment instructions PDF handout to the right.
If your question is about investment options, please contact Vanguard 403(b) plan participant services at 800-569-4903 Monday through Friday from 8 a.m. to 8 p.m., Eastern time. If you have questions about the Authorization for 403b Salary Reduction/Deduction Form or about the process in general contact Human Resources at human.resources@garrett.edu or 847-866-3918.