Emeriti Health Account
866-363-7484
To help you save for your future health care needs,
SMU provides the Emeriti Health Account, a tax-advantaged way to
invest and accumulate assets to pay for your insurance premiums and
other eligible health expenses in retirement. Investment fund choices
and administrative services are provided by Fidelity Investments. The Emeriti Health Account is not
related to the SMU 403(b) Retirement Plan.
Here’s a brief summary of how the accounts work:
- If you are age 40 or older
(full-time faculty or staff), you will
automatically be enrolled in an Emeriti Health Account, and you will
contribute $52 per month on a
pre-tax basis. SMU will begin making matching contributions on your
behalf as long as you remain an eligible employee until you retire or for up
to 25 years, whichever occurs first. Once enrolled, you choose how to invest
contributions made by your and SMU, among several Fidelity investment fund options.
Age 40+ mandatory contributions (including SMU matching contributions) will
increase 4% each year. You may
also make unlimited, voluntary contributions to your account on an after-tax
basis. Please contact Rhonda Adams (214-768-2123) if you wish to make
voluntary after-tax contributions.
- If you are under age 40
(full-time faculty & staff), you can enroll in and
make voluntary, unlimited after-tax contributions to an Emeriti account.
Please contact Rhonda Adams (214-768-2123) if you wish to make voluntary
after-tax contributions. Once you reach age 40, you will begin
contributing on a pre-tax basis and SMU will begin making matching contributions on your behalf as
long as you remain an eligible employee until you retire or for up to 25 years,
whichever occurs first.
For more information please click on the links below:
Emeriti FAQs
Emeriti Website