403(b) Retirement Program

Administered by: Diversified
Customer Care: 800-755-5801
Website: smu.divinvest.com

The SMU 403(b) Retirement Plan is a valuable employee benefit and one of the most powerful ways to build your retirement savings.  The plan is designed to help you actively save and invest in your retirement, and it is important to understand how the plan works so that you can reach your retirement income goals.

If you are a full-time or part-time (20+ hours/week) benefits-eligible employee, you may enroll in the SMU Retirement Plan as early as age 21 and will receive SMU matching contributions on the first 5% of your pre-tax contributions.

  • The SMU matching contribution is 8% through age 40 and 10% after you reach age 41.
  • Participation is required as a condition of employment for full-time employees age 36 or older.

For detailed information about the SMU Retirement Plan, visit smu.divinvest.com.  If you would like to schedule an in-person or phone-in meeting with our on-site Diversified Retirement Counselor, click "Sign up for a One-on-One Meeting" at smu.divinvest.com.