Fidelity Investments: Ucla's Neighbor Or Distant Acquaintance?

UCLA's Campus Human Resources department offers a wide array of investment options for UC employees, including more than 150 Fidelity Investments Funds. Fidelity Retirement Services provides record-keeping and account services for the UC Defined Contribution Plan (DCP), 403(b) tax-deferred plan, and 457(b) deferred compensation plan. The UCLA Emeriti/Retirees Relations Center (ERRC) has a dedicated team that serves its constituents, and the university has adopted the FlexWork concept, encouraging a hybrid work environment for its departments.

UCLA's Emeriti/Retirees Relations Center and Fidelity

The UCLA Emeriti/Retirees Relations Center (ERRC) has been an advocate and supporter of UCLA retirees since 1969. The ERRC serves the retired faculty and staff communities through advocacy, education, and personalized services pre- and post-retirement. It also creates strategic partnerships between the university, emeriti, and retirees, and seeks to enrich the quality of life in retirement at UCLA.

The University of California is the administrator of the Retirement Savings Program, and Fidelity Retirement Services provides record-keeping and account services for the UC Defined Contribution Plan (DCP), 403(b) tax-deferred plan, and 457(b) deferred compensation plan. UCLA offers retirement services and tools to assist faculty and staff in career-long financial planning for retirement. Fidelity Investments Retirement Planner, Andrew Fung, can be contacted at [email protected] to schedule a one-on-one financial consultation.

Fidelity Retirement Services can also be contacted directly at (866) 682-7787 for more information. Their address is Box 951465, Suite 200, 10920 Wilshire Boulevard Los Angeles, CA 90095-1465. Their phone number is (310) 794-0800 and their email is [email protected]. Their working hours are Monday to Friday from 8 a.m. to 5 p.m., and they are closed on Saturday and Sunday.

The UCLA Retirees Association (UCLARA) is an active and vibrant community that provides opportunities for retirees to stay engaged with colleagues and the campus. UCLARA monitors issues that might affect retirees, represents retiree interests to University administrators, and advocates for retiree benefits. UCLARA also receives invaluable administrative support from the UCLA Emeriti/Retirees Relations Center (ERRC).

UCLA's Campus Human Resources and Fidelity

UCLA's Campus Human Resources offers a wide array of investment options for UC employees. Fidelity Investments is one of the many investment services that UCLA employees can choose from. UCLA's Campus Human Resources provides a Fidelity address, phone number, and email address for employees to contact. The address is Box 951465, Suite 200, 10920 Wilshire Boulevard Los Angeles, CA 90095-1465. The phone number is (310) 794-0800, and the email address is [email protected]. UCLA's Campus Human Resources also provides a phone number and website for employees to use to start, stop, or make changes to their DCP, 403(b), or 457(b) plans. The phone number is (866) 682-7787, and the website is FITSCo under "Related Information".

Fidelity Investments provides record-keeping and account services for the UC Defined Contribution Plan (DCP), 403(b) tax-deferred plan, and 457(b) deferred compensation plan. Employees can contact Fidelity directly at (866) 682-7787 with questions about their accounts. Additionally, employees can schedule a phone or virtual one-on-one consultation with Andrew Fung, a Fidelity Director/Retirement Planner, to access their account and run various financial planning tools.

The UC Retirement System also contracts with Fidelity Investments to provide financial education through classes and one-on-one guidance. Employees can submit an inquiry by signing in to their UCPath account and clicking on "Ask UCPath Center" in the upper right-hand corner. They can also contact the UCPath Center to speak with an associate Monday through Friday, 8 am to 5 pm, at 855-982-7284.

UCLA's UC Retirement Savings Program and Fidelity

UCLA's UC Retirement Savings Program (UCRSP) offers employees a range of investment options to save for retirement. The program is administered by the University of California, with Fidelity Retirement Services providing record-keeping and account services.

The UCRSP consists of the Tax-Deferred 403(b) Plan, the 457(b) Deferred Compensation Plan, and the Defined Contribution Plan. The Defined Contribution Plan is made up of a pretax account for mandatory contributions and an after-tax account for voluntary contributions. UCLA employees can choose from a wide array of investment options, including more than 150 Fidelity Investment Funds.

Fidelity Retirement Services provides record-keeping and account services for the UC Defined Contribution Plan (DCP), 403(b) tax-deferred plan, and 457(b) deferred compensation plan. UCLA employees can contact Fidelity directly with any questions about their accounts or to make changes to their DCP, 403(b), or 457(b) plans.

Additionally, UCLA offers confidential financial planning sessions with a Fidelity Director/Retirement Planner, who can access employees' accounts and run financial planning tools. These sessions can be conducted in-person at the Emeriti/Retirees Relations Center or via phone or virtual consultation.

UCLA also provides resources for additional retirement savings account education, including webinars, to help employees make the most of their retirement savings.

UCLA's voluntary retirement savings accounts and Fidelity

UCLA is located in Los Angeles, California. Fidelity Investments is also based in Los Angeles, California, and offers a wide range of investment options for UCLA's voluntary retirement savings accounts. UCLA has a hybrid work environment, and its Campus Human Resources department provides a variety of investment options for employees.

UCLA's voluntary retirement savings accounts include the 403(b) and 457(b) plans, which are pre-tax retirement savings accounts. These plans are in addition to the primary (required) retirement benefits offered by UCLA. Employees can choose to contribute to either or both of these accounts, and the University of California (UC) is the administrator of the Retirement Savings Program. Fidelity Retirement Services provides record-keeping and account services for these plans.

The 403(b) plan allows employees to save up to $23,500 in pre-tax or Roth contributions in 2025. Similarly, the 457(b) plan offers the same contribution limit of $23,500 in pre-tax or Roth contributions. If an employee is 50 or older, they can contribute an additional $7,500 to each plan, bringing the total contribution limit to $62,000 across both plans.

Fidelity Investments offers more than 150 Fidelity Investment Funds for UCLA's retirement savings accounts. Employees can also choose from other investment options, such as the Vanguard Admiral Treasury Money Market Fund and the Calvert Group's socially conscientious investment funds. UCLA also provides resources for financial planning and one-on-one consultations with a Fidelity Director/Retirement Planner to help employees make informed decisions about their retirement savings.

UCLA's UC Retirement System and Fidelity

UCLA's UC Retirement System offers a wide array of investment options for its employees. The University of California is the administrator of the Retirement Savings Program, while Fidelity Retirement Services provides record-keeping and account services for the UC Defined Contribution Plan (DCP), 403(b) tax-deferred plan, and 457(b) deferred compensation plan.

Fidelity Investments offers more than 150 funds to choose from, providing flexibility for investors. UCLA's adoption of the FlexWork concept encourages a hybrid work environment for its departments. The university also provides resources for financial planning and confidential consultations with experts to help employees make informed decisions about their retirement plans.

The UC Retirement Savings Program (UCRSP) consists of the Tax-Deferred 403(b) Plan, the 457(b) Deferred Compensation Plan, and the Defined Contribution Plan. The Defined Contribution Plan includes a pretax account for mandatory contributions and an after-tax account for voluntary contributions. UC employees can choose from 26 fund options for their defined contribution funds, with the Office of the Chief Investment Officer either managing the funds directly or selecting fund managers.

In addition to the defined benefit plan, the UC Retirement Savings Program offers supplemental retirement benefits. UC employees can voluntarily participate in the Retirement Savings Program to enhance their retirement security. The program includes the 403(b) Plan, allowing pre-tax or Roth (after-tax) contributions, and the 457(b) Plan, offering similar tax options. These plans provide tax-advantaged options for building savings, with the IRS setting limits on annual contributions.

UCLA provides a comprehensive array of retirement benefits, savings programs, and educational and counselling resources to support employees in planning for retirement.

Frequently asked questions