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Enrollment

Enrollment is always open!

Enrollment options are shown below. The provider you choose has everything you need to open your accounts and begin salary reductions. At no additional cost, advisors can explain the investments and help you complete the enrollment process. See frequently asked questionsFor a summary of the provider phone numbers and a list of investment options, view the RIC 403b At-A-Glance.

Education-Related Employees
RIC 403b At-A-Glance

Enrollment Options      

Online Enroll online   (Not available)   Enroll online (403b)   Enroll online (403b) 
In person (request meeting)  Email Horace Mann
Area agent list
  Email Mass Mutual 
Area agent list
  Email VALIC 
Area agent list
  Email Voya 
Area agent list
Over the phone 844-895-0980   (Not available)   800-945-6763   800-555-1970
Print forms Print forms   Print forms   Print forms (403b)   Forms available on request
Request information 877-602-1870   800-743-5274   800-945-6763   800-555-1970
 
 

             

Phone 800-628-6673   877-403-2374   515-255-8500   800-732-8939   800-888-2461   800-943-9179
Website Horace Mann website   MassMutual website    VALIC webiste   Voya website   Voya website   Voya website

 

 

Frequently asked questions

Can someone help me enroll?
How much should I save?
How much will I earn?

What are the investment options?
What if I change my mind?

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Advisors can help

A provider representative can be involved in your enrollment and investment selection process to the degree that you like. If you want help completing the applications and selecting your investments, the provider you choose has qualified representatives who will do just that. Advisor information is available from the Providers and Investments webpage or by contacting the provider directly.

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Savings amount

Contributions to RIC are made through salary reductions. In most cases, there is no minimum contribution requirement (view your employer's plan elections). The maximum amount of salary you may defer annually is limited by the IRS maximum contribution limits. If you employer offers a match contribution, consider the benefit of contributing an amount that maximizes that beneit.

Each of the providers have tools to help you determine how much you should save in order to generate the level of income you desire at retirement.

 

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Investment options*

The RIC investment providers offer a variety of investment options. For a summary of investment options, review the RIC 403b At-A-Glance. Funds may have sales charges and transfer/distribution penalties and restrictions (short-term trading restrictions may apply). Be sure to ask what fees and restriction are associated with the provider products.

Planning tools and provider representatives can help you determine what type of investor you are and which investments are appropriate for your investment style.

*Please note: investment returns are not guaranteed by the State of Iowa or the US Government and are not FDIC insured. Fixed rates are guaranteed by the issuing investment provider.

 

 

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Investment Earnings

Your potential for earnings largely depends on what type of investor you are and what mix of investments you choose. You have the choice of a variety of fixed and variable rate investments with opportunity for a wide range of potential earnings. Review your investments annually to determine appropriateness for your savings goals.

Fixed rate accounts guarantee a fixed rate of interest. Mutual fund offerings have variable rates of return based on the performance of the funds in the market. The RIC providers have tools to help you determine your investment style based on your savings goals, tolerance for risk, and timeframe for investment. Historical performance of investments for some of the RIC providers may be accessed from the providers and investments webpage; for others, you may contact the providers directly.

 

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Changes

You may update your beneficiary and choose to stop or change the amount of your deductions, investment selection (some provider exceptions) and provider selection (penalties may apply), at any time (see Change Options). Be sure to ask your provider if fees or restrictions apply to investment and provider changes.

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