In June 2024, Drake employees will have the option to enroll in a Roth IRA, administered by our 403(b) partner, TIAA.

A new federal law recently enacted, the SECURE 2.0 Act, has brought about substantial changes to retirement account rules in the United States. Although these changes require employers to make a Roth IRA available to certain high-paid employees, Drake has decided to make it available to all eligible employees.

To learn more about how you can make Roth contributions to Drake’s Voluntary Retirement Plan, click here Additionally, please plan to attend an on-campus presentation provided by Drake’s new TIAA field consultant on Friday, May 3.

— Marlene Heuertz, Human Resources