Washington State University offers all employees who earn a wage through the WSU Payroll System the option of participating in Voluntary Investment Programs, in accordance with federal and state regulations.  This includes faculty, staff, administrative professional, graduate student assistants, and student and non-student employees.

These accounts allow employees to save additional retirement funds over and above their regular plans (if they are eligible to participate in those plans), including the Department of Retirement System plans (PERS, TRS, LEOFF), the WSU Retirement Plan (WSURP), as well as individuals who participate in the Federal Retirement Plan. Contributions can be made pre-tax to lower today’s taxable income, or post-tax Roth option resulting in the future money not being subject to income tax.

Unlike the regular WSU Retirement Plan and DRS retirement plans, WSU does not contribute to these accounts. An employee may contribute as little as $30 a month, and up to the maximum contribution limits allowed by the Internal Revenue Services (IRS).

The voluntary plans WSU offers are: