SURS Self Managed Changes 2020

Do you have a SURS Self-Managed Plan?

If you do, you need to be aware of upcoming changes.

Highlights of the changes:

VOYA is taking over as the Record Keeper of this Retirement Plan

Current holdings with a few exceptions are being brought over to VOYA and invested into the new default investment option.

Exceptions:

TIAA traditional Annuities will not move over to the new record keeper at this time.
Fidelity MIP Class 2 holding will not transfer in August but, will move later in 2020.

The change will take place during the blackout period from August 14th to September 1st.

SURS has published a recorded webinar that goes more in-depth on the changes that are coming.

If you have any questions about the impact to you and your retirement plan, please let me know, and we can schedule a meeting to discuss your financial situation.

John B. Bennett, CFP®

john@boyersappenfield.com

August 6th, 2020