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.
- 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.
August 6th, 2020