Broker Check

SURS Self Managed Changes 2020

Do you have a SURS Self-Managed Plan?

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: 

  1. TIAA traditional Annuities will not move over to the new record keeper at this time. 
  2. 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