Tag: transamerica

Retirement planning essentials sessions set for April 17 and 18

Retirement planning consultant (RPC) from Transamerica will be on campus April 17 and 18 to assist employees and answer questions.

These experienced professionals can help employees:

• Enroll in a plan

• Review and understand their Retirement Outlook®

• Determine contribution rate and investment mix

• Learn how life events — such as marriage, children, and buying a home — could impact retirement strategy

• Improve overall financial wellness

Join an in-person group meeting on April 17 regarding Retirement Plan Essentials at 10 a.m. in Main Building, Room 311.

Join an in-person group meeting on April 18 regarding Get Ready to Retire at 10 a.m. in Main Building, Room 311.

Schedule a no-cost, no-obligation individual appointment with a Transamerica RPC on April 17 or 18 from 9 a.m.-4 p.m. Use this link to schedule an appointment: Transamerica online presence – Schedule a Appointment (timetrade.com).

Need financial guidance? Speak with a Transamerica retirement consultant 

Transamerica retirement plans offer complimentary access to a retirement planning consultant (RPC) who can review personal retirement strategies and discuss other financial goals. These experienced professionals can help individuals: 

  • Enroll in the plan
  • Review and understand Your Retirement Outlook©
  • Determine your contribution rate and investment mix
  • Learn how life events — such as marriage, children, and buying a home — could impact your retirement strategy
  • Improve your overall financial wellness

Even if retirement is years – or decades – away, having a smart strategy starts today.

To schedule a no-cost, no-obligation appointment with a Transamerica Retirement Planning Consultant at a time convenient for you (between Oct. 31 and Nov. 11), 

click this link: https://bit.ly/3dUwL1P

Webinar available to learn more about Medicare and retirement options

A healthy 65-year-old couple retiring this year could need about $16,000 a year to cover healthcare expenses during the course of a 24-year retirement.* That’s why figuring out healthcare coverage for retirement, including Medicare options, is such an important part of retirement planning. Transamerica can help explain the “A, B, C, Ds” of Medicare and how to create healthcare strategy.

To watch the webinar, click here:

https://register.gotowebinar.com/recording/5470743663463236355

To make an appointment to discuss Medicare and retirement options, click here:

https://register.gotowebinar.com/recording/5470743663463236355

Transamerica planning consultants available by appointment

With the Transamerica retirement plan, OLLU employees have access to a financial professional who can discuss their retirement strategy. A Transamerica retirement planning consultant (RPC) can help employees:

  • Enroll in the plan
  • Review and understand Your Retirement Outlook
  • Determine contribution rate and investment mix
  • Learn how life events, such as marriage, children and buying a home could impact retirement strategy
  • Improve overall financial wellness

Even if retirement is years – or decades – away, having a smart strategy starts today.

Schedule an appointment with a Transamerica RPC from Feb. 14-22 by clicking here: https://bit.ly/3Fa8Kes

Transamerica update

Transamerica is the record-keeper for the Our Lady of the Lake University retirement Plan. This has not changed. 

Employees may have recently received a Summary of Material Modification to announce Millennium Trust Company replacing Transamerica only as the provider of the Automatic Rollover IRA. This applies to employees who have separated from OLLU. For a terminated participant with a balance over $1,000 and under $5,000, if they do not make an alternative election within a period after termination, their balances automatically roll over to an IRA.  Going forward, that IRA will be with Millennium Trust Company.

OLLU understands that there may have been some confusion surrounding this announcement. It is an update to the Summary Plan Document.  Therefore, it must be sent to all eligible plan participants. 

For questions or additional information, contact Diana Ramos, Benefits Manager, at diana.ramos@ollusa.edu or at ext. 3920.