Now is a great time to consider an exciting new career at the Johns Hopkins Health System. Some of these expenses are fixed and other expenses may vary from year to year. Enroll in the plans, view your account balances, and update your voluntary contribution amount and/or investment vendors. The personalized services used most often are: $25 annual loan maintenance fee per active loan, assessed Annually. Autonomy. Check your balance, designate your beneficiary, or manage other tasks as you pursue your retirement goals. Visit the JHU Retirement Enrollment Page Opens in a new windowto get started. 403(b) Plan View plan details Income Deferral 403(b) Plan for Residents, Interns & Postdoctoral Fellows View plan details Take charge of your future today. Unless otherwise specifically stated in . To recap, here's what you'll want to think about when you enroll: Think how long your retirement savings will need to last. Mutual funds offer systematic withdrawals. ", Addressing specifics, Conway said, "Employees will have their investments moved from funds that are no longer available to a default fund. Johns Hopkins Health System Corporation 403(B) Plan - 403b information & discussion. M2FhZmYwNmI0MGQzYWMyZjlkNDAwZTQwOGQ5NDViMWJmZmE1NjBiNDMzM2U0 Call 855-712-0562 or schedule an appointment. TIAA has developed resources to keep you informed and on track. ZmQ4YjdiZGEzNjZhZTNlMzcwZGM0ZTc4OGIwMTI4NGZkZDFlYWRjZDYxYWY4 How can I see my accounts and perform transactions online? Learn about privileges and perks. Learn about Johns Hopkins University's retirement savings and planning services and support for employees and retirees. Estimate how long your retirement savings may last. Name Conservative (%) Moderate (%) Aggressive (%) At that time investments were limited to annuity contracts. Regular contributions are then made by the Employer, the Participant, or both. Call us N2RmMTE3NDM0MGE5NWU1OWE5ZTUzZWI0ZTU3ZTZlODFmZDg0MTgxZDUxYmE5 Otherwise, mutual funds and annuities are treated very similarly when offered as part of your employers retirement plan. M2M4N2UxZTcwNWUyNzZhMjMxNzBkMDBkNGQ0ODAyOTkyOTkzYjY5ZDI5YWI2 All Transamerica companies identified are affiliated. ZWViZjQ5NGJhYzNmOWE0OTFiMmI1MjhhZTRmNzU4ZGIxMTJiNjEwMjg5NmMx As for income options, annuities offer you the opportunity for lifetime income with or without guaranteed payments for a fixed time period*. Learn more: Vaccines, Boosters & Additional Doses | Testing | Patient Care | Visitor Guidelines | Coronavirus. Each of the foregoing is solely responsible for its own financial condition and contractual obligations. The complaints are nearly identical to those filed against MIT, New York University, Yale and Duke University, alleging that instead of using the plans' bargaining . If you need a new PIN, please contact Customer Service at 800-755-5801. An annuity is an insurance contract with one or more fixed-rate and variable investment options. Visit our Financial Wellness Center for quick lessons on topics designed to help you live your best financial life. Contributions to this account will be 100% vested immediately. Oct 8, 2020. Get professional advice to help you save and invest for your future. ZGJmNzE4YWMyODY3NDMwMTIwYWM2YjNhN2MxYjUzMTVmYzBmNWM3YWM0MzBl If you have an online account, please have your login information available. Vesting refers to your ownership of your Plan account. They offer several payment options, including lifetime income. For more information about the terms of your individual contract, contact your plan sponsor or financial advisor. These frequently asked questions and answers provide general information and should not be cited as authority. You'll receive up to 2 msg/month and can opt out at any time by texting 'STOP' to 21299. 1101 EAST 33RD STREET, SUITE A222. ZTRmYWJkN2JlZmFlZTNhOGQ0MzFjODE3OGZmZmY1MzM4YzM5MTQ5MDhlMjdl When forecasting the probability of achieving your income goal, the model employs different returns for different asset classes, based on Morningstar Investment Managements capital market assumptions developed using historical and forward-looking data. Then, determine your comfort level with risk and reward. Teachers Insurance and Annuity Association of America is domiciled in New York, NY, with its principal place of business in New York, NY. General Participation Contributions Plan Investments Loans and Distributions There are a number of important differences between mutual funds and annuities when they are offered under a retirement plan. Both options receive favorable tax treatment under the plan. The mutual funds chosen for your retirement savings plan provide the opportunity to focus on specific market segments - all of which offer varying degrees of risk and reward opportunities. Call the JHU Retirement Center at TIAA at 888-200-4074. YTZjODkzYjUzZTM1MmY4ODFjMGE0OTY0ZDk4YjA4NDdlN2VkNjExNDZhMDkx An advantage is that your contributions and earnings may be eligible to be tax-free at retirement. This material does not take into account any specific objectives or circumstances of any particular investor, or suggest any specific course of action. No, there is no tax advantage to owning variable annuities or mutual funds in your TIAA-funded retirement plan. You can receive the current interest earned on your TIAA Traditional Account in monthly payments. Johns Hopkins University 403(b) Plan, Vanguard - 403b information & discussion. If you believe Wordfence should be allowing you access to this site, please let them know using the steps below so they can investigate why this is happening. Affordable Health, Vision, and Dental Insurance Plans Vacation & Sick Time; plus 3 free days, and 7 paid holidays Fees should be just one factor in your decision-making process since the lowest cost option may not be the best one for you. Loans are available from a minimum of $1,000 to a maximum of $50,000 from each employer that you are eligible to take a loan from. Apply today at CareerBuilder! IMPORTANT INFORMATION - Please download and read, Please download and review the Transamerica Retirement Advisors, LLC Form CRS. While you are employed by the university, you may withdraw any of your interest in the Plan (including university contributions and earnings) after you reach age 70 . Prior to rolling over, consider your other options. To qualify you must be totally and permanently disabled, and the deferrals and earnings must have been credited to your plan on or after January 1, 1989. What is the difference between a mutual fund and an annuity? Our 403(b) plan is administered by Transamerica. Like 457 Plans, the catch-up limits for 403(b) plan participants aged 60 to 63 will increase to the greater of $10,000 or 150% of the "standard" catch-up amount for the relevant tax year . Prior to rolling over, consider your options. In addition to all personal information you have inputted into your Retirement Profile, Advice Services Profile, or your Managed Advice Profile, and, if applicable, any retirement plan information that Transamericas record keeping system maintains such as account balance, contribution rates, asset allocation and retirement plan information, the probability illustrations contemplate tax rates, retirement needs, social security, and future cash flows. Your plan may distribute your entire balance if the value does not exceed $2,000. JHU conducting a review of its 403(b) retirement plans, 3910 Keswick Rd., Suite N2600, Baltimore, MD. JHUs retirement plans reward you for your contributions and help you build toward future financial security. Your access to this site was blocked by Wordfence, a security provider, who protects sites from malicious activity. Over the course of your career, that's how much it may take to potentially generate the income you need for retirement. These assumptions are adjustable by you or by your employer if you are in an employer-sponsored retirement plan. This fee will be deducted proportionally from each investment in your account Quarterly and identified as "TIAA Plan Servicing Fee" on your statements. Start with easy recipes, videos, and tips from the Transamerica Center for Health Studies. You will need your Social Security Number and PIN. YzMwZGU2ZTZhZjllZjY3YzBlZDVmZjNmMzM3NTA5YjZhNjc3YTFlN2YyZTUz Ordinarily, you would receive contributions from the university beginning at age 35 or if younger than 35 when you have completed two years of service. What are the benefits of owning mutual funds? You are always 100% vested in all contributions, including those from the university. This practice is called "revenue sharing". Its California Certificate of Authority number is 6992. You may also review your existing accounts and make transactions online by logging into your secure account. Annuities are designed for retirement and other long-term goals. This is only if the Johns Hopkins University retirement plan accepts rollovers. Company. Call the JHU Retirement Center at TIAA at 888-200-4074. Your selected retirement year (and your spouse/ partners retirement year as applicable) can vary the withdrawal sequence determined by the engine. Text 'HELP' for Help. Want to make a difference over the long haul? Log in and get going. YmYyNTcwMDljY2QzNTA0NDEyZjg3NGI5NjcxNTQwZDA4NTA3ODRiYzUyNDk0 Equal Housing Lender. Many participants enjoy the diversity of investing in mutual funds in their retirement plans. The University of Miami, Coral Gables, Fla., has agreed to pay $1.85 million to settle claims by participants in the university's 403 (b) plan and four other defined contribution plans that the . Learn ways to save and invest to help you prepare for your retirement. The illustrations are generated according to models developed by Morningstar Investment Management LLC, a leading independent provider of asset allocation, manager selection, and portfolio construction. The Internal Revenue Service recently announced the annual 403 (b) limits for 2022. Find more COVID-19 testing locations on Maryland.gov. TIAA has partnered with Notarize.com (www.Notarize.com/TIAAOpens in a new window) to offer a digital and secure way for you to fulfill notarization requirements for your forms. Graduate & new-to-specialty training. 443-997-3759. Other benefits may be available, such as pre-tax and tax-deferred contributing, which could help maximize your savings. Important information about consolidation:Transfer specialists are registered representatives of Transamerica Investors Securities Corporation (TISC). Each offers employees a tax-advantaged way to save for retirement. To increase your savings even further, the Health System added (through December 31, 2008) matching credits to your benefit under the JHHSC Retirement Plan, based on the amount that you contribute to . Please contact the Transamerica Retirement Consultant at 443-801-9022 to confirm dates, times and conference rooms at these locations: Home Care GroupEvery 2nd Monday and 1st Tuesday of the monthClinical Managers Conference Room. You'll receive notices of new statements, plan documents, and important account alerts through your email. This will help guide which investments you choose. NmI0NjMwN2EyMjM0MDc3NmE1MTQ4OGUzY2IyZTM0OGQzYTk1Mjc1YTQzNjQ0 Johns Hopkins University offers this plan as part of workplace benefits. While you are still employed by the university, you may withdraw your employee contributions from the Plan, and investment earnings on those contributions, at any time after you reach age 59. Do not sell/share my personal information. The U.S. District Court for the District of Maryland has granted in part and denied in part defendants' motion to dismiss an Employee Retirement Income Security Act (ERISA) lawsuit targeting the 403(b) plan of John Hopkins University. 10. See the Summary Plan Description for additional information on the universitys 403(b) Plan. You must be fully terminated; including from any part-time, limited-time, visiting, and casual-on-call positions. Our customer care team is available Monday through Friday, 8 a.m. 9 p.m. Mortality assumptions are based on the Society of Actuaries tables. 1Annuities are designed for retirement savings or for other long-term goals. TIAA-CREF Lifecycle Retirement Income Fund Institutional Class TLRIX: was added by thomasj.sullivan: 12/1/2014 10:14:19 AM: TIAA-CREF Small-Cap Equity Fund Institutional Class . Vanguard Target Retirement 2055 Fund Investor Shares: VFFVX: was added by thomasj.sullivan: 12/1/2014: Remove: Vanguard Target Retirement 2060 Fund Investor Shares: Johns Hopkins University 403(b) Plan, TIAA-CREF - 403b information & discussion. If you have investments that revenue share, you'll receive a credit based on your average daily balance. N2E0ZjIzN2QzNWZkNTJlNDEwMDAxODNjOGRkMWJkNWI0ZGEzZTIyNDUzOTFl Research indicates that a more streamlined approach with fewer fund choices makes retirement planning easier and more effective for employees. Call 855-712-0562 to speak with a retirement plan specialist and learn more. Represented Employees 403(b) Plan, The Johns Hopkins Health System Corporation 403(b) Plan, Transamerica Retirement Advisors, LLC Form CRS, Click "Dashboard" under the Investments menu on the top, Explore your options to create a profile, enter your retirement goals, and, Click "Beneficiaries" under the My Plan menu on the top, From here you can name or update beneficiaries on your account, Click "e-documents" under the Documents & Forms menu on the top. This plan allows you to receive a cash withdrawal. The committee serves as the university's named fiduciary, which means it is required by law to make decisions about the retirement plan while acting solely in the interest of the plan's participants. Log in and take a minute to choose, review, or update your beneficiaries. When you leave your employer, you may be eligible to withdraw your retirement savings. Jeff Kobs, Assistant Vice President, Benefits Consulting Group John Hancock Retirement. You have options. NTFkZGViMDI5Yjg0OGJjZjUxNDAxMzA4ZmJkZTI1NTgxNDJhNWZlMjQ3ZGRk Roth contributions are made on a post-tax basis, which means your taxable income is not reduced. This material is for informational or educational purposes only and does not constitute fiduciary investment advice under ERISA, a securities recommendation under all securities laws, or an insurance product recommendation under state insurance laws or regulations. MTY0MWI3MDM4MDNmZTRjZTVkOGQzOGI5MDY3OTQxNGM3N2UwZGMzMDFhMjRi NTY3NzFjOTVjYTc3ODAyN2U0MjI0OGJhYjRlMzAwMzg3NTI3MmExYjNlY2Ey In addition, for more information on fees and investments, refer to "Mutual Funds and In-Plan Annuities" via TIAA.org/performanceOpens in a new window which is a good source for additional plan and investment-related information. You can: Speak with a retirement plan specialist to review your options. I have a form requiring notarization. MjhlZDg0ZDUxMWY4MzJlNmZmYjI1MTVjYTA0MWFlN2RiYmI1ODJiMDE1Mjk4 Tme management skills. However, payments from CREF and TIAA variable annuities are not guaranteed and the payment amounts will rise or fall depending on investment returns. Results may vary with each use and over time. TIAA has partnered with Notarize.com (www.Notarize.com/TIAAOpens in a new window) to offer a digital and secure way for you to fulfill notarization requirements for your forms. YzE4NGMxZTI5ODQzZDkxYmMxMmMwZWM1NWRlMjQ2ZGJhNTc2NjNiMDU5NWU3 Once logged in, you'll be taken directly to the desired page. If you have not turned 72 by the end of 2022, the IRS requires these distributions from certain retirement accounts annually when you reach age 73. Even if you don't contribute at all, you still get the 4% or 8%. Learn about The Johns Hopkins Hospital 401K Plan, including a description from the employer, and comments and ratings provided anonymously by current and former The Johns Hopkins Hospital employees. Find out if you'reOnTrack for a sunny retirement. If your employer offers to match your contribution, make sure you save enough to trigger that match. Fees and expenses have always been part of a retirement savings plan-some fees are associated with the administration of the plan and may be covered by your employer, while others are paid by you based on the specific investments and services you choose. We realize the enrollment process requires making tough decisions. Vesting refers to your ownership of your Plan account. However, diversification doesn't guarantee against loss. 4.0. People are living longer than ever. It's not a match. ZjIwNDI5YmIwMzE1YjkwYmVlNTkwZjMxYzQ5MGVmNTNiMTc1NjZmZWYzNDk1 While you are employed by the university, you may withdraw any of your interest in the Plan (including university contributions and earnings) after you reach age 70 . You can also contact us online. Teachers Insurance and Annuity Association of America is domiciled in New York, NY, with its principal place of business in New York, NY. . After two years of full-time or part-time service, you are eligible to receive matching university contributions of 20% on the first 3% of base salary that you contribute. Investment, insurance and annuity products are not FDIC insured, are not bank guaranteed, are not deposits, are not insured by any federal government agency, are not a condition to any banking service or activity, and may lose value. Typically, a Company Sponsor (Employer) of this type of plan creates an account for every individual Participant. Call Transamericas Customer Service at 800-755-5801. Aim to contribute this much (which can include contributions from your employer, if available) throughout your entire working career. Compare the differences in investment options, services, fees and expenses, withdrawal options, required minimum distributions, other plan features, and tax treatment. ZmQxMjRjOTI2OTU1NTRiYjVlNmM4OTJiNGY4OWYwNWQ1ZGIyMzVjN2U1OTE0 The earlier you start contributing to retirement plan investments, the more you can potentially save. Generated by Wordfence at Sat, 4 Mar 2023 20:32:13 GMT.Your computer's time: document.write(new Date().toUTCString());. JOHNS HOPKINS UNIVERSITY 403(B) PLAN is a DEFINED CONTRIBUTION PLAN. Create an online account to manage your retirement plan. NmQ0ODRlYjQyZjViZjM4OGU5ZmE3NGM4Zjk3MTYxZjZiM2RkNjk2Mzg2ZjM5 *Guarantees are subject to the claims-paying capability of the insurer. Log in; Sign up; 401(k) Guidance; . For assistance with the online enrollment portal, please contact the Johns Hopkins University Retirement Center at TIAA at 888-200-4074, Monday to Friday 8 a.m.-10 p.m. (ET) and Saturday 9 a.m.-6 p.m. (ET). This requirement is similar to one in a settlement announced in April affecting the 403 (b) plan of Vanderbilt University, Nashville. Transamerica has licensed the Morningstar Wealth Forecasting EngineSM from Morningstar, Inc., which is used by Morningstar Investment Management LLC, a registered investment adviser and subsidiary of Morningstar, Inc., in the services it provides to participants. Owning mutual funds can reduce risk through diversification and professional management, and allow you to potentially invest in a broad range of asset classes U.S. and non-U.S. stocks, bonds, and real estate with smaller amounts of assets. A SECURE 2.0 summary of provisions, purpose, and timing. Some asset classes have relatively limited histories; for these classes the models use historical data for shorter time periods. Estimated retirement income used in the probability illustrations are after-tax. The TIAA group of companies does not provide legal or tax advice. Equal Housing Lender. . For more detailed information about the 403(b) plan, including eligibility, contribution limits, vesting, employer matching and payments, download your Summary Plan Description. However, 403(b) plan . For more detailed information, download the summary plan description. Securities are offered through Transamerica Investors Securities Corporation (TISC), memberFINRA, 440 Mamaroneck Avenue, Harrison, NY 10528. See how automated portfolio service,Managed Advice, can help keep you on course to and through retirement. Contribute the maximum annual amount to your retirement savings. How much you can borrow may depend on the amount you currently have in the plan that is eligible for loans and whether you have other outstanding loans. You are eligible to immediately make voluntary pre-tax and/or Roth contributions to the Plan if you are a full-time, part-time, visiting, limited, or casual faculty member. View JHU 403 (b) retirement plan balances and manage contributions Review and change your contribution amounts and investment provider Learn more about the investment options that are available to you Select the myChoices Retirement Enrollment tab from the Benefits & Worklife homepage. ZGI2Y2MwNWNmYmY4YjVlMjc0NWMyMGFhNDI2MTUxNWY5YzBmNzliMzY3YmEw Contact 888-200-4074 weekdays, 8 a.m.to 10 p.m. (ET) to learn more. Click here to view JHH Union Benefits Package! Yzc2YmVhNjI2ZGFiNjNmYzc2ZmMzM2E4ODY5Mzc2ZDYyMmEwNjk3ZWQ0MTVj There are three convenient ways to access and make changes to your Johns Hopkins 403(b) account: Visit Transamericas website at jhm.trsretire.com. TIAA-CREF Life Insurance Company is domiciled in New York, NY with its principal place of business in New York, NY. Current investment options are assigned to asset classes based on Morningstar Categories, and fees and charges inherent in investing are incorporated with an average fee assumption for each asset class. Annuity contracts and certificates are issued by Teachers Insurance and Annuity Association of America (TIAA) and College Retirement Equities Fund (CREF), New York, NY. See how your retirement plan can be a helpful tool for investing for your future. The National Alliance on Mental Illness (NAMI) is t While you are still employed by the university, you may withdraw your employee contributions from the Plan, and investment earnings on those contributions, at any time after you reach age 59. Be sure to consider whether such a transfer changes any features or benefits that may be important to you. NDAxNWQyYzMyYjFhMzg2NDU0MTk3YjJmNTE3ZTY2ZDBiMjY5MjgwZTgxNzI5 YjdkNGJlNzk1NzE3N2FjM2ZjNDk0MjgyYTU1NzU4YWE4MzM1YjQyMmI3Mzhl YTg4ZTE0YTY1N2E5MTEzNWZiZTEzODBiYjBlMzA4MTg5MjBmZmRkNWNiOTg2 Reported by John Manganaro For help and advice, call us anytime at 888-200-4074. OGI2MDhlNWJjMGY5ZDhkMDE3MGMwMzU5NTRjMGMzYzJhNGNhY2QzNzAyMjNi Morningstar Inc. and Morningstar Investment Management LLC are not affiliated with Transamerica. To be clear, for-profit retirement plan sponsors have also been targeted in excessive fee litigation cases. MWZjNDIxMmQ2ZTI1OTI4YTYwYWE3NDE2NTFhMzQ4NTJlMTI0Mjc1NTNhN2Fh Even if your plan doesn't allow cash distributions, you can withdraw your entire retirement savings if your TIAA Traditional Account value does not exceed $2,000 and your overall account balance is below a limit set by your employer's plan (either $1,000 or $5,000). To further accommodate employees, we have scheduled off-site visits to the following locations. 2023 Johns Hopkins University Human Resources, Meet with an Expert from Marsh McLennan Agency. Make Roth contributions that can grow tax-free, Your right to a lump-sum distribution from your TIAA Traditional Account may be restricted to taking periodic payments under the terms of the contract. As of the first quarter of 2016, these 403 (b) plans accounted for $876 billion in assets, compared with $4.75 trillion in 401 (k) plans, according to the Investment Company Institute. "It is important for you to be aware of this review and how it may affect you. If that happens to your investments, you will then have the opportunity to move your money from the default fund to a different fund, if you choose to do so.". Requisition #:518365 Location:Johns Hopkins Bayview Medical Center, Baltimore, MD 21201 Category:Nursing Schedule:Rotating Shift. Our 403 (b) plan is designed to meet the unique needs of educators and non-profit employees across the country. The simulations model tax rules for most taxable and tax-deferred investment accounts. YjhhNGJhOTk4NzZjYTM2MzA1ZTUyZDFjZGI2MmVhN2UxNGYyYjljNjI3ZGQw Payments from variable accounts will fluctuate based on investment performance. Current Employee. For IRAs (other than Roth IRAs), your required beginning date is April 1 of the year following the calendar year in which you reach your RMD Applicable Age. Pension and 403B retirement savings plan ; Exclusive Employee Discounts: Cell phone plans, amusement parks, shopping, hotels, cars, electronics, restaurants and more! Please find more information about your plan's investments, associated fees and documents. As much as we'd all like to live forever (in good health, of course), it's important to plan for the future. Msg & Data rates may apply. The models are subject to a number of limitations. TIAA-CREF Life Insurance Company is domiciled in New York, NY with its principal place of business in New York, NY. The RPIC discovered that while many higher education peers offer fewer than 50 investment fund choices to their employees, JHU has more than 400 fund options. You will need your Social Security Number and PIN. Thus, you should monitor your account regularly and base your investment decisions on your time horizon, risk tolerance, and personal financial situation, as well as on the information in the prospectuses for investments you consider. You must be fully terminated; including from any part-time, limited-time, visiting, and casual-on-call positions. The spend-down order of your accounts is determined by an algorithm and aims to optimize tax exposure (by generally exhausting taxable accounts first then tax-deferred accounts) and Social Security benefits. . You are eligible to immediately make voluntary pre-tax and/or Roth contributions to the Plan if you are a full-time, part-time, visiting, limited, or casual faculty member. Requisition #:616834 Location:Johns Hopkins Hospital Nursing, Baltimore, MD 21201 Category:Allied Health/Clinical Professional Schedule:Night Shift schedule an appointment with a TIAA investment professional or attend a seminar. General administrative services include recordkeeping, legal, accounting, consulting, investment advisory and other plan administration services. Some of our benefits include: Dependent Child Tuition Assistance Educational Assistance Program Two retirement plans: Retirement Income Plan and 403 (b) Savings Plan Johns Hopkins Medicine International helps facilitate the global expansion of the Johns Hopkins Medicine mission by providing patient-centered care for diverse populations and sustainable, innovative collaborations that raise the standard of health care around the world. What are the benefits of owning mutual funds? M2RkZDgyOGY4YmY4NDdiODk5OGUwYmVhZDUzOWFiZjAzMjllYjE0MzJhNTk4 Use this calculator for a quick estimate. Some plans require you to change beneficiaries offline. If you make a withdrawal prior to age 59, you may be subject to a 10% penalty in addition to ordinary income tax. There are plenty of options and every investor is different. Annuity contracts and certificates are issued by Teachers Insurance and Annuity Association of America (TIAA) and College Retirement Equities Fund (CREF), New York, NY. YTk2YzdlOWNlMWJiZWI3M2YzYTdkYjU4NmUxMzQyMWE5OTI4MzRlN2M1OGMy Your dedicated retirement planning consultants From navigating financial decisions today to creating a smart strategy for tomorrow, your Transamerica retirement planning consultants are here to assist you. The record-keeping restrictions are similar to those in settlements involving 403(b) plans from Johns Hopkins University, Baltimore, which agreed to pay $14 million, and Vanderbilt University . ZDdhNjg4YTI1NjcwYTQ4ZGRhNDhlYjA3ZTQ1ZTExYWZiMGIzYWUwNzJkNjRl It is possible to lose money by investing in securities. Please consult your legal or tax advisor. Call our customer care team at 800-755-5801 for help with your Transamerica retirement account. The CARES Act which aims to provide relief for those financially impacted by the crisis includes provisions that may allow more flexibility in accessing retirement assets for those who qualify. All investing is subject to risk. Deposit and lending products and services are provided by TIAA Bank, a division of TIAA, FSB. The mutual funds chosen for your retirement savings plan provide the opportunity to focus on specific market segments - all of which offer varying degrees of risk and reward opportunities. Member FDIC. Many financial planners estimate that youll need 80-90% of your pre-retirement income to maintain your lifestyle in retirement.