The blackout period for the transition from Transamerica to Fidelity begins Thursday, March 29 at 1 P.M. Pacific.
Details about the blackout period are detailed below and within the Activity Calendar section (pages 4-5) of the transition brochure mailed to your home.
Because you will be unable to view, direct, or diversify your investments during the blackout period, it is important to evaluate your current investments and carefully consider how this blackout period may affect your retirement planning and your overall financial plan.
If you would like to make any changes to your accounts at Transamerica before the start of the blackout period, please go online to stjoe.trsretire.com or by calling Transamerica at 888-976-8098 before the blackout period begins on March 29, 2018.
| KEY DATES | PLAN ACTIVITY / ACTION STEPS |
| March 29, 2018 | · Deferral and investment election changes will go into blackout for all caregivers.
· Blackout period begins at 1 p.m. Pacific. Last day at Transamerica to: · Check your account balances or request a loan or distribution. · Request an exchange between investment options. |
| March 30, 2018 | · New contributions deducted from your paycheck on or after this date will be directed to Fidelity Investments. |
| April 6, 2018 | · Blackout period ends for contribution and investment elections.
· Log on to NetBenefits.com to set up your username and password and designate beneficiaries for your account. · Enroll in the plan, adjust your contribution amount, and/or change your investment elections at NetBenefits.com. · Day 1 of the automatic enrollment window* – enroll or opt out by May 21 if you don’t wish to be automatically enrolled at 6 percent. |
| April 6, 2018 | · Your account balance(s) will be valued at the close of the market on Friday, April 6 and are scheduled to transfer to Fidelity on Monday, April 9. |
| The week of April 22, 2018 | · The blackout period ends. Call Fidelity at 1-800-343-0860 to confirm whether the blackout has ended. |
If you have any questions concerning this blackout, please contact Fidelity at 800-343-0860.
* Automatic enrollment applies to non-represented caregivers saving less than 6 percent.