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It’s Time for Retirement Choice

Retirement Choice is here for eligible support staff. From March 18 – April 15, 2011, support staff members have a one-time opportunity to choose how to accrue future retirement benefits beginning July 1, 2011. There are two options:

  • Option 1: Support Staff Pension Plan and Staff Voluntary 403(b) Plan (the current plan(s))
  • Option 2: Johns Hopkins University 403(b) Plan (the new plan) Wondering if you are eligible for Retirement Choice? See our eligibility matrix for more information.

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Tags: Retirement Choice, Retirement

Steps for Making Your Retirement Choice

There are several important steps that need to be completed by April 15, 2011 if you are eligible for Retirement Choice. More...

Tags: Retirement Choice, Retirement

Choosing an Investment Company for 403(b) Plan Contributions

If you are a choice-eligible support staff member, you will need to make a retirement vendor selection for the new 403(b) Plan during the Retirement Choice Period, which is March 18 – April 15, 2011. There are several retirement vendors available to you: American Century, Fidelity, TIAA-CREF, Vanguard, and VALIC (as long as you are a current participant). Here’s a summary of each. More...

Tags: Retirement Choice, Retirement

VALIC No Longer Available to New Investors After June 30, 2011

In an effort to streamline the number of investment products offered to 403(b) plan participants, the university will no longer offer VALIC's investment products to new investors after June 30, 2011. Participants who invest in VALIC prior to this date can continue to contribute to Valic More...

Tags: Retirement

Try Out the Retirement Choice Tool

For eligible support staff, one of the most important tools for making your Retirement Choice decision is the online Retirement Choice Tool, which goes live on March 18. The Retirement Choice Tool is pre-populated with participants’ personal data, which includes age, base salary, date of hire, accrued balance in the Support Staff Pension Plan as of June 30, 2010 and Staff Voluntary 403(b) Plan balances as of February 28, 2011. It then projects future retirement benefits under each option. If you're eligible for Retirement Choice, you may access the tool by visiting benefits.jhu.edu/mychoices More...

Tags: Retirement Choice, Retirement, Choice Tool

Deadline to Submit 2010 FSA Expenses is April 30th

Remember, you only have until April 30, 2011 to file claims for reimbursement of your 2010 FSA expenses. If WageWorks does not receive your claim by April 30, you forfeit any money that remains in your account. To file your claim, go to www.WageWorks.com. More...

Tags: Flexible Spending Accounts