We are pleased to announce enhanced features will soon be implemented for UNM’s voluntary 403(b) and 457(b) Retirement Plans. A new online tool, Retirement@Work, is tentatively scheduled to be available on or about Jan. 14, 2019 for all active (non-student) UNM employees. The new Retirement@Work online tool will replace the current Retirement Manager system. You will still be able to choose the payroll deduction amount you wish to save each pay period.
The new management tool will allow you to:
- Choose investment providers
- Make changes to payroll contributions and investments
- Explore plan options including rollovers, transfers, loans and withdrawals
As we make progress on this change, we anticipate that Dec. 13 will be the last day to submit changes through Retirement Manager. From approximately Dec. 13 through Jan. 13, 2019, you will not be able to change your contribution amount or enroll in the plans. During this brief “blackout” period, contact your investment provider directly to access your account, request fund transfers, update your beneficiary or review investment performance.
More information and details about the transition to Retirement@Work, contact UNM Benefits at firstname.lastname@example.org or 505-277-6947.