Key dates to remember for the TSA transition
Monday, March 07, 2016
CSU Tax Sheltered Annuity (403b) Transition to Fidelity
March 1, 2016:
The last date current payroll contributions were directed to MetLife, TIAA-CREF, VALIC or Fidelity or Voya in your current investment option lineup.
March 7, 2016:
- Participants may enroll or make changes to their contribution amount for the May 1st pay warrant through Fidelity NetBenefits at http://netbenefits.com/calstate or by calling Fidelity at 800-343-0860.
- Early Choice Window Opens. Participants will have the opportunity to elect from the new investment line up. Review the new investments online at http://netbenefits.com/calstate.
- Designate your beneficiaries
March 28, 2016:
Early Choice Window Closes. If you didn’t make an investment election, your contributions will default to one of the Vanguard Target Retirement Date funds (based on the year in which you turn age 65).
- Individuals will not have access to the new fund line between March 28, 2016 and March 31, 2016. Access to the fund line up will resume on April 1, 2016.
April 1, 2016:
Participants may begin to transfer account balances from their current vendor to Fidelity should they choose to. For more information contact Fidelity at 800-343-0860.
Read the related news article CSU Tax Sheltered Annuity (403b) Transition to Fidelity Workshop