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Guiding you through the Vanderbilt University 403(b) Retirement Plan benefits

The following summarizes the administrative updates to your Vanderbilt University
403(b) Retirement Plan. Please review carefully to understand all the updates in process and any action you may need to take.

Saving for retirement is about to get easier

Vanderbilt University and Medical Center are pleased to introduce a new simplified structure to help faculty and staff members build a diversified retirement savings portfolio in the Vanderbilt University 403(b) Retirement Plan (the "403(b) Plan"). Beginning in April 2015, you'll have the option to invest your contributions in a streamlined selection of funds or set up a self-directed brokerage account to invest in your choice of additional mutual funds. Fidelity Investments will become the sole provider of administrative services, meaning that no matter how many funds you choose, you'll get one statement and have one place to go to manage your account and get retirement planning guidance.

The transition to Fidelity and new investment lineup will take several months to implement. This site will be updated throughout the transition and will provide you with the latest information, key dates, and action steps to take. This site is available virtually 24/7 and is a valuable resource for you. Now is a great time to take a closer look at the benefits your Plan offers.

View all key dates

Here is what you need to do

1. Choose your investments in the new investment lineup for future contributions.

2. Designate your beneficiaries.

3. Schedule a one-on-one consultation.