Retirement Plan – FINAL Group Meeting

Retirement Plan Changes
As we previously announced, Huntington University has joined with other member institutions from the Independent Colleges of Indiana (ICI) to establish a single retirement plan called a 403(b) Multiple Employer Plan (MEP).

Financial advisors from Millennium Advisory Services will be on campus soon to hold group meetings to present important details about the MEP, including new investment options and enhanced services available to all employees.

Your Next Steps
Attend a Group Meeting – Led by financial advisors from Millennium. The FINAL group meeting will be held in the LIBRARY CONFERENCE ROOM – 2nd Floor on Tuesday, February 25, at 12:00 p.m.

Based on the significance of the upcoming changes in our retirement plan and new options available, your attendance at a group meeting is highly encouraged. Details will be provided regarding:
• What the 403(b) Multiple Employer Plan is
• Why Huntington University has chosen to adopt the MEP
• A look at the new 403(b) MEP features
• Timeline of when the changes will take place, what to expect and how the retirement plan will work going forward
• Decisions that must be made by all active retirement plan participants
• New investment menu & options available to guide you throughout the process

You will have the opportunity to sign up for an individual appointment with a financial advisor at the group meetings. Financial advisors from Millennium will be available during February to meet privately with employees to answer questions about the change, offer financial planning, provide counseling and advice, and the optional Managed Account Solution.

UNABLE TO ATTEND IN PERSON:
If you are unable to attend in person but would like to join remotely, the link, meeting ID, and Password are listed below. If you plan to join remotely, I would recommend trying the link to make sure your system supports Zoom and, if you have any issues, contacting the Help Desk for further assistance by email: helpdesk@huntington.edu

Meeting link
Meeting ID: 824-114-857
Meeting Password: 419405

We realize that there will be questions related to these changes and ask that employees attend a group session before making inquiries with the Office of Human Resources.