401(k) Participants:
We are excited to communicate some enhancements to the Cambridge Real Estate Services 401(k) plan arriving in early 2017. We do our best to continuously monitor all benefits we offer to our employees, to ensure we are providing you the best possible options. After considerable review, we have decided to update our 401(k) Provider from Empower to Transamerica Retirement Services. This change will provide you with access to more options and a simpler, lower cost retirement plan administration.
We are targeting mid-January of 2017 to have the transition complete, but stay tuned for more specific details regarding the transition. If you have any questions about the updates coming to the 401(k) plan with Transamerica or the transition, please contact our retirement plan financial advisors, Brett Fisher and Matt Floberg. Also, be sure to watch for communication notices via US Mail and/or e-mail from Transamerica.
Brett and Matt will be available in person at the Cambridge symposium on February 8th, 2017 to review the plan changes, provide advice, and answer your specific questions once the transition is complete. Prior to February 8th, Brett and Matt can be reached at (503) 221-4671 and (503) 221-4610 and or at FlobergFisherGroup@ml.com.
With the updates to our 401(k), your workplace savings plan will become an even better way to plan and prepare for your future!