Your Investment Options are Changing
The City of Baltimore recently assessed the investment options in the Retirement Savings and Deferred Compensation Plans and identified opportunities to enhance our offerings for greater value.
Addition of new Investment Options
Your Plan is offering the following new investment options for you to consider as a part of your retirement planning portfolio.
Nationwide Indexed Principal ProtectionSM*:
Protect and grow your money with a powerful new investment option that can help provide confidence through unstable market conditions by offering:
- Principal investment protection from market declines
- Potential for growth based on market increases
NCIT American Funds Lifetime Income Builder Target Date Series:
A series of target date funds (each structured as a collective investment fund), designed to help optimize growth potential, and when the time comes, generate guaranteed income that will last a lifetime.
Both investment options will be added to your Plans on May 12, 2023.
How to learn more
Attend one of the upcoming educational workshops below.
Location:
City Union of Baltimore
2117 N. Howard Street
Baltimore, MD 21218
Location:
1410 Bush Street
Baltimore, MD 21228
In-Person Location:
Fraternal Order of Police Lodge #3
3920 Buena Vista Ave.
Baltimore, MD 21211
In-Person Location:
Baltimore Firefighters Union Hall
1202 Ridgely Street
Baltimore, MD 21230
