1) Designate Your Beneficiary - If you have not already selected your beneficiaries, or if you have experienced a life-changing event such as a marriage, divorce, birth of a child, or a death in the family, it’s time to consider your beneficiary designations. Fidelity’s Online Beneficiaries Service, available through Fidelity NetBenefits^®, offers a straightforward, convenient process that takes just minutes. Simply log on to NetBenefits^® at www.netbenefits.com/uofm and click on the “Profile” link, then select “Beneficiaries” and follow the online instructions. If you do not have access to the Internet or prefer to complete your beneficiary information by paper form, please call the Fidelity Retirement Benefits Line at 1-800-343-0860.

2) Choose Your Investment Funds - We encourage you to take an active role in the University of Michigan Retirement Savings Plans and choose investment options that best suit your goals, time horizon, and risk tolerance. If you do not select specific investment options in the Plan, your contributions will be invested in one of the Fidelity Freedom^® Index Fund Premier Class with the target retirement date closest to the year you might retire, based on your current age and assuming a retirement age of 65, at the direction of the plan sponsor. Target Date Funds are an asset mix of stocks, bonds and other investments that automatically becomes more conservative as the fund approaches its target retirement date and beyond. Principal invested is not guaranteed.

A Roth contribution to your retirement savings plan allows you to make after-tax contributions and take any associated earnings completely tax free at retirement - as long as the distribution is a qualified one. A qualified distribution, in this case, is one that is taken at least five tax years after your first 401(a) contribution and after you have attained age 59½, or become disabled or die. Through automatic payroll deduction, you may contribute between 1% and 50% of your eligible compensation as designated Roth contributions, up to the annual IRS dollar limits.

Find more information online within the "Plan & Learn" drop down and "Learn" section of NetBenefits^®.

To help you meet your investment goals, the Plan offers you a range of options. You can select a mix of investment options that best suits your goals, time horizon, and risk tolerance. The many investment options available through the Plan include conservative, moderately conservative, and aggressive funds. A complete description of the Plan’s investment options and their performance, as well as planning tools to help you choose an appropriate mix, are available online.

Fidelity’s online planning tools are designed to help you manage your assets as you plan for retirement.

Fidelity representatives are regularly on campus and available for one-on-one consultations to assist you with asset allocation, investment information, account questions and more. To schedule an appointment, call 1-800-642-7131, Monday through Friday, 8 a.m. to midnight ET, or visit http://getguidance.fidelity.com.

You also have access to Fidelity Representatives through the Ann Arbor Investor Center.

Fidelity Investments Ann Arbor Investor Center 500 East Eisenhower Parkway
Suite 100
Ann Arbor, MI 48108
Phone: 1-800-624-2286
Hours: 8:00 a.m.— 5:30 p.m.
Monday through Friday

Investor Center products & services are offered beyond your employer sponsored retirement plan.