While you are employed by the university, you may withdraw any of your interest in the Plan (including university contributions and earnings) after you reach age 70 . Pension and 403B retirement savings plan ; Exclusive Employee Discounts: Cell phone plans, amusement parks, shopping, hotels, cars, electronics, restaurants and more! These costs are allocated to each participant in a uniform way. Many employers offer contribution matching. When you enroll online, you create an individual account where you can view your balances, change your investment mix, make transfers and other transactions. If you have not turned 72 by the end of 2022, the IRS requires these distributions from certain retirement accounts annually when you reach age 73. 443-997-3759. See how your retirement plan can be a helpful tool for investing for your future. You are always 100% vested in all contributions, including those from the university. Roth contributions are combined with pre-tax contributions and are subject to the same IRS maximum limits. An annuity is an insurance contract with one or more fixed-rate and variable investment options. TIAA Traditional is a guaranteed insurance contract and not an investment for federal securities law purposes. Ordinarily, you would receive contributions from the university beginning at age 35 or if younger than 35 when you have completed two years of service. Log in and take a minute to choose, review, or update your beneficiaries. The TIAA group of companies does not provide legal or tax advice. The Internal Revenue Service recently announced the annual 403 (b) limits for 2022. ZGI2Y2MwNWNmYmY4YjVlMjc0NWMyMGFhNDI2MTUxNWY5YzBmNzliMzY3YmEw In a recent Issue Snapshot about how the annual limit on retirement plan contributions under Section 415(c) of the Internal Revenue Code ("Code") applies to 403(b) plans, the IRS revealed that it expects 403(b) plan sponsors to maintain procedures to inform employees about Section 415(c)'s special aggregation rule for 403(b) plans and to . Explore these interactive tools and resources developed in collaboration with the American Heart Association. All Transamerica companies are affiliated, but are not affiliated with your employer. 2023 Transamerica Corporation, Change how much you invest for the future. Withdrawals of earnings are subject to ordinary income tax plus a possible federal 10% penalty if made before age 59. See below. Simply log in for more information. Or you can decide to receive income for a certain number of years or take a cash withdrawal (depending on your plans provisions). Through JHU's myChoices Retirement portal, you can enroll, view your current plan, make changes to your contribution, or otherwise manage your JHU retirement savings at any time of the year. Fees should be just one factor in your decision-making process since the lowest cost option may not be the best one for you. The Johns Hopkins University 403(b) Plan is a defined contribution, individual account, employee pension benefit plan under 29 U.S.C. Please consult your legal or tax advisor. MWZjNDIxMmQ2ZTI1OTI4YTYwYWE3NDE2NTFhMzQ4NTJlMTI0Mjc1NTNhN2Fh The probability illustrations assume both retirement at the age at which you qualify for full Social Security benefits and an annual retirement income goal of 80% of your projected final working salary. You have options. Review your 403(b) plan eligibility and learn more about the plans by visiting our Current Employees retirement page. About the Plan TIAA-CREF Individual & Institutional Services, LLC, Member FINRA, distributes securities products. However, 403(b) plan . Direct rollovers - from one account to another - are nontaxable and not reported as income to the federal government. The model does not consider other asset classes such as hedge funds or private equity, which may have characteristics similar or superior to those used in the model. Consider adding annuities1 to your retirement plan so you can create a foundation of guaranteed monthly income for life when you stop working. Want to make a difference over the long haul? N2NkMmQ0MWQxMTY0NDA0MTJiODFmYWJjMDMwMmZhZjQzMTM2MTY3ZmYxZWVh Call 855-712-0562 or schedule an appointment. Some asset classes have relatively limited histories; for these classes the models use historical data for shorter time periods. In addition, JHU has three vendors through which employees can make investments and which keep records of employees' investments, while other organizations have one or two vendors in this role as recordkeeper. NTY3NzFjOTVjYTc3ODAyN2U0MjI0OGJhYjRlMzAwMzg3NTI3MmExYjNlY2Ey . Our 403 (b) plan is designed to meet the unique needs of educators and non-profit employees across the country. Get details on retirement eligibility, what happens to your benefits when you retire, and the cost of health care in retirement. YjRhNTMxYmY4ODQzNmUwYTNkMDIzNTU2NjQ0Yjc4M2JlZmE3ZGU5NThlMTYx ZjIwNDI5YmIwMzE1YjkwYmVlNTkwZjMxYzQ5MGVmNTNiMTc1NjZmZWYzNDk1 MDIxZTRlYTE3NmVmOGFhOWYzYTg3YzU0NDI5OGUwOGNiMjk0OWEyMjNiOGRl Even if your plan doesn't allow cash distributions, you can withdraw your entire retirement savings if your TIAA Traditional Account value does not exceed $2,000 and your overall account balance is below a limit set by your employer's plan (either $1,000 or $5,000). This requirement is similar to one in a settlement announced in April affecting the 403 (b) plan of Vanderbilt University, Nashville. You can make pre-tax and/or Roth contributions to the Plan each pay, from a minimum of $15 per month up to the annual maximum established by the IRS ( $22,500 in 2023). Who would benefit most from owning mutual funds? If you're gearing up for retirement, we have tools and resources specifically for you. There are several technology companies that offer end-to-end notarization systems. Apply today at CareerBuilder! For help and advice, schedule an appointment with a TIAA investment professional or attend a seminarOpens in a new window. Contact 888-200-4074 weekdays, 8 a.m.to 10 p.m. (ET) to learn more. IMPORTANT: TIAA doesn't offer loans on Roth accumulations in 403(b)/401(k) plans. However, diversification doesn't guarantee against loss. The role of the onsite Retirement Planning Consultant is to assist you with your retirement plan. MGMzM2YwMzVlODkzMjEzYzI5OGI1NzJhY2JiZDRjNDQxOTA2MjhhOGZmZTVk The IRS has imposed an annual compensation limit of $330,000 in 2023. JHU's retirement plans reward you for your contributions and help you build toward future financial security. Results may vary with each use and over time. Its California Certificate of Authority number is 6992. 403(b) retirement savings plan; Tax-deferred annuities; Healthcare and . A class-action lawsuit was filed Thursday against Johns Hopkins University on behalf of 24,000 faculty and staff members contending that the university's $4.3 billion retirement plan charged . They offer several payment options, including lifetime income. And remember, current employees can make retirement savings elections at any time through the Retirement Plans Enrollment Portal. TIAA-CREF Life Insurance Company is domiciled in New York, NY with its principal place of business in New York, NY. Contributing money on a Roth basis is available to all Health System, JHH and Bayview employees. Typically, a Company Sponsor (Employer) of this type of plan creates an account for every individual Participant. Mutual funds offer diversification, professional management, relatively low investment minimums and fees, and a range of choices among different asset classes. Your RMD Applicable Age was 70 if you were born before 7/1/49; 72 if you were born on or after 7/1/49 or in 1950; 73 if you were born between 1951 and 1958; 75 if you were born in 1960 or later. To recap, here's what you'll want to think about when you enroll: Think how long your retirement savings will need to last. What started as a small group of families gathered around a kitchen table in 1979 has blossomed into the nation's leading voice on mental health. Retirement annuities can help replace your salary with monthly income thats guaranteed for life. Unless otherwise specifically stated in . When forecasting the probability of achieving your income goal, the model employs different returns for different asset classes, based on Morningstar Investment Managements capital market assumptions developed using historical and forward-looking data. the entire spectrum of defined benefit and defined contribution plans, including 401 (k) and 403 (b) (Traditional and Roth), 457, profit sharing, money purchase, cash balance, Taft-Hartley, multiple employer plans, nonqualified deferred compensation, and rollover and Roth IRA. If 10-15% is an amount you can't afford right now, contribute as much as you can comfortably afford. After enrolling, you'll receive a TIAA Welcome Kit and a Legal Package including your contract and contract number. Your financial well-being is TIAA's top priority and we are committed to helping you make informed decisions. Like 457 Plans, the catch-up limits for 403(b) plan participants aged 60 to 63 will increase to the greater of $10,000 or 150% of the "standard" catch-up amount for the relevant tax year . The benchmarks used for modeling the various asset classes are below. Vesting refers to your ownership of your Plan account. You are eligible to immediately make voluntary pre-tax and/or Roth contributions to the Plan if you are a full-time, part-time, visiting, limited, or casual faculty member. You must be fully terminated; including from any part-time, limited-time, visiting, and casual-on-call positions. For more detailed information, download the summary plan description. If you're already enrolled, log in to your secure account from the login button at the top of the home page of this site. Contact JHU's dedicated retirement service center at 888-200-4074, 8 a.m. to 10 p.m. weekdays, for answers to your questions. Other benefits may be available, such as pre-tax and tax-deferred contributing, which could help maximize your savings. "The committee expects to significantly reduce the number of investment fund choices, among other administrative changes," Conway said about the review process, which will be complete in 2021. Comments are welcome at the town hall meetings, or employees can submit comments and suggestions by email to 403bFeedback@jhu.edu. Member FDIC. The Your Retirement Outlook graphic reflects the difference between the models estimated annual income (which corresponds to a 70% probability level of income in the investment scenarios simulated) and your annual income goal. ZGIyNTZmYjgwYWMzYWU2MTk3OWYxNmE3NzI5Y2EwY2EzOGE5YmU2ZDBmYTg3 Class action lawsuits in question generally focus on university 403(b) plans, which are defined-contribution . If youre the beneficiary of an inherited IRA, determine the required minimum distribution (RMD). Autonomy. Think about using the Retirement Advisor ToolOpens in a new window to get more insights or call one of our experienced financial consultants to discuss more options at 888-200-4074. 1101 EAST 33RD STREET, SUITE A222. SECURE 2.0 Act of 2022 was signed into law on December 29, with policy changes that will affect both the administrators of and participants in qualified retirement plans and IRAs. There is no guarantee that your income goal will be achieved or that the aggregate accumulated amount will ensure a specified annual retirement income. If you are age 50 or older, you may also be eligible to make catch-up contributions (up to an additional $7,500 in 2023). The committee serves as the university's named fiduciary, which means it is required by law to make decisions about the retirement plan while acting solely in the interest of the plan's participants. Johns Hopkins Medicine International helps facilitate the global expansion of the Johns Hopkins Medicine mission by providing patient-centered care for diverse populations and sustainable, innovative collaborations that raise the standard of health care around the world. If you haven't joined the plan, you can start here. A dedicated Transamerica Retirement Planning Consultant can help you navigate financial decisions through any life event because while retirement may be the ultimate goal, the decisions you make along the way can determine your ability to retire when and how you want. *Guarantees are subject to the claims-paying capability of the insurer. IMPORTANT: TIAA doesn't offer loans on Roth accumulations in 403(b)/401(k) plans. . Compare the differences in investment options, services, fees and expenses, withdrawal options, required minimum distributions, other plan features, and tax treatment. Thanks to compounding, any earnings on your investments gets reinvested and can potentially earn even more money, and so on. Excessive fee lawsuits have been filed against 403 (b) plans of Emory University, the University of Pennsylvania, Johns Hopkins University and Vanderbilt University. Edit the available investment options for the plan. They offer several payment options, including lifetime income. Learn what plans allow eligible employees to do. Name Conservative (%) Moderate (%) Aggressive (%) You are eligible to receive the universitys contribution to the Plan if you are a full-time or part-time senior staff member age 35 or older; or if younger than 35 have completed two years of service. You will need your Social Security Number and PIN. What are the benefits of owning mutual funds? For assistance with the online enrollment portal, please contact the Johns Hopkins University Retirement Center at TIAA at 888-200-4074, Monday to Friday 8 a.m.-10 p.m. (ET) and Saturday 9 a.m.-6 p.m. (ET). Otherwise, mutual funds and annuities are treated very similarly when offered as part of your employers retirement plan. Read articles on physical and financial wellness, and the links in between, in our Knowledge Place. Participation is optional. You can withdraw or transfer the value of your Plan account when you retire or leave the university. Now is a great time to consider an exciting new career at the Johns Hopkins Health System. Plan Type. Taxes and penalties may apply. What are the benefits of owning mutual funds? About Probability Illustrations, Limitations, and Key Assumptions. Please refer to your contract or certificate for full details or contact us at. Tax rules are applied throughout the process, including required minimum distribution rules that apply to some tax-deferred accounts. Both have the same basic contribution . Requisition #:518365 Location:Johns Hopkins Bayview Medical Center, Baltimore, MD 21201 Category:Nursing Schedule:Rotating Shift. Mutual funds offer systematic withdrawals. For financial guidance, call 888-200-4074 to speak to a the JHU Retirement Center at TIAA financial consultant. Your dedicated retirement planning consultants From navigating financial decisions today to creating a smart strategy for tomorrow, your Transamerica retirement planning consultants are here to assist you. If you were born in 1959, federal guidance is needed to determine if your RMD Applicable Age is 73 or 75. NzAxMWI1YjM4Y2VlMDhmNGQxMDY3ZGM4ZDU3YjQ2YzlmZjRmNjJiOTA4NzRk ZWViZjQ5NGJhYzNmOWE0OTFiMmI1MjhhZTRmNzU4ZGIxMTJiNjEwMjg5NmMx Returns associated with market extremes may occur more frequently than assumed in the models. Thus, you should monitor your account regularly and base your investment decisions on your time horizon, risk tolerance, and personal financial situation, as well as on the information in the prospectuses for investments you consider. Even if you don't contribute at all, you still get the 4% or 8%. Regular contributions are then made by the Employer, the Participant, or both. Fees and expenses have always been part of a retirement savings plan-some fees are associated with the administration of the plan and may be covered by your employer, while others are paid by you based on the specific investments and services you choose. What is the difference between a mutual fund and an annuity? Visit our Financial Wellness Center for quick lessons on topics designed to help you live your best financial life. Or you can decide to receive income for a certain number of years or take a cash withdrawal (depending on your plans provisions). There are often lots of complex rules and regulations, and it can be hard to figure out what plans & benefits youre eligible for or which investments are available to you. As of the first quarter of 2016, these 403 (b) plans accounted for $876 billion in assets, compared with $4.75 trillion in 401 (k) plans, according to the Investment Company Institute. Your plan's rules specify when you are eligible for a distribution. This review is focused on the recordkeepers and investment menu of the 403(b) plan, and the university is currently not considering changes to the plan's design, such as changes to the employer contribution. The. The maximum loan amount available to you is calculated based on the total accumulations in your contract, minus any Roth accumulations. After two years of full-time or part-time service, you are eligible to receive matching university contributions of 20% on the first 3% of base salary that you contribute. Investment decisions should be made based on the investors own objectives and circumstances. Current investment options are assigned to asset classes based on Morningstar Categories, and fees and charges inherent in investing are incorporated with an average fee assumption for each asset class. These lower risk products offer a guaranteed income that you cant outlive. You can put money away for retirement while saving on taxes. Representatives from Transamerica have regular office hours on the East Baltimore and Bayview campuses, and they are available by appointment for in-person consultations. Your employer will typically allow you to withdraw funds once you've reached 59.50. Your employer may have included additional plan documents, your enrollment guide, fund performance and fee information, and other important notices for your review. For more detailed information about the 403(b) plan, including eligibility, contribution limits, vesting, employer matching and payments, download your Summary Plan Description. Each of the foregoing is solely responsible for its own financial condition and contractual obligations. You may receive the university's matching contribution if you are a full-time or part-time support staff or bargaining unit member after two years of service. From navigating financial decisions today to creating a smart strategy for tomorrow, your Transamerica retirement planning consultants are here to assist you. NjFlODBmMDI1MzFmZGQ5MTMxOTUyMDk5Zjc1NDI0MWIwYmVlZTBmMDEwNTgy The probability illustrations also assume a consistent contribution percentage, if applicable, and asset allocation (no future changes or rebalancing unless you are subscribed to one of the Advice Services or a target date asset allocation service), annual inflation of approximately 2%, and annual salary increases (unless you are retired), based on a calculation that incorporates multiple factors including a salary growth curve and inflation. As for income options, annuities offer you the opportunity for lifetime income with or without guaranteed payments for a fixed time period*. You may choose to designate all or a portion of your per-pay contribution as Roth, but these monies are not eligible for loans or hardship distributions. You may be able to leave money in your current plan or withdraw cash. TIAA has developed resources to keep you informed and on track. . YjZkZjFlOWU4ZDM0MjNiZGVkNTUiLCJzaWduYXR1cmUiOiI0ZDlhYjA1NjUw NDAxNWQyYzMyYjFhMzg2NDU0MTk3YjJmNTE3ZTY2ZDBiMjY5MjgwZTgxNzI5 The following three categories of services are provided to your plan: 1. General administrative services include recordkeeping, legal, accounting, consulting, investment advisory and other plan administration services. OTNkOGM4YTMwMDk5ZmMzNTU5MDFmMWNkMmEyYmZjZWZmMjYzMmJkZWJjYzU5 DISTRICT 1199SEIU - THE JOHNS HOPKINS HOSPITAL 403(B) PLAN is a DEFINED CONTRIBUTION PLAN. Get professional advice to help you save and invest for your future. 2023 Johns Hopkins University Human Resources, Meet with an Expert from Marsh McLennan Agency. Oct 8, 2020. These assumptions are adjustable by you or by your employer if you are in an employer-sponsored retirement plan. Many services are necessary for the day-to-day operation of your employer's retirement plan. Social Security will only replace about 40% of your pre-retirement income for the average worker, so you and your employer need to cover the rest. Save at least enough to trigger your employer's match (if available), Aim to save a total of 10-15% pre-tax annually, Add incremental increases annually to painlessly boost your savings over time, Contribute as much as you can afford, up to the IRS limit, Get the most from any employer matches (if they're available). Apply; Save Job ; Refer a Friend; Back; Job Details. Roth contributions are made on a post-tax basis, which means your taxable income is not reduced. You can opt for extra features, like loan services. A mutual fund is a pool of securities, such as stocks and bonds, managed by an investment company. Securities are offered through Transamerica Investors Securities Corporation (TISC), memberFINRA, 440 Mamaroneck Avenue, Harrison, NY 10528. You cannot invest directly in an index. ZmY5ZmJhZjFjNzRmZWUxNzFiM2JhZWMyMWJiNGE3MGYwZTM3MjA3MjM0YzYy For more information about the terms of your individual contract, contact your plan sponsor or financial advisor. Mortality assumptions are based on the Society of Actuaries tables. See the Summary Plan Description for additional information on the universitys 403(b) Plan. Investment, insurance and annuity products are not FDIC insured, are not bank guaranteed, are not deposits, are not insured by any federal government agency, are not a condition to any banking service or activity, and may lose value. Its California Certificate of Authority number is 3092. Posted in Benefits+Perks Tagged hr newswire You are eligible to immediately make voluntary pre-tax and/or Roth contributions to the Plan if you are a full-time, part-time, visiting, limited, or casual faculty member. Any withdrawals from tax-deferred sources may be assessed an early withdrawal penalty which is taken into consideration in these illustrations. Many participants enjoy the diversity of investing in mutual funds in their retirement plans. Consider contributing to annuities1 that offer growth opportunities while your're saving and monthly income thats guaranteed for life when you retire. NmRmYmJmNjdkMzllMDIyZWI3NGYxOTRmZGUyNDYzODBhODAxZDE4ZGVjNTZi If income is needed and no other sources of income exist, the engine will be forced to withdraw from tax-deferred accounts holding after-tax money and tax deferred accounts in the simulations, as needed. At that time investments were limited to annuity contracts. To make retirement planning easier and more effective for employees, the number of investment choices is expected to be reduced GETTY IMAGES Hub staff report / Jan 13, 2020 Johns Hopkins University is conducting a review of its 403 (b) retirement plans, which will result in changes to the investment fund choices that are available to employees. Equal Housing Lender. Any guarantees under annuities issued by TIAA are subject to TIAA's claims-paying ability. Some plans require you to change beneficiaries offline. Investment in variable products is subject to the risks associated with investing in securities, including loss of principal. New employees are automatically enrolled in the program with an initial 2% pre-tax contribution level. Jeff Kobs, Assistant Vice President, Benefits Consulting Group John Hancock Retirement. You are eligible to immediately make voluntary pre-tax and/or Roth contributions to the Plan if you are a full-time, part-time, visiting, limited, or casual faculty member. If you have indicated within your Retirement Profile, Advice Services Profile, or your Managed Advice Profile that you are retired, you are required to input your actual Social Security benefit amount provided by the Social Security Administration. Morningstar Inc. and Morningstar Investment Management LLC are not affiliated with Transamerica. Competitive health plans for employees and dependents including Medical, Dental and Vision and Telehealth; Ten (10) Paid Holidays; Accrued PTO (total of 156 hours 1st year) No weekends, or holiday work required; Employee Assistance Network; FINANCIAL WELL-BEING BENEFITS. YzQxZTk5MjY0OGVhYWQ4OGU3ZmYwNzgwMjk4OTUzZTRlYzIwMzRjMGJlM2I4 Generated by Wordfence at Sat, 4 Mar 2023 20:32:13 GMT.Your computer's time: document.write(new Date().toUTCString());. You may also be able to leave money in your current plan, withdraw cash or roll over the money to an IRA. There are plenty of options and every investor is different. YmYyNTcwMDljY2QzNTA0NDEyZjg3NGI5NjcxNTQwZDA4NTA3ODRiYzUyNDk0 Do you have retirement accounts with former employers? VoicePass will identify you based on YOUR stored voiceprint which is as unique as your fingerprint. I have a form requiring notarization. Then, determine your comfort level with risk and reward. Your selected retirement year (and your spouse/ partners retirement year as applicable) can vary the withdrawal sequence determined by the engine. If your employer offers to match your contribution, make sure you save enough to trigger that match. If you have an online account, please have your login information available. Text 'HELP' for Help. Make Roth contributions that can grow tax-free, Your right to a lump-sum distribution from your TIAA Traditional Account may be restricted to taking periodic payments under the terms of the contract. Our comprehensive benefits package is designed to help you balance work with life so you can focus on what matters most-your well-being and that of your loved ones. Prior to rolling over, consider your options. Estimate how long your retirement savings may last. Learn about privileges and perks. Click any fund name for more information about a particular fund, or visit Vanguard.com to obtain prospectus. ZmEyYjA0NTJiMmY4ZjdhM2U3NzQ0ZjE3YWQ2NzUyMGMxMjc1YTcxOWY1MGRm *Guarantees are subject to the claims-paying capability of the insurer. If you are age 50 or older, you may also be eligible to make catch-up contributions (up to an additional $7,500 in 2023). We are vaccinating all eligible patients. Retirement doesn't have to be about "winding down." ZjZjYTM2YjUyZmIxYWMxOWVkNTVjNDIxM2Y2ODMxN2Y0YTRmMGVhYTAzMzk0 Is there a tax advantage to owning variable annuities versus mutual funds? YTdhMDgzNmM2ZjBlZWJlYTIxNjlmNDIwMzY4ZTFmNjZkZmQxZjdmYzRlOWMy To locate past Hub and Hub at Work articles, use the search function at the top of the page. Member FDIC. You can make pre-tax and/or Roth contributions to the Plan each pay, from a minimum of $15 per month up to the annual maximum established by the IRS ( $22,500 in 2023). Find out who to contact about enrollment or investing. Deposit and lending products and services are provided by TIAA Bank, a division of TIAA, FSB. Tme management skills. Many participants enjoy the diversity of investing in mutual funds in their retirement plans. M2M4N2UxZTcwNWUyNzZhMjMxNzBkMDBkNGQ0ODAyOTkyOTkzYjY5ZDI5YWI2 The retirement plan adviser trade group counts about 20 similar lawsuits filed against universities since 2016. . In 1958, Congress added Section 403(b) to the Internal Revenue Code. 2021 Teachers Insurance and Annuity Association of America-College Retirement Equities Fund, 730 Third Avenue, New York, NY 10017, One- or two-life annuity with guaranteed period, Qualified Domestic Relations Orders (QDRO), Sales charges, purchase, withdrawal and redemption fees for certain investments. We offer several different retirement plans, depending upon your job classification and hire . We value your contributions and want you to stay connected to JHU. If you have money in other employer's plans, you may be able to transfer or roll it over to the Johns Hopkins University retirement plan to increase your maximum loan amount. If you make a withdrawal prior to age 59, you may be subject to a 10% penalty in addition to ordinary income tax. Vesting refers to your ownership of your Plan account. See the Summary Plan Description for additional information on the universitys 403(b) Plan. If you don't see "Beneficiaries" from your online account, please contact your plan administrator. Call our customer care team at 800-755-5801 for help with your Transamerica retirement account. JOHNS HOPKINS HEALTH SYSTEM CORPORATION 403 (B) PLAN. For online portal support, call the Johns Hopkins University Retirement Center at TIAA at 888-200-4074, 8 a.m. to 10 p.m. Monday to Friday and 9 a.m. to 6 p.m. on Saturday. Use this calculator for a quick estimate. Click here to view JHH Union Benefits Package! 1102(a)(1). This may be restricted by the terms of your TIAA contracts. No, there is no tax advantage to owning variable annuities or mutual funds in your TIAA-funded retirement plan. Beneficiary required minimum distributions, All Children's Health System, Inc. - 403(b) Savings Plan, District 1199 SEIU - The Johns Hopkins Hospital 403(b) Plan, Howard County General Hospital 401(k) Plan, Johns Hopkins Medical Associates 401(k) Plan, Johns Hopkins Home Care Group 403(b) Plan, Johns Hopkins Medical Management Corporation 401(k) Plan, Suburban Hospital, Inc. 403(b) Savings Plan, The Johns Hopkins Bayview Medical Center, Inc. . N2RmMTE3NDM0MGE5NWU1OWE5ZTUzZWI0ZTU3ZTZlODFmZDg0MTgxZDUxYmE5 The Morningstar name and logo are registered marks of Morningstar, Inc. Research our firm using FINRA's BrokerCheck. Investment, insurance and annuity products are not FDIC insured, are not bank guaranteed, are not deposits, are not insured by any federal government agency, are not a condition to any banking service or activity, and may lose value. Masks are required inside all of our care facilities. The Plan is established and maintained under a written document in accordance with 29 U.S.C. YWU3Mzg5MmE0ZTJiMTFhZWVmN2QxMWM2YjE1ZjBmZGM3MDFjNjJhODBiZjcw