Your Retirement Plan Advisors
NFP is the Investment Advisor for your company sponsored retirement plan and we can
help you with all of your retirement planning goals.
Plan Overview – How to get enrolled, change your contributions, access your account on-line,
overview of the plan features.
Retirement Planning – Determine how much you need to retire, calculate if you are on track, discuss
how to make changes to meet your goals.
Investment Advice – Risk tolerance assessment, review your current investments, provide investment
advice and customize a plan for you.
Consolidating – Review of all your retirement accounts (IRA’s, prior employer retirement plans),
provide rollover assistance & consolidation.
Budgeting – Create a plan that works for you, determine what debt to pay down first, review and
assist with outstanding student loans.
Financial Solutions – Estate planning, IRA’s, life insurance, annuities, 529 college planning.
Your Retirement Plan
Plan Eligibility – You are eligible to participate in the Plan immediately.
Match: Your employer offers a 401(k) Match to any contributions you make. The company matches 50% of the contributions you make up to 6% of compensation.
Traditional & Roth Contribution: You can contribute to your retirement plan as a Traditional pre-tax contribution or as a Roth after-tax contribution, or a combination of both.
Investments: You have a variety of investment choices within your 401(k) Plan. You will be auto enrolled into a Target Date Fund that aligns with your retirement age (with an assumption of 65 years old). You can re-direct those investments to any investment option offered within the Plan. Your investment options are listed on your Transamerica participant portal.
Plan Custodian
You can access your account by visiting the Transamerica site, or by calling Transamerica participant services at 800-401-8726. You can access the Transamerica site for the following services:
- Enrollment and Contribution Changes: Get started in the plan, or make changes to the amount that comes out of your paycheck.
- Beneficiary Designation and Storage: Setting your beneficiaries is an important step to make sure you are in control of who gets your account in the unlikely and unfortunate event of your passing.
- Balance and Investments: You can check your account balance, as well as view and make changes to your investments.
- Statements and Notices: Your account statements and important plan documents are stored online.
- Withdrawals: If you need to take money from the plan, you can review your options and submit distribution requests.
To access the Transamerica site, go to https://www.transamerica.com/portal/home or click the link below! If it is your first time logging in, make sure to hit the "Create an account" link in the top right next to the login button to register your online account.
How To Enroll
To begin your enrollment online go to https://www.transamerica.com/portal/home or click on the link below.
To access your account for the first time, make sure to hit the "Create an account" link in the top right corner next to the login button. Follow the prompts to enter in your information, and create a username and password.
Once online to complete your enrollment you will
- Set your contribution amount. This amount will be taken out of each paycheck and contributed to the account on your behalf. You can always change how much you are contributing to your account.
- Pre-Tax Contributions will lower your taxable income for the year. When you withdraw your contributions, you will have to pay taxes on your contributions and their earnings.
- Roth Contributions come out of your paycheck after you pay taxes. As long as it has been 5 years since your first Roth contribution and you take the money out after you turn 59.5, you will get to withdraw all your Roth contributions plus their earnings, tax-free.
- Set your Investments. If you feel confident, you can pick and choose which funds you want to be invested in. Your plan also offers Target Date Funds, which will automatically invest in stocks and bonds for you, based on the year you are expecting to retire.
If you have any questions, or need help with the enrollment process, do not hesitate to contact your NFP advisors!
Financial Wellness
Looking to learn more about your plan, and then some? Check out the resources below. If you can't find what you are looking for - let us know!
What To Think About When Thinking About Retirement
What To Think About When Thinking About Retirement
Financially Speaking, What's New in 2022?
Financially Speaking, What's New in 2022?
Contact Us
Questions? Contact your NFP Advisors below!
Additional Contacts
Beth Krasnow
beth.krasnow@nfp.com
216-595-0725
Patrick Ilcin
patrick.ilcin@nfp.com
216-525-7287