FermiWorks and retirement savings plans email

As you are aware, Fermilab is in the process of moving retirement savings plans to Fidelity. Over the weekend Fermilab completed multiple activities related to the retirement plan transition. As a result, employees received an open enrollment event via email from FermiWorks about retirement savings plans. You do not need to do anything in FermiWorks regarding your retirement savings plan at this time.

From now on, employees will make changes to their payroll deductions and investment elections on the Fidelity transition website. Remember: Jan. 14 is the pre-blackout period deadline for payroll deductions changes and Jan. 20 is the pre-blackout period deadline for investment elections. The blackout period begins on Jan. 23 and ends the week of Feb. 15. After Feb. 15 you will be able to view your retirement savings plans elections on the Fidelity transitions website, and you will be able to make changes to payroll deduction and investment elections at any time.

All employees will be notified via Fermilab Today when all retirement savings plan transition activities are completed. If you have any questions, contact the Benefits Office.