Purdue University, in conjunction with Fidelity Investments, will launch a series of consolidation events beginning in October, with activities continuing through the end of the year.

Individuals who have a retirement account balance with a former employer or former provider of Purdue retirement plans (plans prior to 2011) may pay more than necessary in administration and investment fees. Updating information across multiple platforms can also be a challenge.

Consolidating these older retirement accounts into a Purdue retirement program can provide the benefits of a more inclusive view of your retirement savings, means receiving fewer retirement account statements from various providers, and providing a place to keep information while providing access to a variety of retirement plans. tools and resources.

Throughout the Consolidation of Retirement Accounts series, Fidelity representatives will be available to help you evaluate options to see if consolidation might be right for you. Fidelity representatives will also help guide you through the consolidation process, from obtaining the proper documents through to the transfer process.

Events are open to all Purdue employees and planning partners.

Get started: find an event that’s right for you

Events are available live, in person, virtually and by phone:

Virtual Workshops: How Account Consolidation Can Help You Save Time and Money

  • Book your place
  • Entrants will be entered into a random drawing to win a prize sponsored by Fidelity.
  • Dates and times of live virtual sessions:
    • October 11
      • 9am-9.30am
      • 11:30 a.m. to 1 p.m.
    • October 12
    • October 17
      • 9am-9.30am
      • 11:30 a.m. to 1 p.m.
    • October 18

In-person support desks

  • Attend an in-person help desk for general questions or help with completing paperwork.
  • No appointment required.
  • Located at the Fidelity Investor Center, PMU, room 164, at the following times:
    • October 11
      • 10am-11.30am
      • 1:30-3:30 p.m.
    • October 12
      • 9am-11am
      • Noon to 2:30 p.m.
    • October 17
      • 10am-11.30am
      • 1:30-3:30 p.m.
    • October 18
      • 9am-11am
      • Noon to 2:30 p.m.

1:1 consulting

  • Schedule a 1:1 consultation with a Fidelity Workplace financial advisor in person, by phone or virtually.
  • Sessions are offered as an add-on service to the Purdue Retirement Program.
  • Planning partners are welcome.

Be prepared: gather documents, update information

To speed up the process, plan to gather account numbers and official statements for all the accounts you want to consolidate.

In addition to reviewing consolidation opportunities, individuals may also want to take this time to confirm that their information is accurate with their pension plan providers and Purdue, including home mailing address, contact information and employee records. beneficiaries. Purdue’s address update instructions are available here.

As part of this special series, Fidelity workplace financial advisors will begin contacting people with legacy plans from before January 2011 through Purdue’s former pension plan providers to offer assistance in the review and management of the transfer and consolidation process.

Learn more

Questions

Questions about consolidating retirement accounts or upcoming workshops can be directed to Fidelity at 800-343-0860.