SEMINARS
MSRP's Office of Participant Services offers information booths and
several types of workshops, seminars and individual sessions.
To have a seminar scheduled at your agency work site, have your benefits
coordinator call the MSRP Office of Participant Services at 410-767-8740
or 1-800-543-5605. Or, your benefits coordinator may e-mail
the request to MSRP Field
Operations.
Financial
Planning 101 Seminar: Have you mapped out
the road to your Financial Future? Financial
planning is the process of assessing your financial goals, taking
an inventory of your money and other assets you already have to meet
those goals, and determining your future needs. To help State employees
understand how this process applies to them, MSRP has designed this
comprehensive seminar, which covers insurance, investing, taxes, retirement
planning, college planning and estate planning. Need more information
about the seminar offerings, select this link.
Lunch
and Learn Seminar Series: Serious "Food for Thought"!
These very popular 45 minute presentations help you think about your
future and your financial goals. Seminars are focused on specific
topics or are targeted for specific groups of employees. They can
be offered around lunch time or any time during the day at your worksite.
Click here for a list of the Lunch
and Learn offerings. Please
contact your Benefit Coordinator/Supervisor to request to have a seminar
held at your workplace. For more information about when a seminar
is being held near you, call Team MSRP at 800.543.5605 during regular
business hours.
One-on-One Counseling: Let's talk about YOU and YOUR account.
MSRP
field representatives are available to meet for One-On-One Counseling
with all employees enrolled in the plan or those considering enrollment.
The purpose of the sessions is to provide information on the plans.
Counselors will not provide investment advice or recommendations.
The individual counseling sessions will cover how asset allocation
and diversification are typically used to reduce risk. We will try
to answer any questions you have about the plans and we will also
provide you with enrollment materials. To make a 30-minute appointment,
please contact Janet Wilt at MSRP at 410-767-8742.
New
Employee Orientation: It's never too early to start saving for
your retirement!
This seminar is excellent for new state employees or those not currently
participating. It covers the characteristics of the 457 Deferred Compensation
Plan, the 403(b) Tax Deferred Annuity Plan, the 401(k) Savings & Investment
Plan, and the 401(a) Match Plan. It explains enrollment procedures,
eligibility requirements, investment options, fee structure and distribution
requirements. The length of the seminar can be tailored to the needs
of the employer.
Personal
Finance Seminar: Laying the groundwork for a solid financial foundation
for early and mid-career employees. This
is a day-long seminar for early and mid-career State of Maryland employees.
Guest speakers will cover topics that include: Budgeting Basics, Your
Pension System, Investing Basics and an overview of your Maryland
Supplemental Retirement Plan(s). The following link
will give you a more in depth look at the seminar offerings. Please
click on the associated link for seminar dates, locations and enrollment
information. Personal
Finance Seminars
Pre-Retirement
Seminar
The seminar covers
the three supplemental retirement plans. It highlights the choices
upon retirement, three provisions: hardship, loan and catch-up, and
distribution options. The length of the seminar is approximately one
hour. It's generally offered as part of the State Retirement
Agency's full-day pre-retirement seminar, but also is offered as a
stand-alone session.
Information
Booth: Got a quick question about your plan?
This is a great opportunity for employees to ask individual questions
concerning their plans. A field representative sets up a table in
the agency and provides information on the plans. This is a helpful
option when a specific time commitment may be challenging. (Employees
looking for a private, confidential discussion should schedule a One-on-One
appointment)
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