The City of Baltimore recently assessed the investment options in your Retirement Savings and Deferred Compensation Plans and identified opportunities to enhance our offerings for greater value. We are excited to announce the following improvements to the Non-Hybrid, Hybrid and Deferred Compensation Plans for you to consider as a part of your retirement planning portfolio.
Your Plan is offering the following new investment options:
Nationwide Indexed Principal ProtectionSM
Protect and grow your money with a powerful new investment option that can help provide confidence through unstable market conditions by offering:
- Principal investment protection from market declines
- Potential for growth based on market increases
Learn more about Nationwide Indexed Principal ProtectionSM
NCIT American Funds Lifetime Income Builder Target Date Series
A series of target date funds (each structured as a collective investment fund), designed to help optimize growth potential, and when the time comes, generate guaranteed income that will last a lifetime.
Both the investment options were added to your Plans on May 12, 2023.
Learn more about NCIT American Funds Lifetime Income Builder Target Date Series