Transition communications

Indiana University Health and IU Health Physicians are committed to providing you with access to quality tools and resources designed to help you pursue your retirement goals and financial well-being. As previously communicated, the IU Health Physicians Retirement Savings Plan will merge into the IU Health 401(k) Savings Plan at Empower in January 2022.

Empower is the second-largest retirement services provider in the nation 1, serving more than 12 million individuals and over 67,000 organizations 2. They’re singularly focused on retirement, with a mission of empowering people to save enough money today to enjoy a secure retirement.

Highlights of the move will include:

  • Transparent administrative fees, including the elimination of transaction fees and asset-based fees (Please refer to the FAQ for more information on this topic).
  • The ability of PRN team members (formerly referred to as Supplemental team members or providers) to participate in the plan.
  • Access to on-site Retirement Plan Advisors (RPAs) through Empower Retirement and the ability to earn Healthy Results points.
  • An enhanced participant web experience.
  • A fully transactional mobile app.

Also, through Empower Retirement Advisory Services, you will gain access in April 2022 to complimentary Online Advice, or you may choose to enroll in My Total Retirement™, a personalized, professionally managed retirement strategy 3.

There is no guarantee provided by any party that participation in any of the advisory services will result in a profit.

1 Pension & Investments 2020 Defined Contribution Survey Ranking as of April 2021.

2 As of June 30, 2021.

3 Online Advice and My Total Retirement are part of the Empower Retirement Advisory Services suite of services offered by Advised Assets Group, LLC, a registered investment adviser.

Click here or on the image below to view or download a copy of the transition packet

About Empower

We've been serving retirement plans for 40 years. Through acquisition and growth, we've become the second-largest provider in the country. Retirement isn't just what we do. It's all we do. Our primary focus is delivering the highest level of service possible to help millions of people just like you work towards a successful future.

Fun Facts

You can look forward to using Empower’s leading website experience to help you plan and manage your retirement savings.

1 Pension & Investments Defined Contribution Survey Ranking as of April 2021.

2 As of June 30, 2021.

Key dates

To make changes to your account before the blackout period, contact OneAmerica at 800.858.3829 or online at iuhpretirement.com.

Deadline for paperwork

  • If you are eligible to take a distribution and would like to request one, this is the last day to return distribution paperwork to OneAmerica.

Deadline for account changes

  • This is your last day to contact OneAmerica to request a withdrawal, contribution change or an investment election change.

Blackout period begins

  • You will have limited access to your account. (see the Transition communications tab for details). Payroll deductions will continue during this period.

Blackout period ends

  • Enjoy full access to your retirement account online and by phone.
  • Gain the ability to make requests and changes.

These dates and times are subject to change. Please contact Empower for more information.

Investment information

To see your investment line-up click here.

View your Plans Fund Information

Questions?

Call Empower at 844.IUH.5840
(844.484.5840).

Retirement representatives are available Monday through Friday from 8 a.m. to 10 p.m. Eastern time and Saturdays from 9 a.m. to 5:30 p.m. Eastern time.

Stay tuned!

Keep an eye on your mailbox as additional information will be sent to your home address in late November.