According to the Caregiver Action Network, more than 65 million Americans are taking care of an elderly friend or family member. The website also estimates the value of this care at $375 billion. That’s why it is especially important for caregivers understand the impact of caregiving on their financial future.
The week of Oct. 10, Fidelity will send the government-required retirement plan participant fee disclosure to employees who are eligible to participate in the Vanderbilt University Medical Center 403(b) Retirement Plan. Even if you don’t participate in the plan, but are eligible, you should receive the notice. Former employees with retirement plan accounts also should receive the notice. You do not need to take any action. The disclosure is for your information only.