General Motors has announced changes that will impact the GM Retirement Savings Plan (RSP) and Personal Savings Plan (PSP) (“the Plans”). The changes will take place in early April 2014.
The target date funds are moving from Pyramis Active Lifecycle Funds to State Street Global Advisor Target Retirement Funds, one fund is changing share class, and one fund is being eliminated from the Plans.
To discuss these important changes to the GM 401(k) plans and how to allocate your portfolio in light of the new investment menu, do not hesitate to contact us toll-free at 1‑866‑444‑6246.