General Motors has announced changes in the share class of certain mutual fund investment options in the Retirement Savings Plan (RSP) for salaried employees and the Personal Savings Plan (PSP) for hourly employees. You may have already received notification from GM regarding these changes.
These changes impacted two mutual funds in the RSP and PSP, effective after 4:00 p.m. Eastern Time on March 22, 2024. The new share class for each mutual fund investment option provides the same investment strategy and risk, but the overall expenses for the investment option will be lower. New fund codes and ticker symbols are associated with the new share class.
To discuss these plan changes and how they may impact your investment allocation, do not hesitate to contact Mainstay Capital Management toll-free at 866‑444‑6246.