NYC Deferred Comp to Get New Record keeper

The NYC Deferred Comp Plan is getting a new record keeper (Voya Financial) in mid-2019.  Since 1996, the record keeper for the plan has been Empower Retirement.  What does a record keeper do?   Buys and sells the investments as directed by plan participants, account for contributions and distributions, provide enrollment forms, educational materials, online access, etc.

Pensions & Investments Article:   NYC Deferred Comp selects Voya as record keeper for DC plans

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