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  • As we all continue to navigate these times of uncertainty, your health, financial security, safety and well-being are our top priorities. We know the impact of the stock market fluctuations on your account balance is unsettling. Try not to panic, although we understand that is easier said than done. Over time, history has shown that staying invested and keeping a long-time perspective can be beneficial for many people. The Coronavirus, Aid, Relief, and Economic Security Act (CARES Act) recently signed into law is designed to help provide economic relief for individuals, families and businesses. For retirement plans, the CARES Act provides some additional distribution and loan flexibility. The University is currently deciding which provisions it will adopt.

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Thank you for contacting the University of Minnesota retirement plan service center at Securian Financial. Effective June 12, 2020, Securian Financial is no longer the administrator of the University's retirement plans. Please contact Fidelity at 800-343-0860 or NetBenefits.com/UMN if you have questions or need assistance. If you received communication from Securian indicating a portion of your account would remain with us, contact Securian Financial's Individual Annuity service center at 800-362-3141 or securian.com/myaccount for assistance. You can log into your account to view historical account information through December 13, 2020.

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