Retirement Union

We help you save with two plans:

The Johns Hopkins Bayview Medical Center, Inc. Represented Employees 403(b) Plan

You are automatically enrolled with an initial 2% pre-tax contribution unless you elect not to participate.
You may choose a percentage or fixed dollar amount of your salary to deposit into your account each pay period on a pre-tax and/or after-tax (Roth) basis (up to IRS limits indexed annually).
Your elected contribution automatically increases by 1% annually (up to 10%) on the anniversary of your automatic enrollment date unless you opt out.
Your contributions vest at 100% immediately.

The Johns Hopkins Bayview Medical Center, Inc. Represented Employees Pension Plan

You are automatically enrolled in this benefit if you work 1,000 hours or more in a calendar year.
The amount of your pension benefit is calculated using the following formula:
Your pension benefit = 1% of your final average compensation* times service (up to a maximum of 40 years)
You will be fully vested after 5 years of service. Year of service = calendar year working at least 1,000 hours.

*Highest consecutive 3 years out of the last 10.

Webinars

TransAmerica hosts webinars throughout the year to help you prepare for the future and make the most of your finances in retirement.

Retirement Plan Essentials

No matter what your retirement dream is, the most important thing you can do today is create a retirement strategy that will turn your vision into reality. One of the best tools you can use as part of that strategy is your employer’s retirement plan.

This webinar is held monthly. Register for an upcoming session .

Related Resources

Contacts
HR Support Center
443-997-5400 (7 a.m. – 5 p.m., Monday – Friday)

Retirement plan policies

Your IRS maximum contribution

In 2024, you may contribute up to $23,000 of your gross income. If you are age 50 or older you can contribute up to an additional $6,500.

Estate and Legacy Planning

Regardless of your age, income, or account balance, an estate plan can help you safeguard your legacy and protect the people most important to you. This webinar explains the importance and purpose of an estate plan and how to get started.

June 25, 1–2 p.m. ET
June 26, 11 a.m. – 12 p.m. ET
June 27, 12–1 p.m. ET

Investing For Retirement

How you invest your retirement savings plays an important role in determining when you’ll be able to retire. The key balancing act to investing is aligning your goals, the number of years you have until you want to achieve those goals (referred to as time horizon), risk tolerance, and reward potential.

July 23, 12–1 p.m. ET
July 24, 11 a.m. – 12 p.m. ET
July 25, 1–2 p.m. ET

Guide To Medicare

Transamerica can help explain the “A, B, C, Ds” of Medicare and how to start piecing together your healthcare strategy.

August 27, 11 a.m. – 12 p.m. ET
August 28, 12–1 p.m. ET
August 29, 1–2 p.m. ET

Security and Fraud Prevention

This webinar will cover steps you can take to fortify your online security and how Transamerica protects your account.

October 29, 12–1 p.m. ET
October 30, 1–2 p.m. ET
October 31, 11 a.m. – 12 p.m. ET

Retirement Income Planning

After decades saving and investing for retirement, you may not have considered how to create a sustainable spending plan once you retire. This webinar covers why retirement income planning is critical and key steps to develop your plan.

February 27, 1–2 p.m. ET
February 28, 12–1 p.m. ET
February 29, 11 a.m. – 12 p.m. ET
November 19, 11 a.m. – 12 p.m. ET
November 20, 12–1 p.m. ET
November 21, 1–2 p.m. ET

Is Roth Right For You?

Learn how Roth contributions can impact your retirement income plan and the advantages you may want to consider. This webinar covers the basic of Roth contributions, their advantages, and how they differ from traditional contributions.

December 17, 11 a.m. – 12 p.m. ET
December 18, 12–1 p.m. ET
December 19, 1–2 p.m. ET