Page 120 - AugDefComp

San Mateo County Deferred Compensation Plan

YOUR PLAN. NEW FEATURES.

Understanding the move to your

new Empower experience

Hello, <Firstname>.

Empower Retirement has acquired the MassMutual retirement plan
business. As a result, your retirement account will be upgraded to a
new and improved experience. You’ll have access to your upgraded
account beginning on November 1, 2022.

Learn more/Aprende más

Throughout this process, we want you to know that our focus is on
you and making this transition as seamless as possible.

A few things you can look forward to

Automatic account transfer — Your retirement account,
current investments and contribution rates will automatically
transfer to the new Empower experience.

New website — You will be able to manage your retirement
account with the help of enhanced planning features
and tools.

Empower Customer Care Center — You will continue to
have access to U.S.-based representatives, with expanded
Saturday hours.

New Empower Retirement app — The app is available to
download to your Apple or Android™ device for on-the-go
®
access to your retirement account.

Personalized approach to investing — Watch for more
information on how to sign up for this new service and
applicable fees after the move is complete. Plus, learn more
about online advice.

There is no guarantee provided by any party that participation in
any of the advisory services will result in a profit.

There will be a short "quiet period", when you won’t be able to make
any transactions in your account. This quiet period lasts for 2-3
business days beginning after the markets close on Friday, October
28.

What you can do now

Confirm your contact info is current

Access your account to review your personal information, email
address and beneficiary designation to make sure all of your
information is up to date. This will help ensure you receive all
necessary communications related to the transition.

Get more information
Head over to upgrade.empower-retirement.com for
details about the new Empower experience.

Join Empower for an educational opportunity to review the new
resources that can help you achieve the future you imagine.
Register at upgrade.empowermytime.com for the virtual session
of your choice.

Online advice and the managed account service are offered by the named registered investment adviser as defined by the
advisory services agreement.
Securities, when presented, are offered and/or distributed by GWFS Equities, Inc., Member FINRA/SIPC. GWFS is an
affiliate of Empower Retirement, LLC; Great-West Funds, Inc.; and registered investment adviser, Advised Assets Group, LLC. This
material is for informational purposes only and is not intended to provide investment, legal or tax recommendations or advice.
On December 31, 2020, Empower Retirement acquired the retirement business of Massachusetts Mutual Life Insurance Company.
Following an initial transition period, Empower Retirement will become the sole administrator of this business. Empower Retire-
ment refers to the products and services offered by Great-West Life & Annuity Insurance Company and its subsidiaries, including
Empower Retirement, LLC. Empower Retirement is not affiliated with MassMutual or its affiliates.
iPhone, iPad, Apple, Apple Watch and App Store are trademarks of Apple Inc.
Android, Google Play and the Google Play logo are trademarks of Google LLC.
©2021 Empower Retirement, LLC. All rights reserved. GEN-SSE-WF-1435150-1021 RO1861622-1021