Info Circ 02-p-005 - Voluntary Tax Sheltered Annuity Company Changes

Payroll Services has been notified of a name and address change for the IDS Life Insurance Company (VTSA company #321). Effective immediately the name is changed to American Express Financial Advisors, Inc. Premium remittances should be mailed to the following address:

American Express Financial Advisors, Inc.
70205 AXP Financial Center
Minneapolis, MN 55474-0702

Payroll Services has also been notified of an address change for the remittances to MetLife (VTSA company #446). Effective immediately remittances should be mailed to the following address:

MetLife
P.O. Box 120945, Dept. 0945
Dallas, TX 75312-0945

In addition, effective immediately, VTSA company #239 (Fidelity Standard Life Insurance Company) is being removed from the list of valid VTSA companies. The ownership of this company has been assumed by MetLife Investors USA Insurance Company (VTSA company #843). Any employees currently enrolled in company #239 should be changed to company #843.

The vendor table in STARS has been updated to reflect these changes.

The Division of Accounts and Reports, Payroll Systems Team is responsible for making any necessary updates to the SHARP payroll system. Regents' institutions are responsible for ensuring these changes are reflected in their individual systems.

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