If a request is granted, the Chair of the Board or Committee will call upon the individual to speak at the appropriate time during the meeting. The Program provides participants with educational tools, a diverse set of investment options, flexible savings and withdrawal options, as well as portability when changing jobs within the public sector. Before investing, carefully consider the fund’s investment objectives, risks, and charges and expenses. If the Continue button does not work, the page may have been moved or removed.
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Ohio Deferred Compensation participants have access to a variety of investment options. Remember: The most important factor to investing is the amount of money you invest. There is no magic bullet. The more you put in your account, the more potential you have for a successful retirement. If you like to take an active investmrnt in selecting investment funds ohio 457 investment options your retirement planning, see how to get started. If you are more of a hands-off investor, LifePath Portfolios make investing simple for you by choosing a target date fund. Knowing the costs associated with your retirement plan can help you make informed ohuo decisions.
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Retirement Plans like Ohio DC offer several types of investment options. Mutual funds are the most common type and are the most familiar to participants. Many large institutional investors like Ohio DC, which has over , participant accounts, can also offer professionally managed investment options called collective investment trusts CITs and separate accounts. These options are similar to mutual funds and are attractive because of their ability to lower costs to participants. These types of investment options can be recognized by brand name example: T. These investments are still professionally managed just like their mutual fund counterparts. The use of white label funds has increased in recent years, but the approach is not new.
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Retirement Plans like Ohio DC offer several types of investment options. Mutual funds are the most common type and are the most familiar to participants. Many large institutional investors like Ohio DC, which has overparticipant accounts, can also offer professionally managed investment options called collective investment trusts CITs and separate accounts.
These options are similar to mutual funds and are attractive because of their ability to lower costs to participants. These types of investment options can be recognized by brand name example: T. These investments are still professionally managed just like their mutual fund counterparts. The use of white label funds has increased in recent invrstment, but the approach is not new. For example, the Ohio DC Stable Value Option, which is the most popular optoons for our participants has been a white label option since January, If you are interested in learning more about the Ohio DC investment options, please review the following definitions and charts.
Mutual Fund — A mutual fund is an investment vehicle made up of a pool of money collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments and similar assets.
Mutual funds are professionally managed, and include costs related to compliance, distribution, and administration required for retail investments. Collective Investment Trust CIT — CITs are similar to mutual funds in that they are professionally managed pools of securities, but they are managed exclusively for qualified retirement plans. CITs have different regulators and regulations, and the difference in regulations has a positive impact on the cost of CITs.
CITs have lower distribution, advertising, and customer service costs than similar mutual funds, and the cost savings is passed on to participants. Separate Account — A separate account is a privately managed investment account opened through a brokerage or financial advisor.
Like mutual funds, separate accounts use pooled money to buy stocks, bonds, money market instruments and similar assets. Separate accounts also have ohio 457 investment options regulators and regulations, and the difference in regulations has a positive impact on the cost of separate accounts. Separate accounts have lower distribution, advertising, and customer service costs than similar mutual funds, and the cost savings is passed on to participants. Kptions Label — White label funds are generically named funds that are branded by their asset class or objective and usually have no reference to a fund company in their.
White label funds can be composed of professionally managed mutual funds, CITs, or separate accounts. Consider the investment objectives, risks, charges, and expenses carefully before investing by consulting your prospectuses, which contain this and other information.
Prospectuses are available by calling or visiting Oho Read the prospectus carefully before investing. Each LifePath Portfolio is based on a target year when you expect to begin using your money. Portfolios are designed to invesgment diversification and asset allocation across several types of investments and asset classes, primarily by investing in underlying funds.
LifePath Portfolios are designed for people who plan to begin withdrawing funds during or near a specific year. Like other funds, LifePath Portfolios are subject to market risk and loss.
Loss of principal can occur at any time, including before, at, or after the target year. There is no guarantee that LifePath Portfolios will provide enough income for retirement. International Stock Funds—International funds involve risks not associated with investing solely in the United States, such as currency fluctuation, differences in accounting standards, and the limited availability of information.
Over the long term, an investor should be willing to accept a high level of risk resulting from potentially higher market volatility. Small companies can grow much faster than big companies, but small company stocks tend to be more volatile than the stocks of larger companies. Over the long term, an investor should be willing to accept a moderate optionx high level of risk resulting from potentially higher market volatility.
They investmdnt typically more mature, diversified companies with many products and services. Bond Funds—Bonds are loans or debt instruments issued by governments or corporations that need to raise money. Bond funds have the same interest rate, inflation, and credit risks associated with the underlying bonds owned by the fund. Bonds are generally a more conservative form of investment than stocks, and usually provide a more steady flow of income.
Typically, bonds have a lower long-term total return than stocks. Stable Value—These options own short to intermediate term, high-quality securities. Investors who seek safety of principal as well as a competitive rate of return compared to oio market funds may invest in these options. The Ohio DC Stable Value Option returns are shown net of fees for investment management, custody, and principal protection.
We make no endorsement of its content or guarantee of its accuracy. If the Continue button does not work, the page may have been moved or removed. Search click here to optios or close a menu containing search. Contact Us click here to open or close a menu containing contact information. Definitions Mutual Fund — A mutual fund is an investment vehicle made up of a pool of money collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments and similar assets.
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Ohio Deferred Compensation
Meetings are held at the offices of the Ohio Public Employees Retirement System unless otherwise noted. International investing involves risks not associated with investing solely in the U. Agenda Minutes May 14 — 9 a. Requests should be received by 4 p. Some of the topics covered during an appointment: Your retirement goals and how to help achieve them Strategies to help minimize taxes How to coordinate income from ohio 457 investment options sources General information about tax deferral Withdrawal illustrations Deferred compensation allocation strategies during retirement Ivestment an appointment, call Agenda Minutes September 18 — 9 a. The Board or Committee is unable to entertain requests for public comment on matters that have an existing forum for resolution. For more information about the Program visit Frequently Asked Questions. Agenda Minutes March 19 — 9 a. Please consider ibvestment out of your account before you proceed. The number of requests granted per meeting may be limited depending upon the number of other agenda items for that particular ohio 457 investment options. Agenda Minutes March 20 — 9 a. A request to speak before the Board or Committee should be submitted to the attention of the Executive Director on the form approved by Ohio Deferred Compensation.
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