Staying in your retirement plan when you retire
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To learn more about staying in your retirement plan and managing your account beyond retirement, contact your financial professional today.
You may have the option to stay enrolled in your retirement plan after you retire – and it can provide important advantages. You’ll get the same free support and lower fees you had before. You’ll also give your money the chance to keep growing but have access to it when you need it. Here’s what you should know:
Tips for managing your account after you retire:
Target Maturity Funds are designed to provide diversification and asset allocation across several types of investments and asset classes, primarily by investing in underlying funds. Therefore, in addition to the expenses of the Target Maturity Funds, an investor is indirectly paying a proportionate share of the applicable fees and expenses of the underlying funds.
Target Maturity Funds are designed for people who plan to withdrawal funds during or near a specific year. These funds use a strategy that reallocates equity exposure to a higher percentage of fixed investments over time. Like other funds, target date funds are subject to market risk and loss. Loss of principal can occur at any time, including before, at or after the target date. There is no guarantee that target date funds will provide enough income for retirement.