Your employer has selected a wide range of investment options to meet your retirement planning needs.
Keep in mind that investing involves market risk, including possible loss of principal. As you get started in the plan, we’ll help you understand market risk and strategies that may help you deal with it.
If you get stuck when choosing which funds are right for you, we’re here to help. We offer different levels of assistance so you can get the help you need.
Help me do it
If you want to be involved but want some help along the way, consider our target date funds. They’re targeted towards certain risk profiles, so you’ll determine your risk tolerance and then choose the corresponding fund.
Target Date Funds invest in a wide variety of underlying funds to help reduce investment risk. So, in addition to the expenses of the Target Date Funds, you pay a proportionate share of the expenses of the underlying funds. Target Maturity Funds are designed for people who plan to withdrawal funds during or near a specific year. 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.
Do it myself
If you want to do it on your own, go for it. You can use My Investment Planner to determine your investor profile and suggest an asset allocation for you. Then check out the complete list of funds offered by your employer and their current performance to help you decide. Just remember we’re always here if you have questions.
Another available option is the Personal Choice Retirement Account (PCRA), which is a Self-Directed Brokerage Account (SDBA), administered by Charles Schwab & Co. The benefit of this option is that it allows you the freedom to select and manage your portfolio from a much larger variety of investment choices, as long as you maintain a minimum balance in the PSPRS core investment funds. Learn more about the Schwab PCRA and review the Memorandum of Understanding, Pricing Guide, or the required Limited Power of Attorney.
Get the help you need
Reach out to Galloway Asset Management for education and information about the options available to you and your situation. You can also talk to a Retirement Specialist about your investment options. Information provided by Retirement Specialists is for educational purposes only and is not intended as investment advice.