• Built around target retirement funds*, our Professionally Managed Solution is ideal for employees who:
• Want a professional to actively manage their retirement investments at a fund level
• Don't have the time, interest or knowledge to make investment decisions

As the target retirement date approaches, the fund becomes increasingly more conservative to help reduce portfolio risk. How the target retirement funds work:

• Your employee simply selects one of the funds based on a specific target retirement date: 2010, 2020, 2030 or 2040
• All fund investment and asset allocation decisions are made by seasoned investment professionals
• Each fund is actually a diversified portfolio with holdings in multiple asset classes
• Over time, the asset allocation of each portfolio becomes progressively more conservative
• At the retirement date, the fund transitions to an income fund

* Target retirement funds do not offer the flexibility some participants may want in selecting their own investments and managing the asset allocation of the funds in their retirement account. Target retirement funds may not be appropriate for participants who are interested in this level of flexibility.