For IRAs, nonqualified investment accounts and small employer plans, the PlanMember Investment & Savings Program offers professionally-managed portfolios of no-load mutual funds* and advisor-assisted mutual fund accounts that feature many of the nation’s most recognized fund companies, as well as annuity choices from several leading insurance companies.
You will also enjoy access to outside investment strategists, as well as personalized planning services, toll-free service center support, web-based account access and planning resources, consolidated account statements and the ongoing support of a local financial professional.
The PlanMember Investment & Savings Program Summary Sheet provides more detailed information.
*An asset-based fee applies, as well as other internal fees and expenses of the funds.
PlanMember Elite features a series of diversified mutual fund portfolios that are managed by PlanMember’s investment team according to a time-tested approach to retirement investing. The PlanMember Elite Portfolios, ranging from conservative to aggressive, allow participants to factor in both their personal risk tolerance and stage of life. Each portfolio consists of a blend of no-load mutual funds* from some of the nation’s most recognized fund companies. With active portfolio management based on a disciplined investing approach, participants can take comfort in a simple solution that fits their needs and helps them avoid the common mistakes made by individual investors.
Click to download an Elite Fact Sheet.
*An annual asset-based fee will apply as well as the internal expenses and fees of the underlying funds.
The PlanMember Strategist option provides members with access to respected investment management firms that together offer diversified and complementary investment management styles. Members can choose from an array of professionally-managed mutual fund portfolios that pursue a wide range of objectives through distinct management approaches.
Click to download the Strategist-AAMA Participant Fact Sheet.
Click to download the Strategist-CLS Participant Fact Sheet.
Click to download the Strategist-ICON Participant Fact Sheet.
Click to download the Strategist-Russell Participant Fact Sheet.
Click to download the Strategist-Dimensional Fund Advisors Fact Sheet.
Investors can create their own mutual fund portfolio with the assistance of their PlanMember Financial Professional. This option provides access to more than 1,300 mutual funds from many of the nation’s most recognized fund companies.
Click to download a PlanMember Select Fact Sheet.
Variable annuities from leading insurance companies offer a wide variety of equity, fixed-income, money market, asset allocation and target date sub account options managed by several recognized investment managers. You can also choose from a variety of insurance features, including an option that offers a guaranteed rate of interest and principal.*
*Guarantees and benefits are subject to the claims-paying ability of the underlying insurance company.
Investors should consider the investment objectives of a variable annuity carefully before investing. An investment in a variable annuity involves investment risk, including possible loss of principal. Variable annuities are designed for long-term investing. The contract, when redeemed, may be worth more or less than the total amount invested. Variable annuities are subject to insurance related charges including mortality and expense charges, administrative fees and the expenses associated with the underlying funds. Withdrawals prior to age 59½ may result in a 10% IRS tax penalty, in addition to any ordinary income tax. The guarantee of the annuity is backed by the financial strength of the underlying insurance company. Investment sub-account value will fluctuate with changes in market conditions.
You should carefully consider the investment objectives, risks, charges and expenses of a variable annuity and its underlying investment options before investing. For a copy of the prospectus for the annuity and its underlying investments, which contains this and other information about variable annuities, contact the financial professional for your plan. Read the prospectus carefully before you invest.
Withdrawals from annuities, including partial withdrawals and surrenders, may be taxable. If you take a taxable withdrawal before age 59½ you may have to pay a 10% penalty to the IRS in addition to your normal income taxes. Purchasing an annuity with a retirement plan that already offers tax deferral results is no additional tax benefits. The guarantee of the annuity is backed by the financial strength of the underlying insurance company. Guarantees and benefits are subject to claims-paying ability of the insurance company. Although it is possible to have guaranteed income for life with a fixed annuity, there is no assurance that this income will keep up with inflation.
Fixed indexed annuities are insurance contracts and do not directly participate in any stock, bond or equity investments. You are not buying any shares of stocks, bonds or shares of an index. The market index value does not include the dividends paid on the underlying market index. These dividends are also not reflected in any indexed interest that may be credited to your contact. Such contracts have substantial variation in terms, costs of guarantees and features, and may cap participation or returns in significant ways. Investors are cautioned to carefully review a fixed index annuity for its features, costs, and risk and how the variables are calculated. Any guarantees are backed by the financial strength of the insurance company.
Income annuities provide guaranteed lifetime or period-certain income* that can be a valuable component to a retirement income and investment strategy. Income annuity products from a well-recognized insurance company offer either guaranteed immediate income* or guaranteed deferred income* beginning at a date of your choice.
Through your employer’s retirement ERISA 403(b) or 401(k) plan, you can enjoy the exclusive membership benefits of the PlanMember ERISA Program. When you make the decision to enroll, you can invest in a professionally-managed PlanMember Portfolio, or you can choose from a broadly diversified selection of no-load mutual funds* from some of the nation’s most recognized fund companies.
The PlanMember Program offers ten professionally-managed PlanMember Asset Allocation Portfolios. Each PlanMember Portfolio consists of a strategic blend of no-load mutual funds* from some of the nation’s most recognized fund companies and is managed by experienced PlanMember investment professionals according to a time-tested approach. This active, professional portfolio management helps you take the guesswork out of retirement investing and avoid common mistakes made by individual investors.
Click to download the PlanMember Portfolio Flyer.
If you want to create your own mutual fund portfolio, you can self direct the mutual fund allocation of your account and choose from a carefully selected group of no-load mutual funds* from several leading fund companies. See your employer for information about the specific mutual fund selection available through your plan.
The PlanMember 403(b) & 457(b) Savings Program is a turnkey retirement program designed specifically for employees of educational, governmental and other nonprofit organizations. This program offers professionally-managed portfolios of no-load mutual funds1 and advisor-assisted mutual fund accounts that feature many of the nation’s most recognized fund companies, as well as fixed and variable annuity choices from renowned insurance companies.2
You will also enjoy access to outside investment strategists, as well as personalized planning services, toll-free service center support, web-based account access and planning resources, consolidated statements and local ongoing support.
PlanMember 403(b) & 457(b) Program Summary Sheets provide more detailed information, click to find the one that’s right for you.
403(b)/457(b)
403(b)/457(b) Florida
403(b)/457(b) New York
403(b)/457(b) Michigan (MRIC)
1 An asset-based fee applies, as well as other internal fees and expenses of the funds.
2 Funds, fund companies and/or annuity providers subject to change without notice.
Withdrawals from annuities, including partial withdrawals and surrenders, may be taxable. If you take a taxable withdrawal before age 59 ½ you may have to pay a 10% penalty to the IRS in addition to your normal income taxes. Purchasing an annuity with a retirement plan that already offers tax deferral results is no additional tax benefits. The guarantee of the annuity is backed by the financial strength of the underlying insurance company. Guarantees and benefits are subject to claims-paying ability of the insurance company. Although it is possible to have guaranteed income for life with a fixed annuity, there is no assurance that this income will keep up with inflation.
You should carefully consider the investment objectives, risks, charges and expenses of a variable annuity and its underlying investment options before investing. For a copy of the prospectus for the annuity and its underlying investments, which contains this and other information about variable annuities, call 800-874-6910. Read the prospectus carefully before you invest.
Click to download a Strategist-CLS Participant Fact Sheet.
Click to download a Strategist-Russell Participant Fact Sheet.
Click to download a Strategist-Dimensional Fund Advisors Fact Sheet.
Investors can create their own mutual fund portfolio with the assistance of their PlanMember Financial Professional. This option provides access to more than 600 mutual funds from 20 of the nation’s most recognized fund companies.
Click to download the Retirement Select Fact Sheet.
The OPTIFUND® Investment Program is available selectively through a request for proposal bid process for medium and large school districts nationally. The program features a broadly diversified collection of no-load mutual funds* from some of the nation’s most recognized fund companies that is assembled to meet the specific needs and objectives of the plan(s) offered by your employer. Most plans also allow participants to invest in the professionally-managed PlanMember Asset Allocation Portfolios. Other investment options may include a guaranteed fixed account** and/or a self-directed brokerage account.
** The guarantee of the annuity is backed by the claims paying ability of the issuing insurance company.
Many plans offering the OPTIFUND Investment Program feature a series of professionally-managed PlanMember Asset Allocation Portfolios. Each PlanMember Portfolio consists of a strategic blend of no-load mutual funds* from some of the nation’s most recognized fund companies and is managed by experienced PlanMember investment professionals according to a time-tested approach. This active, professional portfolio management helps you take the guesswork out of retirement investing and avoid the common mistakes made by individual investors. Not all plans offer PlanMember Asset Allocation Portfolios.
If you want to create your own mutual fund portfolio, you can self direct the mutual fund allocation of your account and choose from any of the funds offered through your plan.
Not available through all plans, the Guaranteed Fixed Account is designed for participants who have concerns about asset protection and desire to allocate all or a portion of their assets to a product that provides a guarantee against the loss of principal.* Interest rates are guaranteed to never fall below a guaranteed minimum interest rate, which can vary from plan-to-plan.* For plans that offer this option, it can be utilized independently or in conjunction with other OPTIFUND Investment Program investment options.
For the sophisticated investor looking for more investment options than those provided by the plan’s core fund lineup, your plan may include a self-directed brokerage account option. This option allows you to move a portion of your account to a self-directed brokerage account that gives you access to a much broader menu of mutual funds. Not all plans offer this option.
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