​​Investment options

Local Union Retirement Income Program

Depending on your lifestyle needs, income objectives, and level of investment experience, you can select from a diversified range of investment and income options1. You have the flexibility to select a single program option, or you can combine choices to create the retirement portfolio that meets your unique needs.
 

PlanMember Elite

A time-tested approach to retirement investing

PlanMember Elite is a full-service option featuring four different series of PlanMember Asset Allocation Portfolios that are managed according to a time-tested approach to retirement investing. You can select from the Elite Index Portfolios that favor index mutual funds, the Elite Hybrid Portfolios that combines index and actively managed-funds, the Elite Active Portfolios that favor actively-managed funds, and/or the Elite ESG* Portfolios that invest in funds with an environmental, social, and/or corporate governance focus. These broadly diversified portfolios consist of strategic blends of mutual funds from many of the nation’s most recognized fund companies and are designed to meet the needs of investors of any age.

*There is no assurance that ESG strategies will result in more favorable investment performance or will be successful.

View Elite Fact Sheet

 

PlanMember Strategist® portfolios

A diversified range of portfolio management styles

The PlanMember Strategist options provide you with access to a variety of investment management firms (Strategists) that together offer diversified and complementary investment management styles. You can invest in professionally managed mutual fund portfolios that are managed according to passive, active, risk-based, and goal-based management, as well as qualitative and quantitative approaches.

Selected Strategists include Dimensional Fund Advisors and Russell Investments.
 

Talbot Core Equity SMA

Large Cap Equity Separately Managed Account consisting of individual securities

Managed by Talbot Financial, a registered investment advisor focusing on wealth management for higher net worth families. The portfolio consists of up to 50 positions, primarily large-cap value securities. These securities are actively managed, with special focus on tax-efficient trading. Talbot Financial, LLC is an investment advisor specializing in individual equities and fixed income.

Fact Sheet [LINK NEEDED]

 

Income Annuities

Guaranteed income for now or later

One of the fundamental principles of the Local Unions Retirement Income Program is that essential expenses should be covered by guaranteed income sources.¹ Based on this belief, the Program offers guaranteed income annuity products from New York Life² that provide you with either immediate income or deferred income beginning at a date of your choosing. Both have a variety of payment options including guaranteed lifetime income³ for you and / or your spouse.

View Income Annuities Fact Sheet (LINK NEEDED)

 

Fixed annuity options

Guaranteed returns and return of purchase payments

If you are seeking guaranteed returns,1 you can choose fixed annuity options3 from Security Benefit Life.2 You can select a flexible premium option with low initial and ongoing contribution requirements and offering the feature of a guaranteed return of purchase payments.1

View Fixed Annuity Fact Sheet (LINK NEEDED)

 

PlanMember Participant Choice™

A do-it-yourself approach

The PlanMember Participant Choice option4,5 allows you to create and manage your own investment account from a platform of more than 70 no-load funds from several of the nation’s most recognized fund companies,6 including American Funds, Dimensional Fund Advisors, Federated Hermes, Fidelity, T. Rowe Price, and Vanguard.

PlanMember Participant Choice™ Program Fact Sheet



The use of diversification as part of your investment strategy neither assures or guarantees better performance and cannot protect against loss in declining markets.

  1. Guarantees and benefits are subject to the claims-paying ability of the underlying insurance company.
  2. Annuity option product names, contract form numbers, surrender schedules, state availability, and other disclosures can be found on the insurance company fact sheet for each of the respective annuity options.
  3. Other income options available. Maximum issue and annuitization age are subject to state approval.
  4. PlanMember Participant Choice is a client directed option. Client is solely responsible for meeting investment minimums and policies disclosed in the applicable fund’s prospectus.
  5. Options subject to change without notice, and some options are not available in all states and/or employer plans.
  6. Funds and fund companies subject to change without notice.