Even if you have not participated in the 403(b) plan in the past, this is an excellent time to plan for your retirement. Take advantage of one of the Provider Fairs and meet one-on-one with an agent to start preparing for your financial future.
The provider fairs are scheduled as follows:
- November 12 4:00 – 7:00 p.m., Ames AEA office
- November 13 4:00 – 7:00 p.m., First United Methodist Church (new section), 307 W. Ashland Ave., Indianola
- November 18 4:00 – 7:00 p.m., Johnston AEA office, ICN room
- November 18 4:30 – 5:30 p.m., Annunciation Parish Hall, 723 Elm Street, Coon Rapids
Beginning January 1, 2009, you will be permitted to direct money to more than one of the providers for investing if you choose to do so. Currently, you are limited to investing with only one provider. We encourage you to work with your financial advisor to determine what investment options are best for you. While you have the ability to invest in more than one of the providers if you choose, each individual provider has a broad range of investment options that will likely meet your needs. Using multiple providers may mean using multiple financial advisors, which may make it more difficult to manage your overall investment strategy. If you choose to use multiple providers, you will be required to complete a separate Salary Reduction Form for each provider, which will require a signature from each provider’s agent.
Investing 101 Seminar Video Available
In October, Robbie Stoecker from the Iowa Department of Administrative Services’ Retirement Investors Club presented Investing 101 seminars. Go to http://www.aea11.k12.ia.us/intranet/403b/ to view this presentation. It has been divided into chapters so you can view as much or little of the presentation as you want at a time.
