Investment Management Assistance Through Wespath

This article was originally published in the July 2017 issue of Hark!

Need some assistance choosing investments for your retirement savings account? You’re not alone. Nearly 80% of Wespath-administered retirement plan participants use LifeStage Investment Management to manage their retirement accounts.

This service simplifies your investing by choosing diversified and risk-appropriate funds based on factors such as your age, account balance and the choices you make in your LifeStage Personal Investment Profile, then rebalancing your account as needed.

Just specify your risk tolerance (aggressive, moderate or conservative) and whether you expect to receive Social Security benefits. If you participate in the Ministerial Pension Plan (MPP), also enter your Expected Benefits Commencement Date (the date when you expect to begin receiving benefits). Keeping your Personal Investment Profile up to date helps the service choose investments that are appropriate for your situation.

Not sure whether LifeStage Investment Management is right for you? Evaluating investments can be complicated—even for experienced investors. That’s why Wespath offers objective, confidential financial consultations at no cost from EY Financial Planning Services at 1-800-360-2539.*

You can even view a modeled investment mix before electing the service. Go to benefitsaccess.org—after logging in, click “Take Action” and make a selection under MANAGE INVESTMENTS. You can change your Profile or opt-out of the service at any time.
 

* EY Financial Planning Services are available to active participants and surviving spouses with account balances, and to retired and terminated participants with account balances of at least $10,000. Costs for these services are included in Wespath’s operating expenses that are paid for by the funds.

 

 
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