 Hopefully,
you’ve taken the opportunity to visit the new Adventist HealthCare
Retirement Plan (AHRP) Web site:
www.ahrpconnection.com. This brand-new Web site is your connection
to education and information about the AHRP and the importance of
saving, investing, and planning for a financially secure retirement.
In April a mailer was sent to AHRP participants
introducing the site and describing the information available there.
The topics are organized through various stages of involvement in the
retirement plan – from considering how much to save through the
decisions you will need to make as you near retirement.
The site is available 24/7 and does not require a
secure logon. Content will be continually updated to include plan
provision changes and additional information that will be helpful as
you consider your own retirement needs.
Brokerage Window Coming Soon
The AHRP offers a broad spectrum of Investment
Choices covering the major asset classes and fund management styles.
However, through the years we have received many letters and requests
for particular funds not offered through the Plan. Although we have
not been able to accommodate all requests, a new feature will be
introduced that will allow access to most mutual funds available in
the marketplace. (Individual stocks and bonds will not be available –
mutual funds only).
In October, 2011, the AHRP will introduce a
brokerage window, also known as a self-directed brokerage account,
through which Participants may access mutual funds not offered through
the current AHRP Investment Choice panel. Those who wish to use this
feature will incur a modest charge for the transactions and their
chosen funds will then be included among the fund allocation used in
their AHRP account.
The advantages of a brokerage window are greater
diversification and flexibility, but the downside is that with greater
choice comes additional risk and additional cost. This feature is
designed for investors who have a good understanding of the investment
markets and a sound knowledge of investment principles.
Further details on the brokerage window provision
will be provided when the service is available. |
