Morningstar® Retirement Manager
It may not be rocket science. Or brain surgery. But that doesn’t mean retirement planning isn’t without its share of challenges. Between figuring out your asset allocation and rebalancing your portfolio, it’s enough to make anyone’s head spin. Fortunately, there is help. It’s called Morningstar® Retirement ManagerSM.
Morningstar Retirement Manager is available to you as part of Nevada Deferred Compensation’s (NDC) retirement plan. It’s a service designed to give you the power to make informed decisions about your employer’s retirement savings plan without having to have an advanced degree in micro-economics. While asset allocation and rebalancing are well-known investment strategies, neither strategy can assure nor guarantee better performance and cannot protect against loss in declining markets.
OPTION 1 - Managed Accounts (Managed by Morningstar): Managed Accounts (Managed by Morningstar) lets you hand the responsibility of managing your account over to the investment professionals at Morningstar Investment Management LLC. That means not only will you get personalized advice and guidance from some of the industry’s leading investment professionals, you’ll have a service that puts those recommendations into action for you.
You’ll benefit from ongoing monitoring of your investment selections and your portfolio will be automatically rebalanced when necessary. Of course, you’ll receive regular Retirement Updates so you’ll always have a clear view of what’s happening with your account. Managed by Morningstar is available for an additional fee of 0.50%.
OPTION 2 - Investment Advice (Managed by You): With this option, you manage your own retirement savings account based on expert advice and recommendations that you receive from Morningstar Investment Management LLC. You’ll get portfolio recommendations based on your unique goals, age, and situation; savings rate recommendations; and retirement planning resources to help you save for the future. But it’s up to you to implement the recommendations you receive, keep an eye on your account, and rebalance your portfolio when necessary. With a range of educational tools at your fingertips, this option may also help you become a more informed investor. There are no additional fees or costs associated with Investment Advice (Managed by You).
It’s easy to get started. Log onto your account, click Go to My Account and then Get Advice in the left navigation bar. It may help make saving for the future a lot less puzzling.
Morningstar Investment Management LLC and the Voya Financial family of companies are not affiliated with Nevada Deferred Compensation.
Morningstar Retirement Manager is offered by and is the property of Morningstar Investment Management LLC (“Morningstar Investment Management”), a registered investment advisor and a wholly owned subsidiary of Morningstar, Inc., and is intended for citizens and legal residents of the United States and its territories. Morningstar Investment Management’s advisory service relates solely to the investment options offered under the plan. Retirement plan funding products offered through Voya Financial Partners, LLC (member SIPC) or other broker dealers with which it has selling agreements. Voya™ provides Morningstar Investment Management with the plan’s investment options and information about participants but the decisions regarding the advice provided are made by Morningstar Investment Management. Voya and its companies are not affiliated with Morningstar Investment Management or its affiliates, and receive no fee or other direct financial benefits from Morningstar Investment Management in connection with the use of its services. The Morningstar name and logo are registered marks of Morningstar, Inc.