To learn more about the S&P Target Date indices, click here.
* The number in the name of the TargetFit target date strategy designates an approximate year in which an investor plans to start withdrawing money. As the TargetFit strategies are spaced 10 years apart, the summary above displays the strategy that most closely aligns with your anticipated retirement year.
The S&P Target Date Index Series comprise multi-asset class indices, each corresponding to a particular target retirement date. Each index provides varying levels of exposure to equities and fixed income, and each target date allocation is created and retired according to a pre-determined schedule related to the respective target date.
The Stadion TargetFit Strategies Collective Investment Trust Series are funds that are Collective Investment Trusts (CITs) created by Benefit Trust Company and administered by Benefit Trust Company, as trustee. Its shares are not deposits of Benefit Trust Company and are not insured by the FDIC or any other agency. The CITs are not mutual funds. The CITs are securities which have not been registered under the Securities Act of 1933 and are exempt from investment company registration under the Investment Company Act of 1940. Stadion Money Management, LLC is the sub-advisor to the TargetFit Strategies Collective Investment Trusts.
The cumulative effect of fees and expenses can substantially reduce the growth of your retirement savings. Visit the Department of Labor’s Web site for an example showing the long-term effect of fees and expenses at http://www.dol.gov/ebsa/publications/401k employee.html. Fees and expenses are only one of the many factors to consider when you decide to invest in an option. You may also want to think about whether an investment in a particular option, along with your other investments, will help you achieve your financial goals.