Your plan sponsor is simplifying your investment decisions.
You've already taken an important first step by saving in your plan. Automatically investing your savings dollars in a target date fund helps to simplify some investment decisions and may provide an asset allocation in-line with your target retirement date.
A target date fund is designed for investors who hope to retire around a certain date — say, 2025 — and don't want to fuss with changing their allocations of stocks, bonds and cash by themselves. If you want the flexibility to choose different investments beyond the target date funds, you may do so using the plan's core fund menu.
SmartRetirement funds
Your plan sponsor has chosen the SmartRetirement fund as the default fund. Based upon your plan's open enrollment window, your account balance and future contributions in your account will be automatically transferred to the JPMorgan SmartRetirement fund dated closest to when you turn 65.
There's nothing you need to do to take advantage of the investment transfer, unless you choose a different investment mix before the end of your plan's enrollment window.
Choosing a different investment mix
If you are someone that checks your investments periodically, feels comfortable with market terms and investing concepts, and/or understands market cycles and conditions, you might want to choose a different investment mix.
WHAT'S NEXT?
Once you are comfortable with your investment choices, you need to confirm your elections online by following a few simple steps or by calling 855-576-7526. Representatives are available weekdays from 8:30 a.m. to 8:00 p.m. Eastern time. For an online prospectus, visit www.retirementlink.jpmorgan.com and navigate to Participants, then Fund Documents.