Page 9 - American Century Retirement Plan Enrollment Guide

Get personalized advice
Get personalized advice
Your Plan offers you access to third-party personalized advice. This benefit can play a key role in your retirement savings goals.
This advice:
• Calculates a target retirement income goal
• Provides personalized recommendations on how much to save for retirement, when you can plan to retire, and when to start taking Social Security benefits
• Selects the investments for your retirement Plan account, based on the investments available within your Plan
The power of personalization
Information such as salary, account balance, savings rate, estimated Social Security benefits,
or other sources of income creates a more holistic view of you, your retirement income goals, and your investment style.
Ongoing professional management
What’s more, for a fee, you can receive professional management of your retirement plan account through the managed account service, which provides ongoing investment monitoring and will automatically make changes to your investments as your retirement needs change and you get closer to retirement.
Advice is provided by Morningstar Investment Management, an independent registered investment adviser.
It’s easy to get started. Log in to your account at workplace.schwab.com to access the self-serve advice tool or schedule an appointment to chat one- on-one with an Advice Consultant, who can walk you through the process and explain Morningstar Investment Management’s recommendations to you.
Schwab Personal Choice Retirement Account®
Are you a knowledgeable, experienced investor with the time and interest to conduct your own research and decide how to invest? Or, are you interested in investing in American Century Mutual Funds in the Investor or Institutional share classes not available through the Plan’s core investment line-up? The Schwab Personal Choice Retirement Account (PCRA) is a brokerage account you manage yourself that provides access to more investment choices than are otherwise available in the Plan.
You must first enroll in the Plan and then complete
the PCRA application. The application can be found at workplace.schwab.com, Manage Account > Open PCRA Application.
How Does it Work?
• Once your PCRA is approved and opened, you may transfer any portion of cash from existing Plan investments into your PCRA.
• Take advantage of the many online tools to help you search and analyze investment opportunities.
• Place trade orders in your PCRA online through Schwab.com or by calling a Schwab PCRA Representative at 1-888-393-7272 from 8:00 a.m. to 6:30 p.m. CT, Monday through Friday.
Please note: Schwab Retirement Plan Services, Inc. is restricted from providing access to advice on a PCRA. Some PCRA investments may have initial and subsequent investment minimums. There may be other fees associated with trading. For more information on charges and minimums, contact a Schwab PCRA Representative.
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