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Transcription:

Revised April 2015

Every quarter, your FRS Investment Plan Account Statement provides information you need to know about your retirement account. This guide shows you how to read the Statement and explains the information in each section. The following pages show a sample Statement with circled numbers that correspond to an explanation. Your Statement includes information about: Your current account balance (and how your account has changed during the quarter). The contributions made to your account (where they come from and how they re allocated). Use your quarterly Statement as a gauge for measuring your financial future. Are you on track? Experts say you ll need 70% to 90% of your preretirement income to enjoy the lifestyle you had before retirement. But how do you save that kind of money for the future while managing today s expenses? Fortunately, as an FRS-covered employee, you have access to the experts. Make sure you take advantage of the online ADVISOR SERVICE and MyFRS Financial Guidance Line for free, unbiased financial guidance. Your MyFRS Financial Guidance Program provides all the resources you need to monitor your investments and keep them on track with your retirement objectives. Questions? CALL the toll-free MyFRS Financial Guidance Line 1-866-446-9377 or Telecommunications Relay Service (TRS) 711 Monday through Friday, 9:00 a.m. to 8:00 p.m. ET VISIT MyFRS.com PAGE 2

Your Account Summary A snapshot of your account, including opening balance, deposits, fees/expenses, withdrawals/distributions, gains/losses, closing balance, and the rate of return for the period. Your Investment Plan Contributions The dollar value of the quarterly and yearly employee and employer contributions to your account. Contributions to the FRS Investment Plan The percentage of your salary you and your employer contribute to your account. The sample Statement presented here is for demonstration purposes only. The member information and plan features shown here do not represent your actual account and may not reflect the Statement you receive. PAGE 3

Your Account Balance by Source The pie chart shows the contribution sources as a percentage of your total account. Your vested status is also listed. Vested Status Your total vested (the amount you own) and non-vested balances. Your total years of FRS service are also listed. Your Beneficiaries This section lists the beneficiary(ies) you have designated to receive your Investment Plan assets in the event of your death. The sample Statement presented here is for demonstration purposes only. The member information and plan features shown here do not represent your actual account and may not reflect the Statement you receive. PAGE 4

Your Investment Choices The chart shows how your account is invested and how you have chosen to invest future contributions by fund. Your Account by Asset Class The pie chart shows your current asset class mix. CALL the toll-free MyFRS Financial Guidance Line 1-866-446-9377 or Telecommunications Relay Service (TRS) 711 Monday through Friday, 9:00 a.m. to 8:00 p.m. ET VISIT MyFRS.com PAGE 5

Account Activity by Fund Summary of your transactions by fund during the period, including opening balance, contributions, other deposits, payments, forfeitures/ restorals, transfers, administrative fees, earnings, closing balance, closing units, and the closing price (NAV) per unit. The sample Statement presented here is for demonstration purposes only. The member information and plan features shown here do not represent your actual account and may not reflect the Statement you receive. PAGE 6

About Fees and Expenses Summary of any fees or expenses you are required to pay (for example, Self-Directed Brokerage Account or inactive member fees). 11 You Have Resources to Help Information about your resources through MyFRS.com, the MyFRS Financial Guidance Line, and the FRS Investment Plan Administrator. 12 Plan Sponsor Message Important information for you from the plan sponsor. 11 12 CALL the toll-free MyFRS Financial Guidance Line 1-866-446-9377 or Telecommunications Relay Service (TRS) 711 Monday through Friday, 9:00 a.m. to 8:00 p.m. ET VISIT MyFRS.com FRS-SBA\IP-StatementGuide April 2015 PAGE 7