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  1. Tony, Did you speak to your union president about adding Security Benefits? I was able to get support from her after meeting to discuss our poor options in the district (we had 4 vendors at the time, all insurance companies). Since Security Benefits in endorsed by NEA, it went smoothly and I moved all my money to Direct Invest with Security Benefits.
  2. I'm trying to get a better understanding of the effect of load on investment returns. In particular I took a look at a fund that was chosen for me by a vendor: American Funds 2045 target Date Retire A: https://www.morningstar.com/funds/xnas/aahtx/quote.html I know it was a terrible choice considering that it is Class A fund with 5.75% load and an expense ratio of 0.72%. When looking at a growth of 10K over 10 years shown on Morningstar Report, I want to understand whether the 10K was invested before the 5.75% was deducted or after. When comparing to Vanguard Target Retirement Fund 2045, American Funds actually appears to be a better option: Vanguard growth of 10K over 10 years: $31,115 American Funds growth of 10K over 10 years: $32,115 Question: Is 10K invested before the 5.75% was deducted or after ? Is anyone familiar with how Morningstar figures this out?
  3. Take a look at NEA DirectInvest that should be available to you through Security Benefits. https://www.securitybenefit.com/individuals/products/mutual-fund-custodial/nea-directinvest.aspx My school currently has four vendors AXA, Legend, Lincoln and VALIC. We are adding Security Benefits to the list this summer and this particular option looks great to me. I'm not sure how it compares to your choices at Fidelity. This particular plan is marketed for "those NEA Members who feel confident enough and wish to make their own retirement planning decisions". If you are on this site, you are probably one of those NEA members. The fee for this plan is $35 per year for account balances less than $50,000 No fee for account balances over $50,000 The following 28 funds are available to you: American Century Equity Growth Dreyfus International Stock Index Dreyfus S&P 500 Stock Index Dreyfus Smallcap Stock Index Federated Mid Cap Index Invesco Equity and Income Fund Invesco Mid Cap Growth Invesco Small Gap Growth Janus Growth and Income Perkins Mid Cap Value PIMCO Foreign Bond-Hedged PIMCO Total Return Prudential Jennison Value T. Rowe Price Retirement 2010 T. Rowe Price Retirement 2020 T. Rowe Price Retirement 2030 T. Rowe Price Retirement 2040 T. Rowe Price Retirement 2050 T. Rowe Price Retirement 2060 T. Rowe Price Retirement Income Vanguard 500 Index Vanguard Growth Index Vanguard Intermediate Term Bond Index Vanguard Mid Cap Index Vanguard REIT Index Vanguard Small Cap Index Vanguard Total International Stock Index Vanguard Total Stock Market Index
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