Human Resources
黑料社区
Roudebush Hall, Room 15
501 E. High St., Oxford, OH 45056
513-529-3131
513-529-4223 (fax)
Self-Directed Brokerage Option (SDBO) Availability
Miami has implemented a self-directed brokerage account option so that financially savvy participants can invest in a wider array of mutual funds to more customize their portfolio.
Investments
Consider your risk tolerance when selecting investments. If you prefer to work with a financial professional, you may wish to meet with a financial advisor to suggest a portfolio based on the options available in the ARP/403(b) retirement Plan. This retirement plan investment advice is available at no additional cost to you through each of the approved vendors (Corebridge (AIG), Equitable, Voya, TIAA).
黑料社区 recommends that you exercise caution and consider seeking professional guidance when investing through a brokerage account and keep in mind that there are risks associated with investing in securities, including possible loss of principal.
The self-directed brokerage option is available to ARP and 403(b) plan participants. With this option, the 黑料社区 Retirement Plan investment menu is organized into three tiers:
Tier 1 (already existing) will provide a Lifecycle or Target-Date Fund (based on your current age and your estimated retirement age).
A lifecycle or target-date fund is a“fund of funds,” primarily invested in shares of other mutual funds. The fund’s asset allocation is are adjusted from more aggressive to more conservative over time as the target retirement date approaches. The principal value of a lifecycle fund isn’t guaranteed at any time and will fluctuate with market changes. The target date represents an approximate date when investors may plan to begin withdrawing from the fund. However, you are not required to withdraw the funds at the target date. Also, please note that the lifecycle fund is selected for you based on your projected retirement date (assuming a retirement age of 65). After the target date has been reached, some of your money may be merged into a fund with a more stable asset allocation.
Tier 2 (already existing and includes the funds in Tier 1) will offer a core investment lineup (both passive and actively managed mutual fund choices across all major asset classes and will include recognized major mutual fund providers).
The core investment menu offers a wide range of investment options. These options cover the major asset classes including equities, fixed income, guaranteed, money market, multi-asset, and real estate.
Tier 3 is a Self-Directed Brokerage Account option. This option is for an experienced or sophisticated investor that will allow him/her to choose preferred investment fund choices through a brokerage window (note -there may be additional and/or higher fees associated with this option).
For investors with specialized investing needs, more choice can mean more opportunities to direct retirement investments across markets and asset classes outside of the Plan’s core lineup. With the brokerage account, participants can independently research and select from thousands of mutual funds.
It’s important to understand that 黑料社区 will not monitor the performance of the funds offered through the brokerage account, and your ARP/403(b) vendor will not offer investment advice for brokerage assets. Plan participants will bear the risk of investing through the brokerage account.
The choice is yours. You can choose to invest in one or more of the investment tiers and can update your selections at any time.
| Corebridge (formerly AIG) | Equitable (formerly AXA) | TIAA | Voya | |
|---|---|---|---|---|
| Name of SDBO Provider / Product | Schwab Personal Choice Retirement Account (PCRA) | TD Ameritrade | TIAA | TD Ameritrade |
| Price for participant (not including transaction fees) | $50 annual | $125 annual ($50) initial | $0 | $50 annual |
| Enrollment | Corebridge Customer Service (other paperwork) | Equitable Customer Service (other paperwork) | TIAA Website TIAA Brokerage Line | Voya Website |
| Phone Numbers | 800-448-2542 | 866-766-4015 | 800-927-3059 | 800-584-6001 |
Schedule an Appointment with an Advisor
To learn more, you are encouraged to schedule an appointment with an advisor:
Equitable (formerly AXA)
Carol Rodgers-Rivir, 859-630-2226, Carol.rodgers@equitable.com
TIAA
Retirement@Work Customer Service, 844-567-9090
Corebridge Financial
Luke Scott, 614-436-4551 (office) | 614-395-7742 (cell),
Voya Financial Advisors
Matt Carter, 513-651-5224, matthew.carter@voyafa.com
Derek Stiles, 937-353-5472, 800-451-4702 x4025472, derek.stiles@voyafa.com
Jeff Rankin, CFS,< 937-353-5492, 800-451-4702 x4025492, JeffreyRankin@voyafa.com
Our Mission
Working alongside the various departments and units within 黑料社区, we strive to recruit, cultivate, acknowledge, and involve a diverse pool of talent to fulfill their goals and the overarching goals of the institution.