IMPORTANT INFORMATION REGARDING YOUR PARTICIPATION IN
THE NOITU INDIVIDUAL ACCOUNT PLAN
By Kevin O’Donnell, CPE, CEBS
Your Retirement Plan allows for a traditional IRA accounts to be rolled over to the NOITU Individual Account Plan.
The rollover option allows you to consolidate your retirement accounts and can help you achieve your asset allocation goals by providing you with complete access to the plan’s investments.
The IRA accounts will continue to grow tax-deferred and you will not pay taxes on those assets until they are withdrawn.
By having your retirement accounts consolidated in the NOITU Individual Account Plan, you will be able to manage your beneficiary designations more easily.
If you have questions regarding the rollover option, please call the Plan office at 718-291-3434 option 6.
PERFORMANCE UPDATE
|
INVESTMENT NAME
|
TICKER
|
AS OF
|
YTD RETURN
|
|
Conservative Portfolio
|
|
08/31/2011
|
1.18
|
|
|
|
|
|
|
Moderate Portfolio
|
|
08/31/2011
|
- .09
|
|
|
|
|
|
|
Aggressive Portfolio
|
|
08/31/2011
|
-4.51
|
|
|
|
|
|
|
Schwab Retirement Advantage Money Fund
|
SWIXX
|
08/31/2011
|
.01
|
|
|
|
|
|
|
PIMCO Total Return Institutional Bond Fund
|
PTTRX
|
08/31/2011
|
3.69
|
|
|
|
|
|
|
Vanguard S&P 500 Signal Fund
|
VIFSX
|
08/31/2011
|
-1.80
|
|
|
|
|
|
|
Oakmark Equity & Income Fund (QDIA)
|
OAKBK
|
08/31/2011
|
-1.33
|
|
T. Rowe Price Capital Appreciation
|
PRWCX
|
08/31/2011
|
-.98
|
|
|
|
|
|
|
Vanguard Balanced Index Signal
|
VIFSX
|
08/31/2011
|
1.30
|
Investors should consider the investment objectives, risks, and charges and expenses of a fund carefully before investing. Prospectuses containing this and other information about the fund are available on www.noitu-iap.com Please read the prospectus carefully before investing to make sure that the fund is appropriate for your goals and risk tolerance. The performance information shown represents past performance and is not a guarantee of future results. The investment return and principal value of an investment will fluctuate so that the shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance information shown above.
New Mobile Application Access
If you have a balance in the NOITU Individual Account Plan, Mobile Apps for iPhone/iPad and Android devices are now available from our provider, Chernoff Diamond &Co., LLC, to track your balance anytime, anywhere.
With the Chernoff Diamond Retirement Account App, you get on-the-go access, so you can track your retirement savings progress no matter where you are:
- Check your account balance
- View year-to-date performance
- Look at your account activity
Stay connected to your retirement savings.
Search ‘Chernoff Diamond’ in your App Store or Android Market and download the App today!
