SAVINGS PLAN MANAGEMENT
We understand that people who fly solo with their employer-sponsored retirement savings plan may not be able to make smart investment decisions. Our flagship program is created for people who want or need to delegate investment decisions to an expert. This asset allocation and rebalancing program is designed for 401(k), 403(b), 457, and other defined-contribution retirement plans sponsored through employers.
The RMS Investment Committee monitors the current economic and market environment for any trends that could affect your account. Based on reallocation and rebalancing decisions, your account can be reallocated an average of twice per year and rebalanced just as often.
For purposes of efficiency, Retirement Management Systems (RMS) takes a discretionary approach to managing assets. While we do our best to keep you informed of any potential changes within the strategy, we will not inform you before reallocating your account.
No, RMS does not require you to open an additional account. It works within your existing account and uses the investment choices offered through your retirement plan.
Based upon the RMS investment philosophy, RMS recommends that a client hold little to no exposure to company stock. If a client would like to hold a certain percentage in company stock, RMS can accommodate that request.
Once we receive your Savings Plan Management paperwork, RMS will require approximately 7-10 business days to establish your account within our systems, research the investment options available, and reallocate your account to the strategy you’ve selected with your advisor.
Yes. Work with your financial advisor to determine if the existing strategy is still suitable. Every year, you will complete our investor profile questionnaire to guide that decision. Although it is not recommended to veer frequently from your selected strategy, you may make strategy changes throughout the year.
Yes, nothing changes with how you access your account online. However, you should not make changes to the investments in your account while enrolled in this service.
No, because deducting a fee from the account requires the permission of your company and the custodian of the account. If you are in a position to influence that permission, fee deduction may be possible.
If you want to change the login credentials for your account (some plans force a password change quarterly or annually), let us know so that we can continue to monitor your account. We will discover a change of credentials the following day when we update your account information. You will receive a secure email from RMS asking you to update your credentials with us.