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Workplace Plans

Target-Date Retirement Funds

Simplify and diversify your investment portfolio based on your time horizon with a target-date fund.
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Overview

Target-date funds, also referred to as target-retirement or life-cycle funds, offer diversification and a strategy that seeks to reduce your investment risk over time, all in one fund.

Target-date funds invest in a variety of underlying funds in proportions that gradually become more conservative over time. You pick the specific fund that currently has the right mix for you of different types of investments, such as stocks and bonds, knowing that the fund's risk level is designed to become more conservative over time.

Each fund has a target date in its name that corresponds to the date you expect to begin to take gradual withdrawals, such as soon after your retirement.

The funds are designed to be withdrawn over a long retirement period and are not designed to prevent losses. Although the amount of risk target-date funds take declines over the years, they'll continue to invest in some higher-risk assets even after the target date is reached.

Log in to your account to view availability and fee-adjusted profile information.

Target-Date Funds

Please note: Target-date funds are not a complete solution for all of your retirement savings needs. An investment in a target-date fund includes the risk of loss, including near, at, or after the target date of the applicable fund. There's also no guarantee that a target-date fund will provide adequate income at and through an investor's retirement. Selecting a target-date fund does not guarantee that you will have adequate savings for retirement.

As always, be sure to review your overall investment strategy. Prefer a simple, diversified approach that invests according to your comfort level with risk? Then learn more about the target-risk funds.

Investors should carefully consider their own investment goals, risk tolerance, and liquidity needs before making an investment decision. Investing involves risk, including possible loss of the amount invested. The Funds’ offering and disclosure documents include a complete summary of all fees, expenses, financial highlights, investment objectives and strategies, and risks, and should be carefully reviewed before investing. This information is available after logging in to your account or upon request by contacting us.

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