Audience: All participants with funds invested in the LifePath 2025 Fund
Product: Defined contribution, Hybrid, 457 and Health Care Savings Program
Date Sent: Week of July 22
Format: Mailed letter
Description: Effective October 4, retirement plan assets in the LifePath 2025 Target Date Fund will transfer to the LifePath Retirement Fund. This is because the fund is reaching its target date. In transferring funds, stock investments are reduced, and bond investments are increased. This reduces investment risk for participants as they approach retirement.
All participants with assets currently invested in the 2025 LifePath Fund will receive a letter with details on the transfer the week of July 22.
Sample: