The recent market selloff has produced volatile market conditions. In unpredictable times, it's easy to lose sight of long-term investment and savings goals by taking immediate actions to protect your portfolio. But market history and common sense investing would advise against it. If you choose to take immediate action, you could negatively impact your retirement savings.
The market, by nature, fluctuates on an almost daily basis. As an investor in a retirement savings plan, review your portfolio's performance over longer periods of time to help put market volatility in perspective. Measuring performance this way will prevent you from making investment decisions based on short-term market fluctuations, and will better prepare you to meet your long-term savings goals.
How much do you know about your possible retirement paycheck sources? Take a dip with the August DC Update to gain a better understanding of how you'll stay afloat financially in retirement. Plus, learn more about the role the deferred compensation plan plays in your retirement strategy, including the different ways you can contribute to your savings account.
View the August DC Update
The New York Stock Exchange will be closed on Friday, July 3, 2015 in observance of Independence Day. Due to the holiday, transactions submitted via Account Access after 3:00 p.m. Central time (CT) on Thursday, July 2, will be processed as of the close of business on Monday, July 6. The Plan’s call center will reopen at 7:30 a.m. CT on Monday, July 6.
Have a fun and safe holiday weekend.
For employees who were unable to pick up a cooler at Employee Recognition Day, an education specialist will personally deliver it to your agency within the next few weeks. In addition to the giveaways, participating employees were also entered into the Plan's random prize drawing. Those winners are:
- Carman Jamison - Goal-Specific Financial Plan ($175 value)
- Cindy Heislen - $15 Restaurant Gift Card
- Eric Foster - $15 Restaurant Gift Card
- Janice Wieberg - $15 Restaurant Gift Card
Congratulations to all of the winners and thanks to everyone who helped make this event a success.
The Retirement IQ Scavenger Hunt is complete! Thanks to everyone who participated. Because of the overwhelming response, please be patient as we work
through the submissions. Prize winners will be announced next week (June
15-19) and the giveaways will be distributed by our education
specialists in the coming weeks. Once the winning entries are compiled,
we will contact winners directly to arrange a time and place to pick up
their giveaway. Thanks again for your participation in the Retirement IQ
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