Morningstar Retirement Manager

Saving for your retirement is easy – but it can be hard to know if your investment selections and savings rate decisions will lead to meeting your retirement goals. To help you feel more in control of your financial future, the SUNY Retirement Plans have added services from the investment professionals at Morningstar Investment Management LLC to offer advice and guidance personalized just for you.

Manage My Plan Manually (Online Advice) – Provides objective online investment advice at no charge from the investment options available under the Plan.  There is no charge for this service.  Features include:

  • Research and reports about the Plans’ investment options.
  • Tools to help you set retirement goals and recommended an asset mix.
  • Specific, independent, objective and professional investment advice to help you create a diversified portfolio.
  • Personalized investment option recommendations that factor in your unique financial situation and savings objectives.

Have Morningstar Manage My Plan (Managed Accounts) – A fee-based managed account program available to participants who would prefer to have Morningstar actively manage their account. Participants who enroll in this service receive a personalized retirement strategy, discretionary asset management, and ongoing oversight to help them meet their retirement goals.  This service is ideal for employees who lack the time or desire to actively manage their retirement account.  Participants who select this service would be charged an annual fee of 0.40 % (0.20% to Voya, 0.20% to Morningstar Investment Management LLC). Morningstar would, in turn, assume responsibility for monitoring your account on a quarterly basis and execute appropriate transactions on your behalf.

For more information about Morningstar Retirement Manager, log in to your account and click Get Investment Advice at the top of the page. Then follow the easy prompts to see how your retirement strategy ranks and if Morningstar Investment Management LLC advice services could be right for you.

 

IMPORTANT: The projections or other information generated by Morningstar® Retirement Manager℠ regarding the likelihood of various retirement income and/or investment outcomes are hypothetical in nature, do not reflect actual results (including investment results) and are not guarantees of future results. Results may vary with each use and over time.

Morningstar® Retirement ManagerSM is offered by Morningstar, Inc. and is intended for citizens or legal residents of the United States or its territories. The investment advice delivered through Morningstar Retirement Manager is provided by Morningstar Investment Management LLC, a registered investment adviser and subsidiary of Morningstar, Inc. Morningstar Investment Managements' advisory service relates solely to the investment options offered under the plan. Retirement plan funding products offered through Voya Financial Partners, LLC (member SIPC) or other broker dealers with which it has selling agreements. Voya Financial provides Morningstar Investment Management with the plan's investment options and information about participants but the decisions regarding the advice provided are made by Morningstar Investment Management. Voya and its companies are not affiliated with Morningstar Investment Management, LLC or its affiliates, and receive no fee or other direct financial benefits from Morningstar Investment Management in connection with the use of its services. The Morningstar name and logo are registered marks of Morningstar, Inc.