¡Tenemos el honor de ser reelegidos como proveedor de inversiones del plan de compensación diferida por el estado de Florida!

Earlier this year, Nationwide was honored to be re-selected as a Deferred Compensation Plan Investment Provider by the State of Florida Deferred Compensation Plan. A series of enhancements and modifications were detailed in communications distributed at that time.

Two items are recapped here:

  • Our commitment to fee transparency
  • Tasa de rendimiento competitiva continua del Fondo de la cuenta fija

Fee Transparency Summary

The fees that are assessed to your account are now clearly featured as an Explicit Fee (an asset management charge). Un cargo por administración de activos explícito nos permite ser transparentes y compartir claramente cómo se evalúan los cargos de la cuenta.

Contexto:

  • El Plan incurre en cargos generales por los servicios administrativos continuos de los activos mantenidos en el Plan. Previously, these fees were offset by administrative reimbursements received by the Plan’s investment options and were included in the expense ratios of most investment options in the Plan, which means that participants indirectly contributed towards the cost of Plan administration in the form of an implicit management fee.

  • To provide improved transparency and more equitably allocate the cost of administering the Plan across all participants, participants whose investment options generate administrative reimbursements now have those amounts credited quarterly to their accounts. An explicit asset fee of 8.25% basis points ($0.825 dollars per $1,000 in account assets) is then applied.

  • Assets in the Fixed Account Fund are included in the calculation of the Explicit Fee.

Fixed Account Fund Rate of Return

  • Hasta fines de 2022, se mantendrá el rendimiento actual del 3.50 % sobre los activos mantenidos en el Fondo de la cuenta fija.

  • Over the course of the 5-year contract between the State of Florida Deferred Compensation Plan and Nationwide, an average annual 3.0% guaranteed rate of return will be in effect. Este enfoque se adapta a las fluctuaciones del mercado al mismo tiempo que genera la tasa de rendimiento garantizada más competitiva posible.

  • The competitive minimum rates of return for the Fixed Account Fund that could be assessed for 2022 – 2023 are as follows:

    • Fourth Quarter 2022 — 3.50% (October - diciembre de 2022)
    • 2023 — 3.20% (January - diciembre de 2023)

    We encourage you to compare this rate of return with other firms with whom you might do business.

El asesoramiento de inversiones para Nationwide ProAccount se ofrece a participantes del plan a través de Nationwide Investment Advisors, LLC (NIA), un asesor de inversiones registrado en la Comisión de Valores y Bolsa (Securities and Exchange Commission, SEC). NIA ha contratado a Wilshire Associates Incorporated (Wilshire®) como experto financiero independiente para Nationwide ProAccount. Wilshire es una marca de servicio de Wilshire Associates Incorporated, que no es una afiliada de NIA ni de Nationwide.

La información que proporcionan los especialistas en jubilación es solo para fines educativos y no constituye asesoramiento fiscal ni de inversiones.

Invertir supone un riesgo de mercado, incluida la posible pérdida del capital de un préstamo.