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What happens if an investment option is discontinued?

April 26, 2017discontinued happens Investment option

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What happens if an investment option is discontinued?

1 Answer

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The investment options available in your plan are subject to change. If an investment option is discontinued, it may be replaced by another with similar objectives. All participants contributing to a discontinued investment option will be notified in advance and given the opportunity to transfer their money to other investment options. If they don’t transfer their money, it will be automatically transferred to another specified investment option on a specified date.