Morningstar® Retirement ManagerSM

Voya offers investment advisory services through Morningstar Investment Management LLC an unaffiliated, independent investment advisor, and a wholly owned subsidiary of Morningstar®, Inc.  The Morningstar Retirement Manager platform offers both online advice and tools (Managed by You) and Morningstar’s managed account services (Managed by Morningstar).

Managed by You – Provides objective online investment advice at no charge from the investment options available under the Central Peninsula Hospital 403(b) Defined Contribution Retirement Plan.  There is no charge to the Hospital’s participants for this service.  Features include:

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

Managed by Morningstar – 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 0.50 % (0.25% to Voya, 0.25% to Morningstar Investment Management LLC) would in turn assume responsibility for monitoring participants’ accounts on a quarterly basis and execute appropriate transactions on the participants’ behalf.

For additional information on the Morningstar Retirement Manager, please contact your local Financial Professional. 

 

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 Investment Management LLC, a registered investment adviser and subsidiary of Morningstar, Inc., and is intended for citizens or legal residents of the United States or its territories The Morningstar name and logo are registered marks of Morningstar, Inc. Morningstar Investment Management's advisory service relates solely to the available investment options offered under the plan. Retirement plan funding products are 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 available 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. An administrative fee will apply depending on the service selected. The Morningstar name and logo are registered marks of Morningstar, Inc.