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OLDHAM RESOURCE GROUP - PRIME PLAN
Choose from over 9,000 Mutual Funds
Prime Plan offers investors great variety – choose from no-load and load-waived funds, including single-fund families, from every major asset class. This includes Aggressive Growth, Balanced, Bond Funds, Foreign, Growth & Income, Mid-Cap, Small Company, Specialty and more. And because you’re in control of your investments, you have the freedom to build a portfolio mix of funds that is most appropriate for you.
No Up-Front Sales Charges
No-load and load-waived mutual funds provide no front-end cost, therefore your entire investment goes to work for you immediately.
No Minimum Contribution
There are no minimum contribution requirements, so you can contribute the amount that fits your budget.
Easy To Read Consolidated Statements
Each quarter you will receive a detailed consolidated statement showing all of your funds, their performance, and a graphic portfolio summary. In addition, you will also receive a monthly statement of account transactions.
Daily Account Access
All your funds are valued daily. Log in at www.Prime403b.com 24 hours a day and you can adjust your future allocations and transfer funds among fund families as you wish.
Loan Provisions
Prime Plan offers a 403(b) tax-free loan option, in case early access to your money becomes important such as college education, home purchase, major expense, vacation, etc. Loans must be paid back on a regular basis. *Fees apply
Consolidate Current And Older 403(b) Plans
You can transfer your existing 403(b) plan(s) into Prime Plan and consolidate your holdings into one easy-to-read and manage account. You’ll have access to over 9,000 Mutual Funds, daily account balances, research any fund, and manage and move your money between funds 24 hours a day.
Fees
Prime Plan is a fee-for-service plan, which means you pay for the plan – not for individual transactions*. There is an annual fee of $50. as well as a small percentage of assets (only 0.50%) to cover administrative and advisory functions such as record keeping, reporting and investment management.
Whether you prefer to make your own investment decisions or want the guidance of your own tax shelter specialist, Prime Plan is the retirement account that gives you the most.
Disclosures
Prime Plan is made available to you by Oldham Resource Group, a Participating Service Provider for your District. Securities offered through Prime Capital Services, Inc. (PCS) Member FINRA/SIPC. Investment Advisory Services offered through Asset and Financial Planning, Ltd. (AFP) Accounts carried with National Financial Services, LLC (NFS). Member NYSE/SIPC. PCS and AFP are affiliated entities. Oldham Resource Group, PCS, AFP, and NFS are not affiliated.
Withdrawals are generally taxed as ordinary income and may be subject to a 10 percent federal income tax penalty if made prior to age 59 1/2. Required Minimum Distributions begin at age 70 ½ or retirement, whichever comes first.
Investments and Securities involve risk. A no-load fund is a Mutual Fund that does not impose a sales charge (or “load”) when you buy or sell shares of that fund – but which typically has other costs, including shareholder fees and annual operating expenses. Mutual Funds are sold only by prospectus, which contains more complete information on expenses and risk factors. Be sure to read the prospectus carefully before deciding whether to invest.
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