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Did You Know?

December 20, 2011, Volume 58, No. 16

Did You Know?

“Did You Know” is a monthly series that includes valuable tips to help you get the most out of the benefits and services offered by the Division of Human Resources.

Make the Right Investments for Retirement

There’s a lot involved in planning a successful retirement—and picking the right investments is an important step in the process. But with so many options to choose from, how do you make a decision that’s right for you? Well don’t worry—Penn’s retirement vendors can help you find an investment mix that’s tailored to your individual goals.

If you’re a Vanguard member, take advantage of their Participant Funds Recommendations tool. You’ll get guidance on how to invest your money and choose funds that are geared towards your retirement goals. All you need to do is answer a few simple questions about your retirement plans, and Vanguard will make a recommendation based on your personal circumstances.

TIAA-CREF members can also get retirement planning support at the touch of a finger. Use the online Asset Allocation Evaluator for guidance on how to distribute your retirement savings. You’ll get a customized list of investment choices to build your portfolio and get on the road to a successful retirement.

And if you’re still struggling with how to invest your savings, both of Penn’s retirement carriers offer free retirement counseling to help you create an investment strategy that meets your needs.

—Division of Human Resources

Related: Retirement Contribution Limits

Almanac - December 20, 2011, Volume 58, No. 16