Investment Tutorial
 

8. Job Changes Happen!
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Job Changes Happen!

To stress again, it is important to understand the benefits of a Rollover IRA versus a taxable account when faced with a 401(k) distribution.  The 401(k) vehicle has become the single largest source of retirement savings for average US consumers.  Losing any of that valuable savings to taxes too early may severely affect your ultimate retirement goals.  Don’t think you will be faced with a 401(k) distribution soon?  Think again.

As the chart above shows, the average number of years a U.S. employee is attached to one employer has fallen precipitously in the last 25 years.  As of 2000, the average employee's job tenure per employer was only 4 years.  Considering that most Americans work for at least 40 years, that (which) amounts to a lot of job changes, and a lot of 401(K) distribution decisions.  Be sure to consider a Rollover IRA when faced with this decision.

*Illustrations shown and returns do not reflect the results or performance of any particular investment or mutual fund.

**The funds do not offer tax advice.  Since individual tax situations vary, this strategy may not be suitable for all investors.  Please consult your tax advisor to see how this information pertains to you.

***Shares of a mutual fund are not deposits of, or obligations of, or guaranteed by, any bank or its affiliates, or are they federally insured by the FDIC.  Investments in the funds involve investment risk, including the possible loss of principal.

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Effective January 31, 2011, the Fund's Form N-MFP filings will be made publicly available via the SEC website and can be obtained by clicking the following link: http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000885093&type=N-MFP&dateb=&count=20&scd=filings


Performance Funds distributed through BHIL Distributors, Inc. Member FINRA (www.finra.org)

Trustmark Investment Advisors, Inc. serves as the investment advisor to the Performance Funds and receives a fee from the funds for its services.

Mutual funds, annuities, and other investments are:

  • not insured or guaranteed by the FDIC or by any other government agency or government sponsored agency of the federal government or any state
  • not deposits, obligations, or guaranteed by BHIL Distributors,INC
  • subject to investment risks, including possible loss of the principal amount invested

These funds may not be available for sale in all states. Contact your investment professional concerning how/if you can purchase shares of the Performance Funds. Composition of each fund's holdings is subject to change.

An investor should consider the fund's investment objectives, risks, and charges and expenses carefully before investing or sending money. This and other important information about the investment company can be found in the fund's prospectus.  To obtain a prospectus, please call 1-800-737-3676.  Please read the prospectus carefully before investing.