RBFCU Freedom Retirement Plan™
A smart way to build your future
With the RBFCU Freedom Retirement Plan, you can create a plan you’ll feel confident about. This plan is offered through an exclusive partnership with Nationwide® and is available to employees in school districts and certain tax-exempt organizations served by RBFCU. It’s offered in 403(b), Roth 403(b), 457(b) and Roth 457(b) retirement plans with a variety of investment options, no front- or back-end sales charges and no transfer fees.
RBFCU Freedom Retirement Plan benefits and features
- Exclusive partnership with Nationwide
- Diversified investment options with a variety of investment companies on one platform
- Competitive fixed-rate option
- No front- or back-end sales charges
- No transfer fees
- Available to employees in school districts and certain tax-exempt organizations served by RBFCU
Diversified investment options available with the RBFCU Freedom Retirement Plan
With the RBFCU Freedom Retirement Plan, you have the option to invest in several of the leading mutual fund companies, including, but not limited to:
- American Funds
- Dimensional (DFA)
- Franklin Templeton
- J.P. Morgan
Why we partnered with Nationwide
Unlike a federally insured account, mutual funds containing stocks, bonds and other investments are not guaranteed. Their performance depends on the health of different financial markets, the performance of the mutual fund portfolio manager, and fees and other expenses.
As a result of performance, investment options and low costs, the RBFCU Retirement Program elected to work with Nationwide in order to create the RBFCU Freedom Retirement Plan. Nationwide is the choice of a large portion of the nation’s independent investment advisors for their client’s tax-advantaged retirement assets, including variable annuities, 401(k) plans and IRAs.
Our fiduciary responsibility
RBFCU Retirement Program has a fiduciary responsibility to you. This simply means we want to ensure the mutual fund choices in our line-up meet your needs, not ours.
To provide this fiduciary protection, we’ve partnered with LeafHouse Financial. As an investment fiduciary, their focus is to prudently select, evaluate and monitor investments that are solely in your best interest, so you can plan your future with confidence.
How does the RBFCU Freedom Retirement Plan compare?
Maximum charge allowed by TRS
RBFCU Freedom Retirement Plan
|Asset-based management fee||2.75%||1.06%|
Know your choices when planning your retirement
Request a complimentary consultation
To learn more about the RBFCU Retirement Program and benefits of enrolling, contact us at:
Already have an RBFCU Freedom Retirement Plan account?
Log in to Nationwide’s website to manage your RBFCU Freedom Retirement Plan account. Once you log in, you can:
- Update your personal profile and preferences
- View your balance and transaction history
- Access beneficiary information, statements and tax documents
- Use educational tools and calculators
- Research funds and investment options
- Read newsletters about the market, investing and how to better position yourself to help meet your financial goals
- View presentations that can help you make informed decisions about investing and retirement planning
What will my income be after I retire?
What will my expenses be after I retire?
What is the difference between a 457(b) plan and a 403(b) plan?
Both types of plans are tax deferred, but with the 457(b), you may withdraw when you leave your employer, or in the case of death, disability or unforeseen emergency, regardless of your age. Whereas with the 403(b), you can receive your distributions at age 59½, upon severance of employment or become fully disabled.
Can I transfer my 403(b) plan at any time?
Yes. If you are still employed, you may transfer your 403(b) between eligible 403(b) providers. If you are no longer employed or otherwise meet a qualifying event, you become eligible to roll funds over to an IRA or other eligible retirement plan.
RBFCU Investments Group LLC is a wholly-owned subsidiary of RBFCU Services LLC. RBFCU Services LLC is affiliated with Randolph-Brooks Federal Credit Union (RBFCU). Securities sold, advisory services offered through CUNA Brokerage Services Inc. (CBSI), member FINRA / SIPC, a registered broker/dealer and investment advisor. CBSI is under contract with the financial institution to make securities available to members. Not NCUA/NCUSIF/FDIC insured, May Lose Value, No Financial Institution Guarantee. Not a deposit of any financial institution. FR-2529771.1-0519-0621