IBEW Local 43 FUNDs Office

Invest Well Live a Little

Did you know that when you retire or leave covered employment, you can keep your money in the plan? If you ever consider moving money out of the plan, be sure to keep the following in mind:

Tax and withholding implications
Keeping your money in the plan instead of taking it in cash allows your money the chance to grow on a tax-deferred basis and may help you avoid current income taxes and potential penalties.

Fees and charges if you move your account
The Board of Trustees has negotiated lower investment management and account fees on behalf of members. The investment options in the plan are institutional, so you do not incur a sales charge when you buy or sell them. If you move your money to a vehicle like an IRA, you may face higher fees due to the retail nature of the funds offered.

Automatic rebalancing
Market conditions may change after you’ve selected your investment options. Your plan allows you to set up automatic rebalancing at no charge, which may help you keep your investments in line with your long-term strategy.

Investment oversight and due diligence
The overall effectiveness and fee structure of the plan are reviewed and monitored to help ensure the plan offers high-quality, low-cost investments.

Diversified investment options
Your plan offers a wide range of asset classes for you to select from and remain invested in.

Keeping your current support and services
By keeping your money in the plan, you’ll continue to use the same plan website, empowermyretirement.com, and mobile app to view your estimated monthly retirement income, access spend-down strategies, and take advantage of online educational materials and interactive calculators. You’ll also still have access to Empower representatives who can provide you with the ongoing support and education you need.

If you decide to keep your money in the plan, no action is needed. Your account will remain open. For help making a choice that’s right for you, contact Empower at 833-569-2433 weekdays from 8am to 10pm and Saturdays from 9am to 5:30pm eastern time.

Asset allocation, diversification, or rebalancing does not ensure a profit or protect against loss.
Securities, when presented, are offered and/or distributed by Empower Financial Services, Inc., Member FINR A /SIPC. EEFSI is an affiliate of Empower Retirement, LLC; Empower Funds, Inc.; and registered investment adviser Empower Advisor y Group, LLC. This material is for informational purposes only and is not intended to provide investment, legal, or tax recommendations or advice.
Investing involves risk, including possible loss of principal.
“EMPOWER” and all associated logos and product names are trademarks of Empower Annuity Insurance Company of America. ©2025 Empower Annuity Insurance Company of America. All rights reser ved. 780760-FLY-WF-4255810-0625 RO4409342-0425