The ORP gives you a choice of investment options that allow you the flexibility to build your own strategy to meet your financial needs. It is important that you become familiar with the various investment options that will be available in the ORP. Review the Investment Options Guide for information regarding each investment option’s risk, as well as its strategy and objective available. Please consider all investment information before choosing your investments.

⁺You could lose money by investing in a money market fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the fund is not a bank account and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund’s sponsor is not required to reimburse the fund for losses, and you should not expect that the sponsor will provide financial support to the fund at any time, including during periods of market stress.

Self-Directed BrokerageLink 

The ORP offers Fidelity BrokerageLink®, which provides you with an opportunity to invest in a broad range of investment options beyond those offered directly through the Plan. You should compare investments and share classes that are available in your plan’s lineup with those available through BrokerageLink and determine the available investment and share class that is appropriate for your situation. The plan fiduciary neither evaluates nor monitors the investments available through BrokerageLink. It is your responsibility to ensure that the investments you select are suitable for your situation, including your goals, time horizon, and risk tolerance.

Default investment option

Idaho State Board of Education has determined that future contributions to your ORP account that you have not directed to a specific investment option or if your contributions were directed to annuity options no longer available, will be invested at Fidelity in a Vanguard Target Retirement Fund that has a target retirement date closest to the year you might retire and assumes a retirement age of 65. The target retirement date timeline and retirement age were selected by the Plan sponsor.

Target Date Funds are an asset mix of stocks, bonds, and other investments that automatically becomes more conservative as the fund approaches its target retirement date and beyond. Principal invested is not guaranteed. Please use the guidelines in the table below to determine in which Vanguard Target Retirement Fund your future contributions will be invested.