SFR® Program (group mutual fund program)

 

Available for use within a 403(b)(7) or 457

For members who primarily need growth; has market risk

 

The SFR® Program is a retirement plan that is offered through an employer as an additional benefit for employees to help them save and prepare for retirement. It's designed to work as a defined contribution or as a supplemental retirement plan. Eligible employees can participate in the program and make contributions to the plan through payroll deduction.

 

The program provides employees a variety of mutual fund choices and a "fixed account" option (may not be available in all plans).

 

The program offers:

 

• More than 50 choices of investment options from a variety of fund managers

• A Fixed Account Option that offers a declared interest rate instead of volatile market returns

• Diversify your investment mix to achieve a risk level you are comfortable with1

• Choose from different investment strategies - from dollar cost averaging to automatic asset reallocation

 

Speak to your NEA Retirement Specialist to learn more about adding this product to your portfolio.

 

Helpful Resources

 

• Fact Sheet (PDF)

• Forms

• Performance

• Product Brochure (PDF)

 

1 Diversification does not assure a profit.

 

You should consider the investment objectives, risks, charges, and expenses of the mutual funds carefully before investing. You may obtain prospectuses or summary prospectuses (if available) that contain this and other information about the mutual funds by calling our Service Center at 800.888.2461. You should read the prospectuses or summary prospectuses (if available) carefully before investing. Investing in mutual funds involves risk and there is no guarantee of investment results.

 

The Fixed Account Option is a group unallocated fixed annuity contract issued by Security Benefit Life Insurance Company ("SBL"), policy form GV4586. The obligations under the Fixed Account option are guaranteed by Security Benefit Life Insurance Company's General Account in the event that the assets are not sufficient to meet the Fixed Account obligations.

 

Securities are offered through Security Distributors, a subsidiary of Security Benefit Corporation ("Security Benefit").

 

The SFR 401(k) and 401(a) Programs are Trust Accounts under §401 of the Internal Revenue Code. The SFR 403(b)(7) ERISA and 403(b)(7) Voluntary Programs are Custodial Accounts under §403(b)(7) of the Internal Revenue Code. The SFR 457 Governmental Program and the SFR 457 Top Hat Program are Trust Accounts under §457(g) of the Internal Revenue Code.

 

The Security Benefit Foundations Annuity, form 5800 (11-10) and ICC10 5800 (11-10), a flexible purchase payment deferred fixed indexed annuity, and the Guaranteed Lifetime Withdrawal Benefit Rider, form 5821 (5-11) and ICC11 5821 (5-11), are issued by Security Benefit Life Insurance Company. Product features, limitations and availability may vary by state.  Please refer to the annuity contract and GLWB Rider for additional explanation of the product and any charges or limitations.

 

Guarantees provided by annuities are subject to the financial strength of the issuing insurance company. Annuities are not FDIC or NCUA/NCUSIF insured; are not obligations or deposits of, and are not guaranteed or underwritten by any bank, savings and loan or credit union or its affiliates; are unrelated to and not a condition of the provision or term of any banking service or activity.

 

The NEA Retirement Program (“NEA Program”) provides investment products for retirement plans sponsored by school districts and other employers of NEA members and individual retirement accounts established by NEA members. Security Distributors and certain of its affiliates (collectively, “Security Benefit”) make these products available to plans and accounts pursuant to an agreement with NEA’s wholly owned subsidiary, Member Benefits (“MB”), which markets the NEA Program. Security Benefit has the exclusive right to offer the products directly or through other authorized broker/dealers, and MB in marketing the NEA Program generally may not enter into arrangements with other providers of similar investment programs or otherwise promote to NEA members or their employees any investment products that compete with the NEA Program products. Security Benefit pays an annual fee to MB under the agreement. You may wish to take into account this agreement and arrangement when considering and evaluating any communications relating to NEA Retirement products.

 

NEA and MB are not affiliated with Security Benefit. Neither NEA nor MB is a registered broker/dealer. All securities brokerage services are performed exclusively by your sales representative’s broker/dealer and not by NEA or MB.

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NEA, NEA Member Benefits and the NEA Member Benefits logo are registered service marks of NEA Member Benefits.