Call 1-800-225-5132 to request a prospectus or summary prospectus; each includes investment objectives, risks, fees, expenses, and other information you should read and consider carefully before investing.
*The recommendation is provided by T. Rowe Price Advisory Services, Inc., a registered investment adviser under the Investment Advisers Act of 1940. T. Rowe Price Advisory Services, Inc., and T. Rowe Price Investment Services, Inc., are affiliated companies.
Important Information
An IRA should be considered a long-term investment. IRAs generally have expenses and account fees, which may impact the value of the account. Nonqualified withdrawals may be subject to taxes and penalties. Maximum contributions are subject to eligibility requirements. For more detailed information about taxes, consult IRS Publication 590 or a tax professional regarding personal circ*mstances.
The principal value of the Retirement Funds is not guaranteed at any time, including at or after the target date, which is the approximate year an investor plans to retire (assumed to be age 65) and likely stop making new investments in the fund. If an investor plans to retire significantly earlier or later than age 65, the funds may not be an appropriate investment even if the investor is retiring on or near the target date. The funds’ allocations among a broad range of underlying T. Rowe Price stock and bond funds will change over time. The funds emphasize potential capital appreciation during the early phases of retirement asset accumulation, balance the need for appreciation with the need for income as retirement approaches, and focus on supporting an income stream over a long-term postretirement withdrawal horizon. The funds are not designed for a lump-sum redemption at the target date and do not guarantee a particular level of income. The funds maintain a substantial allocation to equities both prior to and after the target date, which can result in greater volatility over shorter time horizons.
S&P—The “S&P 500 Index” is a product of S&P Dow Jones Indices LLC, a division of S&P Global, or its affiliates (“SPDJI”), and has been licensed for use by T. Rowe Price. Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC, a division of S&P Global (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). T. Rowe Price’s product is not sponsored, endorsed, sold, or promoted by SPDJI, Dow Jones, S&P, or their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product, nor do they have any liability for any errors, omissions, or interruptions of the “S&P 500 Index.”
This material is being furnished for general informational purposes only. The material does not constitute or undertake to give advice of any nature, including fiduciary investment advice, and prospective investors are recommended to seek independent legal, financial, and tax advice before making any investment decision.'
All investments involve risk. All charts and tables are shown for illustrative purposes only.
202212-2644587
I am a financial expert with a profound understanding of investment strategies, particularly in the realm of retirement planning and funds. My expertise is rooted in extensive research, hands-on experience, and a deep comprehension of the intricacies of the financial market.
Now, let's break down the information provided in the article:
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Contact Information: The article begins by urging individuals to call 1-800-225-5132 to request a prospectus or summary prospectus. This is a standard practice in the financial industry, ensuring that potential investors have access to detailed information about the investment products.
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Recommendation Source: The recommendation in the article comes from T. Rowe Price Advisory Services, Inc., identified as a registered investment adviser under the Investment Advisers Act of 1940. The mention of being a registered investment adviser adds credibility, as such entities are regulated and must adhere to specific standards.
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Affiliation Disclosure: The article discloses that T. Rowe Price Advisory Services, Inc., and T. Rowe Price Investment Services, Inc., are affiliated companies. This transparency is crucial for investors to be aware of any potential conflicts of interest.
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Important Information About IRAs: The article emphasizes that an Individual Retirement Account (IRA) should be considered a long-term investment. It outlines the general expenses and account fees associated with IRAs, highlighting the impact on the account's value. Additionally, it warns about potential taxes and penalties for nonqualified withdrawals, providing a comprehensive overview of the considerations involved in IRA investments.
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Retirement Funds Disclaimer: The principal value of the Retirement Funds is not guaranteed, and the article clarifies that this applies at any time, including at or after the target date. The target date is explained as the approximate year an investor plans to retire, assumed to be age 65. The article suggests that the funds may not be suitable for investors retiring significantly earlier or later than age 65.
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Allocation Strategy: The article details the allocation strategy of the Retirement Funds, emphasizing potential capital appreciation during early retirement phases, balancing appreciation with the need for income as retirement approaches, and focusing on supporting an income stream during the post-retirement withdrawal phase.
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Equity Allocation Warning: It mentions that the funds maintain a substantial allocation to equities both before and after the target date. This is a critical point, as it informs investors about the potential for greater volatility over shorter time horizons.
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S&P 500 Index Disclaimer: The article provides information about the use of the S&P 500 Index in the funds, including its licensing by T. Rowe Price. It clarifies that T. Rowe Price's product is not sponsored, endorsed, sold, or promoted by the entities associated with the S&P 500 Index.
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General Information Disclaimer: The article concludes with a disclaimer stating that the material is for general informational purposes only. It explicitly states that it does not constitute advice of any nature and recommends prospective investors seek independent legal, financial, and tax advice before making any investment decision.
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Risk Disclaimer: The final statement emphasizes that all investments involve risk, reinforcing the importance of understanding the inherent uncertainties in the financial markets.
In summary, this article provides a comprehensive overview of important considerations related to investing in Retirement Funds, backed by information from a reputable investment adviser. The disclosure of potential risks, the allocation strategy, and disclaimers contribute to a well-rounded and informative piece for potential investors.
