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Self-Directed Brokerage Account

Fidelity BrokerageLinkĀ®

A self-directed brokerage account combines the convenience of your retirement plan with the additional flexibility of an individual brokerage account. The objective of Fidelity BrokerageLink® is to provide a broad range of mutual funds that allow you expanded choices in managing your retirement savings.

The plans will also offer a self-directed brokerage account where you can generally invest in any mutual fund on the open market that is available on Fidelilty's platform.

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.

  • Fidelity BrokerageLinkĀ®

    FPRS Code: BLNK

    Objective: To provide expanded investment choices beyond the standard plan lineup that allow you more options to manage your retirement savings.

    Strategy: Fidelity BrokerageLink® [NQP] accounts are brokerage accounts that are established as part of an employee benefit plan and are subject to plan rules. Plan participants have trading authority over the accounts. You are responsible for determining how to invest the assets in BrokerageLink [NQP]. Available investments through BrokerageLink [NQP] may include, but are not limited to: mutual funds, ETFs, stocks, bonds, certificates of deposit (CDs), foreign securities, mortgage securities, U.S. Treasury securities, unit investment trusts (UITs), and Real Estate Investment Trusts (REITs). Please review the BrokerageLink [NQP] Fact Sheet to determine what investments are available under your plan. Brokerage services are provided through Fidelity Brokerage Services LLC, a member of the New York Stock Exchange and Securities Investor Protection Corporation.

    Risk: BrokerageLink includes investments beyond those in your plan's lineup. 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 the investments you select are suitable for your situation including your goals, time horizon, and risk tolerance. See the fact sheet and commission schedule for applicable fees and risks. BrokerageLink [NQP] is neither a mutual fund nor is it managed by any of the Fidelity Investments group of companies.

    Who may want to invest: Someone who is comfortable with researching and evaluating a broad universe of investments and wants to invest part of his or her retirement savings in these investments through a brokerage account.

    Someone who wants the highest degree of flexibility in selecting investments for his or her retirement savings.

Before investing in any investment option, consider the investment objectives, risks, charges, expenses, and available share classes. Contact Fidelity for a mutual fund prospectus or, if available, a summary prospectus. Read them carefully.

A mutual fund expense ratio is the total annual fund or class operating expenses (before waivers or reimbursements) paid by the fund and stated as a percentage of the fund's total net assets. For other types of investments, the figure in the expense ratio field reflects similar information, but may have been calculated differently than for mutual funds. Mutual fund data comes from the fund's prospectus. For non–mutual fund investment options, the information has been provided by the plan sponsor, the investment option's manager, or the trustee. When no ratio is shown for these options, it is because none was available. There may be fees and expenses associated with the investment option. Expense information changes periodically. Please consult NetBenefits for updates.

You are not permitted to make a direct exchange from New York Life Guaranteed Interest Account to Fidelity BrokerageLink or Vanguard Federal Money Market Fund Investor Shares (considered “competing funds”). Before exchanging from New York Life Guaranteed Interest Account, you must first exchange to a “noncompeting” fund for 90 days. While these requirements may seem restrictive, they are typically imposed by issuers such as insurance companies, banks, or other approved financial institutions, as a condition for issuing investment contracts to retirement plans.

Willamette University

Human Resources

Address
University Services Building
Willamette University
900 State Street
Salem Oregon 97301 U.S.A.
Phone
503-370-6210 voice
503-370-6570 fax