Retirement Myth: When Transferring Service Providers, There are no Pitfalls. Part 2 - Market Value Adjustments and Fixed Accounts

A new client engaged Innovative to help them transfer their current retirement plan to a new service provider. By recognizing the fund was subject to a market value adjustment (MVA), we devised a plan that eliminated any chance a participant could lose money in their stable value investment during the conversion, and ensured participants still had access to their money.