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Employer Saver
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  1. Minnesota Secure Choice
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  3. Frequently Asked Questions
  4. Saver FAQs
  5. Managing Investments and Understanding Fees

What if I don't select investments for my Minnesota Secure Choice account?

Program participants who do not select investments will have their funds invested automatically in the Capital Preservation option until 30 days have passed after an initial contribution has been made. Then, after 30 days, all funds will be exchanged and contributed automatically to a Target Retirement Date option based on the expected year of your retirement at age 65.

Articles in this section

  • Who is responsible for choosing the available investment options?
  • Where can I find information about investments, fees, risks, and other program details?
  • Where do my contributions go?
  • What if I don't select investments for my Minnesota Secure Choice account?
  • Is there a fee to participate in the program?
  • What about expense ratios and fees?
  • What does the administrative fee pay for?
  • Are there measures to keep my Minnesota Secure Choice account safe from cyber threats?
  • Does the program secure funds deposited into employee accounts?
  • What about market volatility?
See more

Related articles

  • Where can I find information about investments, fees, risks, and other program details?
  • Is there a fee to participate in the program?
  • Where do my contributions go?
  • What about expense ratios and fees?
  • What if my employee does not want me to disclose their information to the program?
← SecureChoice.mn.gov