What happens if some of my investments are at a low point when the transition occurs? Is there a fixed point of transfer?
Assets will be transferred to JPMorgan on July 3. Since all of the investments in the AEP Savings Plan are tax-deferred investment vehicles, the gain or loss on a sale does not impact the value to a plan participant. For example, if your fund is sold at $10,000, the proceeds will purchase $10,000 of the new fund. The new fund should provide a similar or better opportunity for growth through future returns.