Nys Deferred Comp Stable Income Fund for Secure Retirement

The NYS Deferred Comp Stable Income Fund is a popular choice for New York State employees looking to secure their retirement. It provides a predictable income stream in retirement, which can help alleviate financial stress.

One of the key benefits of this fund is that it offers a guaranteed rate of return, currently 4.75%, which is higher than many other retirement savings options. This ensures that your money grows over time, even in volatile markets.

By investing in the Stable Income Fund, you can create a predictable income stream in retirement, which can be used to cover essential expenses, such as housing and food. This can help you maintain your lifestyle and enjoy your golden years with peace of mind.

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The Stable Income Fund is a conservative investment option with the objectives of preserving capital while earning a modest current income.

It's designed to provide a reasonably stable income over time in most market environments, which is great for those looking for a low-risk investment.

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The fund is composed of stable value contracts, also known as wrap contracts, that are coupled with separately managed, investment-grade fixed income portfolios.

These portfolios include U.S. Treasury and government agency bonds, corporate bonds, mortgage-backed securities, asset-backed securities, and some limited derivatives and other fixed income investments.

The investments in these portfolios are high-quality, with a minimum weighted average credit quality of AA- or higher, and individual securities have a minimum rating of BBB- or higher as determined by major U.S. rating agencies.

The fund is well-diversified across multiple fixed income sectors and securities, with investment managers using varying styles of investing.

As of December 31, 2022, the fund held 12 different fixed income portfolios with varying average maturities and investment styles, and wrap contracts were issued by 7 different insurance companies and banks.

The overall stable value structure manager is responsible for selecting and negotiating the stable value contracts, managing the fund's liquidity, and monitoring and recommending investment managers among other responsibilities.

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The NYS Deferred Comp Stable Income Fund is a great option for those seeking predictable income in retirement. It offers a fixed rate of return, which can provide peace of mind for those who value stability.

The fund's rate of return is 2.5% per annum, which is higher than the average savings rate. This means that your money can grow over time, even if you're not actively investing.

Investing in the Stable Income Fund is a low-risk option, as it's backed by the New York State Common Retirement Fund. This fund has a long history of stability and returns.

You can invest in the Stable Income Fund with as little as $50 per pay period, making it accessible to a wide range of investors. This flexibility can help you build your retirement savings over time.

The fund's returns are not guaranteed, but they are designed to be more stable than other investment options. This makes it a good choice for those who want to minimize risk in their retirement portfolio.

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