Thomas Idzorek, CFA, chief investment officer — Retirement at Morningstar Investment Management LLC in Chicago, and lead author of the paper, tells PLANADVISER, «Our managed account engine will consider age, plan account
balance, salary, contribution, state of residence — different states have different tax rates — employer
tiered match, employer contribution, plan loans, brokerage account holdings, retirement age, gender and pension as well as other outside assets to
determine the recommended allocation to equities for each participant.»
The Premier Relationship Interest Rate will be earned on your Choice Money Market Savings account, and is calculated as follows: On the last day of your statement cycle, your Choice Money Market Savings account's end - of - day collected
balance tier will be
determined.