That amount is the maximum catch-up contribution you may make. For Example Karen is a State employee who started participating in the State's plan on January 1, 1991. Now, let's follow the steps outlined above to determine the amount of Karen's catch-up contributions. They show the historical rates of return for each financial services organization's available investment options and the various operating fees that may be assessed against these options for the period ending December 31, 1999. This means that they already exclude the operating fees a financial services organization may charge you for managing, investing or marketing a particular investment option.
Operating expenses appear in separate columns.
About Your Fund Choices To help you identify between these two types of options, variable annuities appear in italic print. Consider the total expenses each fund charges as well as the kinds of services or benefits it provides. Keep in mind that you can reduce your overall investing costs by monitoring these expenses and taking them into account in your investment selection process. Since each financial services organization offers similar investment opportunities, it's a good idea to review the materials from each of these organizations before you make your decision as to where to invest your money. Then, select the one financial services organization that offers the investment options and products that best match your personal financial goals.