Understand your investment options
Make informed decisions about your retirement
Investing is about putting your money to work so it grows over time and helps you meet your future needs. With New York Secure Choice, you have access to a range of investment options that allow you to invest your contributions based on your retirement goals.
How you choose to invest will depend on your tolerance for risk. It's important to know that all investing comes with some degree of risk. The descriptions below can give you a sense of what each investment option can offer. Please note, nothing on this page should be construed as investment advice. Before making any investment decisions, consider speaking with a financial advisor.
Choose what’s best for you
You can stay invested in the standard, default investment option, or you can choose from the below list of funds.
Your investment options
Conservative Principal Protection Fund
This option is intended to be a cash-like fund that seeks to help investors preserve the value of their savings by investing in money market securities. The Conservative Principal Protection Fund is 100% invested in the State Street Institutional U.S. Government Money Market Fund (GVMXX). All participants in New York Secure Choice will have their initial contributions automatically invested in the Conservative Principal Protection Fund for 30 days, unless they have chosen otherwise.
Target Retirement Date Funds
Each Target Retirement Date Fund has a specific “target date” (for example, 2035, 2045, 2055) and invests in a mix of stocks and bond funds based on how far away it is from its target date. Certain funds have asset allocations to drive growth for younger investors and become more conservative over time to help investors preserve savings as the funds near their target dates. The Target Retirement Date Funds are 100% invested in BlackRock LifePath® Index Retirement Funds.
Target Retirement Date Fund (LIRKX)
BlackRock LifePath Index Retirement Fund
Target Retirement 2030 Fund (LINKX)
BlackRock LifePath Index 2030 Fund
Target Retirement 2035 Fund (LIJKX)
BlackRock LifePath Index 2035 Fund
Target Retirement 2040 Fund (LIKKX)
BlackRock LifePath Index 2040 Fund
Target Retirement 2045 Fund (LIHKX)
Target Retirement 2050 Fund (LIPKX)
BlackRock LifePath Index 2050 Fund
Target Retirement 2055 Fund (LIVKX)
BlackRock LifePath Index 2055 Fund
Target Retirement 2060 Fund (LIZKX)
BlackRock LifePath Index 2060 Fund
Target Retirement 2065 Fund (LIWKX)
BlackRock LifePath Index 2065 Fund
Target Retirement 2070 Fund (LIYKX)
Growth Fund
The Growth Fund seeks to match the potential growth of large companies in the U.S. stock market by investing in companies included in the S&P 500® Index. The Growth Fund is 100% invested in the State Street Equity 500 Index Fund (SSSYX).
Growth and Income Fund
The Growth and Income Fund is intended to be a more conservative option that seeks to help investors preserve the value of their savings, while still earning income by investing in bonds. The Growth and Income Fund is 100% invested in the State Street Aggregate Bond Index Fund (SSFEX).