American Funds RecordkeeperDirect 401k

Manage your American Funds RecordkeeperDirect retirement plan with ease using American Funds RecordkeeperDirect 401k. Designed specifically for participants in these plans, the app allows you to view important account details such as balances, transaction history, and personal rate of return. You can also make changes to your account, including fund exchanges and rebalancing, as well as adjust future contribution allocations. Need to update your contact information? No problem, the app allows you to conveniently update your address, phone, and email.

Features of American Funds RecordkeeperDirect 401k:

> Convenient Account Management: With the app, participants in American Funds RecordkeeperDirect retirement plans can easily manage their accounts. The app provides a user-friendly platform to view key account details, make changes, and update personal information.

> Comprehensive Account Information: The app allows users to access important account details such as balances across investment options and contribution types, personal rate of return, transaction history, and future contribution allocations. This comprehensive information empowers users to make informed decisions about their retirement savings.

> Easy Fund Management: Users can make changes to their accounts directly through the app, as allowed by their plan. This includes exchanging between funds, rebalancing their accounts, and adjusting future contribution allocations. The app simplifies the process of managing investments and ensures that users have control over their retirement savings.

> Quick Access to Loan and Withdrawal Information: The app provides a convenient way to view outstanding loans and recent withdrawals. Participants can easily check the status of their loans or review their withdrawal history, keeping them informed about their financial situation.

FAQs:

> Who is eligible to use the app?

The app is only for participants in American Funds RecordkeeperDirect retirement plans with plan ID's that start with BRK or IRK. It is not meant for other account types, such as American Funds IRA or 529 college savings accounts.

> How can I determine if this app is for my plan?

If you're not sure if the app is for your plan, you can contact your employer for assistance. They can provide you with the necessary information to determine if the app is applicable to your retirement plan.

> Can I make changes to my account through the app?

Yes, users are allowed to make changes to their accounts through the app, as long as it aligns with their plan's guidelines. This includes tasks such as exchanging between funds, rebalancing the account, adjusting future contribution allocations, and updating personal information.

Conclusion:

The American Funds RecordkeeperDirect 401k app provides participants in American Funds RecordkeeperDirect retirement plans with a convenient and efficient way to manage their accounts. With easy access to key account details, comprehensive account information, and the ability to make changes as allowed by their plan, users have full control over their retirement savings. The app also offers quick access to loan and withdrawal information, keeping participants informed about their financial status. Take advantage of this user-friendly app to enhance your retirement planning and achieve long-term investment success.