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TD AmeritradeSelf-Directed Brokerage AccountA Guide for Plan ParticipantsBrokerage Option
Inside Your Participant GuideTD Ameritrade Self-Directed Brokerage Account Overview1Is a Self-Directed Brokerage Account Right for Me?1Am I Eligible?2Broader Choice of Investment Options2Getting Started2How Do I Transfer Assets to my TD Ameritrade SDBA?3Accessing your TD Ameritrade SDBA and Placing Trades3Account Statements4How Do I Transfer Back to my Core Account?4Loans and Distributions from my TD Ameritrade SDBA4Profile Changes to my TD Ameritrade SDBA4Who Do I Contact?5
TD AmeritradeSelf-Directed BrokerageAccount OverviewWhat is the TD AmeritradeSelf-Directed Brokerage Account(SDBA)?Your employer makes theTD Ameritrade SDBA available to youas an additional investment optionavailable through your employersponsored retirement Plan (Plan),referred to as the “core account”administered by Voya RetirementInsurance and Annuity Company(VRIAC). This option gives you thefreedom to invest a portion of yourplan assets in a self-directed brokerageaccount that provides access to awider array of investment choices,including open-end mutual funds, fixedincome securities, Exchange TradedFunds (ETFs) and publicly tradedstocks.How is the TD AmeritradeSDBA different from a typicalbrokerage account?Since the TD Ameritrade SDBA is aninvestment option under your Planit is subject to the Internal RevenueCode Section that governs your plan,other laws and the Plan document.Therefore, the same rules andrestrictions that govern your coreaccount apply to the dollars transferredto your TD Ameritrade SDBA.The TD Ameritrade SDBA can only befunded through transfers from one ormore of the Plan’s core investmentoptions. The following securities andtransactions are generally not availablethrough the TD Ameritrade SDBA:short sales, margin trading, optionstrading, foreign securities, currencies,non-exchanged listed limitedpartnership, pink sheet securities,bulletin board securities, futures/commodities, promissory notes, realestate/ property, collectibles, municipalbonds and unit investment trusts.How are the investmentchoices in the TD AmeritradeSDBA different from thoseavailable through my employer’sretirement Plan?There is a significant differencebetween the investment choicesavailable through your employer’sretirement plan and the investmentsavailable through theTD Ameritrade SDBA.Investment options offered throughyour Plan are selected by your planfiduciary through a due-diligenceprocess which helps provide thatyou are offered an array of long-terminvestments.The investment choices availablethrough TD Ameritrade, however, arenot approved, selected, monitoredor reviewed by Voya Financial, Inc.(“Voya”) or your employer-sponsoredPlan, or by TD Ameritrade. When youelect to open a TD Ameritrade SDBA,you assume the sole responsibilityfor researching, selecting, monitoringand managing the investments inyour TD Ameritrade SDBA. As aninvestor, you need to be aware of theadditional risk that may be present inthe investments available through thisoption.Is a self-directedbrokerage account rightfor me?A TD Ameritrade SDBA is designedfor the experienced investor whowants to independently and activelymanage an even greater choiceof investments and is willing topay additional fees and acceptfull responsibility for researching,selecting, monitoring and managingtheir investments. Additionally, Voyaand its affiliated companies, its officers,agents or employees cannot adviseconcerning the suitability of a securityor investment strategy, nor can theyprovide financial, legal or tax advice. Ifyou are confident with an independentapproach to actively managing theretirement assets you’ve invested inthe Plan, the TD Ameritrade SDBAmay be right for you. Keep in mind,however, that if you choose to open aTD Ameritrade SDBA, you also assumethe added responsibility for activelymanaging the investments in youraccount. If you are not comfortableactively managing your owninvestment portfolio, it’s likely the coreinvestments in the Plan will help meetyour needs.What should I consider beforeopening a TD Ameritrade SDBA?The TD Ameritrade SDBA isdesigned for the experiencedinvestor. Before using this optionas part of your retirement savingsportfolio, you should consider whethera TD Ameritrade SDBA is appropriatefor your long-term investment needs. Ifall of the following describes you as aninvestor, the brokerage account maybe right for you: I have access to the Internet. I am knowledgeable aboutinvestment matters. I am comfortable with, andunderstand risk, and I am capableof making my own personalinvestment decisions. I have experience using theInternet to research and managemy investments. I have the time and investmentexpertise to research, evaluate andselect investments consistent with myinvestment strategy and personal riskprofile. I have the time to monitor andmanage my retirement plan portfolio. I am willing to pay additional feesand charges to invest in investmentchoices not available within my coreaccount.I 01
Am I eligible?To open a TD Ameritrade SDBA, youmust have a balance of at least 5,000in your core investment options.Generally, the maximum amountthat can be transferred to the SDBAis 50% of your total core retirementplan account balance although thismaximum transfer limit can vary byplan. The minimum transfer amount istypically 2,500 and you must maintaina minimum core account balance of 2,500. This minimum core accountbalance will be monitored each timeyou request a transfer. Please contactCustomer Service at (800) 584-6001for more details or to confirm themaximum transfer amount applicableto your employer’s plan.Your investments in the TD AmeritradeSDBA are made through transfersfrom your core account. Your payrollcontributions cannot be directed toTD Ameritrade – they must continueto be directed to one or more of thePlan’s core investment options.Remember, your TD Ameritrade SDBAis an investment choice under the Planadministered by VRIAC, so only assetsheld in your Plan may be transferredto the TD Ameritrade SDBA. Eligibilityrules may vary by plan. Pleasecontact your Benefits Office for moreinformation.Broader choice ofinvestment optionsWhat investments are available?Through your TD Ameritrade SDBAaccount you can select from publiclytraded stocks, ETFs, fixed incomesecurities and a broad range ofmutual funds, including No TransactionFee (NTF) mutual funds.1 UsingTD Ameritrade’s online screening tools,you will be able to research and accessin-depth, independent informationabout the investments that you areconsidering.02IYou should consider the investmentobjectives, risks, and charges and expensesof any EFT, mutual fund or other investmentcompany carefully before investing.To obtain a prospectus containing thisand other important information, pleasecall a TD Ameritrade representative at866-766-4015. Please read the prospectuscarefully before investing.As a plan participant in a tax-deferredretirement plan, you should be awarethat certain funds, such as tax-exemptmunicipal bond funds and retailversions of the Plan’s core options,may not be appropriate investmentsbecause of their fund and/or feestructure.What are No Transaction Feemutual funds?The No Transaction Fee (NTF) programallows you to place orders withcertain mutual funds without paying atransaction fee. Shares of mutual fundsin the NTF program must be held for90 days from the date of purchase.Funds redeemed or exchangedwithin 90 days of the purchase datemay incur a transaction fee. The NTFeligibility applies only to the initialtransaction fee associated with thepurchase of the fund. It does notapply to the management fee or otherexpenses associated with the fundincluding any redemption fees. For fulldetails on expenses/fees, please referto the mutual fund prospectus. Read itcarefully before investing. Commissionschedules and fees are subject tochange without notice. Go towww.tdameritraderetirement.com formore complete details on commissionsand fees.1 No-Transaction-Fee (NTF) mutual funds are no-loadmutual funds for which TD Ameritrade does not charge atransaction fee. NTFs, as well as other funds, have othercontinuing fees and expenses described in the fund’sprospectus. TD Ameritrade receives remuneration frommutual fund companies, including those participating inits no-load, no-transaction-fee program, for recordkeeping, shareholder services, and other administrativeand distribution services. The amount of TD Ameritrade’sremuneration for these services is based in part on theamount of investments in such funds by TD Ameritradeclients.Almost all funds held 90 days or less will besubject to a short-term redemption fee of 49.99. Thisfee is in addition to any applicable transaction fees orfees described in the fund’s prospectus.Getting startedHow do I open a TD AmeritradeSDBA? To open an SDBA, pleasefollow these steps below.1. Logon to your core product accountat www.voyaretirementplans.comand select Forms to access theTD Ameritrade Commission Scheduleand Participant Guide. Please contactTD Ameritrade Participant Servicesat 866-766-4015 to request anapplication to open a TD AmeritradeSDBA. If you would like to transfer assetsfrom your Roth money source, youwill need to open an additional SDBAso your Roth money can be keptsegrated from your other moneysources. On the application to opena TD Ameritrade SDBA, please checkthe appropriate box under AccountInformation to identify the type ofaccount you wish to establish. If youhold assets in the Roth money sourceand intend to transfer assets fromthere to the SDBA, please select“Both (Roth and Non-Roth).”2. Complete and return the applicationto TD Ameritrade. TD Ameritrade willopen your Account(s) within 3 (three)business days. Once the accountis opened, TD Ameritrade will sendyou a Welcome Kit that includesyour brokerage account number andexplains their brokerage accountservices, procedures, commissionsand fees. Additionally, you willreceive a Personal IdentificationNumber (PIN) under separate cover.This will arrive separately for securitypurposes. Please note that you willneed both your account numberand PIN to access your accountthrough TD Ameritrade atwww.tdameritraderetirement.com. Furthermore, you will receive twoWelcome Kits if you open a RothSDBA in addition to a regular SDBA.
ete3. Logon using your TD Ameritradeaccount number and PIN. Youwill then be prompted to create aunique User ID and password. At thispoint you will be required to readand accept various agreements.A TD Ameritrade SDBA can onlybe funded through transfers frominvestment options in your coreaccount. You cannot make directdeferrals/contributions into theTD Ameritrade SDBA account orrequest a withdrawal directly fromthe account.What are the fees andcharges associated with theTD Ameritrade SDBA?If you choose to open a TD AmeritradeSDBA, you will be charged a 50 fee,annually on November 1st or the nextbusiness day the New York StockExchange (NYSE) is open, irrespectiveof when the account was opened. Thisfee will be deducted from the coreinvestment options in your accountunder the Plan with Voya. Additionally,you will pay the brokerage accountcommission and fees as describedin the Commission Schedule. Feesmay vary by the type of securitytraded. Please refer to the mutual fundprospectus for additional fees andcharges that may apply to mutual fundtrades.How do I transferassets to myTD Ameritrade SDBA?To transfer assets to yourTD Ameritrade SDBA, you must logon to your core product account atwww.voyaretirementplans.com andselect Manage Investments/FundTransfer.Are there any restrictions ontransferring money to aTD Ameritrade SDBA?Generally, the maximum transferamount is 50% of your total Voyaretirement plan account balance. Theminimum transfer amount is 2,500.You must maintain a minimum coreaccount balance of 2,500. Pleasecontact Customer Service(800) 584-6001 for more details. Direct transfers from some coreinvestment options (i.e., Stable ValueOptions, Fixed Accounts) may besubject to a Market Value Adjustmentand may also have other restrictionsand limitations. See the coreproduct disclosure booklet for moreinformation. Direct transfers to or from somecore investment options such ascompeting Investment Optionsmay prohibit or invoke equity washprovisions as applicable. See the coreproduct disclosure booklet for moreinformation on equity wash rules. A confirmation of the transfer fromyour core account will be mailedimmediately following the transfer.Transferring assets from the coreaccount to the TD Ameritrade SDBAwill be processed as follows: Transfer instructions received by usin good order before the close of theNew York Stock Exchange (NYSE),typically 4:00 p.m. Eastern Time, willbe valued at the next determinedclose of the NYSE (generally, sameday). Transfer instructions received on aday the NYSE is closed, or after theNYSE is closed, will be valued at thenext determined close of the NYSE(generally, the next business day). Once the funds have beentransferred into your TD AmeritradeSDBA, you may begin trading. Your assets will be transferredto a cash account and moved toan insured Deposit Account thefollowing business day. This mayresult in your funds being out of themarket for one business day.Carefully consider the investmentobjectives, risks, charges and expenses ofany money market fund before investing.To obtain a prospectus containing thisand other important information, pleasecall a TD Ameritrade representative at(866) 766-4015. Please read the prospectuscarefully before investing. The TD BankInsured Deposit Account serves as a cashsweep vehicle for earning income on cashbalances in the Self-Directed BrokerageAccount (SDBA) for plan participants.Balances in a TD Ameritrade FDIC InsuredDeposit Account are held at TD Bank, N.A.and TD Bank USA, N.A. or both, wherethey are insured by the Federal DepositInsurance Corporation (FDIC) for up to 250,000 per depositor. TD Bank N.A. andTD Bank USA, N.A. are affiliates ofTD Ameritrade. The TD Bank InsuredDeposit Account (insured deposit account)is the designated sweep vehicle in SDBAs.Cash in a TD Ameritrade FDIC InsuredDeposit Account is held at TD Bank, N.A.and TD Bank USA, N.A., affiliates ofTD Ameritrade. Deposit accounts offeredby participating institutions are eligiblefor Federal Deposit Insurance Corporation(FDIC) insurance up to 250,000. Limitsare per account ownership per institution.Please monitor your entire deposit toensure it does not exceed the coveragelimit. To learn more about FDIC coverage goto www.FDIC.gov.Non-Deposit Investment Products: NOTFDIC INSURED-NO BANK GUARANTEE-MAYLOSE VALUE.I 03
Accessing yourTD Ameritrade SDBAand placing tradesWhat should I know before Iplace a trade in myTD Ameritrade SDBA?Your TD Ameritrade SDBA is a cashaccount, which means you musthave sufficient cash or availablefunds to cover your trade(s) and anyapplicable commissions and fees.Additionally, mutual funds tradedwithin the TD Ameritrade account maybe subject to initial and subsequentinvestment minimums. (For example,many mutual funds require aninvestment minimum of 1,000.)How do I place trades in myTD Ameritrade SDBA?After you have opened and transferredmoney to your TD Ameritrade SDBA,you can access your account andplace trade orders (buy, sell, redeemor exchange) 24 hours a day, 7 days aweek, to be submitted during markethours. You may place trade orders by: Accessing your account onTD Ameritrade’s website atwww.tdameritraderetirement.com –24 hours a day, 7 days a week Using TD Ameritrade’s InteractiveVoice Response (IVR) by calling tollfree (866) 766-4015 – 24 hours aday, 7 days a week Calling TD Ameritrade ParticipantServices toll free at (866) 766-4015,8:00 a.m. to 7:00 p.m. Eastern Time(excluding market holidays). Mobile-Device-specific tradingapplications for the most popularmobile products. Helps you stay ontop of the markets from anywhere.TD Ameritrade offers you a choice:two free mobile apps that both deliveraccess to your watch lists, real-timecharts, quotes, and comprehensivenews and research. Choose the onethat matches your trading style –TD Ameritrade Mobile or04ITD Ameritrade Mobile Trader. Logonto your brokerage account atwww.tdameritraderetirement.comfor details.Loans and distributionsfrom my TD AmeritradeSDBAAccount statementsAre distributions available fromthe TD Ameritrade SDBA?What information will I receiveabout my TD Ameritrade SDBA?Loans and distributions can onlybe made from the core accountinvestment options; yourTD Ameritrade SDBA cannot bedirectly accessed for any type ofdistribution or transfer, includingAutomated Customer AccountTransfers (ACATs). All distributions fromthe Plan, including amounts in theTD Ameritrade SDBA, are subjectto the requirements of the InternalRevenue Code Section that governyour Plan, other laws, and the Plandocument.You will continue to receive yourPlan’s regular quarterly statementthat shows the total account value ofyour core account investment optionsin addition to the aggregate value ofyour TD Ameritrade account. You willalso receive a separate statementfrom TD Ameritrade for your SDBAdetailing individual holdings andtransactions. You will receive thisstatement monthly when there istrade activity in your TD Ameritradeaccount, and quarterly when there isno activity. You can designate howyou would like to receive statementsand trade confirmations by loggingon to your brokerage account atwww.tdameritraderetirement.com.Electronic statements and tradeconfirmations are available.You will also receive fundprospectuses, semi-annual and annualreports for the investments in yourTD Ameritrade SDBA.How do I transfer backto my core account?To transfer assets back to your coreaccount, you may first need toredeem/sell the securities held in yourTD Ameritrade SDBA. Once the tradeshave settled (generally one to threebusiness days, depending upon thetype of security), you can request atransfer to your core account atwww.voyaretirementplans.com. SelectManage Investments/Fund Transfer.WithdrawalsIf you request a withdrawal from thePlan for any reason, only the assetsin your core account can be used forthe withdrawal amount. If the amountof the withdrawal is greater thanthe amount available in your coreinvestment options, you will need totransfer assets from yourTD Ameritrade SDBA to your coreaccount, prior to your withdrawalrequest being processed.LoansLoan disbursements can only bewithdrawn from assets in your coreinvestment options. However, assetsheld in your SDBA will be included inthe calculation of the maximum loanamount available to you. If you requirea loan amount greater than the assetsavailable in your core investmentoptions, you may need to liquidatesecurities in your TD Ameritrade SDBAand transfer the assets to your coreaccount, to satisfy the loan amount.Please keep in mind that loans mayimpact your withdrawal value and limitparticipation in future growth potential.
Systematic Distribution OptionsIf you elect a Systematic DistributionOption from your core account,you will be required to liquidate thesecurities in your TD Ameritrade SDBAand transfer the assets to your coreaccount. VRIAC will not process yoursystematic distribution request until theassets have been transferred to yourcore account. Systematic distributionswill be taxed as ordinary income in theyear the money is distributed to you.Account values fluctuate with marketconditions, and the principal value maybe worth more or less than its originalamount invested.Account ActivityProfile changes to my TD Ameritrade SDBAPlease contact Voya at 800-584-6001 to make profile changes toyour TD Ameritrade SDBA such as name or address.TD .comVoya Financial, st transfers betweeninvestment options withinthe core accountXRequest transfers from thecore account to theTD Ameritrade SDBAXRequest transfers from theTD Ameritrade SDBAto the core accountXPlace trade orders within theTD Ameritrade SDBAXObtain TD AmeritradeSDBA balanceXObtain total core account andTD Ameritrade SDBA balanceObtain investment informationabout the choices within theTD Ameritrade SDBAXXObtain investment informationabout the choices in thecore accountXAsk plan questionsXRequest a withdrawal fromthe PlanX
For more information please contact:Voya Financial Partners, LLCOne Orange WayWindsor, CT 06095www.VoyaRetirementPlans.comNot FDIC/NCUA/NCUSIF Insured I Not a Deposit of a Bank/Credit Union I May Lose Value I Not Bank/Credit Union Guaranteed I Not Insured by Any Federal Government AgencyAny insurance products, annuities and funding agreements that you may have purchased are sold as securities and are issued by Voya Retirement Insurance and Annuity Company(“VRIAC”). Fixed annuities are issued by VRIAC. VRIAC is solely responsible for meeting its obligations. Plan administrative services provided by VRIAC or Voya Institutional PlanServices, LLC (“VIPS”). Neither VRIAC nor VIPS engage in the sale or solicitation of securities. If custodial or trust agreements are part of this arrangement, they may be provided byVoya Institutional Trust Company. All companies are members of the Voya family of companies. Securities distributed by Voya Financial Partners, LLC (member SIPC) or otherbroker-dealers with which it has a selling agreement. All products or services may not be available in all states.TD Ameritrade, Inc., member FINRA/SIPC/NFA. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank. All rights reserved.Used with permission. TD Ameritrade and Voya Financial are separate and unaffiliated and are not responsible for each other’s policies or services.157618 3014748.X.P-5 2017 Voya Services Company. All rights reserved. CN0724-36045-0819DVoya.com5039946
What is the TD Ameritrade Self-Directed Brokerage Account (SDBA)? Your employer makes the TD Ameritrade SDBA available to you as an additional investment option available through your employer-sponsored retirement Plan (Plan), referred to as the core account
