Airline Pilot PlansAirline Pilot Plan Management
Pronova
YOUR RETIREMENT, BACK ON COURSE.
As an airline Pilot, you have the option to work directly with us and gain access to professional management of your 401k. Below are the platforms this is available based on your employer. Experience the confidence of choice, flexibility, and expert advice.
Tips and Resources for Successful Retirement Planning
Fidelity – BrokerageLink
- Alaska
- American
- Delta
Schwab – Personal Choice Retirement Account (PCRA)
- JetBlue
- Southwest
- Spirit
- United
Self-Directed Brokerage Account (SDBA)
More Choice, More Flexibility.
Over the past few years many employers have enhanced their retirement plans to include a Self-Directed Brokerage Account (SDBA) so that plan participants have more choice and greater flexibility with their retirement investments. This option can be found in many 401(k), 401(a), 403(b) and 457 workplace retirement accounts.
Your Retirement Plan
Core Account
Pre-selected investment choices including target date funds
SDBA
Stocks, bonds, mutual funds, ETF, and access to professional management
The three primary benefits of activating the SDBA in your workplace retirement account and working with your local investment professional are:
Broader range of investment management options
While the Core Account is designed to offer something for everyone, investment options are often generic and only offer a passive or buy and hold approach. Incorporating the SDBA option empowers savvy investors to construct portfolios with multiple managers and investment styles to better diversify their portfolio to weather every market environment.
Risk assessment & alignment
Over time and as assets accumulate, an investor’s risk tolerance changes the closer they get to retirement. Without an advisor’s assistance, allocations often remain stagnant. Due to market growth coupled with additional deposits, the risk associated with the allocation can drift significantly and are often greater than expected and understood.
Advisory services
According to a recent survey only 11% of people used a retirement calculator to determine how much they will need in assets and income at retirement2 Getting help as early as possible to establish healthy habits and a disciplined approach on workplace retirement accounts is essential to retire on time and with enough money.
2Transamerica Center for Retirement Studies – Three Generations Prepare for “Retirement” 18th Annual Transamerica Retirement Survey of Workers – TCRS 1355-1217
ARE EMOTIONS DRIVING YOUR BEHAVIOR?
Avoid the cost of panic with a trusted advisor!
Faced with mortal financial danger, some educated investors still panic. Poor emotional decisions are sometimes made that often compromise investment goals.
68% OF WORKERS
say they don’t know as much as they should about retirement investing.2
Dalbar Study Annualized Returns 1/1/2000 – 12/31/2019†
Over the last 20 years, the average investor underperformed the S&P 500. Emotional behavior can cause irrational decisions and potential loss in returns.
| Average Equity Fund Investor | Average Fixed Income Investor | Average Asset Allocation Fund Investor | S&P 500 | Bloomberg Barclays Aggregate Bond Index | Inflation | |
|---|---|---|---|---|---|---|
| 20 Year | 4.25% | 0.47% | 2.54% | 6.06% | 5.03% | 2.14% |
| 10 Year | 9.43% | 0.63% | 4.79% | 13.56% | 3.75% | 1.75% |
| 5 Year | 7.79% | 0.35% | 3.88% | 11.70% | 3.05% | 1.82% |
| 3 Year | 11.50% | 1.08% | 5.91% | 15.27% | 3.05% | 2.10% |
| 12 Month | 26.14% | 4.62% | 15.36% | 31.49% | 8.72% | 2.29% |
1Source: Avoiding the Cost of Panic by Louis S. Harvey, 12/02/2019
†Dalbar’s 21st Annual Quantitative Analysis of Investor Behavior 2018; Dalbar’s 2020 QAIB Report. Average equity investor and average bond investor performance results are calculated using data supplied by the Investment Company Institute. Investor returns are represented by the change in total mutual fund assets after excluding sales, redemptions and exchanges. This method of calculation captures realized and unrealized capital gains, dividends, interest, trading costs, sales charges, fees and any other costs.
2Source: Transamerica Center for Retirement Studies®, ©2016, www.transamericacenter.org
Source: Francis M. Kinniry Jr., Colleen M. Jaconetti, Michael A. DiJoseph, Yan Zilbering, and Donald G.Bennyhoff, 2019. Putting a value on your value: Quantifying Vanguard Advisor’s Alpha. Valley Forge, Pa.: TheVanguard Group “Putting a Value on Your Value: Quantifying Vanguard Advisor’s Alpha”, Vanguard Research,2014. © 2021 Index Fund Advisors, Inc. (IFA.com).