Oregon College Savings Plan

Guaranteed Portfolio Option

If you have a short investment horizon or you’re looking to preserve your funds, the Guaranteed Portfolio Option may be right for you.

Maybe you’ve been saving for a while and your account has been steadily growing - but the college years are just around the corner. You’re happy with what you’ve got and you don’t want any surprises. It’s no longer about getting big returns, it’s about making sure what you’ve got is safe. Perhaps you just want to make sure the contributions to your account are protected.

Either way, you might want to consider the Guaranteed Portfolio Option, which is a good way to safeguard your money with next to no risk.


How the Guaranteed Portfolio Option Works

This investment portfolio seeks to preserve capital and provide a stable return. You may want to consider it if you have a short investment horizon and are looking for a conservative investment with a low level of risk.

Guaranteed Portfolio Option
(Risk Level – Conservative)
col1 col2

PRINCIPAL PLUS INTEREST

Investment Objective. This Investment Portfolio seeks to preserve capital and provide a stable return.

Investment Strategy. The assets in this Investment Portfolio are allocated to a funding agreement issued by TIAA-CREF Life, which is an affiliate of the Plan Manager, to the Board as the policyholder on behalf of the Plan. The funding agreement provides a minimum guaranteed rate of return on the amounts allocated to it by the Investment Portfolio. The minimum interest rate will be neither less than 1% nor greater than 3% at any time. The guarantee is made by the insurance company to the policyholder, not to Account Owners. In addition to the guaranteed rate of interest to the policyholder, the funding agreement allows for the possibility that additional interest may be credited as declared periodically by TIAA-CREF Life. The rate of any additional interest is declared in advance for a period of up to 12 months and is not guaranteed for any future periods. The current effective annual interest rate applicable to the funding agreement will be posted on the Plan’s website.

Transfers from the Principal Plus Interest Portfolio to the Money Market Portfolio are not permitted. If this restriction changes, you will be notified prior to the effective date of this change.

The funding agreement to which this Investment Portfolio is allocated is: TIAA-CREF Life Ins. Co. Funding Agreement.

Effective April 1, 2017, contributions received, and accumulations arising from such contributions, under the Funding Agreement for the Principal Plus Interest Portfolio as of April 1, 2017 will be credited to the Board with an effective annual interest rate of 1.XX% and are guaranteed to earn this rate through March 31, 2018, subject to the claims paying ability of TIAA-CREF Life.

100.00%Funding Agreement
+ X

Guaranteed Portfolio Option

(Risk Level – Conservative)

Guaranteed Investment Option
PORTFOLIO NAME ALLOCATION PORTFOLIO OBJECTIVE
PRINCIPAL PLUS INTEREST
Investment Objective. This Investment Portfolio seeks to preserve capital and provide a stable return.

Investment Strategy. The assets in this Investment Portfolio are allocated to a funding agreement issued by TIAA-CREF Life, which is an affiliate of the Plan Manager, to the Board as the policyholder on behalf of the Plan. The funding agreement provides a minimum guaranteed rate of return on the amounts allocated to it by the Investment Portfolio. The minimum interest rate will be neither less than 1% nor greater than 3% at any time. The guarantee is made by the insurance company to the policyholder, not to Account Owners. In addition to the guaranteed rate of interest to the policyholder, the funding agreement allows for the possibility that additional interest may be credited as declared periodically by TIAA-CREF Life. The rate of any additional interest is declared in advance for a period of up to 12 months and is not guaranteed for any future periods. The current effective annual interest rate applicable to the funding agreement will be posted on the Plan’s website.

Transfers from the Principal Plus Interest Portfolio to the Money Market Portfolio are not permitted. If this restriction changes, you will be notified prior to the effective date of this change.

The funding agreement to which this Investment Portfolio is allocated is: TIAA-CREF Life Ins. Co. Funding Agreement.

Effective April 1, 2017, contributions received, and accumulations arising from such contributions, under the Funding Agreement for the Principal Plus Interest Portfolio as of April 1, 2017 will be credited to the Board with an effective annual interest rate of 1.75% and are guaranteed to earn this rate through March 31, 2018, subject to the claims paying ability of TIAA-CREF Life.

100.00%Funding Agreement
Read More X

[ ACTIVE CONTENT HERE ]