Investment Advice and Financial Coaching
Investment Advice & Financial Coaching
Visit the RIT Service Center for questions about your benefits.
Helping our employees secure their financial future is important to us. Therefore, RIT offers Investment Advice and Financial Coaching for RIT employees through CAPTRUST, one of the largest retirement plan consulting firms in the country.
Program Information
CAPTRUST provides employees with professional, confidential and independent investment advice and financial coaching at no cost to you. The CAPTRUST counselors are available to meet with you individually by phone or via the web and your spouse/partner is welcome to join the appointment as well. CAPTRUST will not try to sell you any products or services.
CAPTRUST has been helping people successfully plan for retirement and optimize their employer-sponsored retirement plan benefits for more than thirty years. Learn more about CAPTRUST >
In addition to the Investment Advice and Financial Coaching, CAPTRUST provides investment advice to the RIT Retirement Savings Plan Investment Committee.
The following groups are eligible to use Captrust's services:
- Regular full-time and part-time employees
- Adjunct faculty and staff employees
- RIT retirees
- LTD recipients who receiving RIT benefits
Investment Advice Support
- Deciding how much you should contribute to the retirement plan
- Provide advice on your investment fund choices to help you maximize your long-term investment objectives while taking into account your risk tolerance
- Determining the difference between pretax and Roth contributions and which contribution type is best for you
- Understanding the differences between Fidelity and TIAA and which recordkeeper is best for you
- Understanding the differences between TIAA’s legacy investments (pre-2012) and current investments and if migration is right for you
- Understanding loans and distributions
Financial Coaching Support
- Creating a budget
- Creating a financial plan
- Debt and credit issues
- College savings
Schedule your appointment today! You can schedule your appointment by visiting the CAPTRUST website or call 800-967-9948.
*if you would like to have a virtual meeting, please be sure to indicate this when you schedule your appointment. If scheduling online, make a note in the Additional Comments section that you would like a Microsoft Teams meeting. Captrust will provide a link to you prior to your meeting. ADD how to request an interpretator.
Your spouse/partner or family member is welcome to join you at your meeting as well.
To make the most of your time with the Captrust counselor, be ready for your appointment by having the following pieces information available:
- your Fidelity and/or TIAA account login information,
- a recent copy of your account statement,
- current paystub,
- any other financial records you would like to review with the counselor during your appointment.
When you meet with CAPTRUST, the first step is to work with them to create a Retirement Blueprint™, a comprehensive planning tool tailored to your individual needs. The CAPTRUST Counselor will guide you through the decision-making process and provide you with individual advice such as to how much you need to save, how to invest your retirement assets and how to integrate your information alongside your spouse/partner’s accounts and/or other investments.
Recordkeeper Retirement Meetings
CAPTRUST is not replacing our retirement plan recordkeepers. Fidelity and TIAA remain the recordkeepers for the RIT Retirement Savings Plan. You can still use their services and online tools and calculators. Fidelity continues to be the master administrator for the plan. Any changes to your contributions or investments should be done directly through Fidelity. Information on how to make these changes can be found on the RIT Retirement Savings Plan page under Enrollment & Changes.
Representatives from Fidelity Investments available to meet with you individually. They would be happy to help you assess your current retirement savings picture and figure out what you can do to start saving even more. To make an appointment, contact:
Fidelity
Virtual and On-campus appointments
(800) 642-7131/V
(800) 259-9743/TTY
Over-the-phone consultation
(800) 248-4213/V
Representatives from TIAA are available to meet with you individually. They would be happy to help you assess your current retirement savings picture and figure out what you can do to start saving even more. To make an appointment, contact:
TIAA
(585) 246-4600/V
(585) 246-4610/TTY