LifePath Paycheck Overview

Your retirement is a chance to claim your time, chart your path, and pursue your next great adventure. To take full advantage of this new era takes careful planning, and may raise challenging questions, like…

how much will you spend each year? how long will your nest egg last?

About 1 in every 3 65-year-olds alive today will celebrate their 90th birthday.

As more of us enjoy longer lives, these questions will become even more important.

We know that as you prepare for next phase of life, you need retirement options that help you make thoughtful choices.

LifePath Paycheck from BlackRock is an innovative retirement income solution designed to help provide some predictability in a world of unknowns.

Here’s how it works:

First, you pick the target date fund closest to the year you turn 65.

Then, it goes to work…

By seeking growth early on, and gradually reducing risk as you approach retirement.

In the year you turn age 55, your portfolio will begin allocating to the lifetime income asset class, which provides you with the option to purchase a lifetime income stream from selected insurers using a portion of your retirement savings.

No matter where you are in your retirement planning journey, LifePath Paycheck is designed to deliver the support that you need every step of the way.

Feel more empowered in your planning, so you have more time and confidence to focus on living life to the fullest.

LifePath PaycheckTM funds. Simply better prepared. For Life.TM

Important Information

Note to plan sponsors and responsible plan fiduciaries: This material is intended for use by plan sponsors and other responsible fiduciaries of an eligible retirement plan only and is being provided by BlackRock for informational and educational purposes as you consider developing materials related to the LifePath Paycheck™ (“LPP”) solution that you may wish to provide to your plan participants in the future. This material and statements herein should not be considered fiduciary investment advice by anyone nor be construed as a promise regarding your plan’s investment options or plan outcomes. It is strictly confidential and may not be reproduced for, disclosed to or otherwise provided in any format to any other person or entity (other than your professional advisors bound by obligations of confidentiality) without the prior written consent of BlackRock.

The LPP solution may include collective investment funds maintained by BlackRock Institutional Trust Company, N.A. (“BTC”), which are available only to certain qualified employee benefit plans and governmental plans and not offered to the general public. Accordingly, prospectuses are not required and prices are not available in local publications. To obtain pricing information, please contact your local service representative at BlackRock. BTC is a wholly-owned subsidiary of BlackRock, Inc. For ease of reference, “BlackRock” may be used to refer to BlackRock, Inc. and its affiliates, and subsidiaries, including BTC (unless the context otherwise indicates). Any strategy referred to herein does not give rise to a deposit or other obligation of BlackRock, is not guaranteed by BlackRock, is not insured by the United States Federal Deposit Insurance Corporation or any other governmental agency, and may involve investment risks, including possible loss of principal invested.

The opinions expressed may change as subsequent conditions vary. The information and opinions contained in this material are derived from proprietary and non-proprietary sources deemed by BlackRock to be reliable. No representation is made that this information is accurate or complete. There is no guarantee that any forecasts made will come to pass. Reliance upon information in this material is at the sole discretion of the reader.

This material does not constitute a recommendation by BlackRock or any Selected Insurer, or an offer to sell, or a solicitation of any offer to buy or sell any securities, insurance contract(s), product or service. The information is not intended to provide investment advice. BlackRock does not guarantee the suitability or potential value of any particular investment. This is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution would be unlawful under securities laws of such jurisdiction. Any distribution, by whatever means, of this information and related material to persons other than those referred to herein is strictly prohibited. Investing involves risk, including possible loss of principal. Asset allocation models and diversification do not promise any level of performance or guarantee against loss of principal. Investment in the funds is subject to the risks of the underlying funds. The principal value of the funds is not guaranteed at any time, including at and after the target date. Past performance does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s interest, when redeemed, maybe worth more or less than the original cost. Any index returns appearing herein are for illustrative purposes only and do not represent actual fund performance. Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index. Collective fund performance assumes reinvestment of income and does not reflect management fees and certain transaction costs and expenses charged to the fund. Actual results may differ depending on the size of the account, investment restrictions, when the account is opened, and other factors. Risk controls, asset allocation models, and proprietary technology do not promise any level of performance or guarantee against loss of principal.

The LifePath Paycheck™ funds and MyLifePath™ digital platform use patented technology. US Patent No. 11,605,131.

© 2024 BlackRock, Inc. or its affiliates. All rights reserved. BlackRock, LifePath, Simply Better Prepared. For Life., and LifePath Paycheck, are trademarks of BlackRock, Inc. or its affiliates. All other trademarks are those of their respective owners.

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Your retirement is a chance to claim your time, chart your path, and pursue your next great adventure. To take full advantage of this new era takes careful planning, and may raise challenging questions, like…

how much will you spend each year? how long will your nest egg last?

About 1 in every 3 65-year-olds alive today will celebrate their 90th birthday.

As more of us enjoy longer lives, these questions will become even more important.

We know that as you prepare for next phase of life, you need retirement options that help you make thoughtful choices.

LifePath Paycheck from BlackRock is an innovative retirement income solution designed to help provide some predictability in a world of unknowns.

Here’s how it works:

First, you pick the target date fund closest to the year you turn 65.

Then, it goes to work…

By seeking growth early on, and gradually reducing risk as you approach retirement.

In the year you turn age 55, your portfolio will begin allocating to the lifetime income asset class, which provides you with the option to purchase a lifetime income stream from selected insurers using a portion of your retirement savings.

No matter where you are in your retirement planning journey, LifePath Paycheck is designed to deliver the support that you need every step of the way.

Feel more empowered in your planning, so you have more time and confidence to focus on living life to the fullest.

LifePath PaycheckTM funds. Simply better prepared. For Life.TM

Important Information

Note to plan sponsors and responsible plan fiduciaries: This material is intended for use by plan sponsors and other responsible fiduciaries of an eligible retirement plan only and is being provided by BlackRock for informational and educational purposes as you consider developing materials related to the LifePath Paycheck™ (“LPP”) solution that you may wish to provide to your plan participants in the future. This material and statements herein should not be considered fiduciary investment advice by anyone nor be construed as a promise regarding your plan’s investment options or plan outcomes. It is strictly confidential and may not be reproduced for, disclosed to or otherwise provided in any format to any other person or entity (other than your professional advisors bound by obligations of confidentiality) without the prior written consent of BlackRock.

The LPP solution may include collective investment funds maintained by BlackRock Institutional Trust Company, N.A. (“BTC”), which are available only to certain qualified employee benefit plans and governmental plans and not offered to the general public. Accordingly, prospectuses are not required and prices are not available in local publications. To obtain pricing information, please contact your local service representative at BlackRock. BTC is a wholly-owned subsidiary of BlackRock, Inc. For ease of reference, “BlackRock” may be used to refer to BlackRock, Inc. and its affiliates, and subsidiaries, including BTC (unless the context otherwise indicates). Any strategy referred to herein does not give rise to a deposit or other obligation of BlackRock, is not guaranteed by BlackRock, is not insured by the United States Federal Deposit Insurance Corporation or any other governmental agency, and may involve investment risks, including possible loss of principal invested.

The opinions expressed may change as subsequent conditions vary. The information and opinions contained in this material are derived from proprietary and non-proprietary sources deemed by BlackRock to be reliable. No representation is made that this information is accurate or complete. There is no guarantee that any forecasts made will come to pass. Reliance upon information in this material is at the sole discretion of the reader.

This material does not constitute a recommendation by BlackRock or any Selected Insurer, or an offer to sell, or a solicitation of any offer to buy or sell any securities, insurance contract(s), product or service. The information is not intended to provide investment advice. BlackRock does not guarantee the suitability or potential value of any particular investment. This is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution would be unlawful under securities laws of such jurisdiction. Any distribution, by whatever means, of this information and related material to persons other than those referred to herein is strictly prohibited. Investing involves risk, including possible loss of principal. Asset allocation models and diversification do not promise any level of performance or guarantee against loss of principal. Investment in the funds is subject to the risks of the underlying funds. The principal value of the funds is not guaranteed at any time, including at and after the target date. Past performance does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s interest, when redeemed, maybe worth more or less than the original cost. Any index returns appearing herein are for illustrative purposes only and do not represent actual fund performance. Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index. Collective fund performance assumes reinvestment of income and does not reflect management fees and certain transaction costs and expenses charged to the fund. Actual results may differ depending on the size of the account, investment restrictions, when the account is opened, and other factors. Risk controls, asset allocation models, and proprietary technology do not promise any level of performance or guarantee against loss of principal.

The LifePath Paycheck™ funds and MyLifePath™ digital platform use patented technology. US Patent No. 11,605,131.

© 2024 BlackRock, Inc. or its affiliates. All rights reserved. BlackRock, LifePath, Simply Better Prepared. For Life., and LifePath Paycheck, are trademarks of BlackRock, Inc. or its affiliates. All other trademarks are those of their respective owners.

2975314