1. Retirement Income and Investment Fund

  • LinkedIn Twitter Facebook WhatsApp

Retirement Income and Investment Fund
This fund is designed for individuals born before 1958

Please note the Verizon 2020 Fund merged into the Retirement Income & Investment Fund in January 2021.

When you select a Verizon Target Date Fund, you're automatically invested in more than 15 underlying funds across two asset classes - stocks and bonds.

Since the fund has already reached its target date, the allocation to stocks and bonds will not change and a team of more than 100 investment professional at J.P. Morgan are responsible for maintaining the appropriate asset allocation throughout retirement. So if you are older than 65 and beginning to take withdrawals from you account, the Retirement Income and Investment Fund may be appropriate.


Select a different Fund

  • Retirement Income & Investment Fund
  • Verizon 2025 Fund
  • Verizon 2030 Fund
  • Verizon 2035 Fund
  • Verizon 2040 Fund
  • Verizon 2045 Fund
  • Verizon 2050 Fund
  • Verizon 2055 Fund
  • Verizon 2060 Fund
  • Verizon 2065 Fund
  • Verizon 2070 Fund

Chart showing the Verizon Target Date Funds asset allocation of stocks and bonds starting from age 20 through age 80. The fund automatically becomes more conservative as you approach your target date.
This fund assumes you plan to retire at age 65.

What's in the Retirement Income and Investment Fund?*

Pie chart showing the asset allocation of stocks and bonds in an income fund.

*Effective as of March 1, 2024

Get Started Use your birthdate. Select your fund. Check in along the way.

For more complete information about any of the investment products available within the Verizon Savings Plan, please call the Verizon Savings Plan Service Center at 1-866-602-0636 or access www.netbenefits.com/verizon. Participants should carefully consider the investment objectives, risks, charges and expenses of the funds. Please carefully read the Investment Options Guide for the respective investment options, which contain this and other important information, before you invest.

You may request a paper copy of the information in this website free of charge by contacting the Verizon Savings Plan Service Center at 1-888-457-9333.

Each Verizon Target Date Fund is a daily-priced fund that invests in a set of underlying investment portfolios. These funds are not registered mutual funds and interests in the Verizon Target Date Funds are not insured by the Federal Deposit Insurance Corporation (FDIC) or any other agency. The Verizon Target Date Funds have not been registered under the Securities Act of 1933 and are exempted from investment company registration under the Investment Company Act of 1940. Therefore, Participating Plans and their Participants will not be entitled to the protections under these Acts. Management of the Verizon Target Date Funds, however, is generally subject to the fiduciary duty and prohibited transaction rules under the Employee Retirement Income Security Act of 1974, as amended (ERISA). J.P. Morgan Asset Management is the asset allocation manager for the Target Date Funds. The investment portfolios underlying the Target Date Funds are managed by a number of investment managers selected by Verizon Investment Management Corp. (VIMCO).

The Verizon Target Date Funds are target date funds with the target date being the approximate date when investors plan to retire. Generally, the asset allocation of each Fund will change on an annual basis with the asset allocation becoming more conservative as the Fund nears the target retirement date. The principal value of the Fund(s) is not guaranteed at any time, including at the target date.

The gross expense ratio of each target date fund includes the estimated fees and expenses of the underlying funds.

Certain underlying funds of the Verizon Target Date Funds may have unique risks associated with investments in foreign/emerging market securities and/or fixed income instruments. International investing involves increased risk and volatility due to currency exchange rate changes; political, social or economic instability; and accounting or other financial standards differences.

Fixed income securities generally decline in price when interest rates rise, and are subject to risk of default by the borrower.

Real estate funds may be subject to a higher degree of market risk because of concentration in a specific industry, sector or geographical sector, including but not limited to, declines in the value of real estate, risk related to general and economic conditions, changes in the value of the underlying property owned by the trust and defaults by the borrower.

Each target date fund may invest in futures contracts, other derivatives, and other alternative investments. This may make the fund more volatile.

Past performance is no guarantee of future results. The value at the time of redemption may be more or less than original cost. There is no guarantee that companies that can issue dividends will declare, continue to pay or increase dividends. Investment return and principal value of security investments will fluctuate.

Small-capitalization funds typically carry more risk than stock funds investing in well-established “blue-chip” companies because smaller companies generally have a higher risk of failure. Historically, smaller companies’ stock has experienced a greater degree of market volatility than the average stock.

This site is available for Verizon employees only. Please consult your tax advisor for personalized assistance. This website is powered by J.P. Morgan Asset Management. FINRA's BrokerCheck

If you are a person with a disability and need additional support in viewing the material, please call us at 1-800-343-1113 for assistance.

This website is a general communication being provided for informational purposes only. It is educational in nature and not designed to be a recommendation for any specific investment product, strategy, plan feature or other purposes. By receiving this communication you agree with the intended purpose described above. Any examples used in this material are generic, hypothetical and for illustration purposes only. None of J.P. Morgan Asset Management, its affiliates or representatives is suggesting that the recipient or any other person take a specific course of action or any action at all. Communications such as this are not impartial and are provided in connection with the advertising and marketing of products and services. Prior to making any investment or financial decisions, an investor should seek individualized advice from a personal financial, legal, tax and other professional advisors that take into account all of the particular facts and circumstances of an investor’s own situation.

NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE

Terms of use | Site disclaimer

Copyright © 2025 JPMorgan Chase & Co., All rights reserved.