QDIA Selection Process
Partner With Clients to Revisit Their Selection Process for Qualified Default Investment Alternatives (QDIA)
Flexible, consistent and repeatable framework
Help clients satisfy their fiduciary obligations by adopting and implementing an objective and prudent QDIA selection and monitoring process.
QDIAs can play a valuable role in helping plan sponsors manage risk while providing participants a well-diversified investment vehicle to save for retirement. An essential component is the process they follow to select and monitor their QDIA.
Why Now? The QDIA (R)evolution
In 2007, the Department of Labor (DOL) issued QDIA rules to protect sponsors against participant investment losses. These rules remain in place today and are essential as the number of legal actions continue to increase. Review the QDIA evolution to understand current rule.
- Document QDIA (R)evolution Printable PDF
Save valuable time for you and your clients and help manage fiduciary risk. Download the QDIA Selection Kit Process materials including:
- QDIA Selection Process Presentation
Walk clients through the 5-step selection process.
- QDIA Advisor Guide
Understand potential responsibilities and liabilities when providing QDIA advice.
- QDIA Plan Sponsor Guide
Give plan sponsors an overview of QDIAs and the selection and monitoring process.
American Century Investments commissioned nationally-recognized ERISA attorney and subject matter expert Jason Roberts of the Retirement Law Group to develop this content. The kit includes resources for both advisors and plan sponsor clients.
We are here to help
Contact a DCIO internal sales specialist to discuss the QDIA Selection Process. Call 1-800-345-6488.
This material has been prepared for educational purposes only. It is not intended to provide, and should not be relied upon for, investment, accounting, legal or tax advice.