Product Details



  Return to Compare Products


Invesco 403(b)(7) (formerly OppenheimerFunds)
Product ID: 49

Vendor:
Invesco (formerly OppenheimerFunds)
Type:
Mutual Fund 


$160
1.3%
1 Years / 1.00%
Yes
Roth Eligible



Enrollment and Questions

Use the following contact information to enroll or ask questions.

Website:
Visit Website
Phone:
(800) 959-4246
 E-mail:
Send Email
Mailing Information  Address:
Invesco Investment Services, Inc.
P.O. Box 219078
Kansas City, MO 64121-9078
  In-person:
Questions about enrollment?
View the Contact Information tab on the Vendor Details page for a list of office locations.


Invesco is a global independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. We offer a comprehensive range of mutual fund investments to 403(b) participants and work with financial professionals to provide education and investment support to plan participants in exchange for a commission. Clients of Registered Investment Advisors (RIAs) transacting directly with Invesco may only purchase Class A and Class Y shares. As of December 31, 2022, Invesco managed $1.4 trillion in assets on behalf of clients worldwide.

Select the topics below to expand and view additional product details


Complete the Invesco Asset Allocation form to systematically rebalance your account or call to speak with a Client Service Representative. Access the form at invesco.com/us.
Participants who contribute to their retirement account through regular payroll deductions are able to take advantage of dollar cost averaging. For detailed information regarding the amounts contributed, please contact your employer or TPA.
Login into your account online or call 800 959 4246 to speak with a Client Service Representative.

Yes, if permitted by the plan and upon approval of the TPA. Participants may request to reinvest loan repayment amounts differently from regular contributions. To change how loan repayments are reinvested, please access the Loan Repayment Change form or call 800 959 4246 to speak with a Client Service Representative.

Upon approval from the TPA.

Personalized RMD amounts are calculated and mailed each January to Invesco retirement account shareholders and their financial professionals. Reminders are also included in Q4 shareholder statements. This service is only available to retirement shareholders who have accounts directly held at Invesco.

Yes


All 403(b) products contain fees. The amount of fees varies greatly depending on the product. A slight increase in fees can substantially reduce the growth in your account which will reduce your income in retirement. To learn more about the impact of fees, and the different types of fees please refer to the Explanation of Fees piece located in the Help & Resources.

Fees

$30.00 Annually Flat Dollar Amount Yes Yes Yes
Fee Waiver
The annual retirement account maintenance fee of $30 is paid by the participant for balances under $50,000. The annual fee is waived across all retirement account types if the total assets held by the participant in any retirement or non-retirement accounts held directly at Invesco, excluding 529 plans, is $50,000 or greater on the date fees are assessed. Fund expenses apply.
Breakpoint
See prospectus.

$75.00 At the time of loan origination Flat Dollar Amount Yes Yes Yes
Fee Waiver
Invesco applies a one-time initiation fee of $75. No annual maintenance fee apply.
Breakpoint
Not applicable

Surrender Charges

Surrender Period* Surrender Percentage
1 1.00%

*Expressed in contract years


Surrender Penalty Charge assessed on a "rolling" basis: Class C shares have a 1% declining Contingent Deferred Sales Charges from the initial purchase. Please refer to the prospectus for details.
Exceptions to the Surrender Charge:
Other Restrictions:
Refer to the fund's prospectus for details.

Funding Options


Fixed Investment Options

Variable Investment Options


add to Compare Compare

Compare up to 3 products
Compare up to 3 products
Product Name
Type

()
  Add to Favorites In Favorites Remove from List


add to Favorites Favorites

There are currently no favorites
10 maximum per product type
Product Name
Type

()
  Add to Favorites In Favorites Remove from List