Is there a fee for participating in OregonSaves?
Yes, as with any investment or retirement program, there is an ongoing fee which is paid as a percent of the money in your account. The fee for each investment option is approximately 0.50% of its value per year ($0.50 for every $100 saved). There is also an account fee of $4.00 that is assessed each quarter. These fees pay for the administration of the program, and the operating expenses charged by the underlying investment funds in which the program’s portfolios are invested. The asset-based fee is computed daily, and your investment returns are credited to your account minus the fee. There are no fees while you are invested in the Capital Preservation Fund.