Reading Account Statements |
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You can find your earnings on your investments by checking your account statements. If you request one, your employer must give you an account statement at least once a year. Most plan providers, however, will automatically send you statements on a quarterly—or even monthly—basis. You may even be able to access account information online.
Here’s what an account report might look like:
Roll over the different headings to see what kind of information you'll find.
The frequency with which you receive account reports might depend on how often your account is valued, or how often record keepers determine the total value of your account. Valuation also directly affects the flexibility with which you can reallocate your portfolio. If you decide to reallocate your assets, but your plan is valued quarterly, you may have to wait until the close of that period before your investments can be moved.
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