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State
& Local Affiliate Communications NEWS RELEASE August 20, 2007 NEA Valuebuilder Introduces DirectInvest Online Product NEA Member Benefits is pleased to announce a new mutual fund tax-sheltered account (TSA) that NEA members may purchase online without the assistance of a financial representative. NEA Valuebuilder DirectInvestSM is a 403(b)(7) tax-deferred retirement savings account with a diverse lineup of investment options, including several target date funds. DirectInvest is designed for NEA members who feel comfortable making their own investing decisions. DirectInvest enrollment is completed online in about 20 minutes, with access through the NEA Member Benefits Web Site: neamb.com/5toRetire. NEA members create a user name and password, provide typical investment application information, enter their payroll reduction amount, and select their investment options, all through a secure connection. A salary reduction form is generated that NEA members must submit to their employer’s payroll office before the account can be established. For assistance in retirement planning, take the new Five-Minute Retirement Checkup at neamb.com/5toRetire. With four quick questions, you’ll get a snapshot of your financial readiness for retirement. Whether you’re just starting your career or are nearing retirement, the Five-Minute Retirement Checkup provides you with a tool to see where you are and where you need to go. An interactive retirement savings calculator lets you know how much to save each month to meet your retirement savings goals. It’s five minutes well spent. You should carefully consider the investment objectives, risks, and charges and expenses of the mutual funds and variable annuities available under the NEA Valuebuilder Program before investing. You may obtain a prospectus that contains this and other information about the mutual funds and variable annuities by calling our National Service Center at 1-800-NEA-VALU (632-8258). You should read the prospectus carefully before investing. Investing in variable annuities and mutual funds involves risk and there is no guarantee of investment results. The NEA Valuebuilder Program provides investment products (the “NEA Valuebuilder products”) in connection with retirement plans sponsored by school districts and other employers of NEA members and individual retirement accounts established by NEA members. Security Distributors, Inc. and certain of its affiliates (collectively “Security Benefit”) make the NEA Valuebuilder products available under this program pursuant to an agreement with NEA’s wholly-owned subsidiary, NEA’s Member Benefits Corporation (“MBC”). Security Benefit has the exclusive right to offer the NEA Valuebuilder products under the program, and MBC generally may not enter into arrangements with other providers of similar investment programs or otherwise promote to NEA members or their employers any investment products that compete with the NEA Valuebuilder products. MBC promotes the program to NEA members and their employers and provides certain services in connection with the program. Security Benefit pays an annual fee to MBC based in part on the average assets invested in the NEA Valuebuilder products under the agreement. You may wish to take into account this agreement and arrangement, including any fees paid, when considering and evaluating any communications relating to the NEA Valuebuilder products. NEA and MBC are not affiliated with Security Benefit. Neither NEA nor MBC is a registered broker-dealer. All securities brokerage services are performed exclusively by your sales representative’s broker-dealer and not by NEA or MBC. Security Distributors, Inc. # # # |
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