When changing jobs or retiring, it's a good opportunity to roll over retirement plan assets into an IRA. This allows taxes and penalties to be deferred while keeping savings growing for the future. Investors can then simplify their choices by selecting from six asset allocation funds guided by experienced managers. The funds in the AXP Portfolio Builder Series aim to help investors easily reach their retirement goals.

1. New opportunities,
new adventures.
Your investment
strategy should be
up for the journey.

2. AXP® Portfolio Builder Series – American Express Funds
70100 AXP Financial Center AFFIX
Simplified investing for your IRA Rollover Minneapolis, MN 55474 STAMP
HERE
230585 A (2/04)
When you change jobs or retire, it can bring many new opportunities.
It’s also a good time to do something about the money in your
retirement plan.
First, roll over your retirement plan assets to an IRA to defer taxes, avoid
penalties, and keep your savings building for the future. Next, simplify your
investment choices. Choose from six asset allocation funds guided by the
insights of experienced economists and portfolio managers.
Retirement investing is a long-term journey. Call me to learn how
AXP Portfolio Builder Series can help simplify the trip and help you reach
your destination.
Investing is smart. Keeping it simple is even smarter. SM
You should consider the investment objectives, risks, charges and expenses of each AXP Portfolio Builder
fund carefully before investing. For a free copy of the prospectus, which contains this and other information,
call (800) 297-3863, TTY: (800) 846-4852. Read the prospectus carefully before you invest.
American Express Trust Company acts as a custodian for IRAs offered through American Express
Financial Advisors.
American Express Financial Advisors Inc. Member NASD. American Express Company is separate from
American Express Financial Advisors Inc. and is not a broker-dealer.