- Definitive materials filed by investment companies. (497)

USAA

EAGLE

LOGO (r)

USAA TARGET RETIREMENT FUNDS

USAA TARGET RETIREMENT INCOME FUND

USAA TARGET RETIREMENT 2020 FUND

USAA TARGET RETIREMENT 2030 FUND

USAA TARGET RETIREMENT 2040 FUND

USAA TARGET RETIREMENT 2050 FUND

SUPPLEMENT DATED AUGUST 25, 2010

TO THE FUNDS’ PROSPECTUS

DATED MAY 1, 2010

The second paragraph under “Purchase and Sale of Fund Shares” on pages 8, 15, 22, 29, and 35, respectively, of the Prospectus has been revised as follows:

 

 

The minimum initial purchase is $3,000 [$1,000 for IRAs]. The minimum subsequent investment is $50.

 

 

 

The heading and the first sentence under the section referencing “Automatic Investing” on page 51 of the Prospectus is hereby deleted.

 

 

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