PREPARE NOW FOR THE GOOD LIFE LATER. Income Security + Healthcare Security = Retirement Readiness
|
|
- Bertram Page
- 8 years ago
- Views:
Transcription
1 PREPARE NOW FOR THE GOOD LIFE LATER Income Security + Healthcare Security = Retirement Readiness
2 Start Asking Questions Won t my pension be enough? Will I need additional health insurance? How much should I save? What does Medicare cover? When should I start saving? 2
3 Medicare Is Not Enough Medicare only covers 62% of healthcare expenses today* Healthcare expenses in retirement add up Supplemental insurance premiums and deductibles Medicare premiums and deductibles Medical equipment Long-term care Skilled nursing care 1The Employee Benefit Research Institute (EBRI) estimates, Issue Brief No. 317, May 2008, Savings Needed to Fund Health Insurance and Health Care Expenses in Retirement: Findings from a Simulation Model, by Paul Fronstin, EBRI, and Dallas Salisbury, EBRI, and Jack Van Derhci, Temple University and EBRI Fellow.
4 Your Pension Is Not Enough 403 (b) Retirement Plan 501 (c) (9) Retiree Health Plan Accessible for general retirement expenses Retiree income distribution is taxable Beneficiaries Assets passed to estate Dedicated to health-related retirement expenses Retiree health benefit distributions are tax-free Dependents Assets passed on for mutual benefit of the plan Income Security + Healthcare Security = Retirement Readiness
5 The Emeriti Program for You and Your Dependents TAX-ADVANTAGED SAVINGS REIMBURSEMENT BENEFIT RETIREMENT HEALTH INSURANCE COMMUNICATION & EDUCATION Investment options Earnings grow tax-free Assets are disbursed taxfree for medical expenses in retirement Services provided by TIAA-CREF. Tax-free withdrawals from your Emeriti Health Account for qualified medical expenses (QME). Services provided by the Savitz organization. Menu of national medical, Rx and dental plans Competitively priced Lifetime guaranteed issue Underwritten by Aetna nationally (HealthPartners in MN) Retirement healthcare planning supported through: National service center Mailed materials Online tools On-campus workshops Income Security + Healthcare Security = Retirement Readiness
6 SAVINGS Save Early and Consistently The power of compounding Just by saving $100 a month $300,000 $250,000 Potential account earnings Contributions Total: $264,012 $216,012 $200,000 $150,000 $100,000 $50,000 Total: $17,409 Total: $52,397 $28,397 Total: $122,709 $86,709 $0 YEARS OF SAVING $5,409 $12,000 $24,000 $36,000 $48, years 20 years 30 years 40 years These examples are intended for illustrative purposes and are not a prediction of investment results. Your own Plan account may earn more or less than this example. Actual account balances will be determined by the contributions made and any investment gains or losses. Investing in this manner does not ensure a profit or guarantee against loss in declining markets. These examples do not take fees into account and actual balances will generally be reduced by fees. Contributions and earnings accrue tax-free and are paid out tax-free for reimbursement of qualified health expenses. These examples are based on $100 contributions made at the beginning of each month and a 7% annual rate of return compounded monthly. Chart balances shown are end-of-year balances.
7 Your Emeriti Plan in Action All assets accumulate TAX-FREE Your employer begins making tax-free contributions at a specified age You may be able to make voluntary after-tax contributions Pay tax-free for premiums Upon turning age 65, you enroll in the Emeriti Health Insurance Upon separation of service, you begin using the Reimbursement Benefit Receive tax-free reimbursement
8 Your Tax Free Disbursements In Action $1,000 medical bill! Pay with Emeriti Health Account Tax-free withdrawal of $1, cents on the dollar Pay with 403(b) Retirement Plan Taxable withdrawal of approximately $1, cents on the dollar in 28% federal income tax bracket
9 Emeriti s Investment Options CORE FUNDS TIAA-CREF Lifecycle Funds (Retirement Class) TIAA-CREF Money Market Fund (Retirement Class) Lifecycle funds Asset diversification among asset classes Automatic rebalancing A money market mutual fund Seeks to assure the value of your investment at $1 per share CORE PLUS FUNDS Additional Mutual Funds based on institution s election Some TIAA-CREF proprietary funds Some non-proprietary funds from other mutual fund families Core Plus Funds subject to Plan Sponsor election.
10 Ready? Begin making payroll deferred voluntary contributions - or - Begin making ACH contributions directly from your bank account
11 Emeriti Retirement Health Solutions provided this information and is responsible for its content. Emeriti, TIAA-CREF, Savitz, Aetna Life Insurance Company, and HealthPartners are independent corporations and are not legally affiliated. Emeriti Retirement Health Solutions is not an insurance company, insurance broker or insurance provider. Summary Plan Description (SPD) This presentation is intended to provide you with a brief summary of some of the details of your Employer s Emeriti Plan and the Emeriti Program. For a full summary of the terms of your Employer s Emeriti Plan you must consult the SPD, which will be provided to you upon enrollment or upon request. Investment Adviser Status Emeriti Retirement Health Solutions is a registered investment adviser for purposes of selecting the range of investment options available under the Emeriti Program. Emeriti may provide non-personalized educational materials to plan participants relating to their and their employer s contribution to their Emeriti Plan and the allocation of their Emeriti Health Account balances among available investment options. Emeriti does not provide personalized investment advice to participants. The participation interests in the voluntary employee contribution VEBA trusts associated with the Emeriti plans (the Interests ) may be treated as securities under federal or various state securities laws. The offering of these Interests is subject to compliance with any applicable federal or state law. For residents of Georgia, the Interests are being offered in reliance on paragraph 13 of Code Section of the Georgia Securities Act of 1973, as amended (the Georgia Act ). The Interests may not be sold or transferred except in a transaction which is exempt under the Georgia Act or pursuant to an effective registration under the Georgia Act.
12 Interests in any retiree healthcare plan discussed herein are offered solely by the employer. Teachers Insurance and Annuity Association of America (TIAA) will provide services to the plan and may issue plan communications on behalf of the plan sponsor, in its capacity as a plan recordkeeper. TIAA-CREF Individual & Institutional Services, LLC serves as a broker-dealer with respect to underlying mutual funds only, and does not offer, market or sell interests in such plans or otherwise provide broker-dealer services with respect to the interests in such plans. TIAA-CREF products may be subject to market and other risk factors. See the applicable product literature, or visit tiaa-cref.org for details. Investment, insurance and annuity products are not FDIC insured, are not bank guaranteed, are not deposits, are not insured by any federal government agency, are not a condition to any banking service or activity, and may lose value. The tax information contained herein is not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding tax penalties that may be imposed on the taxpayer. It was written to support the promotion of the products and services addressed herein. Taxpayers should seek advice based on their own particular circumstances from an independent tax advisor.
13 Emeriti s 2014 investment options 13
PEACE-OF-MIND IN RETIREMENT. Income Security + Healthcare Security = Retirement Readiness
PEACE-OF-MIND IN RETIREMENT Income Security + Healthcare Security = Retirement Readiness 1 What s New In 2015 The Traditional Choice Plan will be discontinued A new, significantly enhanced Medicare Advantage
More informationTHE EMERITI PROGRAM for those planning for retirement
2014 Benefits THE EMERITI PROGRAM for those planning for retirement Medicare and Emeriti s Health Insurance and Reimbursement Benefit This presentation is copyrighted exclusively by Emeriti 1 Your Institution
More informationTHE EMERITI PROGRAM in your retirement years
2014 Benefits THE EMERITI PROGRAM in your retirement years Helping you achieve healthcare security in retirement This presentation is copyrighted exclusively by Emeriti 1 2 TODAY S AGENDA What s new in
More informationTax-smart ways to save and invest. TIAA-CREF Financial Essentials
Tax-smart ways to save and invest TIAA-CREF Financial Essentials Today s agenda: 1. Finding funds for saving 2. Tax law provisions promoting saving 3. TIAA-CREF savings opportunities 4. TIAA-CREF can help
More informationHealthcare security in retirement
Why retiree healthcare is important for you and your employees Workforce demographics tell a large part of the story. On average, in higher education and other education-related, nonprofit organizations,
More informationSupplemental 457(b) Plan Guide. A quick reference for governmental plan sponsors
Supplemental 457(b) Plan Guide A quick reference for governmental plan sponsors For Institutional Investor Use Only. Not for Use With or Distribution to the Public. Table of Contents Introduction 1 457(b)
More informationSAVING FOR RETIREMENT. The ROTH
SAVING FOR RETIREMENT The ROTH CONTRIBUTION Option ABOUT TIAA-CREF TIAA-CREF is dedicated to serving the retirement needs of those in the academic, medical, cultural and research fields. We are committed
More informationMoney At Work 1: Foundations of investing
It s not about how much money you earn. It s about how much you save and invest. November 12, 2015 A TIAA-CREF Financial Essentials Workshop Bill Thorne TIAA-CREF Money At Work 1: Foundations of investing
More informationWelcome! Thanks for investing your time today.
Welcome! Thanks for investing your time today. Please sign in Fill out your name tag Address your mail card It s not about how much money you earn. It s about how much you save and invest. October 2015
More informationThe Roth contribution option
The Roth contribution option For retirement plans Contents The Roth contribution option savings choice 2 Learn about the differences between pretax and after-tax contributions Comparing Roth after-tax
More informationTable of contents. 2 Federal income tax rates. 12 Required minimum distributions. 4 Child credits. 13 Roths. 5 Taxes: estates, gifts, Social Security
2015 Tax Guide Table of contents 2 Federal income tax rates 4 Child credits 5 Taxes: estates, gifts, Social Security 6 Rules on retirement plans 8 Saver s credit 12 Required minimum distributions 13 Roths
More informationExecutive Compensation Strategies. For Academic, Medical, Research and Cultural Institutions
Executive Compensation Strategies For Academic, Medical, Research and Cultural Institutions For institutional investor use only. Not for use with or distribution to the public. TIAA-CREF: A leading provider
More informationEMERITI RETIREE HEALTH PLAN FOR TRINITY UNIVERSITY
EMERITI RETIREE HEALTH PLAN FOR TRINITY UNIVERSITY SUMMARY PLAN DESCRIPTION PLAN EFFECTIVE DATE: JUNE 1, 2008 PLAN RESTATED: JANUARY 1, 2012 ALL OF THE INVESTMENT OPTIONS IN THE PLAN ARE MUTUAL FUNDS REGISTERED
More informationA NEW WAY TO SAVE FOR RETIREMENT INTRODUCING THE ROTH OPTION C46803
A NEW WAY TO SAVE FOR RETIREMENT INTRODUCING THE ROTH OPTION C46803 TODAY S DISCUSSION 1. WHAT IS THE ROTH OPTION? 2. WHO MIGHT BENEFIT? 3. CONTRIBUTION LIMITS 4. DISTRIBUTION AND ROLLOVER OPTIONS 5. WHAT
More informationThank you for choosing Emeriti. Open Enrollment. In This Issue. Dear Retiree,
RETIREE NEWSLETTER MESSAGE FROM THE PRESIDENT FALL 2015 In This Issue President s Message 2016 Insurance Plans Medicare Updates Health Care Reform Update Default Options For 2016 Insurance Billing Information
More informationVariable Annuities Because Retirement Requires a New Way of Thinking
Pacific Life Variable Annuities Because Retirement Requires a New Way of Thinking 13141-12A 5/12 5/15 13141-15A As You Plan for Retirement, Think Differently Whether you re approaching retirement or already
More informationVariable annuities. A tax-advantaged way to save for retirement
Variable annuities A tax-advantaged way to save for retirement Common terms Annuitant The person (may be the same as the contract owner) whose life expectancy is used to calculate the income payment amount
More informationIs Your Financial Portfolio an Unfinished Work? Color It with a Life Insurance Retirement Plan Protection Now, Income Later
Life Insurance Client Guide The Art of Retirement Is Your Financial Portfolio an Unfinished Work? Color It with a Life Insurance Retirement Plan Protection Now, Income Later AD-OC-770D 1 Picture Your Future
More informationGuide to online withdrawals
Streamlined withdrawal processing The online withdrawal process on the secure My TIAA-CREF website has the same easy-to-use navigation and functionality as other websites that you visit regularly to shop,
More informationTIAA-CREF RETIREMENT CHOICE ANNUITIES PRODUCT COMPARISON
TIAA-CREF RETIREMENT CHOICE ANNUITIES PRODUCT COMPARISON To help you effectively manage your retirement plan in today s increasingly complex regulatory and compliance environment, TIAA-CREF offers the
More informationTHE POWER OF AN IRA.
THE POWER OF AN IRA. Put the Power of an IRA to Work For You Whether retirement seems like a lifetime away or is just around the corner, getting started on your retirement savings plan is one of the smartest
More informationROTH 403(b) CONTRIBUTIONS
SAVING FOR RETIREMENT ROTH 403(b) CONTRIBUTIONS A NEW WAY TO SAVE FOR RETIREMENT TIAA-CREF: FINANCIAL SERVICES FOR THE GREATER GOOD TIAA-CREF is dedicated to serving the retirement needs of those in the
More informationTHE A,B,C,D S OF MEDICARE
THE A,B,C,D S OF MEDICARE An important resource for understanding your healthcare in retirement What you need to know for 2014 How Medicare works What Medicare covers How much Medicare costs INTRODUCTION
More informationMinimum distribution. Making it simple
Minimum distribution Making it simple Required minimum distributions What you need to know What are required minimum distributions?... 03 TIAA-CREF s Minimum Distribution Option (MDO)... 04 Is the Minimum
More informationGet help achieving your financial goals.
Get help achieving your financial goals. TIAA-CREF: Committed to your overall financial well-being Did you know? TIAA was founded in 1918 to provide retirement security to university faculty. TIAA-CREF
More informationTransfer Payout Annuities
Transfer Payout Annuities Transfers and Withdrawals from TIAA Traditional tiaa-cref.org The TIAA Traditional Annuity In this guide, you ll learn about our Transfer Payout Annuity (TPA), a transfer and
More informationYour Guide to 403(b) Tax-Deferred Annuity Voluntary Savings Plans
Your Guide to 403(b) Tax-Deferred Annuity Voluntary Savings Plans How much can you contribute in 2015? Tax-Deferred Annuity Plans ( TDA Plans ) are voluntary savings plans that help you build the extra
More informationBasics of IRAs ING FINANCIAL SOLUTIONS. Your future. Made easier. SM
Basics of IRAs t FDIC/NCUA Insured t A Deposit Of A Bank t Bank Guaranteed May Lose Value t Insured By Any Federal Government Agency ING FINANCIAL SOLUTIONS Your future. Made easier. SM Traditional IRA
More informationYour Retirement Income Options. TIAA-CREF Financial Essentials
Your Retirement Income Options TIAA-CREF Financial Essentials Today we will discuss: 1. Determining your retirement income needs Income sources Covering your expenses 2. Threats to your retirement cash
More informationRetiree Healthcare Challenges and the Affordable Care Act. CACUBO Kansas City, MO October 7, 2014
Retiree Healthcare Challenges and the Affordable Care Act CACUBO Kansas City, MO October 7, 2014 Speakers Richard Ward, Director Retiree Healthcare Products, TIAA-CREF David P. Trainor, President, Emeriti
More informationHSA Fundamentals Health Savings Account Disclosure Statement and Adoption Agreement
HSA Fundamentals Health Savings Account Disclosure Statement and Adoption Agreement HSA Fundamentals Disclosure Statement Health Savings Account* A Health Savings Account (HSA) such as HSA Fundamentals
More informationAnnuity Maximization. Annuities are designed for retirement income What if you do not need the income? Using Life Insurance AD-OC-851A
Annuity Maximization Annuities are designed for retirement income What if you do not need the income? AD-OC-851A Annuity Maximization The Situation Deferred annuities have traditionally been a vehicle
More informationHSA Fundamentals Health Savings Account Disclosure Statement and Adoption Agreement
HSA Fundamentals Health Savings Account Disclosure Statement and Adoption Agreement HSA Fundamentals Disclosure Statement HEALTH SAVINGS ACCOUNT* A Health Savings Account (HSA) such as HSA Fundamentals
More informationHealth savings account Q&As
Health savings account Q&As What are HSAs and who can have them? 1. What is a Health Savings Account (HSA) and how does it work? An HSA is a tax-advantaged account established to pay for qualified medical
More informationPLACEHOLDER IMAGE Replace with Photography. Your guide to Tax-Deferred Annuities or Voluntary Savings Plans. How much can you contribute?
PLACEHOLDER IMAGE Replace with Photography Your guide to Tax-Deferred Annuities or Voluntary Savings Plans How much can you contribute? Saving for retirement is one of your most important financial goals.
More informationRetirement Guide. Gamble 03/14
Retirement Guide Gamble 03/14 TABLE OF CONTENTS INTRODUCTION... 2 APPROACHING RETIREMENT... 2 RETIREMENT PLAN INFORMATION... 3 MEDICAL AND DENTAL INSURANCE... 4 VEBA... 6 MEDICARE... 6 SOCIAL SECURITY...
More informationUnderstanding Indexed Universal Life Insurance A General Educational Overview
Understanding Indexed Universal Life Insurance The Power To Help You Succeed Steve Guerra Field Vice President Greater Texas RLO Pacific Life Insurance Company 24 Waterway Avenue, Suite 825 The Woodlands,
More informationRaise your hand if you want to enjoy retirement
Raise your hand if you want to enjoy retirement Summary Slide Important Information Why Save Under a 403(b) Program It s Wise to Start Now! Pre-tax Savings Can Put More in Your Pocket Today 3 Steps to
More informationStocks and Taxes Ordinary Income Versus Capital Gains Jobs & Growth Tax Relief Reconciliation Act of 2003
Stocks and Taxes Unlike death, taxation can at least be minimized. In this article, we will examine the basic framework of individual taxation in the United States as it relates to stock investing and
More informationIRA opportunities at UBS
IRA opportunities at UBS IRAs are highly popular and effective retirement savings vehicles that give your investment earnings the benefit of tax-favored treatment and provide an ideal supplement to employer-sponsored
More informationStrategies for staying on track. throughout your retirement
Strategies for staying on track throughout your retirement TIAA-CREF and you: Planning an income for life For nearly a century, we at TIAA-CREF have dedicated ourselves to helping those who serve others
More informationHighlights of the. Boehringer Ingelheim. Retirement Savings Plan Retirement Plan. This brochure is intended for eligible employees of
Highlights of the Boehringer Ingelheim: Retirement Savings Plan Retirement Plan This brochure is intended for eligible employees of Boehringer Ingelheim hired after December 31, 2003. Table of Contents
More informationVARIABLE UNIVERSAL LIFE YOUR 5-MINUTE GUIDE. You want it all.
VARIABLE UNIVERSAL LIFE YOUR 5-MINUTE GUIDE You want it all. Need more from your life insurance? You need life insurance protection for your family, retirement investments for yourself and your preschooler
More informationFOR DISCUSSION TODAY WHAT IS AN IRA? IRA EDUCATION WORKSHOP
IRA EDUCATION WORKSHOP More Choices, More Flexibility, More Control C40949 FOR DISCUSSION TODAY 1. WHAT IS AN IRA? 2. 3. CHOOSING YOUR IRA 4. FIVE THINGS TO REMEMBER Transfers may be subject to differences
More informationProtection Now. Income Later.
Protection Now. Income Later. Life Insurance Retirement Plan for Women AD-OC-749C What are two problems facing today s woman? 1 2 The Family s Financial Vulnerability. Whether you are part of a two-income
More informationInnovative, flexible, low-cost retirement solution
TIAA-CREF Life Insurance Company Innovative, flexible, low-cost retirement solution The Intelligent Variable Annuity How do you define retirement? Some people dream of traveling. Others can t wait to roll
More informationEmployee Benefits Frequently Asked Questions
Employee Benefits Frequently Asked Questions USA Health & Dental Plan 1. When will my medical/dental coverage be effective if I am a new employee? If your employment begins on the first day of the calendar
More informationGuide to Individual Retirement Accounts. Make a secure retirement yours
Guide to Individual Retirement Accounts Make a secure retirement yours Retirement means something different to everyone. Some dream of stopping employment completely and some want to continue working.
More informationLIVING WELL IN RETIREMENT. Minimum Distribution: Making it simple
LIVING WELL IN RETIREMENT Minimum Distribution: Making it simple TIAA-CREF: FINANCIAL SERVICES FOR THE GREATER GOOD. TIAA-CREF is dedicated to serving the retirement needs of those in the academic, medical,
More informationPersonal Income Tax Bulletin 2008-1. IRAs
PENNSYLVANIA DEPARTMENT OF REVENUE ISSUED: JANUARY 16, 2008 Section 1. Introduction. 1. FEDERAL TAX PERSPECTIVE. Personal Income Tax Bulletin 2008-1 IRAs When Congress enacted ERISA in 1974 to regulate
More informationNo bank guarantee Not a deposit May lose value Not FDIC/NCUA insured Not insured by any federal government agency
Understanding iras A Summary of Individual Retirement Accounts No bank guarantee Not a deposit May lose value Not FDIC/NCUA insured Not insured by any federal government agency 1/15 23038-15A Contents
More informationBuilding Successful, State Sponsored Retirement Programs for Private Sector Employees
Building Successful, State Sponsored Retirement Programs for Private Sector Employees April 25, 2016 2.25 x 0.875 Confronting a retirement readiness gap 55 million Americans do not have access to a pension
More informationWhich retirement plan is right for you
Which retirement plan is right for you Facts to help you make an informed choice between the Iowa Public Employees Retirement System (IPERS) and the Iowa Association of Community College Trustees Defined
More informationHEALTH SAVINGS ACCOUNT Q&A
HEALTH SAVINGS ACCOUNT Q&A HSA BASICS What is a health savings account or HSA? A health savings account (HSA) is a tax sheltered savings account, which is only offered to people who are covered under a
More informationAn Overview of Variable Annuities
An Overview of Variable Annuities Why Consider a Variable Annuity? A variable annuity is a long-term investment designed for retirement purposes or other longrange goals and provides the ability to accumulate
More informationST. JOHN S UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN (JANUARY 1, 2015 RESTATEMENT)
ST. JOHN S UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN (JANUARY 1, 2015 RESTATEMENT) INTRODUCTION This document is both the formal document that constitutes the St. John s University Defined Contribution
More informationEmeriti Retirement Health Solutions Qualified Medical Expense Claim Form Effective January 1, 2012
1 Emeriti Retirement Health Solutions Qualified Medical Expense Claim Form Effective January 1, 2012 Please use this Claim Form to submit claims for the reimbursement of Qualified Medical Expenses, otherwise
More informationPayFlex Health Savings Account (HSA) Frequently Asked Questions
OVERVIEW AND ELIGIBILITY REQUIREMENTS What is a Health Savings Account? A Health Savings Account ( HSA ) is a tax-advantaged healthcare account created for the purpose of saving and paying for qualified
More informationNo bank guarantee Not a deposit May lose value Not FDIC/NCUA insured Not insured by any federal government agency
Understanding fixed annuities An Overview for Your Retirement No bank guarantee Not a deposit May lose value Not FDIC/NCUA insured Not insured by any federal government agency 3/15 23264-15A Contents Get
More informationHEALTH SAVINGS ACCOUNT (HSA)
HSAs Triple Tax Advantage Public Employees Benefits Program HEALTH SAVINGS ACCOUNT (HSA) HSAs can be especially beneficial at tax time! One of the key benefits of an HSA is a triple tax advantage! An HSA
More informationYour Health Savings Account Reference Guide. Your Guide to Understanding a Health Savings Account
Your Health Savings Account Reference Guide Your Guide to Understanding a Health Savings Account Table of Contents The Fidelity HSA...1 Opening and Contributing to Your Fidelity HSA...3 Using Your Fidelity
More informationNo bank guarantee Not a deposit May lose value Not FDIC/NCUA insured Not insured by any federal government agency
Understanding annuities An Overview for Your Retirement No bank guarantee Not a deposit May lose value Not FDIC/NCUA insured Not insured by any federal government agency 2/15 13096-15A Contents Get Ready
More informationChapter 32a Medical Care Savings Account Act
Chapter 32a Medical Care Savings Account Act 31A-32a-101 Title and scope. (1) This chapter is known as the "Medical Care Savings Account Act." (a) This chapter applies only to a medical care savings account
More informationLife Insurance in Retirement Planning
Life Insurance in Retirement Planning HOW PERMANENT LIFE INSURANCE CAN HELP MEET YOUR DEATH BENEFIT NEEDS AND ENHANCE YOUR RETIREMENT. 0251133-00002-00 Did You Know? Many high-income and high-net worth
More informationTRANSFER PAYOUT ANNUITIES
SAVING FOR RETIREMENT TRANSFER PAYOUT ANNUITIES TRANSFERS AND WITHDRAWALS FROM TIAA TRADITIONAL TIAA-CREF: FINANCIAL SERVICES FOR THE GREATER GOOD TIAA-CREF is dedicated to serving the retirement needs
More informationUnderstanding Annuities
Annuities, 06 5/4/05 12:43 PM Page 1 Important Information about Variable Annuities Variable annuities are offered by prospectus, which you can obtain from your financial professional or the insurance
More informationHealth Savings Option with a Health Savings Account (HSA)
Health Savings Option with a Health Savings Account (HSA) The Health Savings Option is a high deductible health insurance plan administered by United Medical Resources (UMR), a United Healthcare Company,
More informationSummary Prospectus September 28, 2015 PNC S&P 500 Index Fund Class A PIIAX Class C PPICX Class I PSXIX Class R4 PSPEX Class R5 PSFFX
Summary Prospectus September 28, 2015 PNC S&P 500 Index Fund Class A PIIAX Class C PPICX Class I PSXIX Class R4 PSPEX Class R5 PSFFX Before you invest, you may want to review the Fund s Prospectus, which
More informationThinking Past Savings: Research from TIAA-CREF Reinforces the Need to Focus Clients on Reliable Retirement Income
VOLUME 5, N U M B E R 1 Fundamental Planning Strategies Thinking Past Savings: Research from TIAA-CREF Reinforces the Need to Focus Clients on Reliable Retirement Income BY ED VAN DOLSEN ED VAN DOLSEN
More informationStrategies for staying on track to your retirement
Strategies for staying on track to your retirement TIAA-CREF and you: Planning an income for life For more than 90 years, we at TIAA-CREF have dedicated ourselves to helping those who serve the greater
More informationPermanent Benefit Group Life Insurance Under Code Section 79
Permanent Benefit Group Life Insurance Under Code Section 79 Expanding the Benefits of Group Life Insurance Advantages of Permanent Benefit Group Life Insurance. Giving employees the option to use cash
More informationSteps Toward Retirement
Benefit Options and Actions to be taken by Retirees or Faculty and Staff Nearing Retirement Review an audio/visual presentation on the University s Retiree benefits at: http://www.hr.pitt.edu/retirees/helpful-to/
More informationTraditional and Roth IRAs
october 2012 Understanding Traditional and Roth IRAs summary An Individual Retirement Account (IRA) is a powerful savings vehicle that can help you meet your financial goals. As shown in the chart on page
More informationTransfers and Withdrawals from the Tiaa Traditional annuity
Transfers and Withdrawals from the Tiaa Traditional annuity Tiaa s Transfer Payout annuity This guide has information about moving funds out of the Tiaa Traditional annuity using the Transfer Payout annuity
More informationEndorsement Split-Dollar
Endorsement Split-Dollar Allowing an Executive to Share in the Benefits of an Employer-Owned Life Insurance Policy AD-OC-859A Endorsement Split-Dollar Searching for Executive Benefit Solutions Retaining
More informationThe rates below apply for applications signed between December 15, 2015 and January 14, 2016. Income Growth Rate: 6.00% Income Percentages
PRUDENTIAL DEFINED INCOME ( PDI ) VARIABLE ANNUITY PRUCO LIFE INSURANCE COMPANY PRUCO LIFE FLEXIBLE PREMIUM VARIABLE ANNUITY ACCOUNT PRUCO LIFE INSURANCE COMPANY OF NEW JERSEY PRUCO LIFE of NEW JERSEY
More information457(b) Deferred Compensation Overview for Governmental and Public School entities
457(b) Deferred Compensation Overview for Governmental and Public School entities Retirement experts agree...having the money you want in your later years requires careful planning now. Plan ahead. How
More informationFederal Tax and Capital Gains: Rates Over Time
Preparing for a World of Higher Taxes Are You Ready? Presented by: Matt Sommer, CFP, CPWA, AIF Director and Senior Retirement Specialist, Retirement Strategy Group C-0610-114 4-30-11 Federal Tax and Capital
More informationhealth savings accounts Invest in your health and your future.
accounts Invest in your health and your future. We ll go the distance to ensure your peace of mind and make the whole process fast and easy. Choosing a healthcare plan that suits the needs of you and your
More informationHighlights of the. Boehringer Ingelheim. Retirement Savings Plan Retirement Plan. This brochure is intended for eligible employees of
Highlights of the Boehringer Ingelheim: Retirement Savings Plan Retirement Plan This brochure is intended for eligible employees of Boehringer Ingelheim hired after December 31, 2003. Table of Contents
More informationUnderstanding fixed index annuities
Allianz Life Insurance Company of North America Understanding fixed index annuities M-5217 Page 1 of 12 Page 2 of 12 It s time to rethink retirement. In past years, the financial markets have experienced
More informationPlanning for Health Care in Retirement. Kevin McGarry, CIMA, CRPC Director Nationwide Retirement Institute
Planning for Health Care in Retirement Kevin McGarry, CIMA, CRPC Director Nationwide Retirement Institute 1 Nationwide Institute SM Mission Providing practical thought leadership on Retirement Income Planning,
More informationANNUITIES: WHAT ARE THEY AND HOW ARE THEY USED
ANNUITIES: WHAT ARE THEY AND HOW ARE THEY USED (FORC Journal: Vol. 18 Edition 1 - Spring 2007) 1 An annuity is a contract under which the owner of the contract pays money or transfers assets to the obligor
More informationLeaving your employer? Options for your retirement plan
Leaving your employer? Options for your retirement plan Contents Evaluating your options 1 The benefits of tax-deferred investing 4 Flexibility offered by an IRA rollover 6 How to get started 9 Evaluating
More informationThe individual. A Resource for Your Retirement
Retirement today requires more planning than for previous generations. Americans are living longer many will live 20 to 30 years or more in retirement. Finding a way to make savings last over such a long
More informationPreparing for Your Retirement: A Tax-Deferred Annuity (TDA) Review
Preparing for Your Retirement: A Tax-Deferred Annuity (TDA) Review How much of your earning power will be available for your use when you retire? What will happen to your standard of living when your income
More informationHow to Set Up a Self-Directed Brokerage Account. The Brooklyn Hospital Center 403(b) Retirement Plan
How to Set Up a Self-Directed Brokerage Account The Brooklyn Hospital Center 403(b) Retirement Plan How to Set Up a Self-Directed Brokerage Account If you re participating in The Brooklyn Hospital Center
More informationUnderstanding fixed annuities
Allianz Life Insurance Company of North America Understanding fixed annuities Protection for your retirement money M-5210 Page 1 of 12 Page 2 of 12 It s time to rethink retirement. In recent years, the
More informationVariable Annuity Overview
Variable Annuity Overview CAC.1162 (04.12) Protect Tomorrow. Embrace Today.TM When planning for your retirement, you ll find there are a variety of products, investments and strategies that can be utilized
More informationVariable Deferred Annuity
May 1, 2015 State Farm Life Insurance Company P R O S P E C T U S Variable Deferred Annuity profile Profile Dated May 1, 2015 STATE FARM VARIABLE DEFERRED ANNUITY POLICY STATE FARM LIFE INSURANCE COMPANY
More informationSection 79 Permanent Life Insurance
Section 79 Permanent Life Insurance Your business success depends on the expertise of a few key employees How can you provide life insurance as a benefit to business owners and their employees in a tax
More informationThe 401(k) and the HSA: Partners in long-term savings opportunities
The 401(k) and the HSA: Partners in long-term savings opportunities Improving your employees financial health Over the past several decades, the 401(k) plan has become the dominant method for providing
More informationNotice to All Employees Eligible to Participate in the Halliburton Retirement and Savings Plan
Notice to All Employees Eligible to Participate in the Halliburton Retirement and Savings Plan Halliburton Company (the Company ) has made saving for retirement under the Halliburton Retirement and Savings
More informationYour Health Savings Account Reference Guide. Your Guide to Understanding a Health Savings Account
Your Health Savings Account Reference Guide Your Guide to Understanding a Health Savings Account Table of contents The Fidelity HSA...1 Opening and Contributing to Your Fidelity HSA...3 Using Your Fidelity
More informationTaking the next step. A guide for beneficiaries
Taking the next step A guide for beneficiaries TIAA-CREF listening, caring, ready to serve At TIAA-CREF, we ve been helping people build their financial futures for nearly a century. We started out offering
More information3/15 23203-15A. Annuity Distribution Options for Your Beneficiaries
3/15 23203-15A Annuity Distribution Options for Your Beneficiaries Getting Started Beneficiary distribution options tied to annuity assets may differ depending on the types of retirement assets as well
More informationHelping South Carolinians save for college
Helping South Carolinians save for college Program Description Direct Program, November 2014 Supplemented as of December 2015 The State of South Carolina s College Investing Program Individuals with questions
More informationAn Overview of Annuities
An Overview of Annuities Why Consider an Annuity? An annuity is a long-term investment designed for retirement purposes or other longrange goals and provides the ability to accumulate assets on a tax-deferred
More informationNo bank guarantee Not a deposit May lose value Not FDIC/NCUA insured Not insured by any federal government agency
Understanding Rollover Options Outlining Options for Your Qualified Retirement Plan or IRA No bank guarantee Not a deposit May lose value Not FDIC/NCUA insured Not insured by any federal government agency
More information