Profit Sharing 401(k) Enrollment Starts November 16th

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Profit Sharing 401(k) Enrollment Starts November 16th"

Transcription

1 Profit Sharing 401(k) Enrollment Starts November 16th The W.W. Grainger, Inc. Employees Profit Sharing Plan is a hallmark of Grainger s performance culture and the Company s way of recognizing the valuable contribution that you make. Grainger takes great pride in getting it done for its customers and communities. That s why Grainger provides you the opportunity to be rewarded through the Profit Sharing Plan for contributing to the Company s success. Here s what profit sharing means for you: You will directly share in the earnings of the Company, and your share of the profits will be placed in an investment account. For many team members, the contribution that Grainger makes on your behalf becomes an important part of your financial future. The new 401(k) feature will allow you to make a personal contribution toward your long-term retirement goals.

2 Profit Sharing Plan Highlights Effective January 2016, Grainger will share profits in two ways: 1. Safe Harbor 401(k) Contribution: Eligible team members will receive 3% of their eligible compensation as an automatic contribution into their profit sharing account at Vanguard each pay period. The Company contribution will be fully vested immediately and does not require you to make elective pre-tax 401(k) contributions. You will begin to see this 3% contribution in your Profit Sharing plan account in early 2016! 2. The Annual Company Profit Sharing Contribution: Eligible team members must work 1,000 hours during the calendar year and be active on December 31 to receive this annual Company contribution. The service allocation will be eliminated for Company contributions made after 2017, which means all eligible participants will receive the same contribution percentage. Beginning with the annual Company profit sharing contribution for 2016 made in 2017, the vesting schedule will be 5 years. *Year(s) of Service Percent Vested 1 20% 2 40% 3 60% 4 80% 5 100% *Team Members must work more than 1,000 hours in a calendar year to qualify for a year of service. The 401(k) allows eligible team members the ability to contribute toward your financial future: You can elect to defer up to 75% of your eligible compensation up to the maximum of $18,000 for Team members age 50 and older can make an additional catch-up contribution of up to $6,000 for IRS 401(k) Contribution Limits for 2016 Contribution Limits 2016 Eligible Team Member Contribution $18,000 Catch-up Contributions (age 50 and older) $6,000 Company Contribution $53,000* Total aggregate contribution limits $53,000 Team Member + Company Contribution $59,000 including catch-up contribution *Or up to 75% of the Team Member s eligible compensation, whichever is less. 2

3 Enrollment starts November 16th You can select the percentage of your pay you want to contribute and how you want to invest among the fund choices available through the 401(k) feature starting November 16th. You will always have the opportunity to enroll in the plan and change or stop contributions. Contributing to a profit sharing plan may be a new idea for you, but think long term about how your savings and earnings have the potential to grow over time. Consider committing to making your own contributions today! Before you establish your 401(k) contribution: 1. Determine your 401(k) deferral percentages that will be deducted from your pay check each pay period. You can contribute from 1% to 75% of your pay on a pre-tax basis, up to the maximum contribution of $18,000 for 2016 and the additional catch-up contribution of $6,000 (age 50 and older). 2. Review and understand your investment fund options. Please refer to the Your Investment Fund Options at a Glance section of this newsletter. If you need help understanding the fund options or how to create the right investment mix, contact Vanguard at Review your beneficiary designation online according to the steps below. 4. You may roll over money from a former employer s 401(k) or other eligible plan into your W.W. Grainger, Inc. Employees Profit Sharing Plan. For more information, contact Vanguard at Review your beneficiary designation online: 1. Log on to your account at vanguard.com/retirementplans. 2. Click My Profile. 3. Click Beneficiaries. Note: If you have multiple accounts with Vanguard, you may need to select Employer plans before you click the My Profile tab. If you are married and want to elect a beneficiary other than your spouse, a beneficiary designation form must be signed by your spouse and notarized. If your spouse s notarized signature does not appear on the form, then the plan is required to ignore your designation and your spouse will be treated as your sole beneficiary. 3

4 It s easy to get started, here s how: Currently enrolled in the Profit Sharing Plan If you re already registered for secure online account access, follow these steps to start contributing to the plan: 1. Go to vanguard.com/retirementplans and log on to your account. 2. Click Manage my money. 3. Select Change my paycheck deduction to start contributing to your retirement plan. 4. Enter a new percentage amount under Employee Pre-Tax. 5. Click Continue and then review the election before clicking Submit. Note: If you make an election on or before December 29, 2015, your election will take effect with the first payroll of Not currently enrolled in the Profit Sharing Plan Eligible team members hired by Grainger in 2015, or eligible team members who did not work 1,000 hours prior to the 2015 calendar year or have not yet registered for secure online account access, can follow these steps to sign up: 1. Go to vanguard.com/retirementplans. 2. Click Register for account access. You will need your plan number: Once registered, go to the Overview page and click Begin enrollment. 4. Enter your deduction percentage then click Continue. 5. You will be prompted to select your investments under the Contribution allocations page. 6. Click Continue and then review the election before clicking Submit. Note: If you make an election on or before December 29, 2015, your election will take effect with the first payroll of You will be presented with the opportunity to establish your beneficiaries on the Enrollment Confirmation page once you submit your elections. 4

5 Retirement Toolbox and Resources: You may want to visit vanguard.com/retirementtoolbox for a wealth of information and useful tools, including the Payroll Deductions Calculator. This tool can help you determine the effect on your take-home pay when changing your payroll deductions. Need Help Selecting Your Investments? This is a perfect time to take a look at your retirement portfolio. For your long-term retirement security, you should carefully consider the importance of a well-balanced and diversified investment portfolio, taking into account all your assets, income, and investments. Keep in mind that diversification does not ensure a profit or protect against a loss. To find an asset mix that s right for you, log on to your account at vanguard.com /retirementplans for easy-to-use financial planning tools including the Investor Questionnaire and personalized financial education to help you create your investment mix. You can access the questionnaire at vanguard.com/investor. If you would prefer to speak with a Vanguard Participant Services associate, call Associates can answer your questions about creating an investment mix and help you with the Investor Questionnaire. Remember to visit for more information about the current investment options in your plan. Note: The Grainger Stock Fund is not available for elective contributions to the 401(k). 5

6 Your Investment Options at a Glance: The investment options are listed by overall risk level (from most conservative to most aggressive), which takes into account the different types of risk applicable to each option s asset class and investment style. Investment Option Short-Term Income Fund Objective/Strategy Target Asset Allocation Risk Level Expense Ratio* Seeks to provide income greater than that offered by money market funds. The fund invests in a diversified portfolio of short-term fixed income and money market securities. The fund maintains a portfolio allocation of 50% shortterm fixed income securities and 50% money market securities. 50% Vanguard Short-Term Bond Index Fund Institutional Plus Shares 50% Vanguard Prime Money Market Fund Conservative 0.11% Balanced Fund Seeks to provide a high level of total return consistent with reasonable risk. The fund invests in a diversified portfolio of domestic and international stocks and fixed income securities. The fund maintains a portfolio allocation of 30% domestic stocks, 30% international stocks, and 40% fixed income securities. 30% Vanguard Total Stock Market Index Fund Institutional Plus Shares 30% Vanguard Total International Stock Index Fund 40% Vanguard Total Bond Market Index Fund Institutional Plus Shares Moderate 0.09% Common Stock Fund Seeks to provide long-term capital appreciation. The fund invests in a diversified portfolio of domestic and international stocks. The fund maintains a portfolio allocation of 50% domestic stocks and 50% international stocks. 50% Vanguard Total Stock Market Index Fund Institutional Plus Shares 50% Vanguard Total International Stock Index Fund Moderate to aggressive 0.12% Grainger Stock Fund Seeks to provide long-term growth of capital. The fund invests in Grainger common stock to provide investors the possibility of long-term growth through increases in the value of the stock and the reinvestment of its dividends. A small portion of the fund will also be invested in cash investments such as money market instruments to help accommodate daily transactions. 99% Grainger common stock 1% Vanguard Prime Money Market Fund Aggressive 0.05% *The annual cost of running the fund, expressed as a percentage of the fund s assets, as of the most recent fund prospectus. A Note About Risk All investing is subject to risk, including possible loss of principal. Bond funds are subject to the risk that an issuer will fail to make payments on time, and that bond prices will decline because of rising interest rates or negative perceptions of an issuer s ability to make payments. Investments in stocks or bonds issued by non-u.s. companies are subject to risks including country/regional risk and currency risk. Because it concentrates on a single stock, the Grainger Stock Fund is considered riskier than a stock mutual fund, which is diversified. Diversification does not ensure a profit or protect against a loss. 6

7 Connect with Vanguard Online. Log on to your account at vanguard.com/retirementplans. Not yet registered for immediate, secure online account access? Click Register for account access on the logon page to sign up. You will need your plan number, On your mobile device. Go to vanguard.com/bemobile to download the Vanguard app so you can access your account on the go. By phone. Call to reach Vanguard s 24-hour interactive VOICE Network. You ll need your Social Security number and a personal identification number (PIN) to use VOICE. To create a PIN, follow the prompts when you call. Or you can speak with a Vanguard Participant Services associate Monday through Friday from 7:30 a.m. to 8 p.m., Central time. Join the Vanguard community on social media channels. You ll have access to Vanguard experts and be able to get up-to-the-minute news and views, attend live web events, participate in live chats, and interact with other Vanguard investors. Questions? If you have any questions about your account or the information in this newsletter, you can reach a Vanguard Participant Services associate at Monday through Friday from 7:30 a.m. to 8 p.m., Central time. 7

8 Connect with Vanguard vanguard.com/retirementplans > For more information about any fund, including investment objectives, risks, charges, and expenses, call Vanguard at to obtain a prospectus. The prospectus contains this and other important information about the fund. Read and consider the prospectus information carefully before you invest. You can also download Vanguard fund prospectuses at vanguard.com. An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although a money market fund seeks to preserve the value of your investment at $1 per share, it is possible to lose money by investing in such a fund. *Tax implications: When taking withdrawals from a tax-deferred plan before age 59½, you will have to pay ordinary income tax plus a 10% federal penalty tax. Vanguard, Connect with Vanguard, vanguard.com and VOICE are trademarks of The Vanguard Group, Inc. Participant Education P.O. Box 2900 Valley Forge, PA The Vanguard Group, Inc. All rights reserved. Vanguard Marketing Corporation, Distributor of the Vanguard Funds. BBBBKGVV

A wise choice for your future

A wise choice for your future A wise choice for your future Saving and investing in your employer s retirement plan could be the best way you have to reach your future financial goals. Macomb County has selected Vanguard one of the

More information

Welcome to your new 401(k) home

Welcome to your new 401(k) home Welcome to your new 401(k) home Introducing Vanguard... your new 401(k) partner We are excited to welcome Vanguard to the Anheuser-Busch 401(k) Savings and Retirement Plan as our new investment manager,

More information

401(k) Enrollment Guide

401(k) Enrollment Guide This Guide Includes: > How 401k Plans Work > Fundamentals of Investing > Investor Profile Questionnaire > 401k FAQs > Elective Deferral Agreement > Beneficiary Designation Form > Account Access Guide 401(k)

More information

so sodexo Welcome to Your Sodexo Retirement Program Your future P L A N O V E R V I E W A valuable benefit that lets you share in Sodexo s success

so sodexo Welcome to Your Sodexo Retirement Program Your future P L A N O V E R V I E W A valuable benefit that lets you share in Sodexo s success P L A N O V E R V I E W Your future so sodexo Welcome to Your Sodexo Retirement Program A valuable benefit that lets you share in Sodexo s success SOD_Enroll_Guide Mar_09 09IAS-03-003 2009 ING Institutional

More information

UNDERSTANDING THE SMU 403(b) RETIREMENT PLAN

UNDERSTANDING THE SMU 403(b) RETIREMENT PLAN UNDERSTANDING THE SMU 403(b) RETIREMENT PLAN 2016 The SMU 403(b) Retirement Plan is a valuable employee benefit and one of the most powerful ways to build your retirement savings. The plan is designed

More information

PLAN FOR YOUR FUTURE. 71% say retirement WHY ENROLL? GET STARTED TODAY ONE TWO THREE

PLAN FOR YOUR FUTURE. 71% say retirement WHY ENROLL? GET STARTED TODAY ONE TWO THREE Regions Financial Corporation 401(k) Plan PLAN FOR YOUR FUTURE You may spend 20 years or more in retirement that s a long time to go without a paycheck! Of course, there will still be bills to pay, so

More information

THE UNIVERSITY OF CHICAGO RETIREMENT PROGRAM

THE UNIVERSITY OF CHICAGO RETIREMENT PROGRAM THE UNIVERSITY OF CHICAGO RETIREMENT PROGRAM Welcome to the University of Chicago Retirement Program This brochure is designed to help you: Understand the University s retirement program Learn how you

More information

Highlights 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 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 information

Your retirement plan is on the move

Your retirement plan is on the move Your retirement plan is on the move In May, your Dow Corning Corporation Employees Capital Accumulation Plan (CAP) will transition to Vanguard. This newsletter gives you the latest information about the

More information

401(k) PLAN ENROLLMENT PAC

401(k) PLAN ENROLLMENT PAC Plan Year 1999-2000 401(k) PLAN ENROLLMENT PAC Use this Enrollment Pac to... Learn the basics about 401(k) plans in general and our company plan in particular Join our company plan and indicate your deferral,

More information

The easy way to save for your retirement

The easy way to save for your retirement The easy way to save for your retirement If you want to live comfortably during your retirement, you really can t afford to wait to begin saving for that goal. And now that your employer is offering the

More information

Start investing in yourself today, with help from the University System of Maryland Supplemental 403(b) Plan and Fidelity.

Start investing in yourself today, with help from the University System of Maryland Supplemental 403(b) Plan and Fidelity. University System of Maryland Supplemental 403(b) Plan (#65612) Start investing in yourself today, with help from the University System of Maryland Supplemental 403(b) Plan and Fidelity. Invest some of

More information

SIMPLE IRA PLAN. Employee Guidebook. Welcome Building retirement savings Convenient way to invest You have control Open your account.

SIMPLE IRA PLAN. Employee Guidebook. Welcome Building retirement savings Convenient way to invest You have control Open your account. SIMPLE IRA PLAN Contents Employee Guidebook WELCOME. Your employer is offering a SIMPLE IRA plan through T. Rowe Price, one of the country s leading investment firms. We ll help you build a well-balanced

More information

Protect your plan savings for retirement. New York University 457(b) Deferred Compensation Plan

Protect your plan savings for retirement. New York University 457(b) Deferred Compensation Plan Protect your plan savings for retirement New York University 457(b) Deferred Compensation Plan Whether you have left the workforce or have simply changed employers, it is important to protect the money

More information

Create your plan Vanguard recommends saving 12% 15%. 7% is the average saving rate at Vanguard. Retirement income calculator How much income will you need in retirement? Are you on track? Compare

More information

Vanguard Financial Education Series investing. How to invest your retirement savings

Vanguard Financial Education Series investing. How to invest your retirement savings Vanguard Financial Education Series investing How to invest your retirement savings During your working life, you ve saved and invested for retirement. Now that you re finally reaching retirement, consider

More information

TECO Energy Group Retirement Savings Plan Summary Plan Description

TECO Energy Group Retirement Savings Plan Summary Plan Description TECO Energy Group Retirement Savings Plan Summary Plan Description The Summary Plan Description (SPD) for the TECO Energy Group Retirement Savings Plan (the Plan ) and any subsequent Summaries of Material

More information

CHG Companies, Inc. Employee 401(k) Plan

CHG Companies, Inc. Employee 401(k) Plan CHG Companies, Inc. Employee 401(k) Plan There are many great benefits to being part of the CHG Companies, Inc. Employee 401(k) Plan. Among those benefits is exceptional customer service online, by phone,

More information

Principles for investing success

Principles for investing success Principles for investing success Vanguard s principles for investing success. How would you rate your driving? Above average Average Below average Focus on the things you can control. GOALS Create clear,

More information

Highlights 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 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 information

The following replaces similar text in the Investing With Vanguard section:

The following replaces similar text in the Investing With Vanguard section: Vanguard Funds Supplement to the Prospectus Prospectus Text Changes The following replaces similar text for the second bullet point under the heading Frequent Trading or Market-Timing in the More on the

More information

How to choose investments for your retirement

How to choose investments for your retirement How to choose investments for your retirement You have a lot of investment options in your retirement plan. Find out how to choose among them with this brochure. To put your financial plan into action,

More information

LIVING WELL IN RETIREMENT. Minimum Distribution: Making it simple

LIVING 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 information

YOUR GUIDE TO GETTING STARTED

YOUR GUIDE TO GETTING STARTED Navient 401(k) Savings Plan Invest in your retirement and yourself today, with help from Navient 401(k) Savings Plan and Fidelity. YOUR GUIDE TO GETTING STARTED Invest some of what you earn today for what

More information

LOUISIANA Public Employees Deferred Compensation Plan

LOUISIANA Public Employees Deferred Compensation Plan LOUISIANA Public Employees Deferred Compensation Plan PLAN FEATURES AND HIGHLIGHTS THE LOUISIANA PUBLIC EMPLOYEES 457(B) DEFERRED COMPENSATION PLAN (PLAN) IS A POWERFUL TOOL TO HELP YOU REACH YOUR RETIREMENT

More information

Information on Retirement Savings Plans Available at Carnegie Mellon University

Information on Retirement Savings Plans Available at Carnegie Mellon University Information on Retirement Savings Plans Available at Carnegie Mellon University Carnegie Mellon University offers two retirement savings plans based on eligibility and citizenship/residency: Carnegie Mellon

More information

SCOTT & WHITE RETIREMENT/401(K) PLAN Plan Number 090337 Plan Information as of 05/16/2015

SCOTT & WHITE RETIREMENT/401(K) PLAN Plan Number 090337 Plan Information as of 05/16/2015 SCOTT & WHITE RETIREMENT/401(K) PLAN Plan Number 090337 Plan Information as of 05/16/2015 This legally required notice includes important information to help you compare the investment options under your

More information

ANNUITIES VARIABLE. MetLife Retirement Perspectives. asset allocation questionnaire

ANNUITIES VARIABLE. MetLife Retirement Perspectives. asset allocation questionnaire LINE BAN ANNUITIES VARIABLE MetLife Retirement Perspectives asset allocation questionnaire Asset Allocation Questionnaire The following questions will enable you to determine your time horizon and risk

More information

Invest in your retirement and yourself today, with help from the Deferred Compensation Plan and Fidelity.

Invest in your retirement and yourself today, with help from the Deferred Compensation Plan and Fidelity. City of Fresno Deferred Compensation Plan Invest in your retirement and yourself today, with help from the Deferred Compensation Plan and Fidelity. Your Guide to Getting Started Invest some of what you

More information

Plan Features Questions and Answers

Plan Features Questions and Answers Plan Features Questions and Answers ELIGIBILITY Q. What are the requirements to participate? A. All eligible CTG colleagues who complete one hour of service during the plan year may become participants

More information

Vanguard Target Retirement Funds

Vanguard Target Retirement Funds Vanguard Target Retirement Funds Supplement to the Prospectus Dated January 27, 2014 Prospectus Text Changes The Average Annual Total Returns table for Vanguard Target Retirement Income Fund is replaced

More information

Retirement Plans. 457(b) Plan Highlights. Plan Highlights. State of Arizona Deferred Compensation

Retirement Plans. 457(b) Plan Highlights. Plan Highlights. State of Arizona Deferred Compensation Retirement Plans 457(b) Plan Highlights Plan Highlights State of Arizona Deferred Compensation Get started in three steps 1 Find your comfort zone. Consider your interest and confidence levels, then choose

More information

Frequently Asked Questions (Last revised on 12/1/2006)

Frequently Asked Questions (Last revised on 12/1/2006) Frequently Asked Questions (Last revised on 12/1/2006) Q. Are the new 401k and the ESOP the same plan or separate plans? A. The JELD-WEN ESOP and the new JELD-WEN 401k Retirement Savings Plan are two separate,

More information

YOUR GUIDE TO GETTING STARTED

YOUR GUIDE TO GETTING STARTED George Mason University Cash Match Plan (#72170) Invest in your retirement and yourself today, with help from The George Mason 401(a) Match Plan and Fidelity. YOUR GUIDE TO GETTING STARTED Invest some

More information

A 401(k) FOR SELF-EMPLOYED INDIVIDUALS AND OWNER-ONLY BUSINESSES

A 401(k) FOR SELF-EMPLOYED INDIVIDUALS AND OWNER-ONLY BUSINESSES A 401(k) FOR SELF-EMPLOYED INDIVIDUALS AND OWNER-ONLY BUSINESSES Are you self-employed? Just you and your spouse running a business? If so, you may find a Self-Employed 401(k) offers one of the most attractive

More information

Attorneys' Title Guaranty Fund, Inc. Savings Plan

Attorneys' Title Guaranty Fund, Inc. Savings Plan Attorneys' Title Guaranty Fund, Inc. Savings Plan There are many great benefits to being a participant in the Attorneys' Title Guaranty Fund, Inc. Savings Plan. Among those benefits is exceptional customer

More information

The Stable Value Fund

The Stable Value Fund The Stable Value Fund Investment objective The Stable Value Fund (SVF) is one of the investment options offered in the ConocoPhillips Savings Plan. The SVF seeks to preserve principal and provide returns

More information

401(k) Plan for your retirement and achieve your financial goals.

401(k) Plan for your retirement and achieve your financial goals. 401(k) Plan for your retirement and achieve your financial goals. Index Quick Index Contributions and Vesting Pages 1-3 Loans Page 4 Distributions/Withdrawals Pages 5-6 Beneficiaries Page 7 Roth 401(k)

More information

The IBM 401(k) Plus Plan. Invest today for what you hope to accomplish tomorrow

The IBM 401(k) Plus Plan. Invest today for what you hope to accomplish tomorrow The IBM 401(k) Plus Plan Invest today for what you hope to accomplish tomorrow The IBM 401(k) Plus Plan Dollar-for-dollar company match, automatic company contributions, broad range of investment options

More information

Your Guide to Getting Started

Your Guide to Getting Started Hallmark Health 401(k) Savings Plan Invest in your retirement and yourself today, with help from the Hallmark Health 401(k) Savings Plan and Fidelity. Your Guide to Getting Started Invest some of what

More information

About Roth 401(k) for more details.

About Roth 401(k) for more details. Frequently Asked Questions About Participating in a Banner Retirement Plan Q: What retirement plan is available to me as a Banner employee? A: Banner offers eligible employees the opportunity to put aside

More information

Employees Capital Accumulation Plan (ECAP) Features At-A-Glance

Employees Capital Accumulation Plan (ECAP) Features At-A-Glance Prosper Employees Capital Accumulation Plan (ECAP) Features At-A-Glance What Is ECAP? Booz Allen Hamilton s Employees Capital Accumulation Plan (ECAP) is a tax-deferred, defined contribution plan designed

More information

THE SHERWIN-WILLIAMS COMPANY EMPLOYEE STOCK PURCHASE & SAVINGS PLAN SUMMARY PLAN DESCRIPTION (SPD) SPD as of July 1, 2008

THE SHERWIN-WILLIAMS COMPANY EMPLOYEE STOCK PURCHASE & SAVINGS PLAN SUMMARY PLAN DESCRIPTION (SPD) SPD as of July 1, 2008 THE SHERWIN-WILLIAMS COMPANY EMPLOYEE STOCK PURCHASE & SAVINGS PLAN SUMMARY PLAN DESCRIPTION (SPD) SPD as of July 1, 2008 TABLE OF CONTENTS Important Information... 4 Who To Contact... 5 Introduction...

More information

Your Plan Enrollment Guide

Your Plan Enrollment Guide Take charge of your future with your workplace savings plan University Emergency Medicine Foundation 401(k) Plan Your Plan Enrollment Guide Invest some of what you earn today for what you plan to accomplish

More information

Your retirement plan choices

Your retirement plan choices Your retirement plan choices Why join? If you want to retire someday, then saving is a must. It s the single most effective way to reach a comfortable retirement. It s important because experts estimate

More information

Vanguard Institutional Target Retirement 2010 Fund

Vanguard Institutional Target Retirement 2010 Fund Vanguard Institutional Target Retirement 2010 Fund Supplement to the Prospectus Dated January 28, 2016 Reorganization of Vanguard Institutional Target Retirement 2010 Fund into Vanguard Institutional Target

More information

Taking a Company Stock Distribution From the Chevron Employee Savings Investment Plan

Taking a Company Stock Distribution From the Chevron Employee Savings Investment Plan Taking a Company Stock Distribution From the Chevron Employee Savings Investment Plan The tax treatment of Chevron stock distributions from the Chevron Employee Savings Investment Plan (ESIP) can vary

More information

Human Energy. Yours. TM. New Investment Choices in Your ESIP. Your Wealth. New Investment Choices in Your ESIP 1

Human Energy. Yours. TM. New Investment Choices in Your ESIP. Your Wealth. New Investment Choices in Your ESIP 1 Human Energy. Yours. TM New Investment Choices in Your ESIP Your Wealth. New Investment Choices in Your ESIP 1 New Investment Choices in Your ESIP How you invest the money you save in the ESIP is one of

More information

salesforce.com, Inc. and Salesforce.com Foundation 401(k) Plan

salesforce.com, Inc. and Salesforce.com Foundation 401(k) Plan salesforce.com, Inc. and Salesforce.com Foundation 401(k) Plan There are many great benefits to being a participant in the salesforce.com, Inc. and Salesforce.com Foundation 401(k) Plan. Among those benefits

More information

Cash Balance Pension Plan 403(b)/401(k) Retirement Savings Plan. Take Financial Care of Yourself

Cash Balance Pension Plan 403(b)/401(k) Retirement Savings Plan. Take Financial Care of Yourself Cash Balance Pension Plan 403(b)/401(k) Retirement Savings Plan Take Financial Care of Yourself Trinity Health s Retirement Program Sources of Total Retirement Income Income Sources Provided by Trinity

More information

Notice 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 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 information

Start investing in yourself today, with help from the Sutter Health 403(b) Savings Plan and Fidelity. Your Guide to Getting Started

Start investing in yourself today, with help from the Sutter Health 403(b) Savings Plan and Fidelity. Your Guide to Getting Started Sutter Health 403(b) Savings Plan Start investing in yourself today, with help from the Sutter Health 403(b) Savings Plan and Fidelity. Your Guide to Getting Started Invest some of what you earn today

More information

Workplace Education Series. Making the Most of Your New Workplace Savings Plan

Workplace Education Series. Making the Most of Your New Workplace Savings Plan Making the Most of Your New Workplace Savings Plan Making the Most of Your New Workplace Savings Plan Guiding you through exciting plan changes ahead Today s agenda: New plan features Steps to prioritizing

More information

Salaried Investment and Savings Plan Summary Plan Description (SPD)

Salaried Investment and Savings Plan Summary Plan Description (SPD) Salaried Investment and Savings Plan Summary Plan Description (SPD) As of January 1, 2012 (Including updates through 7/31/2012) TABLE OF CONTENTS TABLE OF CONTENTS... 1 ABOUT THIS SPD... 3 ISP AT A GLANCE...

More information

PLAN. Enroll today. Enjoy tomorrow. Chicago Public Schools 403(b) Tax-Deferred Retirement Plan and 457(b) Deferred Compensation Plan

PLAN. Enroll today. Enjoy tomorrow. Chicago Public Schools 403(b) Tax-Deferred Retirement Plan and 457(b) Deferred Compensation Plan PLAN Enroll today. Enjoy tomorrow. Chicago Public Schools 403(b) Tax-Deferred Retirement Plan and 457(b) Deferred Compensation Plan saving : investing : planning Workplace retirement plans to help you

More information

JOHNS HOPKINS UNIVERSITY 403(b) PLAN and JOHNS HOPKINS UNIVERSITY INCOME DEFERRAL 403(b) PLAN FOR RESIDENTS, INTERNS AND POSTDOCTORAL FELLOWS

JOHNS HOPKINS UNIVERSITY 403(b) PLAN and JOHNS HOPKINS UNIVERSITY INCOME DEFERRAL 403(b) PLAN FOR RESIDENTS, INTERNS AND POSTDOCTORAL FELLOWS JOHNS HOPKINS UNIVERSITY 403(b) PLAN and JOHNS HOPKINS UNIVERSITY INCOME DEFERRAL 403(b) PLAN FOR RESIDENTS, INTERNS AND POSTDOCTORAL FELLOWS Summary of Plan Services and Costs This summary provides important

More information

The Stable Value Fund

The Stable Value Fund The Stable Value Fund Phillips 66 Savings Plan (099066) Investment objective The Stable Value Fund (SVF) is one of the investment options offered in the Phillips 66 Savings Plan. The SVF seeks to preserve

More information

Welcome to the Thrift Savings Plan!

Welcome to the Thrift Savings Plan! Welcome to the Thrift Savings Plan! The TSP offers these important features to help you save for retirement: You benefit from low administrative costs that help keep more money in your account. You have

More information

Program Features and Highlights

Program Features and Highlights Wisconsin Deferred Compensation (WDC) Program Program Features and Highlights Learn more about Wisconsin s section 457(b) Deferred Compensation Program What is a section 457 deferred compensation program?

More information

Who May Join the Plan You are eligible to join the Savings Plan/Plus if you are a regular employee who works at least 20 hours per week.

Who May Join the Plan You are eligible to join the Savings Plan/Plus if you are a regular employee who works at least 20 hours per week. Congratulations! You are eligible to enroll in Teradyne s retirement plan, the Teradyne, Inc. Savings Plan/Plus. Below is a brief summary of the main features of the Plan. For more details, please read

More information

Minimum distribution. Making it simple

Minimum 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 information

Invesco SIMPLE IRA Employee guide

Invesco SIMPLE IRA Employee guide Invesco SIMPLE IRA Employee guide Invesco SIMPLE IRA A Retirement Strategy for You Retirement. The word evokes dreams of relaxation and adventure. The sad fact is many people won t realize their dreams

More information

Fidelity Freedom Lifetime Income Annuity *

Fidelity Freedom Lifetime Income Annuity * Fidelity Freedom Lifetime Income Annuity * SECURE A STREAM OF INCOME 1 THAT S GUARANTEED 2 FOR LIFE. Fidelity insurance products are issued by Fidelity Investments Life Insurance Company (FILI) and, in

More information

Guide to Your Retirement Plan Statement

Guide to Your Retirement Plan Statement Guide to Your Retirement Plan Statement Reviewing your account information has never been easier www.benefits.ml.com FOR ACCOUNT HISTORY, INVESTMENT PERFORMANCE AND MORE SUMMARY OF YOUR PLANS OCTOBER 1,

More information

SIMPLE IRA 2016 Fact Sheet

SIMPLE IRA 2016 Fact Sheet SIMPLE IRA 2016 Fact Sheet A retirement plan option for small business owners with 100 or fewer employees may be an ideal option for your business. The Savings Incentive Match Plan for Employees (SIMPLE)

More information

Your retirement plan transition information and important steps for employees to complete

Your retirement plan transition information and important steps for employees to complete Brighten Your Outlook Your retirement plan transition information and important steps for employees to complete What s included in this letter: Highlights of the new retirement plan How to set up your

More information

The IBM 401(k) Plus Plan. Invest today for what you hope to accomplish tomorrow

The IBM 401(k) Plus Plan. Invest today for what you hope to accomplish tomorrow The IBM 401(k) Plus Plan Invest today for what you hope to accomplish tomorrow The IBM 401(k) Plus Plan Dollar-for-dollar company match, automatic company contributions, broad range of investment options

More information

401(k) Plan. 2012 Benefits Open Enrollment

401(k) Plan. 2012 Benefits Open Enrollment 401(k) Plan 2012 Benefits Open Enrollment Why should an individual participate in the 401(k) plan? Participating in the 401(k) plan is an easy and convenient way for you to save for retirement. Social

More information

Guaranteed Income for Life (GIFL) Rollover Variable Annuity IRA

Guaranteed Income for Life (GIFL) Rollover Variable Annuity IRA Guaranteed Income for Life (GIFL) Rollover Variable Annuity IRA Exclusively available for 401(k) plan participants with the John Hancock Guaranteed Income for Life in-plan benefit Annuity contracts are

More information

Your Future Revolves Around You.

Your Future Revolves Around You. Your Future Revolves Around You. UPS Savings Advantage What is the UPS Savings Advantage? The UPS Savings Advantage is the program name that describes both the UPS Savings Plan and the UPS Qualified Stock

More information

One Day I will understand how my retirement plan can help me work toward my goals. One Day is Today! LEARN MORE ABOUT YOUR RETIREMENT PLAN

One Day I will understand how my retirement plan can help me work toward my goals. One Day is Today! LEARN MORE ABOUT YOUR RETIREMENT PLAN One Day I will understand how my retirement plan can help me work toward my goals. One Day is Today! LEARN MORE ABOUT YOUR RETIREMENT PLAN Retirement Preparation Importance of retirement preparation Major

More information

Mercy MyRetirement Program. Because your TOMORROW. is counting on you. Your Transition Guide for the move to Fidelity

Mercy MyRetirement Program. Because your TOMORROW. is counting on you. Your Transition Guide for the move to Fidelity Mercy MyRetirement Program Because your TOMORROW is counting on you Your Transition Guide for the move to Fidelity 1 Mercy MyRetirement Program Welcome to Fidelity! Fidelity Investments will become the

More information

Great-West Lifetime. Not a Deposit Not FDIC Insured Not Guaranteed by Any Bank Not Insured by Any Federal Government Agency Funds May Lose Value

Great-West Lifetime. Not a Deposit Not FDIC Insured Not Guaranteed by Any Bank Not Insured by Any Federal Government Agency Funds May Lose Value Great-West Lifetime Advantage IRA Solution Not a Deposit Not FDIC Insured Not Guaranteed by Any Bank Not Insured by Any Federal Government Agency Funds May Lose Value Great-West Lifetime Advantage IRA

More information

Retire from work.. Not life.

Retire from work.. Not life. Retire from work.. Not life. The South Carolina Photography by Julie J. Prickett What s Inside. Program Overview 1 Comparison of 401(k) and 457 Plans 2 Program Details 3 Investment Basics 5 Advice and

More information

Profit Sharing and Retirement Savings Plan

Profit Sharing and Retirement Savings Plan Profit Sharing and Retirement Savings Plan Steel Dynamics offers employees two methods to save for retirement: Profit Sharing Contributions This benefit is fully funded by the company and vests gradually

More information

Helping bring health & well-being to your financial future. Your Bon Secours Retirement Savings Plan Enrollment Guide

Helping bring health & well-being to your financial future. Your Bon Secours Retirement Savings Plan Enrollment Guide Helping bring health & well-being to your financial future Your Bon Secours Retirement Savings Plan Enrollment Guide Invest some of what you earn today for what you plan to accomplish tomorrow. Dear Employee:

More information

The Bank of New York Mellon Corporation 401(k) Savings Plan Summary Plan Description

The Bank of New York Mellon Corporation 401(k) Savings Plan Summary Plan Description The Bank of New York Mellon Corporation 401(k) Savings Plan This document constitutes part of a prospectus covering securities that have been registered under the Securities Act of 1933, as amended. Table

More information

TRANSITION GUIDE Important details on the transition of the Island $avings Plan

TRANSITION GUIDE Important details on the transition of the Island $avings Plan TRANSITION GUIDE Important details on the transition of the Island $avings Plan The State of Hawaii Deferred Compensation Plan The Island $avings Plan is coming together with Prudential Retirement, the

More information

THE CLAREMONT COLLEGES Academic Retirement Plan

THE CLAREMONT COLLEGES Academic Retirement Plan THE CLAREMONT COLLEGES Academic Retirement Plan Plan Overview: The Academic Retirement Plan (ARP) is the primary retirement plan for The Claremont Colleges The ARP is a defined contribution plan qualified

More information

Retirement Savings Plan

Retirement Savings Plan Retirement Savings Plan Steel Dynamics offers employees the following method to save for retirement: 401(k) Retirement Savings Contributions This benefit allows you to contribute a percentage of your earnings

More information

U.S. Bank 401(k) Savings Plan Summary Plan Description

U.S. Bank 401(k) Savings Plan Summary Plan Description U.S. Bank 401(k) Savings Plan Summary Plan Description January 2012 This document constitutes part of a prospectus covering securities that have been registered under the Securities Act of 1933. HR1201W

More information

Help make diversified investing simpler

Help make diversified investing simpler Help make diversified investing simpler Nationwide Guided Portfolio Strategies (GPS) Not a deposit Not FDIC or NCUSIF insured Not guaranteed by the institution Not insured by any federal government agency

More information

CBS & YOU PREPARE. DECIDE. ACT.

CBS & YOU PREPARE. DECIDE. ACT. YOUR HR/BENEFITS PROGRAM PREPARE. DECIDE. ACT. YOUR HR PORTAL Dear YOUR CBS CBS Employee: 401(K) PLAN Congratulations, you re now eligible to participate in the CBS 401(k) Plan. As you ll see, your CBS

More information

Your Plan Your Future

Your Plan Your Future Nevada Public Employees Deferred Compensation Program Retiring Minds Want to Know Your Plan Your Future 1 Retiring Minds Want to Know Objectives How much income replacement do you need when you retire???

More information

EmployEr Fact ShEEt. PLAn FeAtures

EmployEr Fact ShEEt. PLAn FeAtures EmployEr Fact ShEEt SIMPLE IRA A plan option for small business owners with 100 or fewer employees may be an ideal option for your business. The Savings Incentive Match Plan for Employees (SIMPLE) IRA

More information

Retirement Plans. There are two steps you must complete to enroll in either the LPS 403(b) or 457

Retirement Plans. There are two steps you must complete to enroll in either the LPS 403(b) or 457 Tax Deferred Savings through your Littleton Public Schools 403(b) and 457 Retirement Plans Tax deferred savings plans are special accounts that allow employees to save money for retirement while deferring

More information

Transamerican Auto Parts 401k plan

Transamerican Auto Parts 401k plan Transamerican Auto Parts 401k plan There are many great benefits to being a participant in the Transamerican Auto Parts 401k plan. Among those benefits is exceptional customer service online, by phone,

More information

Transamerican Auto Parts 401k plan

Transamerican Auto Parts 401k plan Transamerican Auto Parts 401k plan There are many great benefits to being a participant in the Transamerican Auto Parts 401k plan. Among those benefits is exceptional customer service online, by phone,

More information

Progress Energy 401(k) Savings & Stock Ownership Plan Prospectus Supplement

Progress Energy 401(k) Savings & Stock Ownership Plan Prospectus Supplement Document title: AUTHORIZED COPY Progress Energy 401(k) Savings & Stock Ownership Plan Summary Plan Description Document number: HRI-SUBS-00017 Applies to: Keywords: Eligible employees of Progress Energy

More information

Empower Retirement TM IRA

Empower Retirement TM IRA Empower Retirement TM IRA Whether you ve been a participant in an employer-sponsored group retirement plan, are new to retirement saving, or are just exploring other retirement savings options, the Empower

More information

Getting Started. Why should I participate in the Program? What is a 401(k) plan? What is a Roth 401(k) contribution?

Getting Started. Why should I participate in the Program? What is a 401(k) plan? What is a Roth 401(k) contribution? The State of Tennessee 401(k) and 457 Deferred Compensation Program (your Program ) is a powerful tool to help you reach your retirement dreams. As a supplement to other retirement benefits or savings

More information

Introduction... 1. Plan Features... 1. Plan Options... 2. 401(k) Before-tax Option... 2. Roth 401(k) After-tax Option... 3

Introduction... 1. Plan Features... 1. Plan Options... 2. 401(k) Before-tax Option... 2. Roth 401(k) After-tax Option... 3 Thrift Plan Introduction......................................................... 1 Plan Features........................................................ 1 Plan Options.........................................................

More information

INDIVIDUAL 401(k) Plan

INDIVIDUAL 401(k) Plan INDIVIDUAL 401(k) Plan Guidebook Contents WELCOME. When you commit to saving for retirement, you want to invest with a company that shares your dedication to hard work and results. At T. Rowe Price, we

More information

It s your future. Choose Pension2 TM. Pension2. Program Highlights

It s your future. Choose Pension2 TM. Pension2. Program Highlights It s your future. Choose Pension2 TM. Pension2 Program Highlights It s your future. Choose Pension2. Your plans for the future are important to us at CalSTRS. For more than 100 years, we have been the

More information

Group Financial Services. Participant s Guide to Deferred Profit Sharing Plans

Group Financial Services. Participant s Guide to Deferred Profit Sharing Plans Group Financial Services Participant s Guide to Deferred Profit Sharing Plans 1 Group Financial Services RBC Deferred Profit Sharing Plan Your employer has established a Deferred Profit Sharing Plan (DPSP)

More information

SUMMARY DESCRIPTION OF THE. University of Mississippi 403(b) PLAN

SUMMARY DESCRIPTION OF THE. University of Mississippi 403(b) PLAN SUMMARY DESCRIPTION OF THE University of Mississippi 403(b) PLAN ("The Plan") PLEASE READ THIS CAREFULLY AND KEEP FOR FUTURE REFERENCE. January 2013 CONTENTS 1. INTRODUCTION... 1 2. IMPORTANT PLAN INFORMATION...

More information

401(k) SMART PLAN DON T WAIT. START TODAY. C40070 (7-14)

401(k) SMART PLAN DON T WAIT. START TODAY. C40070 (7-14) 401(k) SMART PLAN DON T WAIT. START TODAY. C40070 (7-14) Congratulations! You can now enroll in Publix s 401(k) SMART Plan! Saving for your future is important and the SMART Plan is here to make it easier

More information

Your 401(k) Rollover Guide

Your 401(k) Rollover Guide Your 401(k) Rollover Guide The best approach to rollovers is often the simplest. A simple decision may make a big difference to your future. Whether you re changing jobs or retiring, leaving your employer

More information

NemoursBenefits 2010 RETIREMENT CHOICE. DECISION GUIDE Grandfathered Version. Planning for a Bright and Secure Future

NemoursBenefits 2010 RETIREMENT CHOICE. DECISION GUIDE Grandfathered Version. Planning for a Bright and Secure Future NemoursBenefits 2010 RETIREMENT CHOICE DECISION GUIDE Grandfathered Version Planning for a Bright and Secure Future HOW TO USE THE ONLINE RETIREMENT CHOICE MODELING TOOL You can use the online Retirement

More information

401(k) Profit Sharing Plan Features & Highlights

401(k) Profit Sharing Plan Features & Highlights Your TD Ameritrade 401(k) Profit Sharing Plan ( 401(k) Plan ) is a powerful tool to help you reach your retirement dreams. As a supplement to other retirement benefits or savings that you may have, this

More information