([[RQ0RELO 6DYLQJV 3ODQ

Size: px
Start display at page:

Download "([[RQ0RELO 6DYLQJV 3ODQ"

Transcription

1 ([[RQ0RELO 6DYLQJV 3ODQ 6XPPDU\ 3ODQ 'HVFULSWLRQ 'HFHPEHU

2 About the Savings Plan - Sources - Introduction - Plan at a Glance Participating in the Savings Plan Your Contributions and the Company Match Investment Options Investment Considerations Implementing Investment Decisions Changing How Your Money Is Invested Accessing Your Money Loans Withdrawals Distributions Tax Considerations Administrative and ERISA Securities and Exchange Commission (SEC) Key Terms ExxonMobil Savings Plan SPD and Prospectus December 2012 About the Savings Plan This SPD is the summary plan description and prospectus for the ExxonMobil Savings Plan. It does not contain all the details. Use of the phrase "Savings Plan" throughout this document refers collectively to the Savings Plan and its implementing Savings Trust, except as otherwise noted. This SPD supersedes all previous Savings Plan participant publications. In determining specific benefits, the full Savings Plan provisions, as they exist now or in the future, always govern. Copies of Savings Plan documents are available for your review. The company reserves the right at any time to change in any way or terminate any benefit. THIS SPD CONSTITUTES PART OF A PROSPECTUS COVERING SECURITIES THAT HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, INCLUDING SHARES OF EXXON MOBIL CORPORATION COMMON STOCK ("EXXONMOBIL STOCK"). Applicability to represented employees is governed by collective bargaining agreements and any local bargaining requirements. Sources When you need account information or want to make an account transaction, you have two options that are generally available 24 hours a day, 7 days a week. The Savings Plan Internet Site ("Web site") is located at The toll free telephone number for the Savings Telephone Service (STS) is 877-XOM-401K ( ). Non-U.S. residents call In addition, Customer Service Associates are available for inquiries and transactions via the STS Monday through Friday, 7:00 a.m. to 6:00 p.m. Central time, excluding New York Stock Exchange holidays. Features Who Worked for Mobil Corporation Who Worked for Paxon or

3 AES page 2 Who Worked for XTO ExxonMobil Sponsored Sites Access to plan-related information for employees, retirees, and their family members is also available on the following web sites: ExxonMobil Me, the Human Resources Intranet site Can be accessed by current employees. Retiree Online Community Internet Site Can be accessed from home by ExxonMobil retirees and survivors only (including Exxon and Mobil retirees and survivors) at ExxonMobil Family Can be accessed at Introduction The company* sponsors the ExxonMobil Savings Plan to encourage long-term savings and help participants ensure their financial security in retirement. The ExxonMobil Savings Plan contains many features described in detail in this SPD. Keep this SPD for future reference to help you find specific information quickly and easily and make the most of the features available to you. The SPD includes these helpful tools: Plan at a Glance is a quick user's guide highlighting plan basics. Charts and tables throughout the SPD provide information and highlights of plan provisions, including an Account Features chart on pages Key Terms contains definitions of many words and terms used in this SPD. If you see a term that is unfamiliar, refer to this section at the end of the SPD. *References in this SPD to "the company" refer to Exxon Mobil Corporation and/or a participating affiliate, as the case may be.

4 page 3 Plan at a Glance Participating in the Savings Plan Because there is no service requirement for regular employees, you are eligible to participate as soon as you join the company. See page 4. Your Contributions and the Company Match You can save from 6% to 20% of your pay on a before-tax basis, an after-tax basis or a combination of both. You receive a company match of 7% of pay on the first 6% of pay you contribute via payroll deduction. Investment Options You have a choice of seven investments with varying investment objectives and degrees of risk in which to invest your. See page 15. Investment Considerations It is important that you read this section before making your investment decisions. See page 21. Accessing Your Money You may receive a dividend payment in cash for dividends on ExxonMobil stock. You may borrow from the Savings Plan while you are still employed. In certain circumstances, you may withdraw money from your account. You (or your beneficiary) are eligible to receive a distribution from the Savings Plan upon your retirement, death or termination of employment. See page 29. Tax Considerations. The tax rules are complex it is important to seek advice from a tax professional before making a conversion, withdrawal, deferral or distribution decision. See page 41. Administrative and ERISA The Savings Plan is subject to rules of the federal government, including the Employee Retirement Income Security Act (ERISA). See page 47. Key Terms The Key Terms section contains an alphabetized list of key words and phrases, with their definitions, used in this SPD. See page 55. The Savings Plan Web site at and the Savings Telephone Service (STS) at are available for account information and transactions.

5 About the Savings Plan Participating in the Savings Plan - Eligibility - Enrollment - Beneficiary Designation - Management of the Savings Plan Your Contributions and the Company Match Investment Options Investment Considerations Participating in the Savings Plan Q. When can I participate in the Savings Plan? A. In general, you are eligible to participate upon employment or at any time while employed. If you are a non-regular employee, you must complete one year of service before you can enroll and begin contributing. Participation in the Savings Plan is completely voluntary. Eligibility Most U.S. dollar-paid employees of Exxon Mobil Corporation and participating affiliates are eligible for this plan. See the definition of Eligible Employee on page 57 of the Key Terms section. Enrollment Implementing Investment Decisions Changing How Your Money Is Invested Accessing Your Money Loans Withdrawals Distributions Tax Considerations Administrative and ERISA Securities and Exchange Commission (SEC) Key Terms Features Your participation in the Savings Plan will start on the first day of the pay period after you complete the enrollment process. An enrollment package will be sent to you when you are first eligible to participate. Beneficiary Designation Standard Beneficiary Designation A beneficiary is the person or persons who will receive your account in the event of your death. If you have not named a beneficiary and you die while you are a participant, your will be paid to the first of the following who survive you, according to the standard beneficiary designation: Your spouse. Your children and the children of a child who died before you. Your parents. Your brothers, sisters and the children of a brother or sister who died before you. The executors or administrators of your estate. For purposes of the standard beneficiary designation, your child, parent, brother or sister include only someone who is your legitimate blood relative or whose relationship with you is established by virtue of legal adoption. Who Worked for Mobil Corporation

6 Who Worked for Paxon or AES Who Worked for XTO page 5 Special Beneficiary Designation If the standard beneficiary list does not meet your needs, you may name a beneficiary to receive your plan benefits. If you marry, any prior beneficiary designation will be canceled. If you are married and want to name a beneficiary other than your spouse, your spouse must agree to that designation in writing. If your spouse does not consent, the above standard beneficiary designation will apply. To name a different beneficiary, use EDA available on ExxonMobil Me, the Human Resources intranent site. Also, beneficiary designation forms and instructions are available on the Savings Plan Web site at or on the ExxonMobil Benefits Web at If you are a retiree, die before your entire account is distributed, and your surviving spouse is your beneficiary, he or she assumes the account and will have an opportunity to designate a beneficiary. If a surviving spouse beneficiary has not named a beneficiary and dies before the entire account is distributed, the account will be paid to his or her estate. Certain SeaRiver Maritime and Former Fuels Marketing Savings Plan Participants Additional protection for surviving spouses may apply to a portion of your Savings Plan Account if you do not name your spouse as your primary beneficiary. Management of the Savings Plan The Savings Plan Trustee (a group of individual trustees employed by the company), the Administrator-Finance, the Administrator-Accounting, and the Administrator- Benefits are responsible for the management of the Savings Plan (see pages 47-48). The Savings Plan Web site at and the Savings Telephone Service (STS) at are available for account information and transactions.

7 About the Savings Plan Participating in the Savings Plan Your Contributions and the Company Match Investment Options Q. What makes up my? A. You can have up to seven accounts in the Savings Plan. These are referred to collectively as your. Your Savings Plan Account is made up of your four non-roth accounts and your three Roth accounts. The general contents of the non-roth accounts in the Savings Plan are as follows: Investment Considerations Implementing Investment Decisions Changing How Your Money Is Invested Accessing Your Money Loans Withdrawals Distributions The Before-Tax Account contains employee before-tax contributions (including non-roth catch-up contributions) and any earnings on those contributions. The After-Tax Account contains 1987-and-later employee after-tax contributions and any earnings on those contributions. The General Account contains the company match, any pre-2007 company match that was not directed to the Stock Match Account, rollover contributions from non-roth accounts in other eligible plans, and any earnings on the match and/or contributions. The Stock Match Account contains the company match provided in the form of ExxonMobil stock and any earnings on that stock. There are no new contributions to the Stock Match Account after December 31, The general contents of the Roth accounts in the Savings Plan are as follows: Tax Considerations Administrative and ERISA Securities and Exchange Commission (SEC) Key Terms The Roth 401(k) Account contains employee Roth 401(k) contributions (including Roth catch-up contributions) and any earnings on those contributions. The Roth Rollover Account contains rollover contributions from Roth accounts in other eligible plans (such as from former employers) and any earnings on those contributions. The Roth Conversion Account contains assets you elect to convert from existing non-roth accounts in the Savings Plan and any earnings on the converted amounts. Features Who Worked for Mobil Corporation Who Worked for Paxon or AES Who Worked for XTO

8 page 7 These accounts also contain funds from the former Exxon, Mobil, Paxon, AES, and XTO savings plans. The chart below illustrates each account and its entire contents. Account Before-Tax Account After-Tax Account General Account Stock Match Account Roth 401(k) Account Roth Rollover Account Roth Conversion Account Contents Employee before-tax contributions, including non-roth catch-up contributions Additional funds Mobil company contributions equal to 1% of eligible compensation for certain employees participating on 12/31/68 Mobil company contributions up to 2% of base pay for certain participants made between 2/1/90 and 12/31/98 Earnings Post-1986 employee after-tax contributions, including special contributions Additional funds After-tax employee contributions from Mobil ESOP terminated in 1988 Earnings Company match Rollover contributions from non-roth accounts in other eligible plans Additional funds Pre-1987 after-tax contributions Pre-2/1/90 Mobil company contributions Earnings Company match provided in the form of stock prior to December 31, 2006 Additional funds Stock from the former ExxonMobil Direct Dividend Account (DDA) Post-1/31/90 Mobil company ESOP contributions Earnings Employee Roth 401(k) contributions, including Roth catch-up contributions Earnings Rollover contributions from Roth accounts in other eligible plans Earnings Assets you elect to convert from existing Savings Plan non-roth accounts Earnings The Savings Plan Web site at and the Savings Telephone Service (STS) at are available for account information and transactions.

9 About the Savings Plan Participating in the Savings Plan Your Contributions and the Company Match - Deciding How Much You Want to Contribute - Before-Tax vs. After-Tax Contributions - The Company Match - How You Become Vested - Changing Your Payroll Contributions and Company Match - Suspending Your Payroll Contributions - Limits on Contributions - In-Plan Roth Conversions Investment Options Investment Considerations Implementing Investment Decisions Changing How Your Money Is Invested Accessing Your Money Loans Your Contributions and the Company Match Q. When I enroll in the Savings Plan, what decisions do I need to make? A. There are three primary decisions you must make when you enroll in the Savings Plan: 1. How much do you want to contribute? 2. Do you want to make before-tax contributions, regular after-tax contributions, and/or Roth 401(k) contributions which are also made on an after-tax basis? 3. How do you want to invest your contributions and the company match? Additional investment decision information is described later in this SPD beginning on page 21. Deciding How Much You Want to Contribute The Savings Plan is voluntary. You decide whether you want your contributions to be made on a before-tax and/or an after-tax basis. Listed below are the types of contributions that you may make to the Savings Plan. There are certain limitations on these contributions that may apply to you (see page 14). To participate, you must contribute a minimum of 6% of your pay to the Savings Plan by payroll deduction. This is called your minimum contribution. The company matches only your minimum contribution with 7% of your pay. Beyond your minimum contribution, you may make additional contributions by payroll deduction in 1% increments, for a combined total up to 20% of pay. You also may make contributions to your After-Tax Account other than through payroll deductions. These are called After-Tax Account special contributions and are made by check. Participants who are age 50 or older in a given calendar year and who maximize their before-tax contributions and/or Roth 401(k) contributions may make catch-up contributions to the Before-Tax and/or Roth 401(k) Accounts. Withdrawals Distributions Tax Considerations Administrative and ERISA Securities and Exchange Commission (SEC)

10 Key Terms page 9 Features Who Worked for Mobil Corporation Rollovers Participants may make rollover contributions directly from another eligible plan into the Savings Plan. An eligible plan includes: Who Worked for Paxon or AES Who Worked for XTO A tax qualified plan such as a 401(k) plan, profit-sharing plan, and a defined benefit plan. A section 403(a) annuity plan. A section 403(b) tax-sheltered annuity. An eligible 457(b) plan maintained by a government employer. The Savings Plan is Tax-Qualified The Savings Plan is qualified under the Internal Revenue Code. This provides a valuable benefit by allowing deferral of taxes on before-tax contributions, the company match and any earnings in your. The earnings in your Roth accounts may even be exempt from tax. Rollovers are accepted only in the form of cash from other eligible plans. After-tax contributions (other than after-tax amounts in Roth accounts) and amounts held in Individual Retirement Accounts (IRAs) are not eligible for rollover into the Savings Plan. By law, there are strict time limits and rules applicable to rollover contributions. Some things to consider: Rollover contributions are placed in your General Account or Roth Rollover Account, depending on the type of account from which the funds are being rolled. Rollover contributions are fully vested immediately upon acceptance into the Savings Plan. Rollover contributions are not eligible for withdrawal once in the Savings Plan. If you have worked for another employer and have eligible plan savings, you may roll over the tax-deferred funds from non-roth accounts into the General Account in the Savings Plan. Funds from a Roth account in an eligible plan with a previous employer may be rolled over into the Roth Rollover Account. This gives you the ability to consolidate more of your retirement savings into the Savings Plan.

11 page 10 Before-Tax vs. After-Tax Contributions When you make before-tax contributions, your taxable income is reduced and, as a result, you pay less taxes in that year. Example: Suppose your annual pay is $50,000 and you contribute 6% of your pay or $3,000. This example shows a comparison of making before-tax contributions v. after-tax contributions (regular after-tax contributions or Roth 401(k) contributions). Before-Tax Contributions After-Tax Contributions Annual pay $50,000 $50,000 Before-tax contributions -$3,000-0 Taxable income $47,000 $50,000 Taxes* - $7,050 -$7,500 After-tax contributions - 0 -$3,000 After-tax pay $39,950 $39,500 Current tax savings $450 *"Taxes" for this example assumes a simple, flat federal income tax rate of 15% and do not include state or local taxes. Your tax savings will depend on your personal financial situation. As the example above shows, you contribute the same amount (in this example, $3,000) whether you make before-tax or after-tax contributions. But contributing before-tax dollars reduces your current federal income taxes by $450. Before-tax contributions do not reduce your current Social Security or Medicare taxes. Remember: these taxes are only deferred. When you receive a withdrawal or distribution of your tax-deferred contributions or earnings, they generally will be subject to taxes. A discussion of additional tax considerations begins on page 41. While contributions to the Before-Tax Account may provide current tax advantages, you cannot make withdrawals from your Before-Tax Account other than hardship withdrawals. Roth 401(k) Account and Before-Tax Account contributions are eligible for the same withdrawal rights. Contributions to the After-Tax Account, however, are eligible for withdrawals. Withdrawals are discussed beginning on page 34. Regular after-tax contributions v. Roth 401(k) contributions Your can be greater if you make Roth 401(k) contributions rather than regular after-tax contributions.

12 page 11 Example: Assume that the after-tax contributions for the one year in the example above grows at a constant rate of 5%. After 20 years, the amount in your account (after taxes) will be greater if you had made Roth 401(k) contributions because, in the case of a qualified distribution, earnings on these contributions are exempt from federal income tax. If the Roth 401(k) contributions are distributed in a non-qualified distribution, then the total amount (after taxes) will be the same as that for the regular after-tax contributions. Reg. After Tax Contributions Roth 401(k) Contributions^ Annual pay $50,000 $50,000 Before-tax contributions Taxable income $50,000 $50,000 Taxes* - $7,500 -$7,500 After-tax contributions -$3,000 -$3,000 After-tax pay $39,500 $39,500 Amount after 20 years (@ 5% growth) $7,960 $7,960 Less: amount already taxed - $3,000 - $3,000 Less: amount exempted from tax - 0 -$4,960 Taxable amount $4,960 0 Taxes* $744 0 Total amount (after-tax) $7,216 $7,960 *"Taxes" for this example assumes a simple, flat federal income tax rate of 15% and do not include state or local taxes. Your tax savings will depend on your personal financial situation. ^Assumes a qualified distribution. Before-tax contributions v. Roth 401(k) contributions Change in your personal tax rate over time can impact the amount you ultimately receive from the Savings Plan in retirement. Example: Assume you have $10,000 to invest for one year. $8,500 is the equivalent of $10,000 on an after-tax basis after a 15% tax rate is applied. What is the value of this one year of contributions at the end of 20 years after taking into account taxes at distribution? Consider the following three scenarios: 1) If your tax rate at time of your contribution is the SAME as your tax rate at time you receive a distribution (for example, at retirement), the after-tax value of both types of contributions will be exactly the same.

13 page 12 Before-Tax Contributions Roth 401(k) Contributions^ Contributions for the year (15% tax rate) Amount after 20 years 5% growth) $10,000 $8,500 $26,533 $22,553 Taxes (15% tax rate) $3,980 - Total after-tax value at distribution $22,553 $22,553 2) If your income tax rate at time of distribution is HIGHER than your income tax rate at time of contribution, the Roth 401(k) contribution will result in a higher after-tax balance. Before-Tax Contributions Roth 401(k) Contributions^ Contributions for the year (15% tax rate) Amount after 20 years (@ 5% growth) $10,000 $8,500 $26,533 $22,553 Taxes (20% tax rate) $5,307 - Total after-tax value at distribution $21,226 $22,553 3) If your income tax rate at time of distribution is LOWER than your income tax rate at time of contribution, the before-tax contribution will result in a higher after-tax balance. Before-Tax Contributions Roth 401(k) Contributions^ Contributions for the year (15% tax rate) Amount after 20 years (@ 5% growth) $10,000 $8,500 $26,533 $22,553 Taxes (10% tax rate) $2,653 - Total after-tax value at distribution $23,880 $22,553 ^Assumes a qualified distribution. You may also be eligible to receive an income tax credit for making contributions to the Savings Plan, if your adjusted gross income does not exceed certain limits which are adjusted annually for inflation. For 2012, these limits are $28,750 for single filers, $43,125 for heads of household, and $57,500 for married persons filing jointly. For 2013, these limits are $29,500 for single filers, $44,250 for heads of household, and $59,000 for married persons filing jointly. The amount of the credit ranges from 10% to 50% of your contribution, up to the first $2,000 of your annual contribution amount.

14 page 13 The Company Match When you make at least the minimum contribution of 6% of pay, you automatically receive a company match of 7% of pay. How You Become Vested Vesting means ownership. When you leave the company, you are entitled to receive a distribution of the vested portion of your : Your contributions and any earnings You always are vested in your own contributions to the Savings Plan and in any investment earnings in your. Company match As an employee, you vest in the company match upon the earliest of the following events: Completion of three years of vesting service (Vesting service is defined in Key Terms on page 60). Reaching age 65. Your death. If you leave the company before you are vested, you forfeit (lose) the company match in your General and Stock Match Accounts, but not the earnings on the company match. Changing Your Payroll Contributions and Company Match You may change the percent of your payroll contributions at any time. Any change in how you direct your contributions and company match will be effective at the beginning of the next full payroll period after your request is processed. There is no limit on how often you may make such changes. Suspending Your Payroll Contributions You may suspend your payroll contributions at any time. However, you will not be able to make payroll contributions again for six months. Your payroll contributions also may be suspended as a penalty for making certain withdrawals. While your contributions are suspended, no company match is made to your General Account.

15 page 14 Limits on Contributions Federal law and Savings Plan provisions limit the amounts you and the company can contribute annually to the Savings Plan. These limits may be adjusted periodically. The following summarizes these limitations for 2013: Percentage-of-Pay and Dollar Limits Your contributions plus the company's contributions during a calendar year cannot exceed the lesser of 27% of your pay or $51,000. Both of these limits exclude catch-up contributions. Before-Tax Contributions Limit The total of your before-tax contributions plus Roth 401(k) contributions are limited to $17,500. Catch-up Contributions Limit The total of your catch-up contributions (to the Before-Tax Account and the Roth 401(k) Account) are limited to $5,500. Further Limits Federal law further limits the amount that may be contributed (and the company can match) to the s of certain higherpaid employees. If you are affected, you will be notified. Limits for years after 2013 may be found on the Savings Plan Web site located at In-Plan Roth Conversions Once a year, you may also convert amounts in your non-roth accounts into the Roth Conversion Account. Generally, you can only convert amounts in existing non-roth accounts in which you are fully vested and amounts which, if distributed, can be rolled over to an IRA. Employees younger than 59½ can convert a portion or all of the balance in their After-Tax, General, and Stock Match Accounts to the Roth Conversion Account. However, funds in the Before-Tax Account cannot be converted. Employees 59½ or older can convert a portion or all of the balance in their to the Roth Conversion Account. Retirees and terminees can convert a portion or all of the balance in their to the Roth Conversion Account. You can see the maximum amount available for you to convert on the ExxonMobil Savings Plan Web site at The decision to make an in-plan Roth conversion is extremely complex and should take into consideration your individual tax and financial circumstances. You should consult your financial and tax advisors if you are thinking about making an in-plan conversion. Please see page 44 for important tax considerations for in-plan conversions. The Savings Plan Web site at and the Savings Telephone Service (STS) at are available for account information and transactions.

16 About the Savings Plan Participating in the Savings Plan Investment Options Q. What are my investment choices? A. The Savings Plan offers the following investment options: Your Contributions and the Company Match Investment Options - Common Assets - General About Indexed Funds - Equity Units - Extended Market Units - International Equity Units - Bond Units - Balanced Fund Units - ExxonMobil Stock - Additional Investment Considerations Implementing Investment Decisions Changing How Your Money Is Invested Accessing Your Money Loans Withdrawals Distributions Tax Considerations Administrative and ERISA Securities and Exchange Commission (SEC) Common Assets Equity Units Extended Market Units International Equity Units Bond Units Balanced Fund Units ExxonMobil Stock It is important to read the information in this section as well as the section on Investment Considerations beginning on page 21, so that you can understand the potential risks of all the investment options. A description of each investment option in the Savings Plan is provided over the next several pages. Common Assets The Common Assets fund is a short- to medium-term fixed income fund managed by an ExxonMobil subsidiary in accordance with standards set by the Trustee. The subsidiary targets a weighted average portfolio maturity of approximately one year. This average maturity is longer than that of money market funds, which are restricted to weighted average maturities of 60 days or less, but shorter than Bond Units, which have an average maturity of approximately seven years. Investments in the fund are made in high quality fixed income securities, primarily consisting of U.S. government issued Series I (inflation adjusted) and Series EE (fixed rate) Savings Bonds. Other holdings include U.S. government agency securities, corporate /bank securities, and other high quality obligations. A portion of the Common Assets fund is invested in loans to participants. U.S. Savings Bonds are backed by the full faith and credit of the U.S. government. Series I Savings Bonds pay a rate of interest based on the rate of inflation in the United States. A decline in the rate of inflation would reduce the portfolio yield. U.S. Savings Bonds have stated maturities of 30 years but can be redeemed after a 1 year holding period. They are considered as 1-year investments by the fund. Key Terms

17 Features Who Worked for Mobil Corporation Who Worked for Paxon or AES Who Worked for XTO page 16 The fund also invests in securities issued by a variety of U.S. government agencies which are not backed by the full faith and credit of the U.S. Government, but have credit risk that is considered to be low. These securities include, among others, the Federal National Mortgage Association (FNMA), the Federal Home Loan Mortgage Corporation (FHLMC), and the Federal Home Loan Banks (FHLBs). The Common Assets fund is managed with a target of maintaining a constant $1.00 per unit price. Although the Common Assets fund has maintained a constant unit price since its inception (and is thus considered a relatively conservative investment choice), there can be no assurance that it will always be able to do so (meaning you could lose money). The underlying assets in participants accounts are valued on the basis of cost rather than market value, which means the asset value does not include unrealized gains and losses. Any investment earnings on Common Assets are posted to participants Savings Plan Accounts as of the end of each quarter and are reinvested in Common Assets. Earnings on Common Assets include accrued income and realized gains and losses. These earnings are shared proportionally by participants based on the average daily Common Assets balance in their s during that quarter. Common Assets investments are made as soon as practical after funds are available. All expenses of managing Common Assets are borne by the company except for certain investment management fees of approximately 0.01% that are borne by the fund. By writing to the Savings Plan Administrator (see page 47), you may request a list of the assets that make up the Common Assets fund. General About Indexed Funds About Northern Trust Investments (NT) and The Savings Plan Northern Trust Investments has responsibility for managing five of the Savings Plan's seven investment options Equity Units, Extended Market Units, International Equity Units, Bond Units and Balanced Fund Units. Northern Trust Investments is a wholly owned subsidiary of Northern Trust Company. Determining Unit Values The value of the units in each fund varies with changes in the market value of the underlying net assets. The investment manager determines the value of each unit daily by dividing the market value of the net assets in the portfolio by the number of outstanding units. Any earnings, dividends, other income, investment management fees, or changes in the market value of each asset are reflected in the daily unit value.

18 page 17 Indexed Investing Equity Units, Extended Market Units, International Equity Units, Bond Units and Balanced Fund Units are all "indexed" investments. Indexing is a commonly used investment strategy in which the investment manager seeks to closely approximate the performance of a market index, such as the Standard & Poor's 500 Index (S&P 500). Indexed investments have advantages such as clear investment strategy, automatic diversification and low fees. When a fund is indexed, the investment manager generally exercises little subjective judgment in choosing securities since, in order to mirror the performance of the index, the manager must invest in the securities that constitute the index largely in proportion to their weight. Indexing provides automatic diversification because your money is spread over a large number of individual securities, so it is not as impacted by the performance of any one security. For funds based on indices with thousands of securities, the manager may choose to use a sampling or an optimization process to design a portfolio that has similar characteristics to the index but not holding every security as a means of controlling transaction costs. This practice is used for Extended Market Units, International Equity Units, Bond Units and Balanced Fund Units. In contrast, funds that are not indexed usually are managed actively. In an actively managed fund, the investment manager has wide discretion as to which securities to purchase and sell and may follow any number of investment strategies in an effort to "beat the market." However, studies have shown that, on average, actively managed funds do not outperform indexed funds. Fees tend to be lower for indexed funds because they have lower research and transactions costs. Making Investments Investments by the indexed funds are made as soon as practical after monies are available. Although each of the underlying funds seeks to remain fully invested consistent with their target index, part of the funds may be kept in cash to provide necessary liquidity for next-day settlements. The funds may hold futures contracts to approximate movements of the funds' target indices, but the funds will not engage in speculative futures transactions. The funds also participate in securities lending in order to reduce fund expenses. Fund Fees and Expenses NT selects brokers on the basis of best net execution. Any fees, associated charges or brokerage commissions in connection with the administration of the funds are charged against the assets of the funds. In addition, NT receives a monthly investment management fee which is computed as a percentage of fund net assets. A summary of the fee and expense information for the indexed funds is provided below: Fund Investment Management Fee Administrative Fees Total Equity Units 0.01% 0.01% 0.02% Extended Market 0.01% 0.02% 0.03% Units International Equity 0.03%* 0.05% 0.08%* Units Bond Units 0.01% 0.02% 0.03% Balanced Fund Units 0.01%* 0.02% 0.03%*

19 page 18 Effective January 1, 2013, fees for the Bond and International Equity Units will be as follows: Fund Investment Management Fee Administrative Fees Total International Equity 0.03%* 0.03% 0.06%* Units Bond Units 0.01% 0.01%* 0.02%* *Percentages are rounded to the nearest 1/100 of a percent. You have the right to know of any operating expenses that reduce the rate of return and the total amount of these expenses, expressed as a percentage of average net assets. These have been described in this SPD. If any additional expenses occur, you will be advised. Equity Units Equity Units represent an interest in a fund managed to closely approximate the total rate of return and characteristics of the Standard & Poor's 500 Index (S&P 500). This index is composed of 500 mostly large-capitalization stocks weighted by market value. The index currently represents about 80% of the market value of all publicly traded U.S. common stocks. To pursue its goal of closely approximating the performance of the S&P 500, NT invests the fund's assets in a broadly diversified portfolio consisting largely of the 500 stocks represented in the actual S&P 500. The S&P 500 excludes non-u.s. stocks. Extended Market Units Extended Market Units represent an interest in a fund managed to closely approximate the total rate of return and characteristics of the Dow Jones U.S. Completion Total Stock Market Index. This index is composed of approximately 3000 U.S. stocks not included in the S&P 500, weighted by market value. The index currently represents about 20% of the market value of all publicly traded U.S. common stocks and is commonly used to represent the small cap segment of the U.S. market. To pursue its goal of closely approximating the performance of the index, NT invests the fund's assets in a broadly diversified portfolio consisting largely of the stocks represented in the actual index. International Equity Units International Equity Units represent an interest in an index fund that invests in approximately 3,500 international equity securities composing approximately the top 99% of the market capitalization in 23 developed countries outside North America. The fund is managed to closely approximate the total rate of return and characteristics of the MSCI World Excluding U.S. Investable Market Index. The index is commonly used to represent the non-u.s. equity developed markets and includes all traded stocks that are available to be owned by foreign investors in these countries. To pursue its goal of closely approximating the performance of the index, NT invests the fund's assets in a broadly diversified portfolio consisting largely of the stocks represented in the actual index.

20 page 19 Bond Units Bond Units represent an interest in an index fund based on a broad range of publicly traded, investment grade U.S. bonds. This fund is composed of a portfolio of bonds representative of the overall U.S. bond and debt market and managed to closely approximate the total rate of return and characteristics of the Barclays U.S. Aggregate Bond Index. This broad index tracks approximately 8,000 publicly traded, investment grade, U.S. fixed income securities covering the Treasury, Agency, Mortgage-backed, Asset-backed, Commercial Mortgage-backed and Corporate sectors of the U.S. Bond Market. Since this index represents short, medium and long-term bonds, the average maturity is longer than that of investments held in the Common Assets fund. For comparison purposes, the average maturity of bonds in this fund is approximately seven years, while in Common Assets, it is approximately one year. To pursue its goal of closely approximating the performance of the index, NT invests the fund's assets in a broadly diversified portfolio consisting largely of the bonds represented in the actual index. Balanced Fund Units Balanced Fund Units are designed to generate returns from both income and growth for the investor through a broadly diversified investment in domestic and international stocks and U.S. bonds. Specifically, each Balanced Fund Unit represents an interest in a portfolio (the "Balanced Fund Portfolio") invested in the following proportions in the four indexed funds indicated in the chart below: % of Balanced Fund Portfolio Savings Plan Investment Asset Class 35% Equity Units U.S. large-capitalization stocks 15% Extended Market Units U.S. small- to mid-capitalization stocks 25% International Equity Units International stocks 25% Bond Units U.S. fixed income securities 100% Each of the underlying investments making up the Balanced Fund Portfolio is separately available as an investment option in the Savings Plan. In order to maintain the fund's proportion in the four indexed funds, NT reviews the value of the four funds that make up the Balanced Fund Portfolio on a monthly basis and, if needed, adjusts their allocation back to the approximate proportions indicated above. Your investment in Balanced Fund Units is actually an investment in the other four index funds in the Savings Plan, which together represent a broadly diversified investment.

21 page 20 ExxonMobil Stock When you buy Exxon Mobil Corporation Common Stock (ExxonMobil stock), you become an ExxonMobil shareholder and an owner of the company. Any dividends on shares of stock in your are credited as of the dividend payment date. These dividends are reinvested automatically in ExxonMobil stock unless you elect to have the dividends paid to you directly in cash (see page 30). Remember, investing in a single security typically carries higher potential risk than investing in a variety of securities (e.g., stocks and bonds). Be sure to consider balancing your portfolio with the other investments in the Savings Plan. Participants purchase and sell orders may be offset against each other and the net number of shares may be purchased or sold in separate transactions or as a pooled transaction. This results in lower transaction costs for trades involving ExxonMobil stock. Such purchases and sales may be made in the open market, in privately negotiated transactions, or from/to Exxon Mobil Corporation to the extent it elects to sell or purchase such shares. Prices for open market or private transactions reflect market pricing. Prices for purchases cannot exceed, and prices for sales cannot be below, the then-current market value of the shares. The price of any purchase from or sale to Exxon Mobil Corporation is the volume-weighted average price per share of ExxonMobil stock on the New York Stock Exchange (NYSE) composite tape on the transaction day. Brokerage commissions or other fees incurred on purchases or sales of ExxonMobil stock made in the open market are included as a part of the cost of the purchase or sale transaction. Brokers are selected on the basis of execution ability. No brokerage commissions are paid on shares purchased from or sold to Exxon Mobil Corporation. While investment instructions are executed promptly, purchases and sales may be executed over a period of days depending on market conditions and any legal restrictions. As an owner of ExxonMobil stock, you may direct how your shares are voted. You will receive copies of all reports, proxy statements and other materials distributed to ExxonMobil shareholders. regarding your assets, including shares of stock and how you vote them, is subject to confidentiality requirements for those who provide services to the Savings Plan. Additional Participants receive periodic reports on the performance of the Savings Plan's investment options. See page 49 for historical performance information for the three years through year-end To help you keep track of changes in your Savings Plan Account, you will automatically receive: Savings Plan confirmation statements after you make a transaction; and Periodic statements. You also will be notified of any significant changes to the Savings Plan. The Savings Plan Web site at and the Savings Telephone Service (STS) at are available for account information and transactions.

22 About the Savings Plan Participating in the Savings Plan Your Contributions and the Company Match Investment Options Investment Considerations - Key Investing Concepts - Discussion of Specific Investment Considerations Investment Considerations Q. Which investments are best for me? A. The answer depends on your investment objective and risk tolerance. All investments involve some risk. Failure to make an investment decision can be risky, too. For example, inflation will erode the purchasing power of your savings. By understanding the potential risks and returns for each of the Savings Plan s investment options and what your own short-term and long-term investment goals are you can begin to make important investment decisions that will be right for you. Answering the questions below will help you make decisions about which Savings Plan investment options to choose: Implementing Investment Decisions Changing How Your Money Is Invested Accessing Your Money Loans How conservative or aggressive an investor are you? Are you comfortable holding riskier assets, which may fluctuate more in the short term, to try to achieve higher long-term returns? Would you rather try to minimize short term risk? What is your investment time horizon? Are you just beginning to save for retirement or are you nearing retirement now? Do you want to diversify your investments to minimize the potential risk associated with any one investment option? Withdrawals Distributions Tax Considerations Administrative and ERISA Securities and Exchange Commission (SEC) Key Terms Features All of the investment options in the Savings Plan entail some risk the value of your assets can decline. Remember that past performance of any investment option is not a guarantee, nor is it necessarily indicative, of future returns. Key Investing Concepts Time Horizon If you have a longer investment time horizon (time until you need to use your money), you may be willing to tolerate a greater level of risk, typically associated with equitybased investments, in the expectation that you will have better investment results over the long run. But, if you have a shorter investment time horizon, year-to-year stability of returns associated with lower-risk investments such as fixed-income securities (e.g. Common Assets or Bond Units) may fit your needs better. Who Worked for Mobil Corporation Who Worked for Paxon or AES

23 Who Worked for XTO page 22 Diversification To help achieve long-term retirement security, you should give careful consideration to the benefits of a well-balanced and diversified investment portfolio. Spreading your assets among different types of investments can help you achieve a favorable rate of return, while minimizing your overall risk of losing money. This is because market or other economic conditions that cause one category of assets, or one particular security, to perform very well often cause another asset category, or another particular security, to perform poorly. If you invest more than 20% of your retirement savings in any one company or industry, your savings may not be properly diversified. Your savings may not be properly diversified even if you have 20% or less of your retirement savings invested in one company or industry, including Exxon Mobil Corporation, depending on your particular circumstances. Although diversification is not a guarantee against loss, it is an effective strategy to help you manage investment risk. In deciding how to invest your retirement savings, you should take into account all of your assets, including any retirement savings outside of the Savings Plan. You should also consider, for example, that any S&P 500 indexed investment option, such as Equity Units, is very likely to invest in Exxon Mobil Corporation. No single approach is right for everyone because, among other factors, individuals have different financial goals, different time horizons for meeting their goals, and different tolerances for risk. It is also important to periodically review your investment portfolio, your investment objectives, and the investment options under the Savings Plan to help ensure that your retirement savings will meet your retirement goals. Dollar Cost Averaging You may wish to invest a regular amount on a periodic basis instead of investing one lump-sum amount. This tends to average out the cost of investing and avoids possibly making one investment at the most expensive point during a market cycle. This is known as "dollar cost averaging" and you do this automatically with payroll deductions for your contributions and the company match. Market Risk This represents the potential for fluctuation in the amount of return on your investment or in the value of your investment. It is important to know that all of the investment options involve risk. While some investments have historically fluctuated more than others (i.e. they have a higher risk), you could lose money by investing in any of the funds. Generally, an investment with a higher expected rate of long-term return also will have a higher risk.

24 page 23 Discussion of Specific Investment Considerations The following points highlight some specific risks and investment considerations that apply to each investment option in the Savings Plan. While some investment options are generally considered more conservative (less risky) than others, all involve some degree of risk that your investment could lose value or that your rate of return could decline. Common Assets Because the Common Assets fund is invested solely in short to medium term fixed-income securities, its return tends to fluctuate less widely than the returns on long term bonds or equity-based investments (see Equity-based Investment Options below for more information). Historically, Common Assets have not provided as high a level of return over longer periods as the other investment options. However, Common Assets have outperformed the equity-based investments during periods of declining stock market prices. Common Assets is a relatively conservative option for your portfolio based on risk and potential return. Bond Units Bonds in this fund have a longer average maturity than securities in the Common Assets fund, so the returns on Bond Units generally will fluctuate more than those on the Common Assets fund, though generally less than those on equity-based investments. Equity-based Investment Options Equity-based investments (i.e., stocks and funds composed primarily of stocks, such as Equity Units, Extended Market Units, International Equity Units and Balanced Fund Units) are subject to increased market risk. This is because common stock prices may decline significantly over short or even extended periods of time. Equity markets are volatile and cyclical. However, they have generally provided higher returns than either intermediate or long term government bonds over long periods of time. Equity Units and Extended Market Units These investments represent interests in broadly diversified domestic stock funds. The return of the smalland mid-capitalization stocks in the Extended Market Units fund generally have fluctuated more than those of the large-capitalization stocks in the Equity Units fund. International Equity Units This fund offers diversification outside the U.S. Its return may fluctuate independently of that of Equity Units or Extended Market Units and can be used to balance the risk of investing in U.S. stocks alone. Because this fund is subject to risk based on conditions in other parts of the world, including government actions and currency fluctuations, returns may vary more widely than that of Equity Units or Extended Market Units. Balanced Fund Units This fund is the most broadly diversified investment option because each unit represents an investment in a combination of Equity Units, Extended Market Units, International Equity Units, and Bond Units. This diversification may result in less fluctuation of returns over time than that of other stock-based investment options individually. However, during periods of strong stock market returns, the Balanced Fund Units may have lower returns than those of the all-stock investment options. ExxonMobil Stock With an investment in ExxonMobil stock, you have the potential risks and rewards of investing in a single stock. As a shareholder, the return on your investment depends on the performance of Exxon Mobil Corporation. It is therefore considered a non-diversified investment. Keep in mind that investing all your assets in any single stock typically carries higher risk than a more diversified portfolio of investments. See discussion on diversification on page 22. The Savings Plan Web site at and the Savings Telephone Service (STS) at are available for account information and transactions.

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

Thrift Savings Plan. Plan Overview. Investment Options. Contribution Limits. Withdrawal Options

Thrift Savings Plan. Plan Overview. Investment Options. Contribution Limits. Withdrawal Options Plan Overview Investment Options Contribution Limits Withdrawal Options (TSP) Contents Investment Options... Life Cycle Funds... TSP Contributions - Tax Treatment... Agency Contributions... Over 50 Catch-up

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 Thrift Plan Handbook... THRIFT PLAN. Thrift Plan for Retirees Table of Contents. Keys to having made the most of your savings:

Your Thrift Plan Handbook... THRIFT PLAN. Thrift Plan for Retirees Table of Contents. Keys to having made the most of your savings: Preset Mixes Table Your Thrift Plan Handbook... Keys to having made the most of your savings: THRIFT PLAN Be sure to choose a payment option To make the most of your benefits, meet with a Deseret Mutual

More information

Annual Disclosure of Plan Investment Information

Annual Disclosure of Plan Investment Information Annual Disclosure of Plan Investment Information The Boeing Company Voluntary Investment Plan August 30, 2014* *Revised January 1, 2015 Copyright 2015 Boeing. All rights reserved. 256743 2014-637 Introduction

More information

The 401(k) Savings Plan

The 401(k) Savings Plan The 401(k) Savings Plan Your Wealth Accumulation Program JPMorgan Chase offers a number of wealth accumulation plans that help you build income for your future. These plans include: The Retirement Plan

More information

THE EMPLOYEE INVESTMENT PROGRAM

THE EMPLOYEE INVESTMENT PROGRAM THE EMPLOYEE INVESTMENT PROGRAM The Employee Investment Program (EIP or Program) has two components: 1) The Employee Investment Plan Account governed by Internal Revenue Code Section 403(b) - the account

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

How To Understand The Liban 401(K) Retirement Plan

How To Understand The Liban 401(K) Retirement Plan LANS 401(k) Retirement Plan Summary Plan Description This Summary Plan Description (SPD) is intended to provide a summary of the principal features of the LANS 401(k) Retirement Plan ("Plan") and is not

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

Retire from work, not life..

Retire from work, not life.. Retire from work, not life.. Program Features and Highlights The South Carolina Deferred Compensation Program (Program) is a powerful tool to help you reach your retirement dreams. As a supplement to other

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

Wells Fargo & Company 401(k) Plan

Wells Fargo & Company 401(k) Plan Summary Plan Description Wells Fargo & Company 401(k) Plan October 1, 2013 This Summary Plan Description ( SPD ) summarizes the major features of the Wells Fargo & Company 401(k) Plan ( 401(k) Plan ).

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

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 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

SUMMARY REVIEW COLORADO COUNTY OFFICIALS AND EMPLOYEES RETIREMENT ASSOCIATION 457 DEFERRED COMPENSATION PLAN FOR THE

SUMMARY REVIEW COLORADO COUNTY OFFICIALS AND EMPLOYEES RETIREMENT ASSOCIATION 457 DEFERRED COMPENSATION PLAN FOR THE SUMMARY REVIEW FOR THE COLORADO COUNTY OFFICIALS AND EMPLOYEES RETIREMENT ASSOCIATION 457 DEFERRED COMPENSATION PLAN TABLE OF CONTENTS INTRODUCTION... i HIGHLIGHTS... 2 PARTICIPATION... 2 Eligibility to

More information

ALLOCATION STRATEGIES A, C, & I SHARES PROSPECTUS August 1, 2015

ALLOCATION STRATEGIES A, C, & I SHARES PROSPECTUS August 1, 2015 ALLOCATION STRATEGIES A, C, & I SHARES PROSPECTUS August 1, 2015 Investment Adviser: RidgeWorth Investments A Shares C Shares I Shares Aggressive Growth Allocation Strategy SLAAX CLVLX CVMGX Conservative

More information

Thrift and Investment Plan

Thrift and Investment Plan Thrift and Investment Plan ABOUT THE THRIFT AND INVESTMENT PLAN...3 WHO IS ELIGIBLE... 4 ENROLLMENT IN THE PLAN... 4 HOW TO CONTACT VANGUARD TO ACCESS YOUR ACCOUNT... 5 YOUR PLAN ACCOUNT... 6 PLAN CONTRIBUTIONS...

More information

The ExxonMobil Savings Plan Roth 401(k) Accounts

The ExxonMobil Savings Plan Roth 401(k) Accounts The ExxonMobil Savings Plan Roth 401(k) Accounts An opportunity to build tax-free retirement income. Who might benefit from a Roth 401(k)? Do you think your tax rate will be higher by the time you retire

More information

Thoroughbred Retirement Investment Plan

Thoroughbred Retirement Investment Plan Thoroughbred Retirement Investment Plan ABOUT THE THOROUGHBRED RETIREMENT INVESTMENT PLAN... 3 WHO IS ELIGIBLE... 3 ENROLLMENT IN THE PLAN... 4 5BCONTRIBUTIONS... 4 PRE-TAX AND ROTH CONTRIBUTIONS... 5

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 (the Plan). Below is a brief summary of the main features of the Plan. For more details,

More information

SUMMARY PLAN DESCRIPTION. STAPLES, INC. EMPLOYEES 401(k) SAVINGS PLAN

SUMMARY PLAN DESCRIPTION. STAPLES, INC. EMPLOYEES 401(k) SAVINGS PLAN SUMMARY PLAN DESCRIPTION STAPLES, INC. EMPLOYEES 401(k) SAVINGS PLAN Updated as of January 1, 2015 Important Note This booklet is called a Summary Plan Description ( SPD ) and is intended to provide a

More information

Participant Name (First) (Middle Initial) (Last) Social Security Number I.D. Number. Participant Address (Street) City State ZIP Code + 4

Participant Name (First) (Middle Initial) (Last) Social Security Number I.D. Number. Participant Address (Street) City State ZIP Code + 4 Mailing Address: Des Moines, IA 50392-0001 Principal Life Insurance Company Early Withdrawal of Benefits Without Guaranteed Accounts No Spousal Consent Needed CTD00603 Complete this form to withdraw part

More information

Earning for Today and Saving for Tomorrow. Retirement Savings Plan 401(k) inspiring possibilities

Earning for Today and Saving for Tomorrow. Retirement Savings Plan 401(k) inspiring possibilities Earning for Today and Saving for Tomorrow Retirement Savings Plan 401(k) inspiring possibilities Retirement Savings Plan 401(k) Advocate Health Care Network offers the Advocate Health Care Network Retirement

More information

The Summary Plan Description for the D&B 401(k) Plan

The Summary Plan Description for the D&B 401(k) Plan The Summary Plan Description for the D&B 401(k) Plan FINAL dated April 01, 2010 Table of Contents IMPORTANT INFORMATION... 1 HOW TO REACH YOUR 401(K) PLAN SERVICE PROVIDER... 2 ABOUT YOUR PARTICIPATION...

More information

How to Roll Your Money into the JPMorgan Chase 401(k) Savings Plan. Rollover Checklist

How to Roll Your Money into the JPMorgan Chase 401(k) Savings Plan. Rollover Checklist How to Roll Your Money into the JPMorgan Chase 401(k) Savings Plan In this packet, you will find information to help you roll over your individual retirement account (IRA) or qualified retirement savings

More information

DISTRIBUTION FROM A PLAN NOT SUBJECT TO QJSA

DISTRIBUTION FROM A PLAN NOT SUBJECT TO QJSA DISTRIBUTION FROM A PLAN NOT SUBJECT TO QJSA This form must be preceded by or accompanied by the Special Tax Notice Regarding Plan Payments [Code (402(f)) Notice] PLAN INFORMATION Name of Plan: PARTICIPANT

More information

P. O. Box 2069 Woburn, MA 01801-1721 (781) 938-6559 NOTICE TO PARTICIPANTS SEPARATED FROM SERVICE

P. O. Box 2069 Woburn, MA 01801-1721 (781) 938-6559 NOTICE TO PARTICIPANTS SEPARATED FROM SERVICE P. O. Box 2069 Woburn, MA 01801-1721 (781) 938-6559 NOTICE TO PARTICIPANTS SEPARATED FROM SERVICE Under the terms of the SBERA 401 (k) Plan, you may now elect to withdraw your total account balance. Your

More information

Basic Investment Education

Basic Investment Education Disclaimer: The information provided below is for information purposes only - it is not investment advice. If you have any questions about your own personal financial situation, you should consult with

More information

South Carolina Deferred Compensation Program Features and Highlights

South Carolina Deferred Compensation Program Features and Highlights Retire from work, not life.. South Carolina Deferred Compensation Program Features and Highlights The South Carolina Deferred Compensation Program is a powerful tool to help you reach your retirement dreams.

More information

SUMMARY PLAN DESCRIPTION NORTHERN CALIFORNIA CARPENTERS 401(K) PLAN

SUMMARY PLAN DESCRIPTION NORTHERN CALIFORNIA CARPENTERS 401(K) PLAN SUMMARY PLAN DESCRIPTION NORTHERN CALIFORNIA CARPENTERS 401(K) PLAN As of September 1, 2014 Important Note This booklet is called a Summary Plan Description ( SPD ) and is intended to provide a brief description

More information

Moss Adams Introduction to ESOPs

Moss Adams Introduction to ESOPs Moss Adams Introduction to ESOPs Looking for an exit strategy Have you considered an ESOP? Since 1984, we have performed over 2,000 Employee Stock Ownership Plan (ESOP) valuations for companies with as

More information

Please fax your response to MAS Benefits Compliance at (703) 907-6409 or email to pension.compliance@nreca.coop

Please fax your response to MAS Benefits Compliance at (703) 907-6409 or email to pension.compliance@nreca.coop IMPORTANT: Please fill out the Acknowledgment Form and return as indicated on the form. Thanks. System Name: 401(k) Pension Plan Summary Plan Descriptions (SPD) Distribution Acknowledgement System RUS#:

More information

Brown Advisory Strategic Bond Fund Class/Ticker: Institutional Shares / (Not Available for Sale)

Brown Advisory Strategic Bond Fund Class/Ticker: Institutional Shares / (Not Available for Sale) Summary Prospectus October 30, 2015 Brown Advisory Strategic Bond Fund Class/Ticker: Institutional Shares / (Not Available for Sale) Before you invest, you may want to review the Fund s Prospectus, which

More information

Table of Contents. The Thrift Savings Plan... 1 Establishing Your TSP Account... 2. Employee Contributions... 3

Table of Contents. The Thrift Savings Plan... 1 Establishing Your TSP Account... 2. Employee Contributions... 3 Table of Contents The Thrift Savings Plan... 1 Establishing Your Account... 2 The Contribution Election... 2 Employee Contributions... 3 Regular Employee Contributions... 3 Catch-Up Contributions... 3

More information

Contact Information. There are numerous sources of information about the Thrift Savings Plan (TSP). tsp.gov

Contact Information. There are numerous sources of information about the Thrift Savings Plan (TSP). tsp.gov Contact Information There are numerous sources of information about the Thrift Savings Plan (TSP). The most up-to-date information is on the TSP website. You can also obtain basic plan information from

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

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

Contact Information. There are numerous sources of information about the Thrift Savings Plan (TSP or Plan). tsp.gov

Contact Information. There are numerous sources of information about the Thrift Savings Plan (TSP or Plan). tsp.gov Contact Information There are numerous sources of information about the Thrift Savings Plan (TSP or Plan). The most up-to-date information about the Plan in general, and your account in particular, is

More information

Basic Investment Terms

Basic Investment Terms Because money doesn t come with instructions.sm Robert C. Eddy, CFP Margaret F. Eddy, CFP Matthew B. Showley, CFP Basic Investment Terms ANNUITY A financial product sold by financial institutions pay out

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

Unit Investment Trusts

Unit Investment Trusts a guide to Unit Investment Trusts A unit investment trust (UIT) is a registered investment company that buys and holds a generally fixed portfolio of stocks, bonds, or other securities. Table of Contents

More information

DELUXE CORPORATION 401(k) AND PROFIT SHARING PLAN SUMMARY PLAN DESCRIPTION

DELUXE CORPORATION 401(k) AND PROFIT SHARING PLAN SUMMARY PLAN DESCRIPTION DELUXE CORPORATION 401(k) AND PROFIT SHARING PLAN SUMMARY PLAN DESCRIPTION October 1, 2015 151027:0918 INFORMATION IN THIS SUMMARY INTRODUCTION... 1 WHY CONTRIBUTE TO THE PLAN?... 2 ELIGIBILITY... 2 Eligibility

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

401(k) Plans Life Advice

401(k) Plans Life Advice 401(k) Plans Life Advice A retirement tool provided through your employer Many Americans today are living longer, healthier lives, which could mean your finances may need to accommodate extra years of

More information

Important Information on Your Investment Options, Fees, and Other Expenses for the JPMorgan Chase 401(k) Savings Plan: Fee Disclosure Notice

Important Information on Your Investment Options, Fees, and Other Expenses for the JPMorgan Chase 401(k) Savings Plan: Fee Disclosure Notice November 2014 Important Information on Your Investment Options, Fees, and Other Expenses for the JPMorgan Chase 401(k) Savings Plan: Fee Disclosure Notice Important: This notice refers to the 401(k) Savings

More information

Mailing Address: Des Moines, IA 50392-0001

Mailing Address: Des Moines, IA 50392-0001 Mailing Address: Des Moines, IA 50392-0001 Principal Life Insurance Company Complete this form to withdraw part of the retirement account in cash while still employed. Participant/Spouse complete Sections

More information

Tax-smart ways to save and invest. TIAA-CREF Financial Essentials

Tax-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 information

JPMorgan Chase 401(k) Savings Plan Important Information About Rollovers

JPMorgan Chase 401(k) Savings Plan Important Information About Rollovers JPMorgan Chase 401(k) Savings Plan Important Information About Rollovers This flyer is designed to help you better understand rollover contributions to your JPMorgan Chase 401(k) Savings Plan account.

More information

Traditional and Roth IRAs. Invest for retirement with tax-advantaged accounts

Traditional and Roth IRAs. Invest for retirement with tax-advantaged accounts Traditional and Roth IRAs Invest for retirement with tax-advantaged accounts Your Retirement It is your ultimate reward for a lifetime of hard work and dedication. It is a time when you should have the

More information

Start investing in yourself today, with help from the. Optional Retirement Plan (ORP) and Fidelity.

Start investing in yourself today, with help from the. Optional Retirement Plan (ORP) and Fidelity. State of Maryland - Institutions of Higher Education Optional Retirement Plan (ORP) Plan No. 65575 Start investing in yourself today, with help from the State of Maryland - Institutions of Higher Education

More information

INSTRUCTIONS TO EMPLOYER. What to do when an active participant requests a hardship or other in-service withdrawal

INSTRUCTIONS TO EMPLOYER. What to do when an active participant requests a hardship or other in-service withdrawal INSTRUCTIONS TO EMPLOYER What to do when an active participant requests a hardship or other in-service withdrawal 1. Print the following withdrawal forms and give them to the participant. The required

More information

Benefits Handbook Date January 1, 2016. Marsh & McLennan Companies 401(k) Savings & Investment Plan

Benefits Handbook Date January 1, 2016. Marsh & McLennan Companies 401(k) Savings & Investment Plan Date January 1, 2016 Marsh & McLennan Companies 401(k) Savings & Investment Plan Marsh & McLennan Companies Marsh & McLennan Companies 401(k) Savings & Investment Plan The Marsh & McLennan Companies 401(k)

More information

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

Getting Started About the 401(k) plan. Who is eligible to enroll? What is a Roth 401(k) contribution? Why should I participate in the Program? The State of Tennessee 401(k) Deferred Compensation Program (your Program) is a supplemental retirement savings program that is designed to work with the Tennessee Consolidated Retirement System (TCRS)

More information

SUMMARY OF FEDERAL INCOME TAX RULES RELATING TO DISTRIBUTIONS FROM QUALIFIED RETIREMENT PLANS

SUMMARY OF FEDERAL INCOME TAX RULES RELATING TO DISTRIBUTIONS FROM QUALIFIED RETIREMENT PLANS SUMMARY OF FEDERAL INCOME TAX RULES RELATING TO DISTRIBUTIONS FROM QUALIFIED RETIREMENT PLANS BASED ON SAFE HARBOR NOTICE PER IRS NOTICE 2014-74 (Rev. November 2014) SPECIAL TAX NOTICE REGARDING PLAN PAYMENTS

More information

Barnes Group Inc. Retirement Savings Plan. Start investing in yourself today, with help from the Retirement Savings Plan and Fidelity.

Barnes Group Inc. Retirement Savings Plan. Start investing in yourself today, with help from the Retirement Savings Plan and Fidelity. Barnes Group Inc. Retirement Savings Plan Start investing in yourself today, with help from the Retirement Savings Plan and Fidelity. Invest some of what you earn today for what you plan to accomplish

More information

Prospectus Socially Responsible Funds

Prospectus Socially Responsible Funds Prospectus Socially Responsible Funds Calvert Social Investment Fund (CSIF) Balanced Portfolio Equity Portfolio Enhanced Equity Portfolio Bond Portfolio Money Market Portfolio Calvert Social Index Fund

More information

TAKE THE W HEE L. Retirement Savings Plan

TAKE THE W HEE L. Retirement Savings Plan TAKE THE W HEE L Retirement Savings Plan PG 1 The road to retirement is calling your name Retirement. For many people, it s a dream destination. But getting there can be a challenge. Financial experts

More information

How It Works. Additional Considerations. The basics: The ESOP is essentially a stock bonus plan in which employer stock may be used for contributions.

How It Works. Additional Considerations. The basics: The ESOP is essentially a stock bonus plan in which employer stock may be used for contributions. The basics: The ESOP is essentially a stock bonus plan in which employer stock may be used for contributions. How It Works Employer contributes company stock or cash to the plan. Employer contributions

More information

May 1, 2015 as amended June 1, 2015

May 1, 2015 as amended June 1, 2015 INSTITUTIONAL INVESTOR May 1, 2015 as amended June 1, 2015 DATE TARGET FUNDS MyDestination 2005 Fund MyDestination 2015 Fund MyDestination 2025 Fund MyDestination 2035 Fund MyDestination 2045 Fund MyDestination

More information

Bond Mutual Funds. a guide to. A bond mutual fund is an investment company. that pools money from shareholders and invests

Bond Mutual Funds. a guide to. A bond mutual fund is an investment company. that pools money from shareholders and invests a guide to Bond Mutual Funds A bond mutual fund is an investment company that pools money from shareholders and invests primarily in a diversified portfolio of bonds. Table of Contents What Is a Bond?...

More information

Table of Contents. The Thrift Savings Plan... 1 Establishing Your TSP Account... 2. Employee Contributions... 3

Table of Contents. The Thrift Savings Plan... 1 Establishing Your TSP Account... 2. Employee Contributions... 3 Table of Contents The Thrift Savings Plan... 1 Establishing Your TSP Account... 2 Contribution Election... 2 Employee Contributions... 3 Regular Employee Contributions... 3 Catch-Up Contributions... 3

More information

PERSI. It s Your Choice to Go Now, Go BIG! Plan Highlights. Learn about your PERSI Choice 401(k) Plan. Ready, Set, Go: the PERSI Base Plan.

PERSI. It s Your Choice to Go Now, Go BIG! Plan Highlights. Learn about your PERSI Choice 401(k) Plan. Ready, Set, Go: the PERSI Base Plan. PERSI PERSI Choice 401(k) Plan It s Your Choice to Go Now, Go BIG! Plan Highlights Learn about your PERSI Choice 401(k) Plan Ready, Set, Go: the PERSI Base Plan The PERSI Base Plan gets you into the game,

More information

Eagle Systems, Inc. Tax Deferred Savings Plan & Trust (EAG) DISTRIBUTION REQUEST FORM

Eagle Systems, Inc. Tax Deferred Savings Plan & Trust (EAG) DISTRIBUTION REQUEST FORM Participant Information Eagle Systems, Inc. Tax Deferred Savings Plan & Trust (EAG) DISTRIBUTION REQUEST FORM Name: SSN: Address: City: State: Zip: *Phone Number: *Email: Hours Worked YTD: Date of Birth:

More information

DENNY S 401(k) PLAN SUMMARY PLAN DESCRIPTION

DENNY S 401(k) PLAN SUMMARY PLAN DESCRIPTION DENNY S 401(k) PLAN SUMMARY PLAN DESCRIPTION Effective January 1, 2012 PLEASE READ THIS BOOKLET CAREFULLY AND KEEP FOR FUTURE REFERENCE INTRODUCTION Denny s Corporation (the Plan Sponsor ) sponsors the

More information

Retirement Balanced Fund

Retirement Balanced Fund SUMMARY PROSPECTUS TRRIX October 1, 2015 T. Rowe Price Retirement Balanced Fund A fund designed for retired investors seeking capital growth and income through investments in a combination of T. Rowe Price

More information

401(k) Savings Plan. As of the first day of month on or following three full months of Honda employment, unless you elect not to participate

401(k) Savings Plan. As of the first day of month on or following three full months of Honda employment, unless you elect not to participate 401(k) Savings Plan The Honda 401(k) Savings Plan (Savings Plan or the Plan) allows you to save and invest for retirement with tax advantages and a savings match and other contributions from Honda. Highlights

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

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

Retirement Plan DISTRIBUTION FORM

Retirement Plan DISTRIBUTION FORM Retirement Plan Services P.O. Box 2978 5910 Mineral Point Road Madison, WI 53701-2978 Phone: 800.999.8786 Fax: 608.236.8017 www.benefitsforyou.com Retirement Plan DISTRIBUTION FORM DEFINED CONTRIBUTION

More information

Eligible employees may join the Plan immediately upon satisfying the age and/or service requirement.

Eligible employees may join the Plan immediately upon satisfying the age and/or service requirement. Who Can Participate? All current employees are eligible to participate in the elective deferral portion of the Plan. Participation in the employer discretionary match on elective deferrals portion of the

More information

CoreLogic, Inc. 401(k) Savings Plan. Summary Plan Description

CoreLogic, Inc. 401(k) Savings Plan. Summary Plan Description CoreLogic, Inc. 401(k) Savings Plan Summary Plan Description This Summary Plan Description ( SPD ) provides an overview of how the CoreLogic, Inc. 401(k) Savings Plan (the Plan ) works, and your rights

More information

Schwab Individual 401(k) Plan Summary Plan Description

Schwab Individual 401(k) Plan Summary Plan Description Schwab Individual 401(k) Plan Summary Plan Description Employer Instructions 1. Complete the Summary Plan Description (SPD) in accordance with the elections you made on the Adoption Agreement. 2. Provide

More information

Summary Plan Description for the Glatfelter 401(k) Savings Plan. Salaried and Non-union Hourly Employees

Summary Plan Description for the Glatfelter 401(k) Savings Plan. Salaried and Non-union Hourly Employees Summary Plan Description for the Glatfelter 401(k) Savings Plan Salaried and Non-union Hourly Employees Effective January 1, 2011 Overview This document is the Summary Plan Description (SPD) of the Glatfelter

More information

Mailing Address: P.O. Box 9394 Des Moines, IA 50306-9394 FAX (866) 704-3481. Principal Life Insurance Company

Mailing Address: P.O. Box 9394 Des Moines, IA 50306-9394 FAX (866) 704-3481. Principal Life Insurance Company Mailing Address: P.O. Box 9394 Des Moines, IA 50306-9394 FAX (866) 704-3481 Principal Life Insurance Company Complete this form to withdraw part of your retirement funds while still employed. Participant

More information

How To Get A Good Return On Your Money

How To Get A Good Return On Your Money Princeton University Retirement Savings Plan Summary Plan Description Retirement Savings Plan Summary Plan Description September, 2011 Contents Introduction... 1 Eligibility and Enrollment... 2 Eligibility...

More information

TABLE OF CONTENTS PAGE GENERAL INFORMATION B-3 CERTAIN FEDERAL INCOME TAX CONSEQUENCES B-3 PUBLISHED RATINGS B-7 ADMINISTRATION B-7

TABLE OF CONTENTS PAGE GENERAL INFORMATION B-3 CERTAIN FEDERAL INCOME TAX CONSEQUENCES B-3 PUBLISHED RATINGS B-7 ADMINISTRATION B-7 STATEMENT OF ADDITIONAL INFORMATION INDIVIDUAL VARIABLE ANNUITY ISSUED BY JEFFERSON NATIONAL LIFE INSURANCE COMPANY AND JEFFERSON NATIONAL LIFE ANNUITY ACCOUNT G ADMINISTRATIVE OFFICE: P.O. BOX 36840,

More information

SPECIAL TAX NOTICE REGARDING PLAN PAYMENTS

SPECIAL TAX NOTICE REGARDING PLAN PAYMENTS SPECIAL TAX NOTICE REGARDING PLAN PAYMENTS This notice explains how you can continue to defer federal income tax on your retirement plan savings in the Plan and contains important information you will

More information

Hardship distributions. A hardship distribution is not eligible for rollover.

Hardship distributions. A hardship distribution is not eligible for rollover. SPECIAL TAX NOTICE REGARDING PLAN PAYMENTS 1 (Alternative to IRS Safe Harbor Notice - For Participant) This notice explains how you can continue to defer federal income tax on your retirement plan savings

More information

GLOSSARY OF INVESTMENT-RELATED TERMS FOR NATIONAL ELECTRICAL ANNUITY PLAN PARTICIPANTS

GLOSSARY OF INVESTMENT-RELATED TERMS FOR NATIONAL ELECTRICAL ANNUITY PLAN PARTICIPANTS GLOSSARY OF INVESTMENT-RELATED TERMS FOR NATIONAL ELECTRICAL ANNUITY PLAN PARTICIPANTS General Information This Glossary of Investment-Related Terms for National Electrical Annuity Plan Participants (the

More information

Table of contents. 2 Federal income tax rates. 12 Required minimum distributions. 4 Child credits. 13 Roths. 5 Taxes: estates, gifts, Social Security

Table 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 information

Regions Financial Corporation. 401(k) Plan. Summary Plan Description

Regions Financial Corporation. 401(k) Plan. Summary Plan Description Regions Financial Corporation 401(k) Plan Summary Plan Description July 2013 Regions Financial Corporation 401(k) Plan Summary Plan Description July 1, 2013 Table of Contents The Regions Financial Corporation

More information

Employee Share Purchase Plans

Employee Share Purchase Plans Employee Share Purchase Plans Originally Effective April 1, 2002 and Amended and Restated Effective October 25, 2011 Bank of Montreal Qualified Employee Share Purchase Plan For employees of BMO Financial

More information

1. Participant Information Please print clearly in CAPITAL LETTERS.

1. Participant Information Please print clearly in CAPITAL LETTERS. REQUIRED MINIMUM DISTRIBUTION FORM PLAN NAME: PLAN NUMBER: Use this form to request a required minimum distribution following attainment of age 70½, unless you are still employed and are not a 5% owner.

More information

SPECIAL TAX NOTICE REGARDING PLAN PAYMENTS

SPECIAL TAX NOTICE REGARDING PLAN PAYMENTS SPECIAL TAX NOTICE REGARDING PLAN PAYMENTS This notice explains how you can continue to defer federal income tax options for your distribution from the Plan and contains important information you will

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

Understanding mutual fund share classes, fees and certain risk considerations

Understanding mutual fund share classes, fees and certain risk considerations Disclosure Understanding mutual fund share classes, fees and certain risk considerations Highlights Mutual funds may offer different share classes most commonly in retail brokerage accounts, Class A, B

More information

Traditional and Roth IRAs. Invest for retirement with tax-advantaged accounts

Traditional and Roth IRAs. Invest for retirement with tax-advantaged accounts Traditional and s Invest for retirement with tax-advantaged accounts Your Retirement It is your ultimate reward for a lifetime of hard work and dedication. It is a time when you should have the financial

More information

Prospectus The Boeing Company Voluntary Investment Plan January 1, 2006

Prospectus The Boeing Company Voluntary Investment Plan January 1, 2006 Prospectus The Boeing Company Voluntary Investment Plan January 1, 2006 Supplemental Information This supplemental information summary is part of a prospectus that relates to 1,849,627 shares of the common

More information

Dell Inc. 401(k) Plan Summary Plan Description and Prospectus. Effective January 1, 2012

Dell Inc. 401(k) Plan Summary Plan Description and Prospectus. Effective January 1, 2012 Dell Inc. 401(k) Plan Summary Plan Description and Prospectus Effective January 1, 2012 Table of Contents Introduction... 1 Plan Highlights... 2 Safe Harbor Notice... 3 Eligibility... 4 Enrollment... 5

More information

How To Pay Taxes On A Pension From A Retirement Plan

How To Pay Taxes On A Pension From A Retirement Plan Payout Guide A GUIDE TO OPTIONS FOR YOUR STATE OF MICHIGAN 401(K) AND 457 PLAN ACCOUNTS 1-800-748-6128 http://stateofmi.ingplans.com State of Michigan 401(k) and 457 Plan Participant: You ve worked hard

More information

T. Rowe Price Target Retirement 2030 Fund Advisor Class

T. Rowe Price Target Retirement 2030 Fund Advisor Class T. Rowe Price Target Retirement 2030 Fund Advisor Class Supplement to Summary Prospectus Dated October 1, 2015 Effective February 1, 2016, the T. Rowe Price Mid-Cap Index Fund and the T. Rowe Price Small-Cap

More information

JPMorgan INVEST. You work hard for your money. Now keep it working for you with a JPMorgan Invest IRA. IRA Decision Guide

JPMorgan INVEST. You work hard for your money. Now keep it working for you with a JPMorgan Invest IRA. IRA Decision Guide IRA Decision Guide JPMorgan INVEST You work hard for your money. Now keep it working for you with a JPMorgan Invest IRA. JPMorgan Invest One Beacon Street, Boston, MA 0208 (800) 776-606 jpmorganinvest.com

More information

EXPLORE. Investment Planning Planning for Financial Security SAVING : INVESTING : PLANNING

EXPLORE. Investment Planning Planning for Financial Security SAVING : INVESTING : PLANNING EXPLORE Investment Planning Planning for Financial Security SAVING : INVESTING : PLANNING About this seminar Presentation > Provides comprehensive education > Includes action steps > Provides opportunity

More information

Eagle Systems, Inc. Tax Deferred Savings Plan & Trust (EAG) FINANCIAL HARDSHIP REQUEST FORM

Eagle Systems, Inc. Tax Deferred Savings Plan & Trust (EAG) FINANCIAL HARDSHIP REQUEST FORM Participant Information Eagle Systems, Inc. Tax Deferred Savings Plan & Trust (EAG) FINANCIAL HARDSHIP REQUEST FORM Name: SSN: Address: City: State: Zip: *Phone: *Email: Date of Birth: / / Hours Worked

More information

Employee Stock Ownership Plan (ESOP)

Employee Stock Ownership Plan (ESOP) Employee Stock Ownership Plan (ESOP) The basics: The ESOP is essentially a stock bonus plan in which employer stock may be used for contributions. How It Works Employer contributes company stock or cash

More information

Wells Fargo & Company 401(k) Plan

Wells Fargo & Company 401(k) Plan Summary Plan Description/Prospectus Wells Fargo & Company 401(k) Plan Effective January 1, 2011 This document constitutes part of a prospectus covering securities that have been registered under the Securities

More information

New Contact for Benefits Administration

New Contact for Benefits Administration New Contact for Benefits Administration Effective July 24, 2014, Pacific Gas and Electric Company (PG&E) is introducing a new partner for benefits administration. The following print version of content

More information

A GUIDE TO MUTUAL FUND INVESTING

A GUIDE TO MUTUAL FUND INVESTING Many investors turn to mutual funds to meet their long-term financial goals. They offer the benefits of diversification and professional management and are seen as an easy and efficient way to invest.

More information