Sentences with phrase «contribution plan services»

The PNC Financial Services Group, Inc. («PNC») uses the marketing names PNC Retirement Solutions ® and Vested Interest ® for non-discretionary defined contribution plan services provided through its subsidiary, PNC Bank, National Association («PNC Bank»), which is a Member FDIC.

Not exact matches

Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.

The plan is China's contribution to a global effort to stamp out the common practice of multinationals altering the price put on labor, services or intangible asset transfers within global operations to allow firms to divert profits to low - tax countries.

The RSP is a tax - qualified defined contribution 401 (k) plan that allows participants to contribute up to the limit prescribed by the Internal Revenue Service on a pre-tax basis.

The contribution agreements apply to the Colleges of Applied Arts and Technology Pension Plan, Healthcare of Ontario Pension Plan, Ontario Public Service Employees Union Pension Plan, and Ontario Teachers» Pension Plan.

Participants hired or rehired by IBM U.S. on or after January 1, 2005, including Mr. Schroeter, who complete the plan's service requirement, are eligible for up to 5 % matching contributions.

Participants hired or rehired by IBM U.S. on or after January 1, 2005, including Mr. Schroeter, who complete the plan's service requirement, are generally eligible for up to 5 % matching contributions.

In order to receive such automatic contributions each year, a participant must have completed the service requirement, and must be employed on December 15 of the plan year.

In order to receive such matching contributions each year, a participant must have completed the service requirement, and must be employed on December 15 of the plan year.

Chetney expects much of the demand for the new Morningstar service will come from independent broker - dealers such as LPL, Commonwealth Financial Network and Cambridge Investment Research, which could mandate that their advisors use a third party to assume the fiduciary responsibility for defined contribution plans.

PIMCO's DC Practice has prepared the 12th annual Defined Contribution Consulting Support and Trends Survey to help plan sponsors understand the breadth of views and consulting services available within the defined contribution retireContribution Consulting Support and Trends Survey to help plan sponsors understand the breadth of views and consulting services available within the defined contribution retirecontribution retirement market.

U.S. team members who have completed one month of service are eligible to participate in the Wells Fargo 401 (k) Plan and qualify for Company matching and discretionary profit sharing contributions once they complete one year of service.

The survey, which aims to help plan sponsors understand the breadth of views and consulting services available within the defined contribution retirement market, included the participation of 77 consulting firms which represent 17,000 plan sponsors with over $ 4.4 trillion in plan assets.

In a regulatory filing for the Fujitsu Group Defined Contribution and 401 (k) Plan, the plan's administrator noted that a major service provider received indirect compensation.&raPlan, the plan's administrator noted that a major service provider received indirect compensation.&raplan's administrator noted that a major service provider received indirect compensation.»

In light of Mr. Oman's years of service to the Company and his significant contributions to the growth of the Company's mortgage business, we believed it was appropriate to enter into this arrangement in 1998 to address the impact on benefits payable to him under these plans caused by certain prior internal job changes and amendments made to these plans.

U.S. team members who have one month of service are eligible to participate in the 401 (k) Plan and qualify for Company matching contributions once they complete one year of service.

Service members may be able to participate in the new blended retirement system, which changes pension guarantees but also provides matching contributions to the Thrift Savings Plan.

But you'll also get an automatic contribution of 1 % of your base pay to the federal Thrift Savings Plan after 60 days of service, and matching contributions for the next 4 % of your pay, which you can keep after two years of service.

-- The majority of 401 consultants support additional services in defined contribution retirement plans as participants rely more heavily on such funds when they retire, according to according to the 12th annual PIMCO Defined Contribution Consulting Support and Trends Survey published by PIMCO, one of the world» s premier fixed income investmencontribution retirement plans as participants rely more heavily on such funds when they retire, according to according to the 12th annual PIMCO Defined Contribution Consulting Support and Trends Survey published by PIMCO, one of the world» s premier fixed income investmenContribution Consulting Support and Trends Survey published by PIMCO, one of the world» s premier fixed income investment managers..

CitiStreet was one of the nation's largest retirement plan recordkeepers, offering products and services for defined contribution, defined benefit and health and welfare plans.

The Internal Revenue Service has raised the contribution limits for employees who participate in 401 (k), 403 (b) and most 457 plans to to $ 18,500 in 2018, up from the current limit of $ 18,000.

DALBAR's Quarterly Leadership Report identifies industry leaders in online customer service to the defined contribution plan participants and plan sponsors.

And finally, employees with at least 15 years of service may be eligible to make additional contributions to their 403 (b) plan beyond the regular catch - up for those ages 50 and older.

The Internal Revenue Service allows individuals who are age 50 or older by the end of the calendar year to make extra pre-tax contributions to their work - sponsored retirement plan account (s), including their 401 (k), 403 (b), Salary Reduction Simplified Employee Pension Plan, or governmental 457 plan account (s), including their 401 (k), 403 (b), Salary Reduction Simplified Employee Pension Plan, or governmental 457 Plan, or governmental 457 (b).

Caps placed by the plan and / or Internal Revenue Service (IRS) regulations usually limit the percentage of salary deferral contributions.

Some folks have no pensions; some have a defined contribution plan, which depends on the market; others, including most public employees and more than half of the private - sector ones have a defined benefits plan — you get a guaranteed pension based upon years of service.

PNC's Vested Interest program offers defined contribution / 401 (k) / 403 (b) plan services for your employees, along with a vast array of investment options allowing for ample diversification.

For instance, a 2010 survey from LIMRA, Windsor, Conn., found that 78 percent of pre-retired employees with access to a defined contribution plan currently do contribute to it, pointed out Matthew Drinkwater, associate managing director, retirement services during the recent retirement industry conference in Las Vegas.

Let me recommend that those who are responsible for planning worship services, test their services against these potential contributions to personality growth and health.

· Adjustments to SUNY / CUNY TIAA - CREF Plan: Under Tier VI, SUNY and CUNY employees who elect the TIAA - CREF plan will receive an employer contribution of 8 % of salary for the first 7 years of service and 10 % thereafPlan: Under Tier VI, SUNY and CUNY employees who elect the TIAA - CREF plan will receive an employer contribution of 8 % of salary for the first 7 years of service and 10 % thereafplan will receive an employer contribution of 8 % of salary for the first 7 years of service and 10 % thereafter.

Benefit systems that penalize shorter terms of service are a stumbling block for second - career teachers; comparable salaries and a defined - contribution 401 (k)- type retirement plan make a lateral move more attractive.

According to the Denver - based National Conference of State Legislatures, 48 states revised public - employee plans between 2009 and 2012, often by raising contributions or the required age or service commitments, or by reducing benefits.

ALL Public Sector Defined Benefit pension Plans should be hard frozen (ZERO future growth) for the future service of CURRENT workers, and replaced for Future service with a 401K - style Defined Contribution Plan with an employer (meaning Taxpayer) «match» comparable to what Private Sector workers typically get from their employers....

I confirmed our 401k plan allows for in - service distributions of after - tax contributions and the portion of the account based on the initial rollover from my previous company.

The service also contains other tax - related information, including: RRSP contribution limit, Home Buyers» Plan and Lifelong Learning Plan repayment amounts, non-capital losses carried forward, capital gains and losses, federal and provincial tuition, education, and textbook carryforward amounts.

If you have separated from service with the employer, you can no longer make contributions to the plan.

Typically one becomes vested in their employer's contributions and related earnings through years of service (the details depend on the plan).

This approach is available, however, only for after - tax contributions made before 1987 to a plan that permitted in - service distributions as of May 5, 1986.

Beginning with the new year, public service pension plan contributions recommence at the low rate, until such time as they reach the maximum level of the contributions for the low rate.

At the beginning of the year 2013, the lowest rate of the two possible rates of contribution to the public service pension plan is used until the maximum level of contribution for that rate is reached.

As noted earlier, this simple method is available for pre-1987 after - tax contributions, if the plan permitted in - service distributions as of May 5, 1986.

However, for service contributions made after March 22, 2011, the cost of the past service must first be satisfied by transfers from RRSP assets (as well as money purchase registered pension plan assets) belonging to the IPP member or a reduction in the member's unused RRSP contribution room before new past service contributions are permitted.

Those features are 1) plan must allow for non-Roth after - tax contributions and 2) not an absolute requirement but pretty much essential is the allowance for a «in - service distributions», this allows you to take money out of the after - tax 401k and move it to your Roth 401K or Roth IRA, the is the step that actually, get the money into your Roth (IRA or 401K).

If an employee participates in multiple cafeteria plans offering health FSA's maintained by members of a controlled group or affiliated service group, the employee's total health FSA salary reduction contributions under all of the cafeteria plans are limited to $ 2,500.

Our full spectrum of defined contribution services and solutions enables us to help clients articulate plan objectives and understand employee populations to develop and manage defined contribution plans.

As a member of a defined benefit plan, you're entitled to deduct 100 % of all required contributions for current or post-1989 past service.

Example: Assume you make a $ 4,000 contribution to your defined benefit plan in 2016 with respect to two years of service prior to 1990 while you were not a contributor to a pension plan.

You're also entitled to deduct a maximum of $ 3,500 per year for past service contributions for service prior to 1990 while you were not a contributor to a pension plan.

Contributions to the public service pension plan have a direct bearing on the income tax deducted at source since these contributions are deducted from the gross pay before determining Contributions to the public service pension plan have a direct bearing on the income tax deducted at source since these contributions are deducted from the gross pay before determining contributions are deducted from the gross pay before determining the tax rate.

The larger the public service pension plan contribution, the less income tax will be withheld from your pay.