Sentences with phrase «contributions by plan participants»

It would require a 40 % increase in contributions by plan participants which they simply can not afford.

Not exact matches

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.

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.

· Under IBM's 401 (k) Plus Plan, participants hired or rehired by IBM U.S. before January 1, 2005, including Mrs. Rometty, Mr. Rhodin, Mrs. van Kralingen and Dr. Kelly, are eligible to receive matching contributions up to 6 % of eligible compensation.

In addition, our company allocates to each participant's Deferred Compensation Matching Plan account a matching contribution of up to 6 % of the amount by which the participant's base salary and cash incentive payment exceed the then - applicable limitation in Section 401 (a)(17) of the Internal Revenue Code.

Christopher M. Sulyma filed a lawsuit on behalf of two proposed classes of participants in the Intel 401 (k) Savings Plan and the Intel Retirement Contribution Plan, claiming that the defendants breached their fiduciary duties by investing a significant portion of the plans» assets in risky and high - cost hedge fund and private equity investments through custom - built target - date funds.

Plaintiff Christopher M. Sulyma, on behalf of two proposed classes of participants in the Intel 401 (k) Savings Plan and the Intel Retirement Contribution Plan, claims that the defendants breached their fiduciary duties by investing a significant portion of the plans» assets in risky and high - cost hedge fund and private equity investments.

-- 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..

A narrow majority of defined - contribution - plan advisers and consultants say managed accounts provide less benefit to participants than target - date funds, according to a survey by Pacific Investment Management Co..

Effective January 1, 2010, the Company amended this plan to provide for supplemental Company matching contributions for any compensation deferred by a plan participant, including named executives, that would have been eligible (up to certain IRS limits) but for this deferral for a matching contribution under the Company's 401 (k) Pplan to provide for supplemental Company matching contributions for any compensation deferred by a plan participant, including named executives, that would have been eligible (up to certain IRS limits) but for this deferral for a matching contribution under the Company's 401 (k) Pplan participant, including named executives, that would have been eligible (up to certain IRS limits) but for this deferral for a matching contribution under the Company's 401 (k) PlanPlan.

Participants argued that they are already supporting employees with private, defined contribution plans that are more efficient — a fact they claim is being ignored by the government.

The AXA Retirement 360SM defined contribution program consists of a custodial account offered through Reliance Trust Company, LLC, within which plan participants» chosen mutual fund shares are held, as well as a group fixed annuity contract (Generic Form Number 2016FA - MFrev, 2016FA - MF403b) issued by AXA Equitable Life Insurance Company («AXA Equitable»).

The PRPP (pooled registered pension plan) is a more recent workplace pension program that behaves more like a defined - contribution plan, but is by no means universal and places investment risk on the shoulders of plan participants.

Thus, projecting that participants always have contributions (their own and / or employer contributions) every year raises projected replacement rates, but not by much compared with the importance of being offered a plan to begin with.

If the Canadian dollar strengthens versus other currencies, it will most likely be accompanied by strength in the Canadian economy, and rising earnings — and hence plan contributions — of the CPP participants.

Defined contribution plans are funded primarily by the employee, called the participant, with the employer matching contributions to a certain amount.

The contributions can be invested, at the participant's direction, in select mutual funds, money market funds, annuities or stock offered by the plan.

As in previous years, plan participants who will be 50 years of age by the end of the year will be able to make a «catch - up» contribution.

If allowed by their particular 401k plan, participants who turn 50 before the end of the calendar year can also contribute an additional $ 6,000 to the plan, via catch - up contributions, for a total of $ 24,000 in elective deferrals.

The government grants an additional catch - up contribution for plan participants who are at least 50 years old by the end of the calendar year.

A narrow majority of defined - contribution - plan advisers and consultants say managed accounts provide less benefit to participants than target - date funds, according to a survey by Pacific Investment Management Co..

The initial program objective has been expanded to include aspects of interest in defined contribution plans, such as participant behavior in asset allocations, contribution levels and participation, and the response to participant behavior by plan sponsors and service providers.

Voluntary Employee Contributions - Amounts that participants contribute to a defined benefit plan, as allowed by the plan, that are not mandatory employee cContributions - Amounts that participants contribute to a defined benefit plan, as allowed by the plan, that are not mandatory employee contributionscontributions.

While the maximum amount of annual contribution is the same as with a traditional IRA, a Roth IRA does not have restrictions on participant status if an individual is also covered by an employer's plan, or already owns a traditional IRA.

In addition, Voya has earned numerous awards and accolades over time, including being named as one of the Top Green Companies in the U.S. in 2016, being named as a 2017 World's Most Ethical Companies (by Ethisphere Institute), and as a top five retirement plan provider (based on number of plans and participants) by the Pensions & Investments Defined Contribution Record Keepers Survey in April of 2016.

Marital property includes personal and real property acquired and owned by either spouse or both together; active appreciation of separate property due to one spouses contributions, such as improvements; and participant accounts in state and municipal deferred compensation plans, to the extent set forth in the applicable statute.