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Table of Contents,Getting Started 4,Retirement Plan Details. Savings Matching Retirement Plan Quick Guide 7,Emory Healthcare 403 b Retirement Plan 8. Emory Healthcare Roth 403 b Retirement Plan 10, Emory Healthcare 457 b Deferred Compensation Plan 12. Fidelity Investments 16,How to Enroll 22,Accessing Your Funds 24. Governance 25,Other Information 26,Contact Information 26.
Glossary of Terms 27,Additional Resources 28,Additional Resource 28. Emory Healthcare reserves the right to terminate suspend withdraw amend or modify the Plan in whole or in. part at any time Further Emory Healthcare reserves the right to terminate or modify coverage for any group of. employees active or retired and their dependents or a class of dependents at any time. 2 Discover Your Retirement Options 2019,About this Guide. Emory Healthcare is proud to offer its employees a way to save for their future Whether. you are 25 and just starting your career or you are 45 and making a mid career transition. there is never a better time to start saving than now Emory Healthcare encourages you to. take care of your financial future by planning well today. In this guide you will find a comprehensive overview of all the retirement plans that. Emory Healthcare offers as well as important information on each of the retirement plan. investment companies referred to as retirement plan vendors Our goal is to help you. meet your retirement objectives and make retirement investing easier by providing. options and flexibility, Take some time now to review the information contained in this guide Then contact the. Benefits Department and or your selected retirement plan vendor s to get the important. details you will need to make an informed decision about your participation. Getting Started, This guide provides an overview of Emory Healthcare s retirement plans and the retirement plan. vendors who administer the plans As you read through the provided information take a few minutes. to consider the following questions before enrolling in a retirement plan. Questions Tips, When considering participation in a retirement plan it may.
be helpful to review your retirement goals When should you. Do I want to start saving Are you saving enough to meet your goals By. participate participating in an EHC retirement plan saving is easy Start. with a small contribution and increase it whenever your. circumstances permit like when you get a raise your car. payments end or you get a bonus Pay yourself now you ll. thank yourself later, Carefully review the Retirement Plan Details section. before selecting a retirement plan, Which retirement Retirement Plan Quick Guide page 7. plan is right for me 403 b page 8,Roth 403 b page 10. 457 b Deferred Compensation page 12, Note Participation is limited See page 12 for eligibility. An employee is allowed to contribute from 1 100,of regular pay each pay period up to a maximum.
dollar amount determined by the IRS each year,Each vendor offers tools to help you develop your. retirement strategy,do I want to Fidelity TIAA Vanguard. contribute,Contribution Limits, Employee 19 000 in 2019 and subject to cost of living adjustments in. later years If the employee is age 50 or over a catch up contribution is. also allowed This additional catch up contribution amount is 6 000 in. 2019 for a total of 25 000 in 2019 and subject to cost of living. adjustments in later years, Please take into account any previous year to date contributions from. your past employer,4 Discover Your Retirement Options 2019.
Getting Started continued,Questions Tips, Carefully review the Vendor Information section before. selecting your vendor s,Which vendor s,is right for me. Fidelity page 16,TIAA page 18,Vanguard page 20, Once you have determined the answers to each of these. I enroll questions follow the steps on pages 22 and 23 to enroll in. the retirement plan that best meets your needs, Retirement Counseling Sessions for all Retirement Plans. Fidelity Investments TIAA and Vanguard offer individual retirement counseling sessions on campus. throughout the year on the 403 b Savings Plan 403 b Roth and the 457 b Deferred Compensation. Plans To view the counseling schedule and to make an appointment go to ourehc org then click. Employee Resources Click My Benefits then Retirement Planning. Why Saving for Retirement is Important, less than10 years of service or 5 10 years or more of.
service with your contribution to the 403 b plan on. behalf of eligible participants No other benefit plan or. investment vehicle can promise you essentially a 50. return on your contribution Lastly the plan provides you. a great deal of flexibility when selecting your investment. options The mutual fund options range from, conservative to very aggressive depending on your risk. tolerance And the plans are designed to provide you. with flexibility regarding the management of your,investment fund choices everything from a hands. free approach with Lifecycle funds that essentially are. managed for you based on age to mutual funds that you. can select independently through a Mutual Fund,Brokerage Window with each vendor. For complete details on plan eligibility please refer to the Summary Plan Description. Participating in the Retirement Plan, After a full review of the plans vendors and investment Keep in mind that you can increase decrease or stop. options available to you you need your contribution at any time The plans are that flexible. to decide how much you can afford to contribute, Remember participation in two of the retirement plans There are also financial resources available to assist you.
Emory sponsors is on a pre tax basis which means you you can contact your selected vendor s by phone or. pay yourself first by contributing pre tax dollars before schedule a personal face to face consultation with the. Uncle Sam taxes your take home pay For example An vendor s of your choice to aid you in determining your. employee who is in a 28 tax bracket elects to contribute financial goals and how to reach them through the. 4 on a pre tax basis his her next paycheck would be plan s. reduced on average by 2 88 and not the full 4 Thus. the benefit of saving with pre tax contributions Enroll Today. Estimate what you can contribute carefully think about. factors like your age your salary your monthly expenses. the lifestyle you ll want once you retire,6 Discover Your Retirement Options 2019. EHC s Savings Matching Retirement Plan Quick Guide. The information in the Quick Guide below is meant to be an overview and does not include all of the. information available on Emory Healthcare s retirement plans More information is available on pages 8 13. 403 b Roth 403 b 457 b Deferred Compensation,An after tax retirement benefit. A tax deferred retirement plan A 457 Deferred Compensation Plan is. that allows you to pay taxes now, available to employees of educational a supplemental retirement plan that. Description on the money you set aside instead, institutions and certain non profit allows you to make contributions on a. of paying taxes at the time of,organizations tax deferred basis.
withdrawal,Regular full time employees earning, All eligible full time and part time All eligible full time and part time. Eligibility for 125 of the annual IRS highly, employees are immediately eligible employees are immediately eligible. Employee to compensated limit are eligible For, to contribute to the retirement plan to contribute to the Roth 403 b. Contribute 2019 an employee must earn, using pre tax dollars only retirement plan 156 250 to qualify. All eligible full time and part time,All eligible full time and part time.
Eligibility for employees who are at least 21 years of. employees who are at least 21 years, Employer age after completion of 1 year of There is no employer match for this. of age after completion of 1 year of, Contributions service and 1 000 hours worked in a plan. service and 1 000 hours worked in a,and Match 12 consecutive month period Emory. 12 consecutive month period contributions are pre tax. 1 to 100 of your eligible pay, Employee 1 to 100 of your eligible pay up 1 to 100 of your eligible pay up up to the annual IRS maximums. Contribution to the annual IRS maximums to the annual IRS maximums. Employees are eligible to receive a Employees are eligible to receive a. 2 contribution after completion of 2 contribution after completion of. Employer There is no employer match for this, 1 year of service and 1 000 hours 1 year of service and 1 000 hours.
Contribution plan, worked in a 12 consecutive month worked in a 12 consecutive month. period Excludes PRN employees period Excludes PRN employees. Employee contributes 1 of regular Employee contributes 1 of regular. salary Emory matches it with salary Emory matches it with. a 1 contribution Employee a 1 contribution Employee There is no employer match for this. Employer Match contributes 4 of regular salary contributes 4 of regular salary plan. Emory matches it with a 4 Emory matches it with a 4. contribution contribution,This plan has Three Ways to Invest. Fund See Four Ways to Invest See Four Ways to Invest This Plan does not have access to. Options pages 14 15 pages 14 15 the Brokerage Window option. A new 457 b Deferred, Changes can be made any time using Changes can be made any time using Compensation Agreement Form. Contribution Self Service On the Self Service Self Service On the Self Service must be completed and submitted to. Changes page select Benefits and then 403 b page select Benefits and then 403 b the Benefits Department for any. Savings Plan Election Savings Plan Election change. Always 100 vested in your own Always 100 vested in your own Always 100 vested in your. Vesting contributions Employer contributions contributions Employer contributions own contributions. are tied to a vesting schedule are tied to a vesting schedule. Available through Fidelity only Loans, Available through Fidelity and TIAA require plan approval and are available. only Loans require plan approval on your vested employer match. money and employee contributions Loans are not available through this. Plan Loan Loans are available on your vested plan, employer match money and Roth funds are not available for loans.
employee contributions with TIAA or Vanguard, Available through all vendors Available through all vendors. Hardship Hardship withdrawals are not, Hardships always require supporting Hardships always require supporting. Withdrawal available through this plan,documentation documentation. Available to those employees who, Available to those employees who have reached 59 1 2 years of age. In Service have reached 59 1 2 years of age In Service Distributions are not. Applies to employee contributions, Distributions Applies to employee contributions available through this plan.
only Available after 5 years without,only penalties. A decision on the distribution option, Benefit payments can begin at any Benefit payments can begin at any. Post and timing must be made within 90, time after your employment with time after your employment with. Employment days after employment with Emory, EmoryHealthcare and all Affiliates Emory Healthcare and all. Distribution Healthcare and all Affiliates,terminates Affiliates terminates terminates.
Discover Your Retirement Options 2019 7,Emory Healthcare 403 b Retirement Plan. 403 b Retirement Plan, A tax deferred retirement plan available to employees of educational institutions and certain non profit. organizations Contributions into the 403 b are exempt from federal and state income taxes but FICA. Description taxes are withheld In addition contributions and investment earnings in a 403 b grow tax deferred until. withdrawal assumed to be retirement at which time they are taxed as ordinary income. Total Annual The IRS sets annual limits for the total amount that can be contributed by both the employee and the. Contribution employer This limit can change year to year The IRS provides that the combined annual limit for total plan. Amount contributions is 100 of your W 2 compensation or 56 000 2019 limit whichever is less. Pre Tax Contributions Only, All eligible full time and part time employees are immediately eligible to contribute to the retirement plan. using pre tax dollars only, As an employee you may contribute 1 to 100 of your eligible pay up to the annual IRS maximum. Employee deferred limits For 2019 the limit is 19 000 If you are 50 and over you may defer an additional catch up. Contribution amount 6 000 in 2019 for a total of 25 000. An employee can elect to make a basic contribution to the plan each pay period This basic contribution will. be matched by Emory Healthcare see Contributions and Match If an employee elects to make a. contribution over the basic 4 of regular salary under 10 years or 5 after 10 years it is called a. supplemental contribution Employees can contribute from 1 to 100 of regular salary each pay period in. any increment subject to the annual IRS maximum deferral limits. Emory Healthcare Matching Contributions, All eligible full time and part time employees who are at least 21 years of age are eligible for Emory.
Healthcare matching contributions to the retirement plan after completion of one year of servic. Discover Your Retirement Options 2019 3 About this Guide Emory Healthcare is proud to offer its employees a way to save for their future Whether

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