Image

2810 Fieldstream Drive North, Wilson, NC 27896


Phone: 252-237-4357

Fax: 252-243-2681

November/December 2017

What's Your Plan?

It’s no secret. You can find a lot of helpful information about your employer’s retirement plan by reviewing a few documents.


The summary plan description (SPD) tells you what the plan provides and how it operates, including when employees are eligible to participate, how service and benefits are calculated, when benefits become vested and how they’re paid, and how to file a claim for benefits.


Your individual benefit statement includes information about your account balance and vested benefits. Make sure your personal information is accurate, such as salary level, your and your employer’s contribution amounts, years of service, address, Social Security number, beneficiary designation, and marital status.


Plan and investment information for participant-directed plans includes information regarding fees, expenses, and investment options to help you make decisions about managing your account.


An automatic enrollment notice provides a description of the automatic enrollment process, the salary deferral percentage, the default investment for automatic contributions, and your right to change the deferral percentage and investments or opt out of the plan.


A blackout notice is a notice of a temporary suspension, limitation, or restriction of account activity.


A summary of material modifications outlines significant plan changes or modifications to the information required in the SPD.


The summary annual report contains a summary of financial information filed by the plan on Form 5500 Annual Return/Report.


Read all the information you receive to stay current on any plan changes.


SUBSCRIBE

Enter your Name and Email address to get
the newsletter delivered to your inbox every month.


CONTACT US

Enter your Name, Email Address and a short message. We'll respond to you as soon as possible.

Bradley's Tax & Financial Management and LTM Client Marketing, Inc. are unrelated companies. This publication was prepared for the publication’s provider by LTM Client Marketing, an unrelated third party. Articles are not written or produced by the named representative.
* Securities offered through H.D. Vest Investment ServicesSM, Member SIPC, Advisory Services offered through H.D. Vest Advisory ServicesSM,6333 North State Highway 161, Fourth Floor, Irving, Texas 75038, (972) 870-6000.
Bradley's Tax & Financial Management is not a registered broker/dealer or independent advisory firm

The information and opinions contained in this web site are obtained from sources believed to be reliable, but their accuracy cannot be guaranteed. The publishers assume no responsibility for errors and omissions or for any damages resulting from the use of the published information. This web site is published with the understanding that it does not render legal, accounting, financial, or other professional advice. Whole or partial reproduction of this web site is forbidden without the written permission of the publisher.