Get July 2011 401(k) Newsletter - Raymond James

Asking Human Resources is typically the most straightforward way to find your 401(k) administrator and figure out who manages your retirement savings account's day-to-day activities. The employer is almost always the plan sponsor. Typically, the sponsor hires a third-party administrator to oversee the accounts.

SHRM 401(k) Solutions by Raymond James helps make it possible for your employees to save and prepare for retirement – all while helping you meet your fiduciary responsibilities. Get the help and guidance you need to optimize your employee benefits.

If you leave your job, your 401(k) will stay where it is until you decide what you want to do with it. You have several choices including leaving it where it is, rolling it over to another retirement account, or cashing it out.

1980: “Father of the 401(k)” Ted Benna first implements the retirement plan. Ted Benna, pictured above, is popularly known as the “Father of the 401(k)” for his work advocating for companies to adopt plans in ance with the IRS' new Revenue Act of 1978.

Our plan offers two kinds of accounts: A traditional 401(k), where you can make pre-tax contributions. A Roth 401(k), where you can make post-tax contributions.

Ted Benna designed and put in place the first 401(k) savings plan back in 1978. That historic first earned him the title “father of the 401(k)” even though Benna had his doubts it would work.

For eligible employees, Raymond James will match 75% of the first $1,000 you contribute to your account, followed by a 25% match of the next $1,000 you contribute. So, if you contribute a total of $2,000 to your 401(k), you will maximize the match and earn $1,000 from Raymond James toward your retirement.

Through our Profit Sharing Plan (PSP), Raymond James annually allocates a portion of its profits to eligible associates' retirement accounts, helping you grow your tax-deferred savings. Best of all, your participation in this program starts the day you do, requiring no action or contribution on your part.

Who actually owns your 401k? Under ERISA, the plan assets found in a 401k plan are owned by the employee, unless your 401k Plan is brokered through an insurance company. In the case of Principal Life Insurance Company, your plan assets are “sold” to the insurance company in exchange for a Group annuity.

Asking Human Resources is typically the most straightforward way to find your 401(k) administrator and figure out who manages your retirement savings account's day-to-day activities. The employer is almost always the plan sponsor. Typically, the sponsor hires a third-party administrator to oversee the accounts.

SHRM 401(k) Solutions by Raymond James helps make it possible for your employees to save and prepare for retirement – all while helping you meet your fiduciary responsibilities. Get the help and guidance you need to optimize your employee benefits.

If you leave your job, your 401(k) will stay where it is until you decide what you want to do with it. You have several choices including leaving it where it is, rolling it over to another retirement account, or cashing it out.

1980: “Father of the 401(k)” Ted Benna first implements the retirement plan. Ted Benna, pictured above, is popularly known as the “Father of the 401(k)” for his work advocating for companies to adopt plans in ance with the IRS' new Revenue Act of 1978.

Our plan offers two kinds of accounts: A traditional 401(k), where you can make pre-tax contributions. A Roth 401(k), where you can make post-tax contributions.

Ted Benna designed and put in place the first 401(k) savings plan back in 1978. That historic first earned him the title “father of the 401(k)” even though Benna had his doubts it would work.

For eligible employees, Raymond James will match 75% of the first $1,000 you contribute to your account, followed by a 25% match of the next $1,000 you contribute. So, if you contribute a total of $2,000 to your 401(k), you will maximize the match and earn $1,000 from Raymond James toward your retirement.

Through our Profit Sharing Plan (PSP), Raymond James annually allocates a portion of its profits to eligible associates' retirement accounts, helping you grow your tax-deferred savings. Best of all, your participation in this program starts the day you do, requiring no action or contribution on your part.

Who actually owns your 401k? Under ERISA, the plan assets found in a 401k plan are owned by the employee, unless your 401k Plan is brokered through an insurance company. In the case of Principal Life Insurance Company, your plan assets are “sold” to the insurance company in exchange for a Group annuity.

Through our Profit Sharing Plan (PSP), Raymond James annually allocates a portion of its profits to eligible associates' retirement accounts, helping you grow your tax-deferred savings. Best of all, your participation in this program starts the day you do, requiring no action or contribution on your part.

A 401(k) is an employer-sponsored retirement savings plan that offers significant tax benefits while helping you plan for the future. With a 401(k), an employee sets a percentage of their income to be automatically taken out of each paycheck and invested in their account.

Who actually owns your 401k? Under ERISA, the plan assets found in a 401k plan are owned by the employee, unless your 401k Plan is brokered through an insurance company. In the case of Principal Life Insurance Company, your plan assets are “sold” to the insurance company in exchange for a Group annuity.