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					American Management
 Technologies, Inc.
 401k Profit Sharing
  Retirement Plan




  Executive Benefit Plans, Inc. and
 Transamerica Retirement Services

 www.401kport.com/payroll/
Your Social Security Benefit

The Social Security
Administration will give
you a benefit estimate at
your request. Call (800)
772-1213 and ask for a
“Request for Earnings &
Benefit Estimate
Statement”. Fill out the
form and mail it back.
The Social Security
Administration will send
you a report (in three to
four weeks) that shows
your employment history
and an estimate of your
benefits.
 WHAT IS A 401(k)?
• IRS regulations allowing for
  employee income deferral
  before income taxes are
  withheld.

• An employee benefit.

• A vehicle available to
  employees which provides for
  long-term growth of retirement
  income.
     WHAT DOES IT
      DO FOR ME?
• Accumulative savings for retirement.

• Current year income tax reduction.

• No tax on earnings as they grow.

• Future tax advantages when you
  receive your income.

• Competitive investment yields with
  Transamerica.
        HOW DOES IT
          WORK?
• You elect a deferral of your income in
  the form of a percentage of pay (1%-
  100%).

• Your company may match a
  percentage of the salary you defer on
  a discretionary basis.

• Your annual taxable income reported
  to the IRS is reduced by your elected
  deferral.

• Your deferred income is owned by you
  and will accrue at a competitive current
  rate of interest, tax-deferred, with
  Transamerica.
             AMT 401(k) Plan Highlights
1)   Plan Effective Date:        January 1, 2000
2)   Maximum Deferral:           100% of Salary to $14,000 in 2005

3)   Company Contribution:       Discretionary

4)   Eligibility Requirements:   Age 21 and 12 Months of Service

5)   Entry Dates:                1st Day of Each Month
6)   Change in Investment Mix:   Daily
7)   Normal Retirement Date:     Age 65
8)   Early Retirement Date:      Age 55 and 10 Years of Service
9)   Vesting of
     -Elective Contributions:    100% Immediate
     -Employer Contributions:    Begins from Date of Hire
         Years of Service        Vested Percentage
         Less than 2                  0%
         2 but less than 3           20%
         3 but less than 4           40%
         4 but less than 5           60%
         5 but less than 6           80%
         6 or more                  100%
10) Death/Total Disability:      100% Vesting
11) Hardship Withdrawals:        of Your Vested Benefits
12) Loans:                       Permitted with a Minimum of $1,000

13) 24-Hour Fund Performance Hotline: 800-401-8726
14) Transamerica Fund Performance: www.ta-retirement.com
15) Transamerica Voice Response Unit: 800-401-8726
16) AMT Employee Account Website: www.401kport.com/payroll
Does 401(k) Cut my Pay?
      Assuming you are saving now
      on an after tax basis; your net
      take home pay will actually
      increase. Here’s how:



              Assumes a $20,000 Annual Salary
                                  Without 401(k)   With 401(k)


Current Pay                         $20,000         $20,000
401(k) Deferral (6%)                ______            1,200
Taxable Income                      $20,000         $18,800
Tax (20%)                               4,000         3,760
Net Pay                             $16,000         $15,040
Personal Savings                         960        _______
    Net Take Home Pay               $15,040         $15,040


Tax Savings                         $     -0-       $ 240
Plus your 401(k) Savings                  -0-         1,200
Plus Employer Match                       -0-           0

    TOTAL SAVINGS                   $ 960           $ 1,440
The Benefit of Investing Early
                        Annual         # of years   Total          Accumulative
                Age     Contribution   in plan      Contribution value @ 65


Participant A   20       $2,000        9             $18,000        $465,168

Participant B   30       $2,000        36            $72,000        $404,141




         Part. A




         Part. B



                   $0    $100,000 $200,000 $300,000 $400,000 $500,000
                                                            Acc. Value
                                                            Ttl. Contribution




                                           Assumes an 8% Annual Rate of Return
      How Should I Invest My Plan
           Contributions?
That’s a good question! Especially when you consider the
difference just a few percentage points of additional investment
return can make on your accumulated balance, as this chart shows:

                    Investment of $100 per Month

                              Assumed Investment Return
Years                   6%        8%       10%        12%

 10                 $16,470      18,417       20,655        23,234
 20                  46,435      59,295       76,570        99,915
 30                 100,954     150,030      227,933       352,991
 40                 200,145     351,428      637,428     1,188,242

The right answer for you depends on a number of factors in your
own personal situation. These include: How many years until you
need to liquidate your account? What other investments do you
have? What is your investment goal? What level of risk are you
willing to take?

Before you try to analyze your answers to these questions,
remember a basic theory of investing: over time, you should be
rewarded for taking greater risk. For example, despite its ups and
downs, over any ten year period in the last 70 years- the stock
market has outperformed any other investment category.

This is not to say that everyone should invest in the stock market.
Every individual is different and has different risk tolerance levels.
One way to lower your risk but still participate in the market is to
diversify your investments... the old “don’t put your eggs in one
basket” theory. With this strategy, even if one type of investment
does poorly, the other types are likely to do better.
 Asset Classifications

 CASH
Investing money in very short term
securities such as T-Bills

 BONDS
Lending Money to Governments or
Corporations

 STOCKS
Owning a piece of a company
       Types of Risk
• Market Risk
     -Short Term
     -Risk of losing money due
  to market fluctuations

• Inflation Risk
      -Long Term
      -Risk that your investments
  won’t earn enough to maintain
  purchasing power
    Risk Classifications
Examples of Three Investment Strategies

Conservative
 5% Cash
55% Bonds
40% Stocks

Moderate
 5% Cash
30% Bonds
65% Stocks

Aggressive
15% Bonds
85% Stocks


Whatever strategy is right for you, remember, you
have the flexibility to change it if your situation or
goals change. The keys to successful investing are
knowing your risk tolerance, planning a long-term
strategy and diversification.



                              Where Do You Fit In?
Your Investment
   Options
 A broad range of
investment funds!
Your Investment Options
Investment Funds Summary                           Examples of Three
Cash Equivalents                                   Investment Strategies
Transamerica Stable Value Account
Bond
Transamerica Bond Ret Acct                         Conservative
Hybrid                                              5% Cash
American Funds Balanced Inv Acct
Vanguard Target Retirement 2005 Ret Acct
                                                   55% Bonds
Vanguard Target Retirement 2015 Ret Acct           40% Stocks
Vanguard Target Retirement 2025 Ret Acct
Vanguard Target Retirement 2035 Ret Acct
Vanguard Target Retirement 2045 Ret Acct           Moderate
Vanguard Target Retirement 2010 Ret Acct            5% Cash
Vanguard Target Retirement 2020 Ret Acct
Vanguard Target Retirement 2030 Ret Acct
                                                   30% Bonds
Vanguard Target Retirement 2040 Ret Acct           65% Stocks
Vanguard Target Retirement 2050 Ret Acct
Large/Mid Value Equity
Columbia Mid Cap Value Fund                        Aggressive
Large/Mid Blend Equity                             15% Bonds
Transamerica Core Equity Ret Acct
Transamerica Partners Stock Index Ret Acct
                                                   85% Stocks
Oppenheimer Main Street Fund
AIM Mid Cap Core Equity Fund                       Whatever strategy is right for you,
Large/Mid Growth Equity                            remember, you have the flexibility to
Transamerica Aggressive Growth Fund                change it if your situation or goals
                                                   change. The keys to successful
Transamerica Equity Fund                           investing are knowing your risk
Transamerica Putnam Vista Fund                     tolerance, planning a long-term
AIM Capital Appreciation Ret Acct                  strategy and diversification.
Small Company Equity
Fidelity Advisor Small Cap Fund
Transamerica SSgA Dow Jones Small Cap Value Fund
Global Equity
Transamerica Oppenheimer Global Fund
International Equity
TR Transamerica Templeton Foreign Fund
      Assess Your
    Financial Picture

• How Much Have I Saved?

• How Much Money Will I Need?

• Risk Tolerance
     Market & Inflation Risk

• Time Horizon
     How many years until I retire?
    Your Game Plan

• Assess your Financial Picture
• Save Early on a Pre-tax Basis
• Save Regularly - Dollar Cost
  Averaging
• Understand Basic Investment
  Concepts
• Expect Years With Losses!
• Develop a Long Term Game Plan
• Review that Plan Periodically
Questions & Contacts
401k Participant Accounting Contact:
800-401-8726 Telephone VRU (voice response unit)
www.ta-retirement.com

AMT Benefits Administrator:
Tracie Ayers
180 AMT Tech Drive
Rocky mount, VA 24151
540-366-8229
tracie@payrollsolutionsplus.com

AMT Primary Contact:
A.G. Nichols
180 AMT Tech Drive
Rocky mount, VA 24151
540-366-8229

Broker/Transamerica Contact:
Mark L. Shaffer RHU, REBC
Pension Specialist
Executive Benefit Plans, Inc.
800-622-2411
mshaffer@benefitplans.com

          www.401kport.com/payroll/
 Coordinating Your
Retirement Plan For
    Your Future




www.401kport.com/payroll/

				
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