| When
may mapping take place within the Retirement Savings Plan? |
In the event
that it is determined that a fund is not performing according
to the standards established in the Investment Policy
Statement, the Retirement Savings Plan Investment Review
Subcommittee will determine any appropriate action to
take which may include removing the fund from the menu
and mapping assets from that fund into a replacement for
that fund. |
| When will
the Diversified participant administrative fees be deducted
from employee accounts? |
If the participant opens a Schwab Personal Choice Retirement Account, the $50
annual fee will be deducted in the month of January
following the plan year. |
| Can I roll
over my personal investment accounts from Vanguard or
Charles Schwab to Diversified? If so, are there any fees
associated with doing so? |
Your personal
investments cannot be a roll over to the Retirement Savings
Plan unless they are funds from a previous employer's
retirement plan and have been kept in a separate IRA.
|
| Is there
be a representative at my location to provide ongoing
assistance? |
Yes, Diversified
makes available Retirement Plan Specialists at locations
throughout Trinity Health. |
| What
are the tax benefits of contributing to the Trinity Health
403(b) Retirement Savings Plan? |
All of your personal contributions
to the Trinity Health 403(b) or 401(k) Retirement Savings
Plan are invested on a pre-tax basis. This means your
contributions are deducted before federal, state, and
local taxes are withheld - thus reducing your income for
tax purposes. In addition, your account grows tax-free
until you receive a distribution from the Retirement Savings
Plan. |
