ING 401K Program For PML Employees
Great news! We are pleased to announce our
new retirement plan.
After an exhaustive search of available
plans and providers, we have chosen ING to provide our new
retirement program. We are convinced that ING's program, with
the right combination of plan provisions, investment options and
personalized service, is the perfect fit for our organization
and a terrific way for you to save for and invest in your
future.
Why Should You
Participate?
You save by paying
yourself first.
You can count on Social Security for only
part of your retirement income, and the number of older
Americans is going to double in the next 30 years. This plan
will help you take charge of your retirement income by deducting
a set amount from your paycheck and placing it in a plan that
could grow untill you retire.
You Save And Pay Lower
Current Taxes.
The money you contribute to your
retirement plan may be taken out of your pay before taxes and
deducted. That means Uncle Sam takes less in current taxes.
Your Investment Earnings
Accumulate Tax-deferred
You dont't pay taxes on any investment
earnings until you withdraw them. That means you can take
advantage of compounding, investment returns and enjoy the
potential to grow your investments without an annual tax bite.
You Save From Every
Paycheck.
Putting money into your retirement plan is
easy. You don't have to do anything special on payday. The money
you choose to contribute is automatically deducted from your pay
and contributed to the plan on your behalf. Your money goes to
work for you right away.
You Decide How To Invest
And Manage Your Retirement Account.
Your plan offers a number of flexible
investment options managed by some of the county's leading
mutual fund companies and investment firms. You choose which
options will serve your needs best. You'll receive account
statements to help you keep your personalized retirement plan on
track. In addition, you will be able to check the status of your
account 24 hours a day, seven days a week through phone and
Internet account access.
We have partnered with ING, and its
affiliated companies, to give you every advantage in planning
for your future. ING offers a state of the art communications
program that provides the information you need to understand
your options, know your rights under the plan and save and
invest with confidence.
Our retirement plan is an important part
of our benefits package, one we're glad to make available to
you, and one we know you'll appreciate over time. We urge you to
take the time to read this important material. After all, it's
your future, your oportunity of a lifetime!
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