TARGETED RETIREMENT FUNDS Sample Clauses

TARGETED RETIREMENT FUNDS. Retirement Income Fund (for those born in 1937 or before) % Retirement 2005 Fund (designed for those born between1938-1942) % Retirement 2010 Fund (designed for those born between1943-1947) % Retirement 2015 Fund (designed for those born between1948-1952) % Retirement 2020 Fund (designed for those born between1953-1957) % Retirement 2025 Fund (designed for those born between1958-1962) % Retirement 2030 Fund (designed for those born between1963-1967) % Retirement 2035 Fund (designed for those born between1968-1972) % Retirement 2040 Fund (designed for those born between1973-1977) % Retirement 2045 Fund (designed for those born between1978-1982) % Retirement 2050 Fund (designed for those born between1983-1987) % Retirement 2055 Fund (designed for those born in 1988 or after)
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TARGETED RETIREMENT FUNDS. I understand that contributions to my account will be invested in a Target Date fund closest to the year in which I turn 65 based upon the following criteria: Birth Date/Year Range Fund before 1950 American Funds 2010 Target Date Retirement Fund - Class R4 1950-1954 ................................ American Funds 2015 Target Date Retirement Fund - Class R4 1955-1959................................. American Funds 2020 Target Date Retirement Fund - Class R4 1960-1964................................ American Funds 2025 Target Date Retirement Fund - Class R4 1965-1969 ................................ American Funds 2030 Target Date Retirement Fund - Class R4 1970-1974 ................................. American Funds 2035 Target Date Retirement Fund - Class R4 1975-1979 ................................. American Funds 2040 Target Date Retirement Fund - Class R4 1980-1984................................ American Funds 2045 Target Date Retirement Fund - Class R4 1985-1989 ................................ American Funds 2050 Target Date Retirement Fund - Class R4 1990-1994................................ American Funds 2055 Target Date Retirement Fund - Class R4 1995 and later ........................ American Funds 2060 Target Date Retirement Fund - Class R4 AUTO INCREASE I understand that the participant elected automatic contribution increase option is only available if offered by the Plan and, if offered, will not take place until I elect this option. By selecting the participant elected automatic contribution increase option, my payroll contributions will automatically increase annually for the money source(s), the date and by the dollar or percentage amount selected. I may stop the participant elected automatic contribution increase at any time by calling 000-000-0000 completing a new Participation Agreement, or accessing xxxxxxxx.xxx. Increase requests that do not match the current source and mode as I am currently contributing will not be processed. A selected date of 02/29 will not be processed, and will be changed to 02/28. MUTUAL FUND PAYMENTS DISCLOSURE Nationwide Retirement Solutions, Inc. and its affiliates (Nationwide) offer a variety of investment options to public sector retirement plans through variable annuity contracts, trust or custodial accounts. Nationwide may receive payments from mutual funds or their affiliates in connection with those investment options. Additionally, Nationwide may enter into arrangements to allocate all or a portion o...
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Related to TARGETED RETIREMENT FUNDS

  • Broad Participation Retirement Fund A fund established in The Bahamas to provide retirement, disability, or death benefits, or any combination thereof, to beneficiaries that are current or former employees (or persons designated by such employees) of one or more employers in consideration for services rendered, provided that the fund:

  • Retirement Fund The sum of $ 7.90, May 1, 2019 (May 1, 2020 $8.07; May 1, 2021 $ 8.24) per paid hour; ex- cept that Apprentices starting after April 30, 1997 will have this amount pro-rated in ac- cordance with their term level;

  • Non-Vested Retirement Gratuity for Teachers 1. The minimum years of service for retirement gratuity shall be defined as the lesser of the contractual minimal service requirement in the 2008-2012 collective agreement, or ten (10) years.

  • Deferred Retirement a. An employee who, upon separation from County service, is eligible for paid retirement and elects deferred retirement must defer participation in the Grant until such time as he or she becomes an active retiree.

  • Multiple Individual Retirement Accounts In the event the depositor maintains more than one Individual Retirement Account (as defined in Section 408(a)) and elects to satisfy his or her minimum distribution requirements described in Article IV above by making a distribution from another individual retirement account in accordance with Item 6 thereof, the depositor shall be deemed to have elected to calculate the amount of his or her minimum distribution under this custodial account in the same manner as under the Individual Retirement Account from which the distribution is made.

  • Narrow Participation Retirement Fund A fund established in Guernsey to provide retirement, disability, or death benefits to beneficiaries that are current or former employees (or persons designated by such employees) of one or more employers in consideration for services rendered, provided that:

  • VESTED RETIREMENT GRATUITY VOLUNTARY EARLY PAYOUT a) An Employee eligible for a Sick Leave Credit retirement gratuity as per Appendix A shall have the option of receiving a payout of his/her gratuity on August 31, 2016, or on the employee’s normal retirement date.

  • Beneficiary Rollovers from Employer-Sponsored Retirement Plans If you are a spouse Beneficiary, nonspouse Beneficiary, or the trustee of an eligible type of trust named as Beneficiary of a deceased employer plan participant, you may directly roll over inherited assets from a qualified retirement plan, 403(a) annuity, 403(b) tax-sheltered annuity, or 457(b) governmental deferred compensation plan to an inherited IRA. The IRA must be maintained as an inherited IRA, subject to the beneficiary distribution requirements.

  • Traditional Individual Retirement Custodial Account The following constitutes an agreement establishing an Individual Retirement Account (under Section 408(a) of the Internal Revenue Code) between the depositor and the Custodian.

  • Non-Retirement Savings Accounts An account maintained in the Cayman Islands (other than an insurance or Annuity Contract) that satisfies the following requirements under the laws of the Cayman Islands.

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