Investment Elections. Each Participant shall elect the manner in which his Account and any future contributions thereto are to be invested from among such funds as the Administrator directs the person or entity holding the Plan Assets to make available and any other legally permissible investment which the person or entity holding the Plan Assets agrees to hold. Such an election shall be effective as soon thereafter upon receipt of the election as is practicable. An investment election must be made in the manner specified by the Committee. If a Participant fails to make an election, then his Account shall be invested as provided by the Committee.
Investment Elections. I elect the amount of 403(b) contributions specified above to be invested in the available carriers as follows:
Investment Elections. Contact Fidelity by calling them at 800/000-0000 or by logging on to their website at xxx.xxxxxxxx.xxx/xxxxxx to set-up or change your investment elections. If you do not set up, or have not set up, your investment elections, your contributions will be invested in the Plan’s default fund. INSTRUCTIONS FOR COMPLETING THE PARTICIPATION AGREEMENT To defer funds from your buydown or payoffs into the Section 457 Plan, you’ll need to complete this Section 457 Plan Participation Agreement. Due to the IRS-established waiting period for contribution increases to the Section 457 Plan, you need to complete and submit the Participation Agreement well in advance of the pay period in which your department will process your buydown or payoffs. Contact the Deferred Compensation Program at 805/654-2620 for information on which pay period your deferral can be processed. We suggest calling at least two months before the pay period you want to make the deferral. Complete Section I and indicate that it’s for a “contribution increase.” In Section II, either write the number of hours for your buydown, or check that this is for your payoff. Also, enter your Retirement/Separation Date if this is for your payoffs. Then, if you have a specific dollar amount in mind, enter it on the line that says “biweekly payroll deduction/one-time contribution.” As another option, you can elect to defer a percentage of your buydown or payoffs. We’ll convert that percentage to a dollar amount once we know the amount of your buydown or payoffs. (This will be during the payroll calculation process.) Just indicate the percentage you want to defer on the line that says “biweekly payroll deduction/one-time contribution.” The amount you elect to defer from your buydown or payoffs will replace your regular contribution (if any) to the Section 457 Plan. If the Section 457 Plan contribution from the buydown or payoffs would put you over the annual contribution limit for the year, we will decrease the deferral amount you have designated. You also need to decide how deductions and taxes will be handled. Although the amount that goes into the Section 457 Plan isn’t subject to income taxes, it is subject to applicable deductions including FICA, MEDI, SDI, and retirement contributions, and then income taxes on those amounts. These withholdings and taxes can be withheld one of two ways: From your regular earnings, which will maximize your deferral, but reduce your take-home pay, or From your buydown or payof...
Investment Elections. Each Participant, Beneficiary of a deceased Participant and alternate payee will have the right to elect how his or her Account will be invested among the available investment funds in accordance with procedures established from time to time by the Plan Administrator and the Trustee. An individual may revise his or her investment Election at such times and in accordance with such procedures as are established by the Plan Administrator, which may include restrictions on the investment of Accounts in the Lodgian Stock Fund and the Lodgian Warrant Funds. An individual's Account will continue to be invested in accordance with his or her most recent investment Election until such Election is properly changed.
Investment Elections. Participant's Accounts shall be allocated to any or all of the Funds, in multiples of 1%, as the Participant shall elect. Such election shall be made by the Participant in any manner specified by the Plan Administrator. A Participant's initial election shall be made on or before his Enrollment Date. Notwithstanding the foregoing, in the case of an Employee who becomes a Participant pursuant to an automatic Salary Reduction Agreement under Section 4.2, the Participant shall be deemed to have made an initial election to invest his entire Account in the appropriate Target Date Fund based on the Participant’s date of birth. Separate accounts will be maintained reflecting the interest of each Participant attributable to each Fund. In the event that a Participant, Beneficiary or alternate payee declines or fails to provide investment direction with respect to Plan assets held in his Account, the Account shall be invested in the appropriate Target Date Fund based on his/her date of birth, which shall serve as the default investment.
Investment Elections. A Participant may, by giving notice on the Appropriate Form and within such time as the Administrative Committee may prescribe designate the proportion of his Rollover Account, in any whole percentage, which shall be allocated to and invested in any Investment Fund. Any such election shall continue in effect until changed by a new designation in accordance with the same procedures then in effect for any change in a Participant's election as to Basic Contributions under Section 4.4, and may be reallocated by the Participant in accordance with the provisions of Section 4.6.
Investment Elections. Use this section to indicate the percentage of contributions to be directed to each fund and share class you select from among those available under your 403(b) plan. If no fund is designated, or the percentage does not equal 100%, contributions will be invested in Federated Treasury Obligation Fund, a money market fund. Choose From Option A: Self Directed or Option B: Lifestyle Portfolios Fund Name Ticker Percent (%) Fund Name Ticker Percent (%) American Funds EuroPacific Growth Harbor International American Century Real Estate Xxxxx Fargo Precious Metals Vanguard Small Cap Index Federated Mid Cap Index PRIMECAP Odyssey Aggressive Growth Dodge & Xxx Stock Harbor Capital Appreciation DODGX HACAX Xxxxx XXXXX PRIMECAP Odyssey Stock POSKX X. Xxxx Price Equity Income PRFDX REREX HAINX REACX EKWYX NAESX FMDCX POAGX Vanguard Index Total Stock Market Vanguard Index Trust 500 Portfolio Vanguard Wellesley American Century Inflation Adjusted Bond Dodge & Xxx Income Federated Total Return Bond Federated U.S. Government 2‐5 yrs Xxxxxxxxx Global Bond Vanguard Long Term Treasury Vanguard Short Term Bond Index VTSMX VFINX VWINX ACITX DODIX FTRBX FIGTX TPINX VUSTX VBISX POIXX TOIXX 100% stocks 60% stocks / 40% bonds 40% stocks / 60% bonds 100% bonds See page 5 of the Suncoast 403(b) Retirement Booklet to determine your Investment Style. By selecting a Lifestyle Portfolio your future contributions and existing balances will be allocated according to the mutual funds and percentages that make up the Portfolio chosen. Lifestyle Portfolios will automatically rebalance each quarter. MEMBERS Trust Company will monitor the Lifestyle Portfolios and will change the funds and allocations, as it deems appropriate.
Investment Elections. (a) In connection with entering into this Agreement, Executive shall designate the types of Funds Executive’s Account will be deemed to be invested in for purposes of determining the amount of Interest to be credited to the Account. In making the designation pursuant to this Section 2.1, Executive may specify that all or any multiple of his Account in whole percentage increments (equal to or greater than 1%) be deemed to be invested in one or more of the types of Funds provided under the Agreement as communicated from time to time by the Committee. Executive may change the designation made under this Section 2.1 effective as of the next following business day, by following the procedures set forth by the Committee; provided, however, that the portion of Executive’s Account that is subject to such change shall be at least $250. If Executive fails to designate a type of fund under this Section 2.1, his Account shall be invested in the fund or funds designated by Executive under the Deferred Compensation Plan and if no such election has been made thereunder, his account shall be invested in the fund designated by the Committee.
(b) Although Executive may designate the type of investments, the Committee shall not be bound by such designation. The Committee, from time to time, in its sole discretion, may designate commercially available investments of each of the types communicated by the Committee to Executive pursuant to Section 2.1(a) above to be the Funds. The interest rate of each such commercially available Fund shall be used to determine the amount of earnings or losses to be credited to Executive’s Account under Article III.
Investment Elections. Members may change their future and/or existing account balances on any business day, as often as desired. The changes will be effective as soon as practicable after requested.
Investment Elections. (a) Each Participant may elect that his Accounts and his future contributions shall be invested in whole percentages in any of the Investment Funds. If permitted by the Plan Administrator, the Participant may make separate elections with respect to his existing Account balances and future contributions. Investment elections shall be made by each Participant in writing or by such other means made available by the Plan Administrator or the Administrator, including, but not limited to, a telephone or Internet exchange system, in accordance with such procedures as may be established from time to time by the Plan Administrator or the Administrator. The investment of Accounts of each Participant will not be automatically realigned among the Investment Funds if changes in market value cause the amounts of the Participant’s Accounts invested in each Investment Fund to differ from the Participant’s most recent investment election. A Participant may change his investment election at such times, with such frequency, in such manner and with respect to such Investment Funds as the Plan Administrator or the Administrator shall establish. Such change of investment election shall be submitted to the Administrator in writing or by such other means made available by the Plan Administrator or the Administrator, including, but not limited to, a telephone or Internet exchange system. A Participant’s investment election shall be final and may only be changed in accordance with such procedures as are established by the Plan Administrator or Administrator.
(b) All contributions to the Plan shall be invested in accordance with the Participant’s most recent investment election with respect to such contributions. If a Participant has never filed a valid investment election relating to his Accounts, all of his Accounts shall be invested in the default investment fund established by the Plan Administrator, until a valid election is made by the Participant.
(c) Notwithstanding any provision of this Section 6.2, a Participant’s investment direction shall be subject to any transfer restrictions imposed by an Investment Fund, the Plan Administrator, the Investment Committee or the Trustee. All transfers among the Investment Funds shall be effectuated as soon as administratively practicable under the then circumstances and none of the Trustee, the Investment Committee, the Plan Administrator or its designated service provider(s), the Administrator, Company or Investment Manager shall be li...
