1. Partnering For Your Future

2. Some things in life you just don’t want to miss . . .
an important phone call

3. . . . a connecting flight

4. . . . baby’s first laugh

5. …and the benefits of your 401k Plan!

6. What is a 401(k)?
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A trust created or organized in the United States and forming part of a stock bonus, pension, or profit-sharing plan of an employer for the exclusive benefit of his employees or their beneficiaties shall constitute a qualified trust under this section – U.S. Law: Tital 26, Subtitle A, Chapter 1, Subchapter D, Part I, Subpart A, Section 401
In simple terms, a 401(k) is an employer-sponsored, tax-deferred voluntary retirement savings plan.

7. For Discussion Who is JPMorgan Retirement Plan Services?
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Who is JPMorgan Retirement Plan Services?
Why Contribute to the plan?
Features of the ACCE 401(k) Retirement Plan
Investment Choices
Financial Engines
Enrolling and managing your account

8. Who is JPMorgan? _______________________________________________
JPMorgan Chase & Co. (NYSE: JPM)
-corporate headquarters in New York
-U.S. retail financial services & commercial banking headquarters in Chicago
-a leader in global financial services
-assets of $1.2 trillion and operations in over 50 countries
JPMorgan Retirement Plan Services
-headquarters in Kansas City and Denver
- the ACCE plan recordkeeper
-currently serves over 300 plans and over one million participants

9. Service provider responsibilities
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Track account balances
Provide communication and ongoing education
Provide quarterly statements
JPMorgan automated telephone service
Staff call Center

11. Understanding the Realities of Retirement . . .
1960: 5.1 workers to 1 retiree
2000: 3.4 workers to 1 retiree
2030: 2.1 workers to 1 retiree
John Q. Public 2210 Main Street Any Town, USA
PERSONAL SAVINGS ACCOUNT NATIONAL CITY BANK
Date
Withdrawal
Deposit
Interest
Balance
$720.83
11/25/05
$100.00
$820.83
12/15/05
$920.83
12/31/05
$17.39
$938.22
01/15/06
$1,038.22
02/15/06
$1,138.22
03/15/06
$1,238.22
03/31/06
$17.53
$1,255.75
04/15/06
$1,355.75
Savings are on an after-tax basis
Interest is Taxed
Hard to save
Too easy to gain access

12. How can a 401(k) plan help? Payroll deducted savings
Defer taxes on savings
Defer taxes on earnings
Professionally managed mutual funds
Portability
Protected by ERISA Laws

15. Requirements to participate
Regional Development Company 401(k) Plan ___________________________________
Requirements to participate
Must be 21 years of age
Must have worked for RDC (or equivalent ACCE member) for one year
Must have worked at least 1,000 hours in a 12 consecutive month period

17. Regional Development Company 401(k) Plan ___________________________________
RDC automatically makes a contribution equal to 8% of the eligible employees’ gross income beginning with the first quarterly entry date following the one-year anniversary of hire
All employees are 100% vested from the first date of eligibility for all Employer Contributions

18. How much can an employee save in addition to the Employer’s Primary Contribution?
Up to $15,500 can be withheld from 2007 paychecks – BEFORE INCOME TAXES ARE DEDUCTED – to be invested in the employee’s 401(k) account
Employees who will be at least 50 years of age on 12/31/2007 can have an additional $5,000 in tax-deferred income invested in the 401(k) account
An additional 2% of gross income can be saved on a “taxes-paid” basis

34. Manager, Retirement Services
Connie Thompson
Manager, Retirement Services
ACCE Benefits Trust
4875 Eisenhower Ave – Suite 250
Alexandria, VA 22304
1(800) EXT 3548