Monday, May 07, 2012

TAG 401k Enrollment Meetings

Due to requests, here is my 401k Enrollment Meeting Schedule for the rest of the month:

Film Roman -- Tuesday, May 8th, 10 a.m. 3rd Floor Conference Room

Fox TV Animation -- Wednesday, May 9th, 2 p.m. Main Conference Room

Sony Pictures Animation -- Thurs. May 10th 10 a.m. North 2000

Dreamworks Animation -- Tuesday May 15th, 2 p.m. Dining Room B & C

Cartoon Network -- Wed. May 16th, 1 p.m. Main Conference Room ...

And now for my enrollment meeting mini-spiel! In writing on the blog! Just for youuu ...!!

If you're under 50 (fifty) this year, you can put up to $17,000 worth of pre-tax moolah into the Plan. ($22,500 if you are fifty or older.)

The Plan has a plethora of actively managed funds and index funds. In my opinion, the best option available is to plunk all or most of the contributions into the Vanguard Target Retirement Funds option*.

Mass Mutual, the Plan Administrator, sends out paper statements quarterly. You can access your accounts online by setting up a PIN number and going to, clicking through to "The Retirement Center" and typing in your Social Security Number and Personal Identification Number (PIN) in the appropriate rectangular white box.

You can deduct from 2% to 40% of your weekly wages into the TAG 401(k) Plan (and more if you're over fifty.) Your take-home pay will not drop by 100% but by 80% ... 70% ... 60% depending on your state and federal income tax brackets.

You'll need to fill out the enrollment form and the beneficiary form, and you'll be good to go. Enrollment deadlines are the first of each month. (May 1st, June 1st, and so on ...)

* Isn't this what I ALWAYS say?


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