According to the Hewitt Associates 2003 survey, Trends and Experiences in 401(k) Plans, approximately 25 percent of 401(k) plans that provide for matching contributions make them discretionary, or geared to the performance of the employer. The uncertainty as to whether a match will be made or about the level of the match does not provide a good incentive for employees to participate; a matching contribution will be most effective when the level is fixed.

A-12: Contributions made to a defined contribution benefit plan, such as a 401(k) Retirement Savings Plan, by the employer based on a certain percentage of the employee's own contribution. For example, an employer may contribute 50 cents on the dollar for each dollar which an employee contributes to the plan on a payroll deduction basis, up to 6 percent of his/her base salary.

Asante Africa Foundation enthusiastically accepts corporate donations. Talk to your company about matching donations, and let us know how we can support completing the process with you. Corporate giving campaigns often begin in late summer, so contact your Human Resources or community benefit department to find out how to include Asante Africa Foundation as an option. Email us at info@asanteafrica.org or call us at 925-292-0245 to make arrangements.

The employer contributions of profit sharing and matching should be deposited by the due date of the employer’s corporate return. If the employer has filed for an extension, the employer automatically receives an extension for depositing the employer contributions as well. For a calendar year plan the contributions will be due by March 15th. However if the employer files for an extension, the employer contributions will be due by September 15th.

A company may choose to supplement the employee elective contributions and matching contributions with discretionary non-elective contributions based on profitability or employer performance. More frequently, a 401(k) plan containing only elective contributions will be supplemented by discretionary non-elective contributions. The profit sharing element of discretionary non-elective contributions can provide significant performance incentives to participants.

Yes RIM's matching contribution can be directed to your spousal account. Complete a spousal enrolment; payroll authorization form and spousal direction split form to initiate contributions.

Seattle's Neighborhood Matching Fund Program is a partnership between the City of Seattle and neighborhood-based organizations. The City supplies cash for a neighborhood project and the neighborhood matches the City's contribution with volunteer labor, donated materials, professional services, and cash. For more information see the Department of Neighborhoods Matching Fund Programs. The Coalition received two $10,000 Small and Simple Projects Fund awards.

The following is an abbreviated summary of certain federal tax matters. Individual tax results may vary. Consult a tax advisor for specific implications of your participation in the trust. This summary is not intended to provide individual tax advice and is subject to the terms of the Master Trust Document and Joinder Agreement. If the individual trust account does not contain any of the beneficiary's own funds, refer to Tax Questions for Trust I (Third Party Trusts).

Buy BOOKS! I am the same as Erasmus in the 16th century when he said, "When I get a little money, I buy books; and if any is left, I buy food and clothes."

Sometimes called a "family" trust. A discretionary trust is established by a Deed between the person who sets up the trust (the Settlor) and a Trustee. In a discretionary trust, the Trustee has a discretion to decide whether any sum is to be paid to the beneficiaries, and if so, how much.

Spending that is not guaranteed by entitlements. This increasingly shrinking authority was split into three categories - defense, domestic, and international.

Members may contribute up to 100% of their disposable (net) pay. Contributions may be made either by a savings allotment with a unique bank routing number, or by cash (or check) deposit. Make the deposit or start the allotment at your local pay office. When reviewing your statement, keep in mind that there may be a delay in the posting of cash deposits.

Any contributions go towards paying for development and running costs involved in the UKRag.net project which is rapidly becoming a 3 hour a day job. Recently they have made a new child project "Youthzone.net" possible and helps tackle similar goals to UKRag.net but aimed more at schools and teachers. Additionally they cover the hosting costs incurred from by this site.

You can open your account with as little as $20 per month through ACH or for a minimum of $100 you can open a voluntary periodic payment account with minimum subsequent contributions of $20. (These amounts apply to the Growth, Equity Income, Balanced, and Government Bond options. The Primary and Money Market options have a minimum of $100 for automatic bankdraft.) The SM&R Alger options have a minimum initial investment of $500 and minimum of $50 for subsequent contributions.

You may budget funds in a general consulting category that you may not know the details of at the time of the application.

Discretionary subgrants are made for individual projects to eligible agencies in accordance with legislation that permits the NJDOE to exercise judgment in selecting the project, the subgrantee, and the amount of the award. Guidelines are published in the form of a Notice of Grant Opportunity (NGO). Specific projects are selected and awarded in accordance with the criteria published.

Yes, discretionary authority gives us the ability to supervise and direct the investment of your account at our discretion without prior notification to you. This allows us to react to market developments that may impact your portfolio.