Your TeleTech 401(k) Plan - Home » Teletech Healthcare

Your TeleTech
401(k) Plan
Build Your Financial Future
In this presentation…
Enrolling/Eligibility
Contact info/availability
Contributions
Employer Match
Vesting
Additional information
Enrolling/Eligibility
• Full-time, Part-time or Temporary
employee over the age of 21
‒ Enroll in the 401(k) plan
approximately 7-10 days
following your first paycheck
‒ You will be automatically
enrolled at a 4% savings rate
after 30 days of employment
• If you are not 21 years of age upon
hire/rehire, you are eligible to enroll
following your 21st birthday
Enrolling/Eligibility
Two ways to enroll:
1. www.benefits.ml.com
2. 1.800.228.4015
• Enroll or make changes to your election
anytime through Merrill Lynch
www.benefits.ml.com
‒ The first time you visit, click
"Create User ID" to create your
unique user ID and password
‒ Click "Enroll Now" on the My
Accounts page and follow the
prompts
‒ Don’t forget to designate your
beneficiaries
• 1.800.228.4015
‒ Follow the voice prompts
Contact Info/Availability
• www.benefits.ml.com
– 24/7/365
• 1.800.228.4015
‒ Automated system
available 24/7/365
‒ Representatives available
8 a.m. to 7 p.m. (ET) on the
days the New York Stock
Exchange is open
Contributions
• A contribution is the amount you elect
to be deducted from your paycheck
and invested in your 401(k) plan.
‒ Pretax deduction
‒ 0 to 50 percent of eligible
earnings not to exceed IRS
annual limit
• 2014 limit is $17,500
‒ Age 50 and older are eligible to
make additional 401(k) catch-up
contributions up to IRS limit
• 2014 up to $5,500
‒ Automatic enrollment
contribution is 4% after 30 days
of employment
Contributions
• Your contribution is generally made of
the following eligible earnings:
‒ Regular Pay
‒ PTO (sick/vacation)
‒ Overtime pay
‒ Commissions
‒ Bonus
Employer Match
• TeleTech will make a discretionary
match on a quarterly basis to eligible
employees with at least 6 months of
employment and who are
participating in the 401(k) plan.
‒ Match is $0.50 on the dollar
‒ Match is calculated on the first
6% of your average quarterly
contribution
Vesting
Your vesting determines whether you
are entitled to receive some or all of
your account balance when you leave
the company. Vesting does not affect
the value of your account, which is
based on contributions and investment
earnings/losses. You are always 100%
vested in your own contributions and
your rollover contributions into the plan.
Additional Information
Go to ASK HC and search the
knowledgebase for “401(k)” to
learn more about everything
discussed in this presentation
and more.
https://asknow.service-now.com/navpage.do