[All_staff] TIAA-CREF 401(k) GSRA Open Enrollment is Underway

[Joshua Cameron]

*_TIAA-CREF 401(k) GSRA Open Enrollment is Currently Underway. _*

The 401(k) Group Supplemental Retirement Annuity (GSRA) Open enrollment 
for calendar year 2011 is being offered from _*December 8, 
2010**through* _*_December 15, 2010_.

*

You can access the 401(k) GSRA on-line enrollment link by clicking on 
the link below or you can go to JLab's Insight page, under Spotlight News.
https://mis.jlab.org/mis/apps/hr/gsra_enrollment/index.cfm


*DO YOU NEED TO ENROLL?*

    * If you wish to contribute greater or less than 5% of your salary
      or opt-out of this program, you must enter the on-line system no
      later than close of business (5:00pm) on _December 15^th _.


*WHAT HAPPENS IF YOU DON'T ENROLL?*

    * If you *_do not_* enter the on-line system prior to close of
      business (5:00pm) on Wednesday, December 15^th , you will be
      automatically enrolled in the default employee 5 % contribution
      plan that is based on your current salary.

*_Important Updates_*:

*2011 Contribution Limits - IRS 401(k) maximum contribution limits 
remained unchanged from 2010:*

    * Voluntary Employee Contributions - $16, 500
    * Catch-Up (50+ years of age) - an additional $5,500


If you have questions, please contact Treva Ferguson (x 7291) or Doug 
Roeder (x 7576).  You can change your contribution amount any time 
during the year by submitting a new Salary Reduction Agreement form. The 
forms are located in Human Resources.

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