FDIC Savings Plan

summary plan
description
The FDIC
Savings Plan
Revised March 2005
TOTAL
BENEFITS
adding value to your life

HIGHLIGHTS
Plan Features Plan Provisions
Eligibility
Contributions
Age 50 Pretax
Catch-Up
Contributions
Vesting
Flexibility
Investments
Loans
Withdrawals
All full-time, temporary, and part-time employees
with a regularly scheduled tour of duty
Pretax salary deferral payroll deductions
Agency matching
Rollovers
Catch-up contributions
Acquiring ownership of the money in your
Employer Matching Account
Account exchanges
Contribution changes
25 investment choices plus a “mutual fund
window”
Borrowing funds from your own account
Events permitting
withdrawals
You may enroll in the Plan upon receipt of your enrollment kit from T. Rowe Price.
You will receive Agency matching contributions beginning with the thirteenth payroll
period after your initial employment with the FDIC, providing you are still an employee
and contributing to the Plan.
Contributions are made through salary deferral on a pretax basis and immediately
reduce your federal and, except for Pennsylvania, state income taxes. All investment
earnings are tax-deferred.
Once eligible, FDIC will match your salary deferral contributions dollar for dollar up
to 5% of your Adjusted Basic Pay.
The Plan accepts rollovers from other qualified plans.
Employees who reach age 50 by the end of the calendar year, and who contribute the
maximum salary deferral contributions allowed under the Plan and/or IRS rules, may
contribute through payroll deduction an additional sum to the Plan.
Contributions are on a pretax basis.
You are immediately vested 100% in your salary deferral contributions, your
age 50 catch-up contributions, and your rollover contributions and their associated
earnings. Based on your years in the Plan, you will be 20% vested in your Agency
matching contributions after two years, 50% after three years, and 100% vested after
four years.*
*Participants are 100% vested at termination, other than those terminated for cause,
during the period of downsizing beginning on September 5, 1993, and ending on the date
downsizing is complete as announced by the Corporation.
You may change your investment fund selection for future contributions and move your
investments to different funds daily (subject to any trading limitations stated in the fund
prospectus).
You may change or cancel the amount you contribute at any time.
The FDIC savings plan offers four “paths” to save for retirement. Included within these
paths are 25 different investment options managed by T. Rowe Price. You can choose
investments that best suit your personal long-term financial goals. Investments may also
be made through T. Rowe Price’s TradeLink® service.
Access Loan-by-Phone at 1-800-922-9945. Interest rates are based on T. Rowe Price’s
Summit Cash Reserves Fund’s seven-day dividend yield. Loan principal and interest
are repaid to your own account through payroll deduction.
Termination of employment, death, disability, retirement, financial hardship, age 59 1 ⁄2,
or after five years of participation.

TABLE OF CONTENTS
Eligibility.......................................................................................................................................................................1
Contributions.................................................................................................................................................................1
Vesting ..........................................................................................................................................................................5
Loan Features ................................................................................................................................................................6
Distributions During Employment .................................................................................................................................10
Distributions After Termination of Employment .............................................................................................................13
Death Benefit ...............................................................................................................................................................14
Taxation of Distributions...............................................................................................................................................15
Employee Actions.........................................................................................................................................................15
Investing Your Account.................................................................................................................................................16
Questions and Answers ................................................................................................................................................22
Important Addresses.....................................................................................................................................................29
How to Contact T. Rowe Price.......................................................................................................................................29
Page

ELIGIBILITY
All full-time, temporary, and part-time FDIC employees with a regularly scheduled tour of duty are eligible to enroll in the
Plan. Newly eligible employees must contact T. Rowe Price to enroll, following receipt of a T. Rowe Price enrollment kit.
Payroll deductions are effective for the pay period following enrollment.
IMPORTANT
Enrollment for the FDIC Savings Plan is not automatic. An employee must call T. Rowe Price at 1-800-922-9945 or visit the
myRetirementPlan Web site at rps.troweprice.com to enroll.
CONTRIBUTIONS
401(k) CONTRIBUTIONS ARE TAX-DEFERRED
Your contributions to the 401(k) FDIC Savings Plan are tax-deferred. Your contributions are deducted from your pay on a
pretax basis for purposes of federal income tax and state income tax in most states. 1 You save for the future and immediately
reduce your taxes by participating in the Plan. Until received by you as a distribution, all contributions made on your behalf,
plus earnings on these contributions, are tax-deferred.
Right of Corporation to Amend or Terminate the Plan
While it is the intention of the Corporation to continue the Plan indefinitely, the Corporation reserves the right to terminate
its contributions or modify, amend, or terminate the Plan in whole or in part at any time. You will be 100% vested in
the event of termination of the Plan.
1 Except in the state of Pennsylvania, where 401(k) contributions are subject to state income tax.
1

FOUR SOURCES OF CONTRIBUTIONS
Salary Deferral Contributions
You may defer from 1% to 10% (in increments of 1%) of your biweekly Adjusted Basic Pay. Your salary deferrals are
deducted from your pay on a pretax basis and are invested in the funds you selected for your Salary Deferral Account.
FDIC Matching Contributions
Beginning with the thirteenth payroll after your initial employment, and providing you are still an employee and participating
in the Plan, the Corporation will begin matching 100% of the first 5% of Adjusted Basic Pay deferred. The matching
contributions are contributed biweekly and held in your Employer Matching Account. The matching contributions are
invested in the same funds you selected for your Salary Deferral Account. Although you may choose to defer more than 5%
(up to a maximum of 10%), the FDIC will not match this additional amount.
Following the end of the plan year, a test is completed to ensure that FDIC Savings Plan participants received the full
amount of agency matching contributions in accordance with the Plan Document. If it is determined that a participant did
not receive the full amount of agency matching contributions, an agency catch-up contribution is made to the participant’s
FDIC Savings Plan account.
Qualified Rollovers
If you are an employee of FDIC who participated in a qualified retirement plan with a prior employer, you can exercise a
rollover of all taxable amounts payable to you from your former plan. Rollovers may be made either by direct transfer or
within 60 calendar days after you receive your distribution from the other plan. The Plan does not allow rollovers of aftertax
contributions or earnings thereon.
Age 50 Catch-Up Contributions
If you are an employee who is at least 50 years old at any time during the year, you may be eligible to defer, on a pretax
basis, additional contributions to your FDIC Savings Plan account. You must have first elected to defer the maximum salary
deferral contributions before you may elect to contribute these additional funds. In other words, you must either (1) elect
to contribute 10% to the FDIC Savings Plan, or (2) elect to contribute an amount to both the FDIC Savings Plan and the
Federal Thrift Savings Plan (TSP) that will allow you to reach the maximum IRS 401(k) annual dollar limit to both plans
before the end of the tax year. (See next section for details about the IRS 401(k) annual dollar limit.) The IRS limits Age 50
Catch-Up Contributions to $4,000 in 2005, with annual increases until the limit reaches $5,000 in 2006.
2

Restrictions on Contributions
• IRS 401(k) Annual Dollar Limit
There is a calendar year dollar limit on the amount you can contribute as salary deferrals for all plans in which you
participate. This includes the FDIC Savings Plan and the Federal Thrift Savings Plan, as well as any other plans to which
you contribute based on non-FDIC employment. For 2005, the IRS 401(k) dollar limit for salary deferral contributions is
$14,000. This limit will increase by $1,000 each year until it reaches $15,000 in 2006. Subsequent to 2006, increases will
be indexed for inflation at $500 a year, as announced by the IRS.
• Discrimination Test
Each year the FDIC Savings Plan must pass nondiscrimination tests for the employee and employer contributions made to the
Plan. These tests limit the salary deferrals and matching contributions allocated to highly compensated employees based on the
amount the non-highly compensated employees are allocated. (Highly compensated employees are generally employees
earning above a certain compensation each year [$95,000 for 2005]). Highly compensated employees who exceed the
limit will receive partial refunds of their salary deferrals for the year and may lose part of their employer matching contributions.
We recommend that highly compensated employees defer no more than 6% of their salary to help prevent
failing the nondiscrimination tests and deferral refunds.
• 415 Annual Additions Limit
The 415 Annual Additions Limit considers both your contributions, as well as the FDIC’s contributions, to the following:
• FDIC Savings Plan (but excluding Age 50 Catch-Up Contributions)
• Federal Thrift Savings Plan 2
• Civil Service Retirement System 2
• Federal Employees’ Retirement System 2
The limit for 2005 is $42,000. This annual limit is indexed for inflation in $1,000 increments, as announced by the IRS. As a
general guideline, the 415 Annual Additions Limit will not restrict your contributions to the FDIC Savings Plan and/or the
Federal Thrift Savings Plan in 2005.
2 Only your own contributions are considered annual additions.
3

Changes to Your Contributions
Once you enroll in the Savings Plan, you can change the percentage you are contributing as follows:
• You can cancel salary deferral contributions at any time. The cancellation will be effective the pay period after notifying
T. Rowe Price. If you cancel all contributions, you may start contributing again as of the first payroll period beginning
on or after 90 calendar days from the date you stopped contributions.
• You can increase or decrease your contributions at any time. The increase or decrease will be effective the pay period
after notifying T. Rowe Price.
• If eligible to elect Age 50 Catch-Up Contributions, you can elect to begin, increase, or decrease the pay period deduction
amount or cancel contributions at any time.
To change or cancel your contribution amount call the T. Rowe Price Plan Account Line at 1-800-922-9945 or visit T. Rowe
Price on the Internet at rps.troweprice.com.
Changes to Your Address
Notice of Address. Active employees are required to use Employee Express or the NFC Employee Personal Page (EPP) to
make a change to their home address. Once the change is processed through Employee Express or EPP, it will automatically
be updated with T. Rowe Price. Employees may access Employee Express via the FDICnet at www.employeexpress.gov or
the EPP at www.nfc.usda.gov. Separated employees should contact the T. Rowe Price Plan Account Line at 1-800-922-9945 to
change their home address. Any communication, statement, or notice addressed to such person at such address shall be
deemed sufficient for all purposes of the Plan, and there shall be no obligation on the part of the Employer, the
Committee, or the Trustee to search for, or to ascertain the location of, such person.
4

VESTING
Vesting is the process of acquiring ownership of the money in your Savings Plan Account. Vesting determines what percentage
of the account you own. You are always 100% vested in your Salary Deferral Account and your Rollover Account.
You will become vested in your Employer Matching Account according to the following schedule:
Years of FDIC/RTC Service Vested
While a Plan Participant 3 Percentage
Less than 2 years 0%
2, but less than 3 years 20%
3, but less than 4 years 50%
4 or more years 100%
3 Service for Plan participation begins with the effective date of your salary deferrals.
In addition to being 100% vested in your Salary Deferral Account and Rollover Account, you become 100% vested in your
Employer Matching Account upon the following events:
• Death while still employed.
• Total and permanent disability.
• Attainment of age 65.
• Participants affected by a partial Plan termination.
• Plan termination.
The vesting percentage shall be 100% for participants who terminate employment, other than those terminated for cause, during
the period of office closures or downsizing beginning on September 5, 1993, and ending on the date such closures or downsizing
have been completed as announced by the Corporation.
5

LOAN FEATURES
This Plan allows you to borrow vested funds from your account without incurring a tax liability. Loans thereby give you
greater access to your money, more flexibility in managing your money, and expanded opportunity to take advantage of
current tax laws while you save for your future.
Provisions of the FDIC Savings Plan Loan Program
How to Apply Loan-by-Phone. Call T. Rowe Price at 1-800-922-9945 to initiate a loan.
Eligibility You need a vested account balance of at least $1,000 and must be currently employed by FDIC.
Purpose There are no restrictions on the purposes for which the loan is used.
Minimum $1,000
Loan Amount
Maximum The maximum amount you may borrow is 100% of your vested account balance if that balance is
Loan Amount $10,000 or less. If your vested account balance exceeds $10,000, the maximum amount you may borrow is
$10,000 or 50% of your vested account balance, whichever is greater, but not to exceed $50,000 reduced
by the highest balance of any outstanding loan(s) from both the FDIC Savings Plan and the Federal TSP
during the prior 12 months.
Example: Your total vested account balance is $12,500. The greater of $6,250 (50% of $12,500) or
$10,000 is $10,000. Therefore, the maximum amount you can borrow is $10,000.
Example: On 4/15/2003 you borrow $30,000. On 4/14/2004 the outstanding loan balance is $25,000. On
4/15/2004 you want to borrow another $25,000. Can you? NO. The maximum you can borrow is $20,000
($50,000 - $30,000).
The maximum loan amounts apply to all loan programs sponsored by the Corporation. For this purpose,
the Federal Thrift Savings Plan Loan Program is treated as a loan program sponsored by FDIC.
6

Number of Loans The maximum number of outstanding FDIC Savings Plan loans that you may have at any one time is
two. In addition, there must be a 30-calendar-day waiting period from the time you pay off an existing
loan until the time you initiate a new loan.
Interest Rate Loan interest rates are based on T. Rowe Price Summit Cash Reserves Fund’s seven-day simple rate in
effect on the day you “phone a loan.” Interest you pay is credited to your account and is not tax-deductible,
even if the loan is for the purchase of a home.
Repayment of All loans, except those to be used toward the purchase of a primary residence, must be repaid in four
Loans years, with extensions up to a total of five years for missed payments. By law, all loans must be
repaid within five years. The only exception to this five-year payback requirement is when the loan
is for the purchase of your primary residence. 4 Loans may then be repaid within 15 years but may be
extended up to a total of 18 years for missed payments. The fifth year of a nonresidential loan and
the sixteenth, seventeenth, and eighteenth years for residential loans will be approved, consistent
with the provisions outlined on page 8 in the Missed Payments section. Extensions are granted only
when a period of missed payments is 90 calendar days or less. This could occur if you are on leave
without pay (LWOP). A request for a loan to help finance the immediate purchase of your primary
residence must be accompanied by a signed copy of the purchase agreement or construction contract.
Loan payments are made in substantially equal installments through biweekly payroll deduction; these
deductions will continue until the loan has been repaid. (On your Statement of Earnings and Leave,
your loan repayment will be shown under code 8850, TSP Loan Repay Non Fed.) 5 No partial payments
will be accepted, and no loan may be made for less than one year. You may repay the full balance of
an outstanding loan at any time or make additional payments in increments of the biweekly payroll
deduction amount. You must contact T. Rowe Price at 1-800-922-9945 to initiate a loan payoff, or visit
the Web site at rps.troweprice.com to obtain a form to make additional payments. A loan payoff will
generally take one to two pay periods to finalize. If a participant who obtains a loan from the Plan
subsequently performs service in the uniformed services (as defined in Chapter 43 of title 38, United
States Code), loan repayments shall be suspended during the period of military service.
4 Your primary residence can be a house, condominium unit in a cooperative housing corporation, townhouse, houseboat, or house trailer, but it must be used
as your principal residence. You are responsible for providing proof that the loan is for your primary residence. Documentation showing the sale or rental of
existing primary residence will be acceptable proof. Your primary residence must be purchased (in whole or part) by you. By law, you may use a residential
loan for constructing a new residence, but you may not use it to refinance an existing mortgage, to pay for renovation or improvements, to purchase a second
home, or to refinance or purchase a home or home improvements for other family members. Loans requested for these latter purposes will be subject to the
four-year repayment requirement.
5 Your loan payment will be deducted from your salary check every two weeks on an after-tax basis. This means that you have paid taxes (both federal and state) on
this amount. This differs from your regular contributions to the Savings Plan, which are taken from your gross pay before federal and state taxes are deducted.
7

Reamortization You may also request reamortization of a loan in order to shorten or lengthen the repayment schedule
within applicable time limits. When a loan is reamortized, you can only reamortize the outstanding loan
balance. Your loan balance remains the same, and the original interest rate is used. Your payments are
simply recalculated based on a new time frame or a new balance because of interest or missed payments.
Loans may be reamortized no more frequently than once in a 12-month period, with the 12-month cycle
commencing on the date a reamortization agreement is approved. If you wish to reamortize a loan, you
must contact the Benefits Hotline at 1-877-334-2111 or forward an e-mail to FDICCBASUSA.com so that a
new payment schedule, loan agreement, and payroll deduction authorization can be prepared.
Order of Money to satisfy a loan request is withdrawn in the following account order: Salary Deferral Account,
Withdrawal Employer Matching Account, and Rollover Account.
Order of Loan repayments are reinvested in accordance with the participant’s investment elections in effect at
Repayment the time of repayment. Loans are repaid by level deductions from your salary each pay period in
accordance with the loan amortization schedule.
Missed Payments Depending on the number of payments you miss and other factors:
• The loan payment schedule may be extended by the number of missed payments.
A loan repayment schedule can be extended only when a period of missed payments is 90 calendar
days or less (e.g., you are on LWOP for 60 calendar days). Each time this happens, your payment
schedule will be lengthened accordingly, up to five years for nonresidential loans and up to 18 years
for a primary residence loan. If you cannot repay your loan within the five-year or 18-year limit
(even if you are in a pay status and wish to reamortize), you will be required to take a taxable
distribution of your loan balance or repay it in full.
• The loan may be reamortized. When a period of missed payments is longer than 90 calendar days but
less than one year, you must reamortize your loan or repay the outstanding loan balance in full. If you
cannot repay the loan in full or reamortize it because reamortizing would cause loan repayment to
extend beyond the five-year or 18-year limit, you will be required to take the unpaid balance as a
taxable distribution. If you are in a nonpay status for more than one year, leave the Corporation, or
retire, you must repay the balance within 60 calendar days or otherwise default and take the
loan as a taxable distribution. If you die before the loan is repaid in full, the balance is treated as a
taxable distribution to your estate. A distribution due to death, received at or after age 59, or made
following retirement or other termination of employment after attainment of age 55 is not subject to
the additional 10% penalty tax for early withdrawal.
• The loan may be repaid in full.
8

• The loan will be declared in default and the unpaid balance treated as a taxable distribution. This
means that the loan balance is treated as taxable income in the year in which the distribution is
made. You are liable for income tax on the distributed amount and, except as noted above, possibly
an additional 10% tax penalty for early withdrawal. Note: The unpaid balance treated as a taxable
distribution cannot be rolled over.
Loan You may obtain a loan application packet by calling T. Rowe Price at 1-800-922-9945. T. Rowe Price
Application will send you a loan application, promissory note, and amortization schedule to complete and
Procedure return to T. Rowe Price. It normally takes T. Rowe Price one to three business days from receipt of
complete and accurate paperwork to issue a check. Before issuing a check, T. Rowe Price will verify
that the account(s) value from which the money is to be withdrawn is sufficient to cover the loan
amount. When you designate how much you want to withdraw for your loan, you must allow a
5% cushion to remain to account for any market fluctuation that may occur between the time of designation
and the actual redemption of fund shares. If there is still insufficient money available because of
market fluctuations, T. Rowe Price will notify you. You will then be given the opportunity to adjust your
loan amount accordingly.
Once the check is issued, your biweekly pay will be reduced to deduct your loan payments. Your first
loan payment will be reflected in your Statement of Earnings and Leave approximately two pay periods
after you receive your check.
Relationship A loan may be distinguished from an In-Service Withdrawal in that money taken as a loan is repaid
Of Loans to to your account with interest and is not subject to taxation. You may request an In-Service
In-Service Withdrawal in accordance with Plan criteria while you have outstanding loan balance(s). However, the
Withdrawal Savings Plan Committee will take into account the existence of outstanding loans in determining
whether a withdrawal is appropriate. Additionally, the maximum amount of such a withdrawal, if
approved, is limited to your total vested Employee Account balance less the outstanding loan
balance(s).
Legal Guardian Under certain circumstances, loans may be approved upon the request and signature of a participant’s
legally appointed conservator or guardian. For example, if an employee is involved in an accident that
renders him or her unable to prepare and sign a loan application, that employee’s legally appointed
conservator or guardian may act on his or her behalf in requesting a loan that qualifies under criteria
stipulated in this program. In such cases, the conservator or guardian will be required to present
acceptable evidence of his or her appointment in that capacity.
Amendments to The Savings Plan Committee may terminate this loan program or otherwise alter its provisions at any
Loan Program time. Further, under its general authority to make uniform and nondiscriminatory rules and regulations
for the administration and interpretation of the Plan, the Savings Plan Committee may make changes in
the provisions of this loan program whenever such changes are deemed to be in the best interest of the
Plan and its participants.
9

DISTRIBUTIONS DURING EMPLOYMENT
In-Service Withdrawals
In-Service Withdrawals are distributions to you while you are still employed by the FDIC. The Corporation created the
Savings Plan to provide retirement benefits for you. Since In-Service Withdrawals allow you to obtain your money early,
you should give serious consideration to your future financial situation before requesting an In-Service Withdrawal. No
more than two In-Service Withdrawals may be made during a single plan year.
A. In-Service (Non-Hardship) Withdrawals From Employer Matching Account and Rollover Account.
Once you have completed five years of participation in the Plan or attained age 591 ⁄2, you may withdraw all or
part of your vested account balance in your Employer Matching Account or your Rollover Account. The In-
Service Withdrawal can be made for any reason. However, the maximum amount you may withdraw is reduced
by the amount of any outstanding loan(s) from the Plan. Withdrawals from these accounts are included in your
taxable income in the year the withdrawal is made unless rolled over within 60 calendar days of receiving the
distribution. The withdrawal is subject to a 20% withholding tax unless you request a direct rollover. You are
subject to an additional 10% penalty tax unless you have attained age 591 ⁄2 at the time of distribution or you
roll over your distribution to an IRA or other qualified plan.
B. In-Service (Non-Hardship) Withdrawals From Salary Deferral Account and/or Age 50 Catch-Up Account.
Once you attain age 591 ⁄2, you may withdraw all or part of your account balance in your Salary Deferral Account
and/or Age 50 Catch-Up Account. The In-Service Withdrawal can be made for any reason. However, the maximum
amount you may withdraw is reduced by the amount of any outstanding loan(s) from the Plan. Additionally,
you must first withdraw all of your vested money in your Employer Matching Account and Rollover Account prior
to withdrawing from your Salary Deferral and/or Age 50 Catch-Up Accounts. Withdrawals from your Salary
Deferral and/or Age 50 Catch-Up Accounts are included in your taxable income in the year the withdrawal is made
unless rolled over within 60 calendar days of receiving the distribution. The withdrawal is subject to a 20% withholding
tax unless you request a Direct Rollover. 6
Request an In-Service (Non-Hardship) Withdrawal by contacting T. Rowe Price at 1-800-922-9945.
Hardship Withdrawals
The Internal Revenue Code establishes the specific criteria under which a Hardship Withdrawal is permitted. Under most circumstances,
you can apply for a Hardship Withdrawal of your vested funds regardless of your age or length of Plan participation.
Exception: Earnings on Salary Deferral contributions invested in the Plan on or after January 1, 1989, cannot be withdrawn.
This restriction does not apply to earnings on vested Employer Match contributions.
6 The maximum amount of an In-Service Withdrawal while a loan balance is outstanding is calculated based on all money in your employee account.
However, consistent with plan distribution requirements, you may only withdraw money from the vested portion of your Employer Matching Account.
10

All Hardship Withdrawal requests must satisfy the following two criteria:
1. There must be an “immediate and heavy” financial need. The determination of whether or not a particular
situation satisfies this requirement will be based on all relevant facts and circumstances surrounding the
request. However, requests for Hardship Withdrawals will be deemed “Safe Harbor” reasons and automatically
satisfy the “financial need” criterion if the money is to be used:
a. to pay for unreimbursed medical expenses for you, your spouse, your children, or other dependents;
b. to purchase (excluding mortgage payments) your principal residence;
c. to pay for tuition for the next semester or quarter of post-secondary education for you, your spouse, your
children, or other dependents; or
d. to prevent eviction from your principal residence or to prevent foreclosure on the mortgage of your principal
residence.
Requests for Hardship Withdrawals that do not automatically meet one of the above financial needs will be evaluated in
a uniform and nondiscriminatory manner, taking into account the particular circumstances of the request. Appropriate
documentation in support of the financial need should accompany the Hardship Withdrawal request. This includes copies
of medical bills, purchase and/or construction contracts for your principal residence, letters from colleges and universities,
and letters proposing eviction or foreclosure. If your request is not based on one of the above financial needs, you will
need to supply whatever document(s) you feel will help to justify a Hardship Withdrawal.
AND
2. It must be demonstrated that the financial need cannot be met through other resources reasonably available to
you. Your request may qualify under this criterion in one of two ways. (Please note that the second methodology
may only be used if your request for a financial Hardship Withdrawal is due to one of the four reasons described
under #1 above.)
A. You must be prepared to sign a statement that indicates that the need cannot be satisfied:
a. through reimbursement or compensation by insurance;
b. by reasonable liquidation of other assets (including assets of your spouse and/or minor children with the
exception of property held under an irrevocable trust or under the Uniform Gifts to Minors Act) to the
extent that such liquidation would not itself cause an immediate and heavy financial hardship;
c. by cessation of Salary Deferral contributions into the Plan;
d. by other plan distributions (i.e., In-Service Withdrawals or loans from the FDIC Savings Plan and/or the
Federal Thrift Savings Plan, if you are a participant of this latter plan); or
e. by borrowing from commercial sources on reasonable commercial terms.
B. If you choose not to reveal any information about other potential sources of funds, you may still satisfy this
criterion if you satisfy and/or agree to all of the following five conditions:
a. The distribution must be requested and documented based on one of the four “Safe Harbor” reasons
described above.
11

. The amount of the Hardship Withdrawal will not exceed the amount required to meet the need, with the
further stipulation that this amount may be reduced by the amount of any outstanding loan(s) you already
have from the Plan. However, you are allowed to gross up your Hardship Withdrawal by the amount of
any tax withholding required so that the amount you receive, net tax withholding, equals the amount of
Hardship Withdrawal you request;
c. All other available distributions and loans have been obtained from the FDIC Savings Plan and/or the
Federal Thrift Savings Plan if funds are available from the latter plan;
d. Salary Deferral contributions to the Plan will be suspended for six months following any Hardship
Withdrawals; and
e. Salary Deferral contributions to this Plan for the taxable year immediately following the taxable year of
the Hardship Withdrawal will be limited to the yearly applicable deferral limit established by the IRS
($14,000 in 2005) minus the amount of your Salary Deferral contributions for the taxable year of the
Hardship Withdrawal. For example, assume you made a Hardship Withdrawal on September 30, 2004.
Also assume you have $10,000 in your Salary Deferral account, of which $2,000 was contributed from
January 1, 2004, through September 30, 2004. You are suspended from the Plan from October 1, 2004,
through March 31, 2005. When you resume your Salary Deferral contributions on April 1, 2005, you will
be allowed to contribute no more than $12,000 ($14,000 “cap” minus $2,000 contributions in 2004) for
the remainder of the 2005 tax year.
The availability of funds via withdrawals or loans from the FDIC Savings Plan and/or the Federal TSP may be verified
prior to approval of the Hardship Withdrawal. If funds are available, withdrawals and/or loans up to the maximum amount
permissible from these sources will be required before any remaining amount will be approved for a Hardship Withdrawal.
This withdrawal will be considered taxable income for the year in which the withdrawal is made and is subject to a 20%
tax withholding. In addition, a 10% early withdrawal penalty may be applicable when you file your income tax return. If the
Hardship Withdrawal is subsequently granted, you will be subject to a 90-calendar-day suspension period from making salary
deferral contributions to this Plan if 2A is used, and a six-month suspension period if 2B is used.
Contact T. Rowe Price at 1-800-922-9945 to request a Hardship Withdrawal packet or visit the T. Rowe Price Web site at
rps.troweprice.com.
Qualified Domestic Relations Orders
Federal law permits the division of benefits under the Plan in certain domestic relations situations, such as those involving
divorce, alimony, or child support. A Qualified Domestic Relations Order, or QDRO, is an order issued by a court or state
administrative agency that allows the Plan to honor the allocation of benefits to your spouse or former spouse following
divorce or legal separation and to comply with federal laws restricting the assignment or alienation of such benefits.
Contact T. Rowe Price at 1-800-922-9945 or visit the Web site at rps.troweprice.com to request a court order kit.
12

DISTRIBUTIONS AFTER TERMINATION OF EMPLOYMENT
Benefit at Termination of Employment
If you terminate employment because you attain age 65, become totally and permanently disabled, 7 or die, you are automatically
100% vested in your account balances. If you terminate for any reason other than attaining age 65, total and permanent
disability, or death, you are entitled to the total amount credited to your Salary Deferral Account, including Age 50
Catch-Up Contributions, Rollover Account, and the vested portion of your Employer Matching Account. You vest in your
Employer Matching Account based on the table on page 5.
Any nonvested money is forfeited and used to supplement the Corporation’s future matching contributions.
The vesting percentage shall be 100% for participants who terminate employment, other than those terminated for cause,
during the period of office closures or downsizing beginning on September 5, 1993, and ending on the date such closures
or downsizing have been completed as announced by the Corporation.
Timing of Distribution Options
• Immediate. As soon as administratively possible following termination of employment. If your vested account
balance is $5,000 or less, you will receive an automatic cashout (even if you don’t elect to receive an immediate
distribution), unless you elect a direct rollover or elect to leave your vested account balance in the Plan.
• Any time prior to age 70 1 ⁄2.
• Age 70 1 ⁄2. You must start receiving a minimum distribution if you are not still employed by the FDIC.
Method of Payment
• Direct rollover to an IRA or other qualified plan.
• Direct rollover of part of your account balance and a distribution to you of the remaining balance.
• Lump sum. You receive your entire account balance in a single payment.
• If you retire under a federal retirement plan and are eligible for an immediate annuity from such plan, you have
the additional option of electing to receive your benefits in approximately equal monthly or annual installments
for a fixed period of between 10 and 15 years. Your account balance must be at least $5,000.
Upon termination of employment, you will receive a packet describing your options from T. Rowe Price within six weeks.
If you defer your distribution at termination of employment, you may continue to direct your investments by contacting
T. Rowe Price at 1-800-922-9945.
7
Total and Permanent Disability means a participant who has been awarded a disability pension under either the Social Security System, the Civil Service Retirement
System, or the Federal Employees Retirement System.
13

DEATH BENEFIT
If a participant dies while employed by FDIC, the participant becomes 100% vested in the Employer Matching Account.
The benefit payable to the beneficiary or beneficiaries equals the amount credited to the participant’s Salary Deferral, Age
50 Catch-Up, Employer Matching, and Rollover Accounts. Payment to the spousal beneficiary(ies) must be made within
five years from the participant’s date of death. For nonspousal beneficiaries, payment must be made within one year.
If a participant separates from the FDIC and elects the installment method of payment and dies before he or she receives
the entire account balance, remaining installments are paid to the beneficiary.
Beneficiary(ies)
A Plan participant may name a beneficiary to receive the amount that is due and payable from his or her FDIC Savings
Plan account in the event of death. It is only necessary to designate a beneficiary if you want payment to be made in a way
other than the order of precedence shown below:
Standard Order of Precedence
1. Your widow or widower;
2. Your child or children in equal shares;
3. Your parents in equal shares or the entire amount to your surviving parent;
4. Your estate;
5. Your next of kin under the laws of your state of domicile at the time of your death.
In the order of precedence, child includes a natural child and an adopted child, but does not include a stepchild;
parent does not include a stepparent, unless you have been adopted by the stepparent.
Keep your designation of beneficiary current. When your family status changes, such as marriage, divorce, or death, you
may want to change your beneficiary(ies).
To designate or change your beneficiary(ies), contact the T. Rowe Price Plan Account Line at 1-800-922-9945 or visit the
myRetirementPlan Web site at rps.troweprice.com to request a beneficiary designation packet.
14

TAXATION OF DISTRIBUTIONS
The contributions made for you and the growth of your accounts through earnings are not subject to taxation until withdrawn
from the Plan. These withdrawals or distributions are taxable income and are subject to a 20% withholding tax unless:
• Rolled over to an IRA or other qualified retirement plan, 403(b), or 457 plan, or
• Received in the form of an annuity, or in substantially equal payments, where the pay period is at least 10 years.
Early distributions are subject to a 10% penalty tax. However, there is no penalty tax if you roll over your distribution into an
IRA or other qualified plan. In addition, there is no 10% penalty tax if distributions are made for the following reasons:
• On or after the date on which you attain age 59 1 ⁄2;
• To your beneficiary or to your estate;
• Attributable to disability, regardless of age; or
• Following termination of employment after attainment of age 55.
Special Rule: A surviving spouse who is the beneficiary of a decedent’s qualified plan or IRA may roll over a distribution
into the surviving spouse’s own IRA. Any beneficiary other than the spouse may not roll over the distribution he or she
receives into a qualified plan or IRA.
EMPLOYEE ACTIONS
Call the T. Rowe Price Plan Account Line at 1-800-922-9945 or visit the Web site at rps.troweprice.com to perform the
following:
• Change or designate a beneficiary
• Request a termination withdrawal
• Request an in-service withdrawal
• Request a Hardship Withdrawal
• Initiate a loan payoff
• Perform a rollover of funds into the FDIC Savings Plan
• Enroll or reenroll in the plan
• Get account information
• Make a change to your account
• Request an account statement or investment literature
• Get fund prices and performance
• Get loan information
• Request or change your personal identification number (PIN)
To speak with a T. Rowe Price representative, call 1-800-922-9945 Monday through Friday, 7 a.m. to 10 p.m. eastern time.
For TDD access, call 1-800-521-0325.
15

INVESTING YOUR ACCOUNT
The FDIC Savings Plan offers you four ways to invest for retirement:
1. THE RETIREMENT DATED FUNDS PATH
2. THE LIFESTYLE PATH
3. THE CORE PATH
4. THE MUTUAL FUND WINDOW PATH
Please see the following brief descriptions. For more details about each of the options, please read the fund prospectus or
trust profile carefully before investing. Call 1-800-922-9945 to request a prospectus, which includes investment objectives,
risks, fees, expenses, and other information that you should read and consider carefully before investing.
1. THE RETIREMENT DATED FUNDS PATH—intended for the investor who wants a one-step, premixed, professionally
managed portfolio.
T. Rowe Price Retirement 2040, 2035, 2030, 2025, 2020, 2015, 2010, and 2005 Funds each seek the highest total return
over time by emphasizing both capital growth and income. Each fund is made up of a diversified portfolio of T. Rowe Price
mutual funds, which together consist of different proportions of stocks and bonds.
The FDIC Savings Plan has chosen to offer the Retirement Funds on an “all-or-none” basis. This means that when you
choose a Retirement Fund, all your future contributions and existing balances will be moved into that Retirement Fund.
You cannot mix the Retirement Funds with other investment options.
Here’s why: Because the investment strategy of the Retirement Funds is based on specific target dates, the funds are
intended to be one-step solutions. Once you have invested in one, you have a professionally managed and diversified
portfolio, as well as a time-driven investment strategy for retirement. Investing in additional funds may alter the single,
unified strategy of the Retirement Funds.
The performance and risks of each Retirement Fund will directly correspond to the performance and risks of the underlying
funds in which it invests. Because of their many underlying funds, the Retirement Funds have partial exposure to the risks
of many different areas of the market. All funds are subject to market risk, including possible loss of principal.
T. Rowe Price Retirement Funds decrease their equity exposure for 30 years after their target dates before arriving at the final
allocation of 80% bonds and 20% stocks. The investment program for each fund assumes a retirement age of 65; this is a
guideline only.
16

IMPORTANT: Before investing in the Retirement Funds, investors should carefully consider their own objectives, time horizon,
and risk tolerance, as well as their retirement needs and other sources of income.
T. Rowe Price Retirement 2040 Fund. This fund invests in a diversified portfolio consisting of about 90% stocks and 10%
bonds as of 02/27/04. Its allocation to bonds increases over time. The fund may be appropriate for those who are planning to
retire close to the year 2040. This fund will reach its final, most conservative allocation of approximately 20% stocks 30 years
after reaching its target date.
T. Rowe Price Retirement 2035 Fund. This fund invests in a diversified portfolio consisting of about 90% stocks and 10%
bonds as of 02/27/04. Its allocation to bonds increases over time. The fund may be appropriate for those who are planning to
retire close to the year 2035. This fund will reach its final, most conservative allocation of approximately 20% stocks 30 years
after reaching its target date.
T. Rowe Price Retirement 2030 Fund. This fund invests in a diversified portfolio consisting of about 90% stocks and 10%
bonds as of 02/27/04. Its allocation to bonds increases over time. The fund may be appropriate for those who are planning to
retire close to the year 2030. This fund will reach its final, most conservative allocation of approximately 20% stocks 30 years
after reaching its target date.
T. Rowe Price Retirement 2025 Fund. This fund invests in a diversified portfolio consisting of about 85% stocks and 15%
bonds as of 02/27/04. Its allocation to bonds increases over time. The fund may be appropriate for those who are planning to
retire close to the year 2025. This fund will reach its final, most conservative allocation of approximately 20% stocks 30 years
after reaching its target date.
T. Rowe Price Retirement 2020 Fund. This fund invests in a diversified portfolio consisting of 77.5% stocks and 22.5%
bonds as of 02/27/04. Its allocation to bonds increases over time. The fund may be appropriate for those who are planning
to retire close to the year 2020. This fund will reach its final, most conservative allocation of approximately 20% stocks 30
years after reaching its target date.
T. Rowe Price Retirement 2015 Fund. This fund invests in a diversified portfolio consisting of about 71% stocks and 29%
bonds as of 02/27/04. Its allocation to bonds and its emphasis on short-term bonds increase over time. The fund may be
appropriate for those who are planning to retire close to the year 2015. This fund will reach its final, most conservative allocation
of approximately 20% stocks 30 years after reaching its target date.
T. Rowe Price Retirement 2010 Fund. This fund invests in a diversified portfolio consisting of 65.5% stocks and 34.5% bonds
as of 02/27/04. Its allocation to bonds (particularly short-term bonds) increases over time. The fund may be appropriate for
those close to retirement. This fund will reach its final, most conservative allocation of approximately 20% stocks 30 years after
reaching its target date.
T. Rowe Price Retirement 2005 Fund. This fund invests in a diversified portfolio consisting of about 60% stocks and 40%
bonds as of 02/27/04. Its allocation to bonds (particularly short-term bonds) increases over time. The fund may be appropriate
for those close to retirement. This fund will reach its final, most conservative allocation of approximately 20% stocks 30 years
after reaching its target date.
17

T. Rowe Price Retirement Income Fund. This fund seeks the highest total return over time by emphasizing both capital
growth and income. It invests in a diversified portfolio consisting of about 60% bonds and 40% stocks. Like the other
Retirement Funds, the Retirement Income Fund will have exposure to the risks of many different areas of the market. It is
the most conservative of the T. Rowe Price Retirement Funds, and it is intended for retired investors who seek income and
relative stability from bonds and capital appreciation potential from stocks. The fund’s allocation to stocks is expected to
remain fixed over time.
2. THE LIFESTYLE PATH—intended for the novice investor who wants to choose just one investment option and stick
with it, while leaving the details of how to allocate his or her funds to the investment professionals.
T. Rowe Price Balanced Fund. For those who seek a balanced approach to achieving long-term capital growth as well as
income. Objective: long-term capital appreciation, income, and preservation of capital. Invests in: a diversified portfolio consisting
of approximately 60% common stocks and the balance in fixed-income securities and cash reserves. Risks/Other Information:
This fund offers a relatively conservative way to invest in stocks balanced with the income and greater
principal stability of bonds.
T. Rowe Price Capital Appreciation Fund. For those who seek long-term growth of capital and can accept the price declines
inherent in common stock investing but prefer a strategy that focuses on reducing risk as much as maximizing gains.
Objective: long-term capital growth. Invests in: common stocks believed by T. Rowe Price to be undervalued. Risks/Other
Information: The fund’s share price will be subject to declines if the undervalued stocks in which the fund invests are not
recognized by investors for an unexpectedly long time.
T. Rowe Price Personal Strategy Growth Fund. For those who seek to match their investment goals, time horizon, and
risk tolerance with an investment that diversifies across several different types of securities. Objective: long-term capital
appreciation and, secondarily, income. Invests in: approximately 80% stocks and 20% bonds and money market
securities. 8 Risks/Other Information: The high percentage of stocks in this fund’s portfolio exposes it to more risk than a
fund that is more broadly diversified among stocks, bonds, and money market securities.
T. Rowe Price Personal Strategy Income Fund. For those who seek to match their investment goals, time horizon, and
risk tolerance with an investment that diversifies across several different types of securities. Objective: income and, secondarily,
long-term capital appreciation. Invests in: approximately 40% stocks, 40% bonds, and 20% money market securities. 8
Risks/Other Information: The price of this fund should fluctuate less than that of a fund investing primarily in stocks, but
with less return potential.
8 Allocations can vary by 10% above or below these percentages.
18

3. THE CORE PATH—intended for the knowledgeable investor who wants to select an investment mix from the Plan’s
core offerings, while periodically evaluating it to make sure the investment mix continues to meet his or her needs.
Growth
T. Rowe Price Equity Index Trust. 9 For those who seek long-term capital appreciation and modest dividend income.
Objective: The trust seeks to replicate the total return of the entire U.S. equity market as represented by the S&P 500®
Index. 10 Invests in: To the extent practicable, the trust will invest in all 500 stocks composing the S&P 500 in proportion to
each stock’s weighting in the index. The trust may also invest in other securities and financial instruments as set forth in
the Declaration of Trust. Risks/Other Information: This trust will be subject to the same degree of fluctuation as the broad
U.S. stock market, and may be more volatile than a common trust fund or a mutual fund that can shift assets into stocks
based on market conditions or in response to trends in market sectors.
T. Rowe Price Growth & Income Fund. For those who seek long-term capital growth and income. Objective: long-term
capital growth and a reasonable level of income, with the prospect of increasing future income. Invests in: dividend-paying
common stocks that are believed by T. Rowe Price to have favorable prospects for price appreciation and increasing dividends.
Risks/Other Information: Because of its ability to employ both growth and value approaches in pursuit of long-term
capital appreciation, the fund may be somewhat more volatile than funds employing only a value approach.
T. Rowe Price Growth Stock Fund. For those who seek to build capital over the long term. Objective: to provide long-term
capital growth and, secondarily, increasing dividend income. Invests in: common stocks of well-established growth companies.
Risks/Other Information: This fund may be more volatile than a fund that invests in undervalued stocks, and it is subject
to the risk of currency fluctuation because of the foreign securities in its portfolio.
T. Rowe Price International Stock Fund. For those who seek high capital appreciation potential over time and greater
diversification for their equity investments, and who can accept the price declines associated with investing in stocks, as
well as the special risks that accompany international investing. Objective: long-term capital growth. Invests in: common
stocks of established, non-U.S. companies throughout the world. Risks/Other Information: This fund’s broad geographic
diversification should result in less risk than that of a fund that invests in only one country or region. Effective 1/1/05,
this fund will impose a redemption fee of 2% on shares held for 90 days or less.
9 The T. Rowe Price Equity Index Trust is not a mutual fund. It is a common trust fund established by the T. Rowe Price Trust Company under Maryland banking
law, and its units are exempt from registration under the Securities Act of 1933. Investments in the trust are not deposits or obligations of, or guaranteed by, the
U.S. government or its agencies or the T. Rowe Price Trust Company and are subject to investment risks, including possible loss of principal.
10 S&P 500 is a trademark of The McGraw-Hill Companies, Inc., and has been licensed for use by T. Rowe Price Trust Company. This trust is not sponsored, endorsed,
sold, or promoted by Standard & Poor’s, and Standard & Poor’s makes no representation regarding the advisability of investing in the trust.
19

Growth (cont.)
T. Rowe Price Mid-Cap Growth Fund. For those who seek greater potential for capital appreciation than is provided by
well-established companies and who are willing to incur the higher risk associated with somewhat aggressive investments
in mid-cap stocks. Objective: long-term capital appreciation. Invests in: mid-cap stocks offering the potential for above-average
earnings growth. Risks/Other Information: The fund focuses on companies with superior earnings growth potential that are
no longer considered new or emerging but are not yet well established. Mid-cap growth company stocks are generally
more volatile than stocks of large, well-established companies, but they offer the possibility of more rapid growth. Additionally,
mid-cap stocks tend to be less volatile and offer less return potential than small-company stocks.
T. Rowe Price New Horizons Fund. For those who seek substantial long-term rewards and can accept more abrupt or
unpredictable market movements than are associated with larger companies or the market in general. Objective: long-term
capital growth. Invests in: a diversified group of small, rapidly growing companies still in the early stages of their life cycles.
Risks/Other Information: Since small companies often have limited product lines, markets, or financial resources, this fund
involves more risk than a fund investing primarily in large, established companies. In addition, since this fund employs a
growth approach to small-cap investing, it involves more risk than a fund that invests in small, undervalued companies.
T. Rowe Price Science & Technology Fund. For those who seek an aggressive approach to long-term capital growth and can
accept the greater risk of loss inherent in investing in a single sector of the economy. Objective: long-term capital appreciation.
Invests in: common stocks of companies expected by T. Rowe Price to benefit from the development, advancement, and
use of science and technology. Risks/Other Information: The stocks in which this fund invests face special risks, such as
their products or services not proving commercially successful or becoming obsolete quickly. Therefore, this fund’s share
price will generally be more volatile than that of a fund investing across a wide range of industries.
T. Rowe Price Small-Cap Value Fund. For those who seek an aggressive, long-term approach to building capital and can
accept the higher price fluctuations inherent in small-stock investing. Objective: long-term capital appreciation. Invests in:
small-cap stocks that appear to be undervalued. Risks/Other Information: Since small companies often have limited product
lines, markets, or financial resources, this fund involves more risk than a fund investing primarily in large, established
companies. However, since the fund invests in small, undervalued companies, it should involve less risk than a fund
investing primarily in small-cap growth stocks, which may have greater return potential. Effective 1/1/05, this fund will
impose a redemption fee of 1% on shares held for 90 days or less.
T. Rowe Price Value Fund. For those who seek a moderately conservative approach to investing in stocks and who can
accept the risk of loss inherent in common stock investing. Objective: long-term capital appreciation, with income as a secondary
objective. Invests in: common stocks believed to be undervalued. Risks/Other Information: While large-company
stocks are expected to be predominant, the fund can also pursue attractive opportunities in the smaller-cap sectors. The
risk of price declines may be greater for this fund than for one that emphasizes high-dividend stocks but should be less
than for a fund emphasizing growth or small-cap stocks.
20

Income
T. Rowe Price High Yield Fund. For those who seek the highest level of current income and are willing to accept the possibility
of share price declines. Objective: high current income and, secondarily, long-term capital appreciation. Invests in:
lower-quality, long-term corporate bonds (commonly called “junk bonds”). Risks/Other Information: The bonds in which
the fund invests are at much greater risk of default and tend to be more volatile than higher-rated bonds. Effective 1/1/05,
this fund will impose a redemption fee of 1% on shares held for 90 days or less.
T. Rowe Price New Income Fund. For those who are willing to accept moderate risk to achieve a higher level of income
than is offered by money market or short-term bond funds. Objective: the highest level of income over the long term consistent
with preservation of capital. Invests in: income-producing, investment-grade debt securities. Risks/Other Information:
Because the fund has the ability to invest in longer-term securities, which are more vulnerable to changes in interest rates,
its share price may be more volatile than that of a fund investing solely in short-term securities.
Stability
T. Rowe Price Summit Cash Reserves Fund. For those who seek principal stability and can accept lower income than
longer-term investments typically provide. Objective: preservation of capital, liquidity, and the highest level of income consistent
with these goals. Invests in: high-quality money market securities whose average maturity will not exceed 90 days.
Risks/Other Information: An investment in this fund is not insured or guaranteed by the FDIC or any other government
agency. Although the fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose
money by investing in the fund.
4. THE MUTUAL FUND WINDOW PATH 11 —intended for the experienced and more aggressive investor who is willing to
assume potentially greater risk by investing a portion of his or her assets in options beyond the FDIC Savings Plan’s core
options through T. Rowe Price’s TradeLink® self-directed brokerage service. You’re permitted to invest up to the lesser
of 100% of your pretax salary deferral balance or 35% of your total account balance minus any outstanding loan
balance in TradeLink investments. For more information about TradeLink or to order an application kit, please call
1-800-922-9945.
All existing FDIC ethics requirements regarding prohibitions on purchase, control, and ownership of certain securities
(as well as sanctions for violating such requirements) apply to transactions made through the TradeLink mutual fund
window. These ethics requirements have not changed as a result of instituting TradeLink. Therefore, current FDIC
employees, their spouses, or their minor children may not acquire, own, or control, directly or indirectly, a security of
an FDIC-insured depository institution, or affiliate of an FDIC-insured depository institution, unless otherwise permitted
in accordance with 5 CFR § 3201.103(b). Current FDIC employees are responsible for researching any security or mutual
fund, prior to its acquisition, to ensure that it is consistent with this regulation. Information useful in this research is
available at the Ethics On Line Web page on the FDIC Intranet.
11
In using the TradeLink® self-directed brokerage service, plan participants must acknowledge that they are fully responsible for selection and monitoring of any
mutual funds they invest in through this service. They must also acknowledge that the FDIC Savings Plan Committee has not reviewed any of the mutual
funds available through TradeLink, or made any determination as to any fund's suitability as an investment for a retirement plan participant.
21

QUESTIONS AND ANSWERS
1. WHAT ARE THE ELIGIBILITY REQUIREMENTS?
You must be an FDIC employee with a regularly scheduled tour of duty to make salary deferral contributions.
2. WHAT ARE THE ADVANTAGES OF
PARTICIPATING IN A 401(k)?
• Unique opportunity to save and invest for your future
• Immediate reduction of current income tax liability
• Agency matching contributions
• Taxes deferred on all investment earnings
• Convenient payroll deductions
• Loan provisions
3. HOW ARE CONTRIBUTIONS MADE TO THE PLAN?
Salary Deferral Contributions: You elect to contribute a whole percentage (not to exceed 10%) of your annual
Adjusted Basic Pay on a pretax basis. This contribution is then deducted from your pay and placed in your
account biweekly.
Employer Matching Contributions: The Agency matches—dollar for dollar—the first 5% of your Adjusted Basic
Pay contributed as salary deferral contributions to the Plan. Matching contributions begin the first payroll period
coinciding with or following the date on which you have completed six months of continuous service, providing
you are still an employee.
Age 50 Catch-Up Contributions: Individuals age 50 and older are allowed to make annual catch-up contributions.
The IRS limits these contributions to $3,000 in 2004, with annual increases of $1,000 until the limit reaches $5,000
in 2006.
4. MAY I CHANGE MY SALARY DEFERRAL
CONTRIBUTION AMOUNT?
You may change or cancel your contribution at any time. To restart your contributions after a cancellation, 90
calendar days must elapse after you cancel. You may enroll by contacting T. Rowe Price directly at 1-800-922-9945 or
by visiting the myRetirementPlan Web site at rps.troweprice.com.
22

5. MAY I MAKE CHANGES IN MY INVESTMENT MIX?
Yes. You may change your investment fund selection for future contributions and move existing investments to
different funds daily (subject to any trading limitations stated in the fund prospectus). To do so, call T. Rowe Price
at 1-800-922-9945 between 7 a.m. and 10 p.m. eastern time, or visit the T. Rowe Price Web site at
rps.troweprice.com.
6. IF I CHOOSE THE RETIREMENT DATED FUNDS PATH,
MAY I INVEST IN MORE THAN ONE FUND?
No, you can only invest in one Retirement Fund at a time. Therefore, if you choose this path, all of your future
contributions and existing balances will be moved into the Retirement Fund you choose. Because the Retirement
Funds are designed as one-step, complete portfolios, there is no need to mix and match them with other options.
To do so would undermine the purpose for which the funds were designed.
7. HOW CAN I OBTAIN INFORMATION ON
T. ROWE PRICE MUTUAL FUNDS?
• Each calendar quarter, you will receive a statement from T. Rowe Price that reflects your account activity. The
statement indicates the dollar and share value of each invested fund as of the calendar quarter-end.
• You can call 1-800-922-9945 or visit the T. Rowe Price Web site at rps.troweprice.com for fund performance
and information. To speak with a T. Rowe Price representative, call the 800 number and press #, then 0.
• In the mutual funds pages of major newspapers’ business sections, you can find your funds listed under “Price
Funds.” The Equity Index Trust is not a mutual fund, and will not be listed in the newspaper. You can obtain
performance for this fund by calling T. Rowe Price.
8. IF I PARTICIPATE IN THIS PLAN, MAY I ALSO
MAKE CONTRIBUTIONS TO THE FEDERAL
THRIFT SAVINGS PLAN?
Yes. Provided you meet the eligibility requirements for the Federal Thrift Savings Plan (TSP), you may participate
in both the FDIC Savings Plan and the TSP. (See next question.)
23

9. IS THERE A LIMIT TO THE AMOUNT I CAN CONTRIBUTE
TO THE FDIC SAVINGS PLAN AND THE FEDERAL TSP?
Yes. There are three limits. The smallest of the limits determines the amount you can contribute.
• IRS annual salary deferral dollar limit for all the plans in which you contribute,
• Savings Plan nondiscrimination test limit, and
• IRS Code Section 415 Annual Additions Limit.
In each calendar year, there is a dollar limit on the amount you can contribute as salary deferrals for all the
plans in which you participate. Each January the IRS announces the dollar limit. For 2005, the IRS salary deferral
dollar limit is $14,000. The sum of the salary deferrals you contribute to the FDIC Savings Plan and the Federal
Thrift Savings Plan cannot exceed $14,000 for 2005; and $15,000 for 2006, after which the annual contributions
will be indexed for inflation and increase in $500 increments, as announced by the IRS. These contribution limits
do not include Age 50 Catch-Up Contributions.
Each year the FDIC Savings Plan must pass nondiscrimination tests based on employee and employer contributions.
These tests limit the salary deferrals and matching contributions allocated to highly compensated employees
based on the amount the nonhighly compensated employees are allocated. Highly compensated employees are
employees earning above a certain compensation each year ($95,000 for 2005). Any highly compensated
employees who exceed the test limit will receive partial refunds of their salary deferrals for the year and may lose
part of their employer matching contributions. We recommend that highly compensated employees defer no more
than 6% of their salary to help prevent deferral refunds.
Each year the IRS limits the maximum employee and employer contributions that employees can receive from all
the retirement plans in which they participate. The limit for 2005 is $42,000. This annual limit is indexed for
inflation and increases in $1,000 increments, as announced by the IRS. As a general guideline, the 415 Annual
Additions Limit will not restrict your contributions in 2004 through 2006 unless you contribute additional monies
to the Federal Thrift Savings Plan as a military reservist.
10. MAY I BORROW MONEY FROM MY 401(k) ACCOUNT?
Yes. You may borrow directly from your account, provided you meet the loan eligibility criteria. Although interest will
be charged for borrowing your funds, both the principal and interest are paid back to your own account.
To apply for a loan, call T. Rowe Price at 1-800-922-9945. You will need your PIN and Social Security number to
apply for a loan.
24

11. WHEN MAY I WITHDRAW MONEY FROM
MY 401(k) ACCOUNT?
When you:
• Leave FDIC employment
• Retire
• Attain age 59 1 ⁄2
• Complete five years of participation. You can only withdraw monies from your Employer Matching and Rollover
Accounts under this criterion.
• Qualify for financial hardship
12. ARE THERE ANY TAX PENALTIES FOR WITHDRAWALS?
Yes. See the “Taxation of Distributions” section of this booklet.
13. HOW CAN I RECEIVE MY DISTRIBUTION?
• Direct rollover to an IRA or other qualified plan, unless withdrawal is for financial hardship.
• Direct rollover of part of the withdrawal and distribution to you of the remainder, unless withdrawal is for
financial hardship.
• Lump sum. You receive your entire withdrawal in a single payment.
• If you retire under a federal retirement plan and are eligible for an immediate annuity from such plan, you have
the additional option of electing to receive your benefits in annual, approximately equal installments for a fixed
period of between 10 and 15 years. Your account balance must be at least $5,000.
Note: Financial Hardship Withdrawals are not eligible for rollover to an IRA or other qualified plan.
14. ARE THERE DEATH BENEFITS?
Yes.
• If you die while employed, your beneficiary is entitled to 100% of all your accounts maintained in the FDIC Savings
Plan.
• If you die after termination of employment, your beneficiary is entitled to only the vested portion of your account.
• If you die while receiving installment payments, your beneficiary continues to receive the remainder of the installment
payments due you.
Otherwise, distribution is made in a lump sum.
25

15. WHY MUST I COMPLETE A “DESIGNATION OF
BENEFICIARY FORM”?
It is necessary for you to complete a beneficiary form in the event that you don’t have a beneficiary designation on
file. If you don’t have a beneficiary designation on file, then the following standard order of precedence will apply:
• Your widow or widower;
• If no widow or widower, then equally to your child(ren) and/or descendants of deceased child(ren), by representation;
• If none of the above, to your parents or surviving parent;
• If none of the above, to your estate;
• If none of the above, to any other of your next of kin who is entitled under the laws of domicile on the date of
your death.
In the order of precedence, child includes a natural child and an adopted child, but does not include a stepchild;
parent does not include a stepparent, unless you have been adopted by the stepparent.
16. WHICH ARE THE BEST INVESTMENT FUNDS FOR ME?
The FDIC is not in a position to make investment decisions for its employees. There is some risk involved with
investments; therefore, each participant is encouraged to review each fund’s prospectus and to make his or her
own investment selection or to obtain advice from a financial planner or adviser.
17. IF I PARTICIPATE IN THIS PLAN, MAY I
ALSO MAKE CONTRIBUTIONS TO ANY
INDIVIDUAL RETIREMENT ACCOUNT (IRA)?
Participation in this Plan does not preclude your making annual contributions to an IRA; however, the tax laws
may limit the deductibility of your IRA contributions. The rules applying to IRA contributions are:
Anyone with wages can contribute up to $3,000 annually (for 2002–2004) to an IRA and defer taxes on the earnings.
Individuals age 50 and over are permitted to make additional contributions to an IRA in the amount of $500 per year
(for 2002–2005).
Contributions to an IRA are fully deductible from income for federal tax purposes only if:
• Neither you nor your spouse is covered by a retirement plan (this includes Civil Service and the Federal
Employees Retirement Systems);
OR
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• Your adjusted gross income is $25,000 or less per year on a single return or $40,000 or less on a joint return. If
your adjusted gross income is between $25,000 and $35,000 on an individual return, or between $40,000 and
$50,000 on a joint return, you may still qualify for a partial deduction.
Your IRA provider can give you additional information about the way IRA rules may apply to your situation.
18. WHAT IS A ROLLOVER?
A rollover is a transfer of funds from one qualified retirement plan to another qualified retirement plan. By exercising
a rollover, your distribution is exempt from withholding taxes and early withdrawal penalties.
19. WHO IS ELIGIBLE FOR A ROLLOVER?
If you participated in a qualified 401(k), 401(a), 403(a), 403(b), or 457 plan with a previous employer, you are eligible
to roll over the pretax and matching contributions (no after-tax contributions) from your previous plan into the FDIC
Savings Plan.
20. WHAT ARE THE ADVANTAGES OF A ROLLOVER?
Two advantages quickly come to mind:
• You can actively invest your rollover funds in the FDIC Savings Plan.
• You can also take a loan against your rollover funds and pay back the loan through payroll deduction.
21. WHAT IF MY PREVIOUS EMPLOYER REQUIRED
THAT I TAKE MY 401(k), 403(b), OR 457 FUNDS OUT OF THEIR
PLAN WHEN I RESIGNED?
To roll over 401(k), 403(b), or 457 plan funds into the FDIC Savings Plan, you must comply with the following:
First, when you withdraw the balance of your previous plan, you must put those funds into a Rollover IRA or
other qualified plan within 60 calendar days of receiving the distribution. If your previously withdrawn funds were
placed in a Rollover IRA or other qualified plan within 60 calendar days of receipt of the initial distribution, those
funds may be eligible to be rolled over into the FDIC Savings Plan.
Second, the funds must not be commingled with any other funds.
And, third, if you remove the funds from the Rollover IRA, you must ensure that they are rolled over directly into
the FDIC Savings Plan within 60 calendar days.
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22. HOW ARE MY ROLLOVER FUNDS TREATED
IN THE FDIC SAVINGS PLAN?
The amount you roll over will be credited to your Rollover Account. You can direct the investment of these funds,
and your Rollover Account funds are fully vested at all times. 22. WHEN CAN I ROLL OVER MY FUNDS?
You can roll over your funds even if you are not yet a participant, provided that you are a full-time, temporary,
or part-time employee with a regularly scheduled tour of duty and will be eligible to participate in the FDIC
Savings Plan.
23. CAN I BORROW FROM MY ROLLOVER ACCOUNT?
Yes, subject to all existing loan provisions. However, in the event of retirement or termination of employment, loan
balances that remain unpaid are deemed loans in default and may be taxable income for that year. If you are not age
55 at termination, you are liable for an additional 10% tax penalty for early withdrawal. To avoid having an unpaid
loan deemed taxable income, you may repay the loan in a lump sum within 60 calendar days after retirement or termination
of employment. See page 6 for loan provisions.
24. HOW DO I ROLL OVER MY FUNDS INTO
THE FDIC SAVINGS PLAN?
Contact T. Rowe Price at 1-800-922-9945 to request a Rollover Kit.
25. WILL THE FDIC SAVINGS PLAN ACCEPT
A DIRECT ROLLOVER?
Yes. A direct rollover occurs where the monies are transferred directly from one qualified plan to another qualified
plan. With a direct rollover, there is no intermediate step in which you receive a check and then deposit the check
into another qualified plan.
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IMPORTANT ADDRESSES
Plan Administrator’s Address Federal Deposit Insurance Corporation
Savings Plan Committee
3501 N. Fairfax Drive
Room 1015
Arlington, VA 22226
Trustee’s Address T. Rowe Price
4515 Painters Mill Road
Owings Mills, MD 21117
HOW TO CONTACT T. ROWE PRICE
Call the T. Rowe Price Plan Account Line at 1-800-922-9945 or visit the T. Rowe Price myRetirementPlan Web site at
rps.troweprice.com.
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Notes
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F-02057-27
OCB93-FDEN 3/05