Achievement Award - St. Vincent's HealthCare

Achievement Award - St. Vincent's HealthCare Achievement Award - St. Vincent's HealthCare

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Be Informed Consolidating Your Retirement Accounts Looking for an easier way to manage your retirement savings? One account can make it easy! Why consolidate? When you consolidate multiple retirement accounts, you could save time, potentially reduce your costs, and improve how you manage your investing strategy. With a single account, it will be easier for you to take a cohesive approach to retirement planning, monitor how your investments are performing, and take any corrective measures to keep your strategy on track. It could also preserve access to your contributions through a loan from your 403(b) or 401(k) plan account. Note that plan loans are not permitted from 401(a) plan accounts. Let’s say your company is bought by another firm and your retirement accounts must be moved; or your employer moved the plan to a new service provider but your accounts stayed with the original service provider. Perhaps you’ve changed jobs but left your 401(k) or 403(b) account behind. You could easily end up with multiple accounts at different providers. Save time and paperwork All those statements and paperwork! How do you keep track of it all? Consolidating your accounts into a single account could substantially reduce your paperwork. And think about the time you could save with just one point of contact—one website and one phone number! Control fees and expenses You may be paying more than you have to if you’re maintaining multiple accounts. You should carefully review the fees and expenses you pay to see if consolidating your accounts could help reduce your costs. By reducing your costs, you’ll have more of your money working for you to build your nest egg faster. Manage your investing strategy With a consolidated account, you’ll have a clearer understanding of your total retirement portfolio and how your assets are allocated. You’ll know how your investments are performing without having to do elaborate calculations. This may make it easier to take action to improve your investing strategy. Create a withdrawal strategy for retirement Once you consolidate your retirement accounts, it will be much easier to arrange to receive retirement income from your account. You’ll appreciate the time savings. Simplify your estate planning Looking a little further down the road, picture how much easier it will be for you to arrange which assets go to each beneficiary, and how much simpler it will be for your heirs to manage the financial details of your estate, if your retirement assets are all together in one account. PT-3520-AH (05/10) ©Diversified Investment Advisors, Inc. Do you have questions about consolidating your accounts or questions about which types of rollovers your plan allows? Need help completing the paperwork? Contact your Diversified On-Site Representative, Jill Kelley, at 308-7780 for assistance, or call 877.346.7284 (select Option 2) to speak with a Participant Counselor for the Ascension Health Retirement Savings Plan. Participant Counselors are available Monday through Friday, 8 a.m. to 9 p.m. ET. In some cases, your prior provider may charge a surrender or withdrawal fee for transferring your account. Contact that provider to confirm if any fees or charges apply. Securities offered through Diversified Investors Securities Corp (DISC), 440 Mamaroneck Avenue, Harrison, NY 10528. Diversified and DISC are affiliated companies but not affiliated with Ascension Health. 6 SEPTEMBER 2010

Achievement Award, continued from page 1 According to the American Heart Association, about 5.7 million people suffer from heart failure. Statistics also show more than 292,200 people die of heart failure each year. St. Vincent’s celebration Support Services Liaison Joins SVMC By Kathie Ford Marketing and Communications On the job as St. Vincent’s Support Services Liaison for just over two months, Catie Jones is excited about each day’s opportunities to focus on patients’ experiences, St. Vincent’s Environmental Director Jonathon Tinkey welcomes Support Services Liaison Catie Jones. as they relate to the Housekeeping and Food and Nutrition departments. She says she goes home “so fulfilled” every day. Each day, Jones visits with new admits. “The patient interaction provides great customer service recovery opportunities,” she says. “We can understand and correct anything less than excellent.” “Even doing something small to improve a patient’s experience is important to the patients and many times it’s those things they remember,” Jones adds. As Jones visits with patients, she draws insight from past ministry experiences, including five years with Youth with a Mission and Mercy Ships ministries in Hong Kong, Mexico, Canada and the States. St. Luke’s celebration About Get With The Guidelines Get With The Guidelines ® is the American Heart Association/American Stroke Association’s hospital-based quality improvement program that empowers healthcare teams to save lives and reduce healthcare costs by helping hospitals follow evidence-based guidelines and recommendations. For more information, visit heart.org/quality. Welcoming an opportunity to talk with a staff member about their patient experience, patients might reference concerns outside housekeeping and meals. “My position complements the work of the clinical staff, by putting a finger on the pulse of patients’ experiences.” She adds, “We work together, as patients are the heart of our work.” St. Vincent’s Environmental Director Jonathon Tinkey says, “Our associates challenge themselves each day to fulfill our motto, CARES, which represents Compassion – Accountability – Respect – Enthusiasm – Service.” He adds, “Jones exemplifies that spirit every day!” SEPTEMBER 2010 7

Be Informed<br />

Consolidating Your<br />

Retirement Accounts<br />

Looking for an easier way to manage your retirement savings?<br />

One account can make it easy!<br />

Why consolidate?<br />

When you consolidate multiple retirement<br />

accounts, you could save time,<br />

potentially reduce your costs, and<br />

improve how you manage your investing<br />

strategy. With a single account, it<br />

will be easier for you to take a cohesive<br />

approach to retirement planning, monitor<br />

how your investments are performing,<br />

and take any corrective measures<br />

to keep your strategy on track. It could<br />

also preserve access to your contributions<br />

through a loan from your 403(b)<br />

or 401(k) plan account. Note that plan<br />

loans are not permitted from 401(a)<br />

plan accounts.<br />

Let’s say your company is bought<br />

by another firm and your retirement<br />

accounts must be moved; or your<br />

employer moved the plan to a new<br />

service provider but your accounts<br />

stayed with the original service<br />

provider. Perhaps you’ve changed<br />

jobs but left your 401(k) or 403(b)<br />

account behind. You could easily end<br />

up with multiple accounts at different<br />

providers.<br />

Save time and paperwork<br />

All those statements and paperwork!<br />

How do you keep track of it all?<br />

Consolidating your accounts into a<br />

single account could substantially<br />

reduce your paperwork. And think<br />

about the time you could save with just<br />

one point of contact—one website and<br />

one phone number!<br />

Control fees and expenses<br />

You may be paying more than you<br />

have to if you’re maintaining multiple<br />

accounts. You should carefully review<br />

the fees and expenses you pay to see if<br />

consolidating your accounts could help<br />

reduce your costs. By reducing your<br />

costs, you’ll have more of your money<br />

working for you to build your nest egg<br />

faster.<br />

Manage your investing strategy<br />

With a consolidated account, you’ll<br />

have a clearer understanding of your<br />

total retirement portfolio and how your<br />

assets are allocated. You’ll know how<br />

your investments are performing without<br />

having to do elaborate calculations.<br />

This may make it easier to take action<br />

to improve your investing strategy.<br />

Create a withdrawal strategy<br />

for retirement<br />

Once you consolidate your retirement<br />

accounts, it will be much easier to<br />

arrange to receive retirement income<br />

from your account. You’ll appreciate<br />

the time savings.<br />

Simplify your estate planning<br />

Looking a little further down the road,<br />

picture how much easier it will be for<br />

you to arrange which assets go to each<br />

beneficiary, and how much simpler it<br />

will be for your heirs to manage the<br />

financial details of your estate, if your<br />

retirement assets are all together in one<br />

account.<br />

PT-3520-AH (05/10) ©Diversified Investment<br />

Advisors, Inc.<br />

Do you have questions about<br />

consolidating your accounts or<br />

questions about which types of<br />

rollovers your plan allows? Need<br />

help completing the paperwork?<br />

Contact your Diversified On-Site<br />

Representative, Jill Kelley, at<br />

308-7780 for assistance, or call<br />

877.346.7284 (select Option 2)<br />

to speak with a Participant<br />

Counselor for the Ascension<br />

Health Retirement Savings Plan.<br />

Participant Counselors are<br />

available Monday through<br />

Friday, 8 a.m. to 9 p.m. ET.<br />

In some cases, your prior<br />

provider may charge a surrender<br />

or withdrawal fee for transferring<br />

your account. Contact that<br />

provider to confirm if any fees or<br />

charges apply. Securities offered<br />

through Diversified Investors<br />

Securities Corp (DISC), 440<br />

Mamaroneck Avenue, Harrison,<br />

NY 10528. Diversified and DISC<br />

are affiliated companies but not<br />

affiliated with Ascension Health.<br />

6 SEPTEMBER 2010

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