International Longshoremen's Association, AFL-CIO
ILA Local 1624
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HRSA-ILA Savings and Annuity Plan (a 401k plan)
MassMutual Log in Page HRSA-ILA Member Log In Here To log in you must have an account and a PIN number.
Send Email To MassMutual, Request New PIN, Or Other Information
MassMutual Frequently Asked Questions Page Here Account and a PIN Number Not Required.
HRSA-ILA Summary Plan Discription For Savings & Annuity Plan
HRSA-ILA Savings & Annuity Plan Frequently Asked Questions
HRSA-ILA Savings & Annuity Plan Voluntary Contribution Limits for Tax Year 2001 through 2009
Tax forms and publications for retirement plans, are available in the Tax Section of this site.
Research ILA Savings & Annuity Plan Investment Options
Mass Mutual Premier Investments Prospectus.
Mass Mutual Select Investments Prospectus.
This MassMutual Investment Information Is Current As Of 01/01/09, And Is Subject To Change Without Notice.
You Do Not Have To Log In, Or Have A PIN, To Download This Information.
MassMutual Log in Page HRSA-ILA Member Log In Here To log in you must have an account and a PIN number.
HRSA-ILA Board Of Trustees
1355 International Terminal Blvd
Norfolk Va 23505-1458
757-423-3090 IVR
757-457-7090
800-899-3090
757-423-1227 Fax
757-423-3378 Fax
HRSA-ILA Summary Plan Discription For Pension Plan
HRSA-ILA Pension Frequently Asked Questions
IVR Map Page 1 HRSA-ILA Interactive Voice Response System Map.
IVR Map Page 2 HRSA-ILA Interactive Voice Response System Map.
ILA Members May Eligible To Take Tax Credit For Contributions To HRSA-ILA Savings & Annuity Plan.
IRS Tax Topic 610. With The Passage Of The Pension Protection Act, The Savers Tax Credit Has Been Made Permanent. ILA Members Can Take A Credit Of Up To $2000 For Contributions To The HRSA-ILA Savings And Annuity Plan.
This Credit Is In Addition To Other Tax Benefits Which May Result From Voluntary Contributions To The HRSA-ILA Savings And Annuity Plan. Contributions To A 401(K) Plan Are Not Subject To Income Tax Until Withdrawn.
The Retirement Savings Contributions Credit Applies To Individuals With Incomes Up To $25,000 ($37,500 For A Head Of Household) And Married Couples, Filing Jointly With Incomes Up To $50,000. This Is Subject To Revision For Inflation In The 2006 Tax Year.
For more information, review IRS Publication 590 Individual Retirement Arrangements (IRAs) and Form 8880 , Credit For Qualified Retirement Savings Contributions Which Include The Instructions. The Publication And Forms Can Be Downloaded At IRS.Gov Or Ordered By Calling 1-800-TAX-FORM (1-800-829-3676).
ILA Members Are Subject To Additional Tax When Taking Early Retirement.
To Discourage The Use Of Pension Funds For Purposes Other Than Normal Retirement, The Law Imposes An Additional 10% Tax On Certain Early Distributions Of These Funds. Early Distributions Are Those You Receive From A Qualified Retirement Plan Or Deferred Annuity Contract Before Reaching Age 59 1/2. For More Information, Review IRS Tax Topic 558 Tax on Early Distributions from Retirement Plans and Publication 575 Pension and Annuity Income.
ILA Members Could Be Subject To Additional Tax When Taking Rollovers Or Lump Sum Distributions
From Pension Plan Or
Savings & Annuity Plan.
A Rollover Occurs When You Withdraw Cash Or Other Assets From One Eligible Retirement Plan And Contribute All Or Part Of It Within 60 Days To Another Eligible Retirement Plan. This Transaction Is Not Taxable But It Is Reportable On Your Federal Tax Return. You Can Roll Over Most Distributions Except For:
1. The Nontaxable Part Of A Distribution, Such As Your AfterTax Contributions To A Retirement Plan (In Certain Situations After Tax Contributions Can Be Rolled Over),
2. A Distribution That Is One Of A Series Of Payments Based On Your Life Expectancy Or The Joint Life Expectancy Of You And Your Beneficiary Or Paid Over A Period Of Ten Years Or More,
3. A Required Minimum Distribution, Or
4. A Hardship Distribution.
For Further Information About Rollovers And Transfers, Refer To Publication 575 .
ILA Members Are Subject To Income Limitations For Traditional And Roth IRAs In 2007 Tax Year.
Traditional IRAs: Full Deductibility Of 2007 Contributions For Active Participants In A Retirement Plan Whose Modified Adjusted Gross Income (MAGI) Is $83,000 Or Less (Joint) And $52,000 Or Less (Single); Partial Deductibility For Up To $130,000 (Joint) And $83,000 (Single).
Roth IRAs: No Restrication For Participating In An Employer-Sponsored Retirement Plan. MAGI Limits To Be Eligible For A Full Contribution: Up To $99,000 For Singles, Up To $156,000 For Joint Filers. MAGI Limits To Be Eligible For A Partial Contribution: $99,001 To $114,000 For Singles; $156,001 To $166,000 For Joint Filers. Income Limitations for Roth IRAs Apply To All Taxpayers.
Information on IRA Contribution Limits Here. For more information, review IRS Publication 590 Individual Retirement Arrangements (IRAs)
Tax Forms:
Links To Download Tax Forms And Publications Are Available In The Tax Section Of This Site.
Contribution Limits:
IRA Contribution Limits for Tax Years 2006, 2007 and 2008.
Investment Frequently Asked Questions
401k Catch Up Contributions Explained
Analyze Now Good Questions & Answers. Be Sure To Check Out Thier Caculators.
Livving To 100. The Living to 100 Life Expectancy Calculator uses the most current and carefully researched medical and scientific data in order to estimate how old you will live to be. Most people score in their late eighties... how about you? The calculator asks you 40 quick questions related to your health and family history, and takes about 10 minutes to complete.
401k Helpcenter Good Questions & Answers. Be Sure To Check Out Thier Caculators.
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Payroll Deduction Calculator. Use This Calculator To Help You Determine The Impact Of Changing Your Payroll Deductions.
You Can Enter Your Current Payroll Information And Deductions, And Then Compare Them To
Your Proposed Deductions. Try Changing Your Withholdings, Filing Status Or 401k Retirement
Savings And Let The Payroll Deduction Calculator Show You The Impact On Your Take Home
Pay. This Calculator Has Been Updated To Use The New Withholding Schedules For 2006.
401(k) Savings
Calculator. A 401(k) can be one of your best tools for creating a secure retirement.
It provides you with two important advantages. First, all contributions and earnings to
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Retirement Contribution Effects on Your Paycheck
A Employee Sponsored Retirement Savings Account Can Be One Of Your Best Tools For Creating
A Secure Retirement. It Provides You With Two Important Advantages. First, All
Contributions And Earnings Are Tax Deferred. You Only Pay Taxes On Contributions And
Earnings When The Money Is Withdrawn. Second, Many Employers Provide Matching
Contributions To Your Account, Which Can Range From 0% To 100% Of Your Contributions. Use
This Calculator To See How Increasing Your Contributions To A 401(K), 403(B) Or 457 Plan
Can Affect Your Paycheck As Well As Your Retirement Savings. This Calculator Has Been
Updated To Use The New Withholding Schedules For 2006.
Hourly Paycheck Calculator. Use This Calculator To Help You Determine Your Paycheck For Hourly Wages. First, Enter
Your Current Payroll Information And Deductions. Then Enter The Hours You Expect To Work,
And How Much Your Are Paid. You Can Enter Regular, Overtime And One Additional Hourly
Rate. This Calculator Has Been Updated To Use The New Withholding Schedules For 2006.
Over 250 Financial Caculators Are Available, In Addition To The 4 Above,
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Amount Saved Calculator Use this calculator to compute the total
amount you would be able to save.
In Depth Financial Caculator Requires Registeration, Free.
Analyze Now Free And Paid Caculators That Run In MS Excel 97 or later.
Financial Planning Toolkit Caculators This Page Has Calculators For Mortgage, Credit Cards,
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GovBenefits.gov Your Benefits Connection
The following forms are in .pdf format which can be opened only
by Adobe Acrobat. If you do not currently have Adobe Acrobat or
Acrobat Reader on your computer you can obtain a free copy of
Acrobat Reader by clicking on the yellow button below. Follow the
instructions that are on Adobe's page. Once you have Acrobat
Reader on your computer, click on the link for the form. They
will download to your computer automatically.
All HRSA-ILA Forms
Form-Annuity-1 HRSA-ILA Annuity & Savings Plan, Participant New Enrollment
Form-Annuity-2 HRSA-ILA Annuity & Savings Plan, Deferred Salary Agreement
Form-B1 HRSA-ILA Beneficiary Designation For All Funds, Primary & Secondary Beneficiary
Form-B2 HRSA-ILA Non-Spouse Beneficiary Designation, For Pension & Annuity Benefit Plan Only
Form-B3 HRSA-ILA Annuity & Savings Plan Beneficiary Designation or Change
Form-D1 HRSA-ILA Pension Or Medicare Direct Deposit Form
Form-D3 HRSA-ILA Authorization To Cancel Direct Deposit
Page 1 HRSA-ILA Interactive Voice Response System Map
Page 2 HRSA-ILA Interactive Voice Response System Map This Page Last Updated On 01/06/09, And Is Current As Of
Apple iTunes for Windows and Mac. This Software Allows You To Subscribe, Download
And Burn Podcast To a CD. Its Free.
Vanguard Plain Talk About Investing. Every Other Week.
Fidelity Personal Finance. Once A Week.
My Wealth Matters Creating Wealth With Your Current Income. Once a Week.
Fidelity Investors Weekly. Once A Week.
Kiplinger's Personal Finance Magazine. Once a Week.
Wall Street Journal's Your Money Matters. Daily (Monday Through Friday).
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