The terms of a specific plan may have changed since the most recentlyĪvailable tax filing, and as a result, these descriptions and features may not beĬurrent. The information provided on this page is based upon the most recent Plan tax filingsĪvailable. Specific terms and options for the specific Plan in question. Review the applicable Summary Plan Description for a detailed description of the The Plan features and descriptions presented are provided only as examples andĭescriptions a particular type of plan. In other words, this Plan uses a default investment account for participants who fail to direct assets in their account. This is a plan that provides for total or partial participant-directed account(s).This is a Plan where employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contributions to the plan.This is a cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan and provides for an election by employees to defer part of their compensation or receive these amounts in cash.This Plan permits Participants to direct the investment of his or her retirement accounts.This Plan is a “Profit-Sharing Plan”, where employer contributions are variable and are based upon a portion of company profits based upon quarterly or annual earnings.It is important for an Alternate Payee to consult with a tax professional before making any transfers or withdrawals, in order to be fully informed as to any potential tax consequences arising from either the timing or nature of the transfer or withdrawal. The Alternate Payee may also choose to transfer the awarded funds to another tax qualified account of his/her choice – for example, to an Individual Retirement Account (IRA). This type of plan generally affords an Alternate Payee the ability to receive an immediate lump sum distribution (or withdrawal) upon approval of a QDRO. The Plan will establish a separate account for the Alternate Payee and will usually allow the Alternate Payee the opportunity to utilize investment opportunities that are available for other participants in the Plan. With this type of plan, the Alternate Payee is typically awarded a portion of the Participant's account balance as of a specific date, expressed as either a percentage, or as a specific dollar amount, by way of a Qualified Domestic Relations Order (QDRO). Some examples of this type of plan are 401(k), 401(a), Employee Stock Ownership Plan (ESOP), Savings Plans and Profit-Sharing Plans. This type of Plan generally establishes an account for each individual Participant where a defined amount is being contributed by the Participant, the employer or both. 401(K) PROFIT SHARING PLAN is a DEFINED CONTRIBUTION PLAN. AP Gas & Electric offers dual billing at the customer’s request or for products that cannot be billed through the local utility.APG ELECTRIC, INC. Outside of Texas, fixed and index products are offered that meet local utility rate ready/bill ready requirements. Fixed and index products can be structured to meet the risk profile and operational needs of commercial and industrial electricity customers. The portal is a one-stop shop for customers to manage all aspects of their account.ĪPG&E offers a variety of products for commercial and industrial customers to assist in managing electricity price risk. This portal allows customers to review balances, make payments, review payment history, enroll in auto-pay, review their usage, and register multiple APG&E billing accounts to one login. APG&E operates a customer call center Monday thru Thursday from 8 am to 7 pm, Friday from 8 am to 5 pm, and Saturday from 8 am to 1 pm.ĪPG&E customers also have the ability to manage their account using an online portal. Customers that opt to receive paper bills still receive an electronic bill statement as a courtesy. AP Gas & Electric has a streamlined business model that focuses on “high-touch/low-friction.” In other words, it is very easy to interface with them as your retail electric supplier.ĪP Gas & Electric prefers customers to enroll in electronic billing but will send a traditional paper bill if the customer prefers them to do so. These plans require the customer to have smart meter. Zip Energy offers traditional variable rate prepaid plans as well as a prepaid plan that locks in a fixed rate for 12 months. They also offer prepaid electric service through their affiliate Zip Energy. For residential customers, AP Gas & Electric offers a basic fixed rate plan for a term of 12 months.
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