Here are Todays Amazing Cardinal Health Deals!

More Great Information on Cardinal Health:

A Healthy You by KC Jackson

Good health is important and should be a high priority for everybody. Your health is also shaped by the way in which you respond to the events in your life. Your health is also shaped by the way in which you respond to the events in your life. â€Good health is important and should be a high priority for everybody.

Discovery Health Channel announced today that more than 152,000 Americans jump-started healthier living this weekend with the kick-off of its Discovery Health National Body Challenge, a free 12-week initiative that challenges Americans to improve their health and shed extra pounds.

Health

A very important aspect of maintaining a healthy workforce. So spread your health wings, and let the winds of health carry you and your loved ones to a healthy and happy lifestyle. For instance, someone in good health often has a healthy glow about them. You may not pay attention to your health until you get sick. †Patients bring their suffering to their doctors to obtain healing; to obtain â€health. Resources to empower you to partner in your health. Work place health visits can be carried out where particular health/job issues occur, to support risk assessments or surveillance. Discovery Health is a multi-platform offering of the most authoritative, accurate and meaningful health and wellness information available anywhere. Discovery Health is a multi-platform offering of the most authoritative, accurate and meaningful health and wellness information available anywhere.

Workplace

A very important aspect of maintaining a healthy workforce. Advice can also be given on work related health issues affecting particular groups or individuals, in line with current legislation. Work place health visits can be carried out where particular health/job issues occur, to support risk assessments or surveillance.

Conclusion

â€Good health is important and should be a high priority for everybody. So spread your health wings, and let the winds of health carry you and your loved ones to a healthy and happy lifestyle. Advice can also be given on work related health issues affecting particular groups or individuals, in line with current legislation. For instance, someone in good health often has a healthy glow about them. Resources to empower you to partner in your health. You do not need to be a victim of disease or poor health.

Resources to empower you to partner in your health.
KC Jackson, WTM
http://www.wtm-income.net/E-health.html

Best regards,
WTM KC Jackson

Health Article and Books Resource
http://www.wtm-income.net/healthar/index.php

Stress Management Main Page Introduction
http://www.wtm-income.net/stressmanagement/index.php

Article Source: http://www.earticlesonline.com/Article/A-Healthy-You/263301

What is the match at Cardinal Health for their 401k plan? Thanks?

Cardinal Health 401(k) Savings Plan

The dollar is falling and we are seeing a rotation from value to growth, is your portfolio positioned correctly? Sign up now and have the comfort of knowing your 401k is on track. The next 3 Cardinal Health employees, residing in Ohio, to sign up today will receive 90 days of advice free of charge. After your 90 day free trial, your subscription will automatically expire. You decided if you wish to renew. No credit card information is necessary.

Commentary - We applaud the fact the Cardinal Health 401(k) Savings plan is a Safe Harbor 401(k) and encourage you to defer the maximum amount allowable. The plan offers several quality mutual funds. The plan lacks short and long term bond funds as-well-as corporate and high yield bond funds. There are no mid cap value or mid cap growth funds offered. There is no small cap value or small cap blend funds offered. There is no developing markets fund offered.

Current News - In today's Wall Street Journal, it was announced Fidelity Investments, which acts as trustee and recordkeeper on the Cardinal Health plan, is the target of a lawsuit brought by participants of John Deere & Co. 401(k) Plan. John Deere & Co was also mentioned in the lawsuit. The lawsuit alleges the fees charged to participants "were and are unreasonalbe and excessive, not incurred solely for the beneift of the plan and its participants and undisclosed to participants, " the suit says. Article to follow.

On November 8, 2006, it was announced that Federal Insurance Company, an insurer to CAH, filed a complaint against CAH on October 12, 2006. The complaint has asked the court whether it has any obligation in the complaints under the liability coverage it provides for CAH executives. See Article

On November 6, 2006 Stull, Stull & Brody and Schnatz Nobel have reported progress on the Cardinal Health, Inc. ERISA Litigation suit. The Court has denied a motion to dismiss which was brought on by CAH and other defendants. The parties are engaged in discovery and the case is moving forward. Plaintiffs have also filed a motion to certify the case as a class action. Presently, it is anticipated the Court will hold a hearing on the class certification in January or February of 2007. See Article

Current Investment Choices

Stable Value - Stable Value Fund

Bond Offerings

Short Term Bond - N/A

Intermediate Term Bond - PIMCO Total Return

Long Term Bond - N/A

Corporate Bond - N/A

High Yield Bond - N/A

Domestic Stock Offerings

Large Cap Value - Dodge & Cox Stock

Large Cap Blend - Fidelity U.S. Equity Index

Large Cap Growth - Fidelity Growth Company

Mid Cap Value - N/A

Mid Cap Blend - CRM Mid Cap

Mid Cap Growth - N/A

Small Cap Value - N/A

Small Cap Blend - N/A

Small Cap Growth - Columbia Acorn

Foreign Stock Offerings

Foreign Large Growth - Fidelity Diversified International

Developing Markets - N/A

Company Stock - CAH

Prior News - On September 1, 2006 the 401k was amended as follows: Section 1.10A of the Plan is amended by the addition of a new subsection (vii) thereunder to read as follows: (vii) Any bonus payment, including payments under the Cardinal Health, Inc. Management Incentive Plan “MIP” as originally established August 14, 1996 and amended and restated from time to time, if such bonus payment is wholly or partially payable without regard to the attainment of a performance-based goal. See Filing

In January of 2004, CAH discovered Putnam Fiduciary Trust Company allegedly delayed in investing certain assets in the 401k plan in January of 2001. The delay caused 401k participants to miss out on nearly $4 million of market gains. According to the complaint, CAH was not informed of the delay the defendants decided to shift assets to certain Putnam mutual funds through deception, illegal trade reversals, and account machinations. The complaint further alleges that Durgarian, Papa, Childs, and Crain also took steps to cover-up the wrongful conduct. The SEC is seeking injunctive relief and civil monetary penalties.

Since July 2004, 15 class action complaints (collectively referred to as “Cardinal Health ERISA actions”) have been filed against CAH and certain officers, directors and employees by participants of the 401k plan. To date all have been filed in the United States District Court for Southern District of Ohio.

The complaints allege the defendants breached certain fiduciary duties owed under ERISA, asserting the defendants failed to make full disclosure of the risks associated in investing in CAH stock. The complaints seek unspecified money damages and equitable relief against the defendants and an award of attorney’s fees.

In December 2004, the Cardinal Health ERISA actions were consolidated into one action captioned In re Cardinal Health, Inc. ERISA Litigation. In April 2005, the lead plaintiff filed a consolidated amended ERISA complaint naming CAH and certain officers, directors and employees, the Employee Benefits Policy Committee and Putnam Fiduciary Trust Company as defendants. In March of 2006, the Court granted the Motion to Dismiss with respect to Putnam Fiduciary Trust Company.

General - Formerly known as the Cardinal Health Profit Sharing, Retirement and Savings Plan, the Cardinal Health 401(k) Savings Plan (the 401k) is a defined contribution plan covering nearly all the employees of Cardinal Health, Inc. (CAH) The 401k is subject to ERISA.

The Cardinal Health, Inc. U.S. Qualified Plans Master Trust, formerly know as the Master Trust for Retirement Plans of Cardinal Health, was established for the 401k and other plans of CAH.

Administration - CAH previously established a Benefits Policy Committee that was responsible for the general operation and administration of the 401k plan. In late 2004, CAH established a Financial Benefit Plans Committee that now overseas the 401k plan.

Contributions-Contributions to the 401k consist of employee elective deferrals, safe harbor company matching, discretionary profit sharing, rollovers, transition benefits and special contributions. Participants direct all investments.

Participants may defer up to 50% of their compensation, as defined by the 401k plan, up to $15,000 for 2006 and $15,500 for 2007. Participants who are over age 50, or will attain age 50 by the plan year end, will be allowed a catch up contribution of $5,000 for 2006. The allowable catch up contribution amount will remain unchanged for 2007.

Because this is a safe harbor 401k, highly compensated employees will not be subject to the average deferral percentage test. This means, highly compensated employees will not be refunded money for exceeding deferral limits.

CAH has elected the matching safe calculation. CAH will match dollar for dollar the first 3% of participant’s elective pre tax deferrals. The next 2% of participant’s elective pre tax deferrals will be match at fifty cents per dollar. There is no match for participant’s deferring more than 5% of eligible compensation. Discretionary profit sharing contributions are allocated to participants based on their proportionate share of total eligible compensation. Transition benefits are contributed to participant accounts based on compensation levels and years of service.

Vesting - Participant elective deferrals and transition benefit contributions are 100% vested. Because of the safe harbor match election, all employer safe harbor match monies are 100% vested. After three years, or if the participant dies, becomes disabled, or reaches retirement age, discretionary profit sharing contributions will vest at 100%.

Expenses - Administrative expenses are paid by CAH or the plan. Loan fees are paid by the borrowing participant. Forfeitures of non-vested account balances for previously employed participants are either used to offset CAH contributions to the 401k or to offset expenses.

Loans - Participants may borrow up to 50% of their vested account balance, with the minimum loan amount being $1,000 and the maximum of $50,000. Loans terms can vary in duration from 1 to 5 years, or up to 15 years for the purchase of a primary residence. Currently loan rates are Prime plus 1%, adjusted monthly, for the term of the loan.

Payment of Benefits - Lump-sum distributions can be made upon termination of employment, death, disability or retirement. In addition, provisions for participants to make withdrawals under certain hardship circumstances or obtaining age 59 ½. Required qualified joint and survivor annuity payment options are preserved for the portion of participant accounts transferred to the 401k from a money purchase plan.

Tags: cardinal, cardinal health, cardinal health careers, cardinal health carefusion, cardinal health products, cardinal health vista ca, care, health, insurance, work

This entry was posted on Thursday, December 21st, 2006 at 1:10 am and is filed under Medical, Mobility and Special Needs. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.