2022 Retirement Benefits Summaries and Lifetime Income Disclosures are now available
March 30, 2023
The Publix Retirement Benefits Summary as of Dec. 31, 2022, showing the April 15 – Dec. 31, 2022, activity in your PROFIT Plan account and your total retirement program balance with the 401(k) SMART Plan as of Dec. 31, 2022, are now available. You’re eligible for a summary if you had a PROFIT Plan account balance as of Dec. 31, 2022, or shared in Publix’s PROFIT Plan contribution for 2022.
This summary has been posted to the Retirement tab under My Documents.
Viewing your PROFIT Plan account balance
You have 3 convenient ways to view your PROFIT Plan account balance.
- Visit the Retirement tab under My Documents.
- Create or log in to your confidential Publix Stockholder Online account.
- Log in to the 401(k) SMART Plan website.
Lifetime income disclosure
Your 2022 Publix PROFIT Plan Lifetime Income Disclosure is also available, if you’re receiving a 2022 Publix Retirement Benefits Summary. Visit the Retirement tab under My Documents to view the disclosure.
This disclosure is required by the Department of Labor. It shows estimates of how much you would collect each month at retirement as a single life annuity and a qualified and joint survivor annuity based on your PROFIT Plan account balance as of Dec. 31, 2022, and certain required assumptions. The disclosure also assumes you’re vested in your account balance.
This is only an illustration for planning purposes and not a guarantee of benefits. The PROFIT Plan does not offer monthly payments, annuities or partial distributions at retirement.