We are based in Woodbury, NY and operate out of the CardWorks.
CARDWORKS INC PLUS
50% of the account balance as of July 7, 2000), plus any investment gains or losses attributable thereon from that date until the date the Alternate Payee receives a distribution from the Plan. CardWorks Acquiring Merchant Services is an affiliate of CardWorks, Inc. Under most plans, it is possible to award the Alternate Payee a portion of the Employee's account balance as of a specific date (i.e. By using a QDRO to award funds from this type of plan, early withdrawal penalties are avoided, and the Alternate Payee will be held responsible for the taxes on any distribution he/she receives from the Plan. Founded in 1987, CardWorks is now one of the largest privately-held providers of end-to-end outsourcing support services for both credit card and installment loan products in North America. Our mission is to delight our consumer and commercial customers and to empower underserved consumers to achieve their credit goals. If the Alternate Payee chooses, it is usually possible to transfer the funds awarded to an IRA or other tax qualified account of his/her choice. CardWorks mission is to provide customized and compliant loan servicing and asset management to produce our clients desired end-customer experience. Merrick Bank is a consumer lender and merchant acquirer, and a people-centric, compliance-focused organization enabled by data and technology. In the deal, expected to close in the third quarter, Detroit-based Ally says Merrick Bank will merge into Ally Bank. CardWorks owns Merrick Bank, a major player in merchant acquiring. Cardworks is one of the largest privately held providers of end-to-end operational servicing and support functions for credit card and installment loan products. is the parent company of CardWorks Servicing, Merrick Bank and Carson Smithfield. announced this week it will buy CardWorks Inc. The Plan will establish a separate account for the Alternate Payee, and offer the Alternate Payee the same investment opportunities that are available for other participants. CardWorks Financial Services Woodbury, New York 10,894 followers CardWorks, Inc. Examples of this type of plan are 401(k), 401(a), Employee Stock Ownership Plan (ESOP), Savings Plans and Profit Sharing Plans.Īn Alternate Payee can be awarded a portion of the Employee's account pursuant to a QDRO. This page is provided for informational purposes only.ĬARDWORKS INC 401K RETIREMENT PLAN is a Defined Contribution Plan which has an account specified for the individual employee where a defined amount is being contributed to the plan by the individual, the employer or both. It is not related or connected to the retirement account listed on this page. QdroDesk is a private company that only helps with the divorce process. Do not call QdroDesk for retirement account information unless it is in regards to a divorce. Overall, the employees at CardWorks are dissatisfied, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.VERY IMPORTANT! The information on this page is for people going through a divorce or attorneys helping their clients. It was incoporated on 0, the companys business number is 867347841RC0001 and corporation number is 3726673. About 33% of the employees at CardWorks work 8 hours or less. is, located at Care of: KARIM JADAN II 7050 WOODBINE AVENUE SUITE 305 MARKHAM ON 元R 4G8 Canada. Most Participants believe the pace of work at CardWorks is comfortably fast. The majority of employees at CardWorks believe the environment at CardWorks is negative.
The majority believe the meetings at CardWorks are effective, and the majority look forward to interacting with their coworkers. 10 Participants grade the quality of their coworkers a D. Overall, employees at CardWorks are not very pleased with their team. This includes specific ratings of their executive team, CEO, and manager.Įmployees at CardWorks are not very pleased with their total compensation at CardWorks, which includes a combination of pay, stock and equity, and benefits.
Overall, the 10 CardWorks employees give their leadership a grade of C, or Bottom 45% of similar size companies on Comparably.
10 employees at CardWorks have reviewed CardWorks across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work.
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