Effective Plan Dates: February 1, 2024 – January 31, 2025
401(k)
Saving for the future takes focus and planning. When it comes to achieving financial security, set-it-and-forget-it is not an option. Whatever your ultimate retirement goals are —lots of travel, starting a new business, doting on your loved ones— take full advantage of your benefits to help you get there.
Your Contributions:
Your plan lets you contribute up to 50% of your before-tax pay, up to the IRS limit. *
*Mandatory deductions will be taken before salary deferrals.
Catch-up Contributions:
If you will be age 50 or over as of the end of the year and have already contributed the maximum allowed by your plan, you can make up for lost time with an additional catch-up contribution. The IRS catch-up contribution limit may vary each year, and catch-up contributions are not eligible for matching contributions.
For detailed information, please read the flyers below.