Page 12 - Sample Guide
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Lockton collateral, not for leave behind or distribution.
IRS 401(k) RETIREMENT SAVINGS PLAN
Maximums 401(K)
For 2018, you can contribute up to Your inancial security is important to you, your family, and to us as your
$18,500 to your 401(k) account.
If you are age 50 or will turn age employer. We want you to feel secure and prepared for life after your
50 by December 31, you may career. In partnership with [Carrier], our 401(k) plan is designed to help
contribute an additional “catch-up” you plan ahead and feel prepared.
contribution of $6,000.
How the Plan Works
Employees are eligible to join the plan [customize as needed]
You can contribute before-tax dollars to your 401(k) account through
payroll deductions (up to the annual IRS limits)
You can contribute after-tax dollars to your Roth 401(k) account
through payroll deductions (up to the annual IRS limits); your savings
are not taxed when you withdraw them at retirement
The company may match up to [x] % of your contributions on a pay
period basis once you become eligible to participate
You choose how to invest your money in a variety of investment
options
You are always 100% vested in your own contributions
Your company contributions are subject to a vesting schedule of
[insert details]
[Carrier] Tools
[Carrier] offers retirement calculators and investment services which allow
you to choose your own investments options or use a managed account
plan which does the hard work for you.
Remember to add a beneiciary for your 401(k) on the [Carrier] website
through their convenient online beneiciary tool. Please note, you will
need to elect a beneiciary for both your life insurance when you elect
your life insurance, as well as through [Carrier] for your 401(k) plan.
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IRS 401(k) RETIREMENT SAVINGS PLAN
Maximums 401(K)
For 2018, you can contribute up to Your inancial security is important to you, your family, and to us as your
$18,500 to your 401(k) account.
If you are age 50 or will turn age employer. We want you to feel secure and prepared for life after your
50 by December 31, you may career. In partnership with [Carrier], our 401(k) plan is designed to help
contribute an additional “catch-up” you plan ahead and feel prepared.
contribution of $6,000.
How the Plan Works
Employees are eligible to join the plan [customize as needed]
You can contribute before-tax dollars to your 401(k) account through
payroll deductions (up to the annual IRS limits)
You can contribute after-tax dollars to your Roth 401(k) account
through payroll deductions (up to the annual IRS limits); your savings
are not taxed when you withdraw them at retirement
The company may match up to [x] % of your contributions on a pay
period basis once you become eligible to participate
You choose how to invest your money in a variety of investment
options
You are always 100% vested in your own contributions
Your company contributions are subject to a vesting schedule of
[insert details]
[Carrier] Tools
[Carrier] offers retirement calculators and investment services which allow
you to choose your own investments options or use a managed account
plan which does the hard work for you.
Remember to add a beneiciary for your 401(k) on the [Carrier] website
through their convenient online beneiciary tool. Please note, you will
need to elect a beneiciary for both your life insurance when you elect
your life insurance, as well as through [Carrier] for your 401(k) plan.
12
