Page 22 - EMSAR 2022 Benefits Guide
P. 22
401(k)
Empower Retirement
EMSAR sponsors the associates 401(k) Plan through
Empower Retirement. All associates are eligible to
participate after 60 days of employment. Associates
are automatically enrolled at 5% upon eligibility. You
can access your individual plan information by going
directly to www.empower-retirement.com, where
you can also change your contribution amounts,
ind plan details, view current investment option
information and review fee information. Associates
can also contact Empower Retirement via phone at
800.338.4015.
The 2022 IRS Limit
Associate Elections $20,500
Associate Age 50+ Catch-Up Contribution Amount $6,500
22
Empower Retirement
EMSAR sponsors the associates 401(k) Plan through
Empower Retirement. All associates are eligible to
participate after 60 days of employment. Associates
are automatically enrolled at 5% upon eligibility. You
can access your individual plan information by going
directly to www.empower-retirement.com, where
you can also change your contribution amounts,
ind plan details, view current investment option
information and review fee information. Associates
can also contact Empower Retirement via phone at
800.338.4015.
The 2022 IRS Limit
Associate Elections $20,500
Associate Age 50+ Catch-Up Contribution Amount $6,500
22
