Page 10 - 2025 Texicare Benefits Overview - Exempt Staff
P. 10
Saving for Retirement
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All employees receive a retirement contribution equal to 4% of
their eligible pay beginning the first of the month following date
of hire.
Employees can save more for retirement by contributing to their
401(k) plan. The company matches 100% for each $1.00 con-
tributed, up to and including 6% of eligible pay, each pay period.
Employees can make pretax and/or Roth after-tax contributions.
Ownership of employer contributions builds on a five year vest-
ing schedule.
4% + 100% match of 6% = 16% of your pay going into retirement savings!
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