Page 9 - 2024 Benefits Overview for Texicare - Exempt Employees

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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