Page 31 - 2018 Capgemini Enrollment
P. 31
Your Retirement Beneits
Safe Harbor 401(k) Plan Capgemini Safe Harbor
Capgemini’s 401(k) Plan helps you save money for your retirement by giving you special tax 401(k) Plan
advantages and matching a portion of the money you contribute to the plan.
Your Contributions Date of Hire
You may enroll in the Capgemini Safe Harbor 401(k) Plan on your date of hire. At any time, you may
elect to contribute to the plan from 1% up to 90%, subject to IRS limits: On your date of hire
➤ On a pre-tax basis, or Eligible for 401(k)*
➤ On a Roth after-tax 401(k) basis instead.
Pre-tax contributions are deducted from your pay before your income taxes are deducted, reducing After 1 year of service**
your taxable income. You do not pay income taxes on these contributions, or their earnings, until this Company match begins at
money is paid to you. With after-tax contributions under the Roth 401(k) option, you pay taxes on $1 for every $1 you contribute
your contributions now and qualify for tax-free withdrawals later. To be qualiied, a Roth 401(k) up to the irst 3% of your
withdrawal must occur at least ive years after the irst Roth contribution and after you have reached pay plus $0.50 for every $1
age 59½, become disabled or died. you contribute on the
®
Contact Fidelity NetBeneits at www.401k.com or call the Fidelity Retirement Beneits Line at next 2% of your pay.
1-800-492-2363 for assistance.
Company Matching Contributions
While you may begin participation in the Safe Harbor 401(k) Plan as of your date of hire, the Company match 100%
vested immediately
Company matching contribution begins once you have completed one year of service. The Company
matching contribution will be $1 for every $1 you contribute up to the irst 3% of your pay plus
$0.50 for every $1 you contribute on the next 2% of your pay. * If at least 21 years old.
** Service includes global service.
Vesting of Company Match
Company matching contributions are immediately 100% vested in the Safe Harbor 401(k) Plan.
CAPGEMINI 2018 BENEFITS GUIDE 28
Safe Harbor 401(k) Plan Capgemini Safe Harbor
Capgemini’s 401(k) Plan helps you save money for your retirement by giving you special tax 401(k) Plan
advantages and matching a portion of the money you contribute to the plan.
Your Contributions Date of Hire
You may enroll in the Capgemini Safe Harbor 401(k) Plan on your date of hire. At any time, you may
elect to contribute to the plan from 1% up to 90%, subject to IRS limits: On your date of hire
➤ On a pre-tax basis, or Eligible for 401(k)*
➤ On a Roth after-tax 401(k) basis instead.
Pre-tax contributions are deducted from your pay before your income taxes are deducted, reducing After 1 year of service**
your taxable income. You do not pay income taxes on these contributions, or their earnings, until this Company match begins at
money is paid to you. With after-tax contributions under the Roth 401(k) option, you pay taxes on $1 for every $1 you contribute
your contributions now and qualify for tax-free withdrawals later. To be qualiied, a Roth 401(k) up to the irst 3% of your
withdrawal must occur at least ive years after the irst Roth contribution and after you have reached pay plus $0.50 for every $1
age 59½, become disabled or died. you contribute on the
®
Contact Fidelity NetBeneits at www.401k.com or call the Fidelity Retirement Beneits Line at next 2% of your pay.
1-800-492-2363 for assistance.
Company Matching Contributions
While you may begin participation in the Safe Harbor 401(k) Plan as of your date of hire, the Company match 100%
vested immediately
Company matching contribution begins once you have completed one year of service. The Company
matching contribution will be $1 for every $1 you contribute up to the irst 3% of your pay plus
$0.50 for every $1 you contribute on the next 2% of your pay. * If at least 21 years old.
** Service includes global service.
Vesting of Company Match
Company matching contributions are immediately 100% vested in the Safe Harbor 401(k) Plan.
CAPGEMINI 2018 BENEFITS GUIDE 28
