Page 15 - Evisions Benefit Guide 2020 - Effective 1.1.2020
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Benefits
Retirement Savings
Fidelity | 401(k)
Eligible employees may elect to participate in Evisions, Inc. 401(k) retirement savings plan at any time. Administered by Fidelity,
this traditional 401(k) plan provides a variety of investment options to help you fund your retirement. The 401(k) plan allows you to
contribute a designated amount of your pre-taxed income from each paycheck, up to a maximum amount per year. As an added
benefit, Evisions, Inc. will match a certain percentage of each pre-tax dollar that you contribute. Traditional 401(k) plans offer a
number of benefits, including lowering your tax burden; you contribute money to your plan on a pre-tax basis, lowering your
taxable annual income.
401(k) Fast Facts:
• In 2020, you can contribute up to $19,500 of your annual earnings on a pre-tax basis
• If you will be 50 years of age or older during 2020, you can make an additional “catch up” contribution of $6,500 more per year
• Evisions, Inc. helps grow your retirement savings by matching 100% of each pre-tax dollar you contribute, up to the first 4% of
your annual salary
• You choose where you want your investments to go, from conservative to aggressive funds, so you can maintain a truly
diversified investment portfolio
• To enroll or make changes, visit www.my401k.com or contact your plan administrator
Evisions helps grow your retirement savings by matching 100% of each pre-tax dollar you contribute, up to the first 4% of your
annual salary.
For More Information
Go to www.fidelity.com or call Phil Matheson at (949) 786-4015 x109.
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