Page 16 - Burnham Benefits Guide 2017
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401(K) RETIREMENT SAVINGS PROGRAM
All employees are encouraged to participate in Burnham’s 401(k) Retirement Savings plan. This plan allows you to fund for
your retirement with pre-tax dollars. You can defer a percentage of your annual salary up to the IRS maximum. If you are
50 years or older during the plan year, you may contribute a catch-up deferral. Burnham will match 50% of the first 6% of
your deferral when you join the plan. There are multiple investment options available for the conservative to the aggressive
investor.
401(k) IRS Maximums 2017 2018
Employee Deferral $18,000
Indexed for Inflation
Catch-up Deferral for Employees Over Age 50 $6,000
TRAVEL ASSIST PROGRAM
Burnham provides a Travel Assistance through UnitedHealthcare Global to all employees. Travel assistance can help you
cope with emergencies when you travel more than 100 miles from home or internationally for trips of up to 180 days. It can
also help you with non-emergencies, such as planning your trip. Travel assistance offers the following services:
• Pre-trip assistance including passport, visa, weather and currency exchange information, health hazards advice and
inoculation requirements
• Trip assistance including emergency ticket, credit card and passport replacement assistance, funds transfer assistance
and missing baggage assistance
• Medical assistance including locating medical care providers and interpreter services
• Legal assistance including locating a local attorney, consular officer or bail bond service
• Emergency transportation services including arranging and paying for emergency evacuation to the nearest adequate
medical facility and medically-necessary repatriation to your home, including repatriation of remains (when arranged
by UnitedHealthcare Global)
• Personal security services including logistical arrangements for ground transportation, housing and/or evacuation in
the event of political unrest, social instability, health or environmental hazards. In more complex situations, assistance
in making arrangement with providers of specialized security services
COMMUTER BENEFIT PROGRAM
Burnham works with IGOE to allow you to pay for certain work-related transportation expenses on a pre-tax basis as
permitted by the IRS. Eligible expenses include passes or vouchers for mass transit, such as local trains and busses, up
to a monthly maximum of $255. You pay less in taxes, because this money is deducted from paychecks before federal
income or Social Security taxes are withheld. This benefit is offered nationally. If you are eligible, you may register for the
program after your benefits effective date.
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