How to make the most of YOUR retirement and financial coaching benefits.
401k Overview
What happens if I do nothing?
Does my employer contribute?
Automatic Annual Increases
What if I need help making decisions?
What happens if I do nothing?
Automatic Enrollment: To make it easy, you automatically enroll in the 401(k) at a 3% savings level. Contributions are deducted from your paycheck before taxes, unless you make a different election.
If you do not wish to participate, you must login to opt out!
Does my employer contribute?
Your employer contributes $1.00 for every $1.00 you save, up to a 1% savings level and $0.50 for every $1.00 for the next 5%.
Don’t Give Away Free Money. To maximize your benefit, aim to save 6%. After one year of service, you are also eligible for Profit Sharing Contribution.
Automatic Annual Increases
For those who enroll automatically, we’ll help you improve each year by automatically increasing your savings rate after a year of service. We’ll add 1% each year until you reach 6%. You can make changes at any time throughout the year.
What if I need help making decisions?
An Align coach can help you understand and navigate your financial decisions for your 401k and beyond.
Getting Started
When can I join?
How do I enroll?
What is a 401k?
What is a Target Date Fund?
Is Roth or Pre-Tax better?
Need help?
When can I join?
You can join the plan the first of the month after you’ve completed 3 months of service.
For Example:
If you start January 2nd, you will complete 90 days of service on April 2rd and will be enrolled on July 1st.
How do I enroll?
What is a 401k?
What is a Target Date Fund?
Is Roth or Pre-Tax better?
Need help?
An Align coach can help you understand and navigate your financial decisions for your 401k and beyond.
Manage My 401k
How do I access my account?
What if I need advice?
What if I need to take money out?
What if I change jobs?
Should I designate beneficiaries?
Cybersecurity: How do I protect my account?
How much should I be saving?
What should I know about investing?
What if I need advice?
An Align coach can help you understand and navigate your financial decisions for your 401k and beyond.
What if I need to take money out?
Saving in a retirement plan is, of course, intended to be a long-term investment for you. In the event of an emergency, the plan does allow for Hardship Distributions.
Schedule 1-on-1 Session Now to discuss your situation.
What if I change jobs?
Don’t Worry, you don’t lose the savings that you contributed.
Your employer may have rules about how much of their employer contributions you get to keep.
You can transfer your savings to another plan, a personal IRA or, as a last resort, you can cash out.
Before You Decide:
Schedule 1-on-1 Session Now
Should I designate beneficiaries?
In the event of your passing, your savings will transfer into the ownership of your named beneficiaries.
Make sure your named beneficiaries remain up-to-date! The most common reasons to make changes are due to marriage, divorce or having children.
Visit American Funds to view and update your beneficiaries.
Cybersecurity: How do I protect my account?
Take the following steps to help protect your account:
- Set up your online access and log on frequently.
- Use a strong username & password.
- Keep your contact information up to date.
- Enable Multi-Factor authentication.
- Use current anti-virus protection on all your devices.
Visit American Funds for details on their Cybersecurity policy.
How much should I be saving?
What should I know about investing?
Help Beyond 401k
How can Align help me?
How much will it cost me?
What is MoneyNav?
How do I get started with MoneyNav?
Can I just talk to someone?
How can Align help me?
From helping you set your first budget to applying for Social Security, your Align coach can help you in any financial phase.
How much will it cost me?
Financial coaching is part of your retirement benefit program.
You’ll never get a bill for asking a question or requesting advice.
What is MoneyNav?
How do I get started with MoneyNav?
We have designed an assessment to help determine where you are and what your first steps should be.
Can I just talk to someone?
An Align coach can help you understand and navigate your financial decisions for your 401k and beyond.