Retirement
What does retirement look like for you? Maybe you plan to travel the world. Or maybe you’d like to take up some hobbies closer to home. Whatever your goal, it’s important to plan for your own finances so you have the income you’ll need in the future.
One of the best ways to ensure a secure retirement is to start saving as early as possible. Our 401(k) savings plan allows you to save for retirement on a pretax basis. You can begin contributing to the plan at any time once you become eligible and can start making contributions to your account through convenient payroll deductions.
Who is Eligible for the 401(k)?
How Do I Enroll in the 401(k)?
You can enroll in the retirement savings plan by visiting your plan provider’s website and registering with your personal information. Once registered, you’ll be able to select your contribution percentage.
Online Enrollment: https://enroll.voya.com/static/evoyaenroll/index.html
• Phone Enrollment: 888-311-9487
• Plan ID: 861151
• Verification Number: 86115199
Plan Policy Updates
- Automatic 401(k) Enrollment
Effective March 1, 2025, new U.S. employees will be automatically enrolled in the 401(k) plan at a 3% contribution rate, beginning 60 days after hire, unless they choose to adjust or waive enrollment. - SECURE 2.0 Act – Roth Catch-Up Requirement
Beginning in 2026, employees earning over $145,000 in the prior year who wish to make catch-up contributions (age 50+) must make those contributions on a Roth (after-tax) basis. Employers must offer a Roth option in the plan to accommodate these contributions. Plans without a Roth feature will not be able to accept catch-up contributions from high-earning employees.
Increase Your Retirement Savings with a 401(k)
- Revalize will match 50% of your contributions up to the first 6% of pay.
- Contribute using convenient payroll deductions up to the IRS limit of $24,500 per year.
- Change the amount of your contributions or stop your payroll contributions at any time.
- Decide how to invest your 401(k) or allow the plan to choose for you.
- The 401(k) contribution limit for employees age 50 or older is $32,500 per year.
- The 401(k) contribution limit for employees age 60-63 is $36,000 per year.