With a 401(k) Retirement Plan, you can save money for your retirement on a tax-deferred basis. That means you don’t pay federal or state income taxes on your savings or investment earnings until you withdraw the money at retirement.

In most cases, your taxable income – and therefore, your tax rate – will be lower during retirement than employment, so you will end up paying considerably less in taxes on your savings.

Because [Company Name] wants to help you reach your retirement goals, [we’ll match 33% of the first 6% of the contributions you make to your 401(k).] You can call or go online at any time to make changes to your deferral.

See the Benefits Guide or benefits summary for detailed information.