arrivia offers a 401(k) retirement savings plan. The plan will be administered by Voya.
Building a healthy financial future is just as important as taking care of your health needs today. Putting money aside for your future is easy with the 401(k) plan. It’s painless and easier than you think to save for your future.
Plan features:
- Save 1% to 75% of your pay on a post-tax or pre-tax basis by convenient payroll deductions.
- Two types of contributions to the plan:
- Regular pre-tax deferrals: You do not pay tax on the money you contribute now, but pay taxes when you withdraw the money at retirement.
- Roth contributions: You pay taxes now, but no taxes on withdrawals of your contributions as well as the earnings.
- Invest your contributions among the plan’s multiple investment options.
- You will be eligible for the 401(k) plan on the first of the month after 60 days of employment.
- You will be automatically enrolled at a 5% contribution rate upon eligibility.
- arrivia will match 100% on the first 1% of your eligible pay contribution.
- Hardship withdrawals and loans are available.
To get further information regarding making changes to your 401(k) contributions, access your Voya account at voyaretirement.voya.com or call 800-584-6001.