The Supplemental Health Care 401(k) savings program allows you to plan for the future while earning easy money now. How does it work?
Like all 401(k) programs, you’re allowed to make tax-deferred contributions to your Supplemental Health Care 401(k) program. What makes our program such a great benefit is our matching and vesting rules.
Unlike most company’s programs, Supplemental Health Care will make a matching contribution on each paycheck equal to 100% of your contributions that do not exceed 3% of your compensation plus 50% of your contributions between 3% and 5% of your compensation. In other words, if you contribute 5% of your income, Supplemental Health Care will reward you with an extra 4%! This matching is 100% immediately vested, meaning that the money belongs to you from the day it goes into your account; there are no waiting periods or gradual vesting schedules.
Our 401(k) savings program is another example of wanting to give you one more reason to look to Supplemental Health Care as a long-term employment option – and a great opportunity to plan for your retirement.