Retirement
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Take advantage of the 401(k) Plan and save for the future :
401(k) Plan
Assurant encourages you to take advantage of the 401(k) Plan, allowing you to save for the future while deferring current taxation. It is never too early (or too late) to start saving for retirement. The Assurant 401(k) Plan can be one source of your total retirement income, along with Social Security and your personal savings. Here are some features of the Plan:

  • Employer-sponsored retirement savings plan
  • Employees may make pre-tax and/or after-tax contributions after 30 days of employment
  • Company matching contributions
    • $1 for every pre-tax $1 contributed up to 6 percent of eligible pay
    • Made each pay period; invested according to your existing investment elections
    • 100 percent vested after two years of service
  • Diverse investment selection
    • Includes Vanguard Target Retirement Trusts, Bonds, International, Domestic and Short-term
    • More information on funds can be found on Vanguard’s website > Research Funds > Funds in My Plan
  • Ability to accumulate savings
  • Vanguard One Step offering
    • Employees are eligible to participate in the 401(k) Plan after 30 days of employment
    • If no action is taken, employees are automatically enrolled into the 401(k) Plan at 3 percent pre-tax contribution rate
    • The pre-tax contribution rate increases each year in January up to 6 percent with the auto escalation feature
    • Contributions are invested in the appropriate Target Retirement Trust for the employee’s age
If you’re not sure how much to save in the 401(k) Plan, are ready to contribute, want to increase your contributions, or have questions: