Retirement Savings Plan (401k)
Planning for retirement is one of the most important financial steps you can take. GVEC partners with T. Rowe Price to offer a comprehensive 401(k) Retirement Savings Plan with both pre-tax, after-tax and Roth options.
Employer Matching Contributions
- GVEC offers an employer match of 10% of your salary when you contribute at least 3% to your pre-tax or Roth account.
- Access investment advice through Captrust, including research tools, retirement strategies, and assistance in asset selection.
Contribution Limits
| Age | Annual Contribution Limit |
|---|---|
| Under 50 | $24,500 |
| Age 50+ | $32,500 (includes $8,000 catch-up) |
| Age 60-63 | $35,750 (includes $11,250 catch-up) |
Managing Your Account
T. Rowe Price:
- Workplace Retirement | T. Rowe Price
- Customer Service: 1-800-922-9945
Financial Advice
Captrust:
- Schedule an appointment
- Customer Service: 1-800-967-9948
Leaving GVEC? Ensure you roll over your funds properly to avoid unnecessary taxes or penalties.