Retirement Savings Plan benefit
Invest in yourself and take advantage of your retirement savings plan benefit. Your 401(k) is a retirement savings plan where employees can contribute a portion of their paycheck, with a company match. These funds grow tax-free until withdrawal, offering a solid foundation for retirement. You have the option to elect a traditional 401(k) plan and/or a Roth 401(k) plan. The earlier you start, the more your savings can grow through compound interest.
Company Match:
- You contribute 3% - KAP contributes 3%
- You contribute 4% - KAP contributes 3.5%
- You contribute 5% - KAP contributes 4%
*Maximum company contribution is 4%
Enrollment instructions and additional information will be provided to you by Human Resources.
Fidelity NetBenefits Information
Your 401(k) Advisor
