March 2019: Step up your savings

Step up your savings

Should you consider increasing your contribution to the 401(k)? See what savings just an additional 1% or 2% per paycheck can do for you.

IT ADDS UP

Let’s say you make $40,000 a year. Look how approximately $33 or $66 more a month can add up.

Step up savings

SEE WHAT A 1% or 2% INCREASE LOOKS LIKE FOR YOU

Check out the 401(k) Contribution Estimator. By entering a few pieces of information (such as salary, age, years of service, and how much you want to put in), you can quickly see what your new per paycheck deduction would be in AND what your match from Texas Health would be.

HOW TO CHANGE YOUR CONTRIBUTION

To change your contribution, logon to www.netbenefits.com/thr or call 1-877-MyTHRLink (1-877-698-4754) and select prompt 5.