401K Plan

401(k) Plan - Chubb Capital Accumulation Plan (CCAP)

• Chubb automatically enrolls eligible new hires in the CCAP plan with a 4% pre-tax contribution. 
• You may change your election at any time.
• Elect pre-tax and/or after-tax contributions.
• If you are over age 50, you can contribute catch-up contributions up to an additional $6,000 pretax (indexed annually)
• Eligible to voluntarily defer on the first of the month after completing one full month of employment.
• You may voluntarily contribute up to 50% of pay; $18,000 IRS limit (indexed annually) on pretax.
• Chubb matches up to 4% ($1 for $1 based on actual deferral) of pay on pretax basis, credited each pay period for the match.
• Vesting occurs after 3 years of Chubb service.
• CCAP currently offers 29 investment options.