Available to US-based employees
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The MIT Supplemental 401(k) Plan (referred to as the 401(k) Plan) helps eligible employees save and invest for retirement while receiving certain tax advantages. MIT will match up to 5% of your pay in contributions to the 401(k) Plan.
You choose how your contributions — and MIT's matching contributions — are invested. Administrative and recordkeeping services for the 401(k) Plan are provided by Fidelity Investments.
Effective January 1, 2017, you have the option to save in the 401(k) Plan with Roth post-tax contributions.
Learn more: http://hrweb.mit.edu/benefits/401k.
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