401K Plan
Available to US-based employees
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Saving for retirement is one of the most important things you can do to plan for your future and ChanceLight Behavioral Health, Therapy, & Education helps you acheive that goal by offering a 401(k) Retirement Plan.
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Employer Contribution: ChanceLight will match 25% of the employees first 4% and 50% of the employees next 2% of pay contributed to their plan.
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Eligibility: Employees may enroll their participation in the 401(k) plan after having completed their first 30-days of service with the company.
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Pretax and Roth (after-tax) Contributions: Employees may make pre-tax or Roth (after-tax) contributions to their 401(k). Employer
contributions are always pre-tax. -
Annual IRS limit: Employees may contribute up to $22,500 annually; those who are age 50 or older may contribute an additional $7,500 per year.