Financial Wellness

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401(k) Plan

Saving for retirement might feel like a distant goal, but starting early can make a big difference, and your 401(k) plan is a powerful way to get there. With a 401(k), you can set aside a portion of each paycheck into a retirement account, helping you build long-term financial security while taking advantage of valuable tax benefits.

You can choose between a Traditional 401(k), which lowers your taxable income now, or a Roth 401(k), which allows your savings to grow tax-free for the future. Either way, your contributions can help you build a strong foundation for retirement.

USLI 401(k) Plan Options Through Fidelity Investments

We’re committed to helping USLI community members plan for a secure financial future. That’s why all community members have access to several 401(k) plan options through Fidelity Investments, making it easy to save for retirement directly from each paycheck.

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Automatic Enrollment

All new community members are automatically enrolled in the 401(k) plan 30 days after their hire date, with a 3% pre-tax deferral contribution into a target-date fund. You can adjust this at any time to fit your goals.

 

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Flexible contributions

Community members can choose between Traditional (pre-tax), Roth (after-tax) or a combination of both.

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Investment Options

Target-date fund (default): Fidelity selects a fund based on each community member’s expected retirement date.


Self-directed: Community members choose and manage their own investments.


Advisor-directed: Community members can work with a financial advisor to build their investment strategy.

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Beneficiary Management

Community members can select a beneficiary and review this information annually to keep it current.

Visit 401k.com to learn more. If you have questions, the USLI community member in your family can chat with a Fidelity representative at 1-800-343-3548.
  • 2025 elective deferral limit: $23,500
  • 2025 catch-up deferral limit for those 50+: $7,500
  • Special catch-up deferral limit for those 60-63: $11,250