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2024 Benefits Guide - Corporate

Retirement Planning

Whether you are just starting your career or retirement is on the horizon, you can invest in your future with the TCWGlobal retirement plan through Empower Retirement. Our 401(k) plan allows you to invest pre-tax deductions from your paycheck in one or more of the 27 investment funds, ranging from conservative to aggressive growth.

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401k Highlights

  • After being employed for 60 days, employees will be automatically enrolled at a 3% contribution rate. Once enrolled, contributions will kick in on the first paycheck of the upcoming quarter.

  • No minimum hours per week required 

  • Pre-tax deductions lower your taxable income

  •  You are 100% vested for every dollar invested after 4 years of employment. Vesting Schedule: Year 1 =25%, Year 2 = 50%, Year 3 = 75%, Year 4 = 100%

  • TCWGlobal will match $0.50 to every dollar you to contribute up to 3% of your annual compensation. Matching starts after 1 year of employment.
    (Discretionary and is subject to change.)

  • You can defer up to 90% (after applicable taxes) of your salary up to the 2024 maximum of $23,000 per year or $30,500 for employees over the age of 50* (deferral amounts change annually). 

*Participants earning $130,000 or more annually may not be eligible for the full deferral due to IRS restrictions and are not eligible for the admin match. Contact your benefits administrator for information. 

HUB International Financial Guidance

TCWGlobal has teamed up with HUB International to give you access to a team of financial professionals who can walk you through your investment options. 

For more details or to schedule a one-on-one consultation reach out HUB International at 530-343-4015 or info@kornerstoneinc.com

Ready to Enroll?

Visit empowermyretirement.com to get started!

  • Select Register
  • Select I do not have a PIN tab
  • Create your username and password

 

Questions?

Contact Empower at 800-338-4015

Monday–Friday 5am–7pm PST
Saturday 6am–2:30pm PST 

Participant Fee Disclosure

Enrollment Periods

Quarter Begins

Enrollment Period


January 1 10/1 - 12/28
April 1 12/29 - 3/27
July 1 3/28 - 6/26
October 1 6/27 - 9/25

Check Out the Full Benefits Guide