Plan Options: 401(k) Retirement Plan
A 401(k) is a savings and investing plan that gives you a tax break on money you set aside for retirement. Contributing to a 401(k) plan may be one of the most important things you can do to prepare for your long-term financial needs. Being on track to meet your financial goals will provide you and your loved ones peace of mind. A 401(k) plan allows you to contribute a portion of your compensation per pay period in order to prepare for retirement. If you are already contributing to the 401(k) plan, now may be a good time to increase your contributions.

Dave Gardner | (385) 223-8668 | [email protected]

Contributing to a 401(k) plan may be one of the most important things you can do to prepare for your long-term financial needs. Being on track to meet your financial goals will provide you and your loved ones peace of mind. A 401(k) plan allows you to contribute a portion of your compensation per pay period in order to prepare for retirement. If you are already contributing to the 401(k) plan, now may be a good time to increase your contributions.

What is a 401(k) plan?
401(k) refers to a section of the IRS Code that allows you to save part of your compensation on a Traditional PRE-TAX Basis. This lowers your current taxable income and helps your long- term saving grow faster. You may also choose to save part of your compensation on an AFTER-TAX Roth Basis. Roth contributions are taxed before they are contributed to the Plan. This allows tax-free growth and distribution contributions and the earnings on those contributions (assuming the contributions have been invested for at least 5 years and you have reached age 59 1/2).

401 (k)
Traeger offers a 401(k) plan through Fidelity. Traeger will match your 401(k) contribution 100% for the first 4% you personally contribute. For example, if an employee contributes 2%, Traeger will match that contribution by adding 2% to your 401(k). If an employee contributed 4%, Traeger will contribute 4%. If you contribute 5% or above, Traeger will contribute the maximum of 4%. All 401(k) contributions made by the 401(k) after 90 days of employment. Fidelity investments is the record keeper for your plan and will be the website that you log into in order to manage your account. Please visit 401k.com to enroll and log in. For questions, call (800) 835-5097.

Caliber Wealth Management
To help us with our 401(K), we are excited to be using Caliber Wealth Management as the Financial Advisor to Traeger’s retirement plan. They are available to answer any questions promptly and accurately. We encourage you to use their team and services as a resource. For questions call: (385) 223-8688.

Service items include:

Understanding your 401(K) plan and its benefits to you.

Assisting in the enrollment process.

Selecting custom investment options & designing a personal financial plan.

Helping with rollovers from old 401(K) and IRA’s

Calculating how much you should contribute.

Knowing whether to use the Roth or Traditional Pre-Tax contributions.