ABOUT YOUR 401K
401ks are one of the most powerful retirement tools for individuals. TEC Group offers a 401k plan through American Funds, and ALL employees are eligible. An employee becomes eligible on the 1st of the month following 60 days of employment. American Funds offers dozens of different investment funds and fund selection can be modified at any time. Within the plan, you may make contributions directly through payroll deductions. You have the option to pull funds on a pre-tax basis, post-tax basis, or both!
If you wish to enroll and/or would like to rollover funds from an existing account into your TEC Group account, please contact benefits@tec.biz
If you already have a 401k with TEC, you may create an online account to view your retirement saving progress at www.americanfunds.com/retire
If you wish to make changes to your existing deduction amounts, please email benefits@tec.biz