SAMARITAN HEALTH SERVICES TAX SHELTERED ANNUITY PL Contribution & Employer Match

How SAMARITAN HEALTH SERVICES Supports Your Retirement Savings

SAMARITAN HEALTH SERVICES provides retirement savings benefits through SAMARITAN HEALTH SERVICES TAX SHELTERED ANNUITY PL. Understanding your employer’s contribution structure is essential — it directly affects how quickly your retirement nest egg grows. Below you will find the plan’s average account values and contribution patterns based on publicly filed data.

* Data are from public filings.

Are You Leaving Dollars on the Table?

If you are not contributing enough to capture the maximum employer match, you are literally turning down part of your compensation. For many plans, this can mean thousands of dollars per year in lost employer contributions — money that would compound over decades.

Use the policy details and calculator below to find out exactly how much you need to contribute to capture every dollar of employer matching.

SAMARITAN HEALTH SERVICES TAX SHELTERED ANNUITY PL Contribution & Match Policy

1. Employee Contribution Rates: Eligible employees can defer a percentage of their eligible compensation into the Plan up to the maximum allowed by the Internal Revenue Code (IRC).

2. Employer Match/Contribution Conditions: Employer matching contributions are 100% of the first 2% deferred by nonunion participants and 100% of the first 3% deferred by union participants.

3. Vesting Schedule/Eligibility: Participants are fully vested in employer matching contributions after two years of service, except for certain Good Samaritan Regional Medical Center employees who become 100% vested after six months of service. An employee will be eligible for employer matching contributions after reaching 18 years of age and completing one year of service.