WOMEN'S HEALTH TEXAS 401(K) PLAN Contribution & Employer Match
WOMEN'S HEALTH TEXAS 401(K) PLAN Contribution & Employer Match
WOMEN'S HEALTH TEXAS, LLC provides the following retirement savings benefits to its employees:
WOMEN'S HEALTH TEXAS 401(K) PLAN Estimated Average Employee Contribution Amount
26,947.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 421.00 in WOMEN'S HEALTH TEXAS 401(K) PLAN, assuming a 10%* annual return.
2023 & 2024 401(k) contribution limits by IRS
| Pretax and roth employee contributions | Employee and employer contributions combined | Catch-up contributions (in addition to the employee and employer combined limit, age 50 and over) | |
|---|---|---|---|
| 401(k) contribution limit for 2023 | $22,500 | $66,000 | $7,500 |
| 401(k) contribution limit for 2024 | $23,000 | $69,000 | $7,500 |
$1,440,056: this is the amount you will have saved 20 years later if you contribute the maximum of $22,500 annually for 20 years, assuming a 10%* annual return.
$4,224,165: for those who can maximize employee and employer annual $66,000 contributions for 20 years, assuming a 10%* annual return, you will be 3 times richer!
Use the 401(k) Savings Calculator to determine how much your contributions will accumulate over time.
Employer match in WOMEN'S HEALTH TEXAS 401(K) PLAN
An employer match is deemed as ‘free’ money wherein your employer contributes additional funds to your allocated retirement savings plan. The matching amount can frequently be several percentage points of your compensation. Don’t avoid this free salary ‘raise’.
WOMEN'S HEALTH TEXAS 401(K) PLAN Total Employer Contribution and Match Rate
WOMEN'S HEALTH TEXAS 401(K) PLAN Estimated Average Employer Match
Investing in this additonal $204.00 for 20 years would give you extra $13,077.00, assuming a 10% annual return.
WOMEN'S HEALTH TEXAS 401(K) PLAN Contribution & Match Policy
1. Employee Contribution Rates: Employees can contribute up to the annual limit established by the Internal Revenue Code (IRC), with automatic enrollment at 3% of eligible compensation unless changed by the employee.
2. Employer Match/Contribution Conditions: The employer matches 100% of the first 4% of contributed compensation.
3. Vesting Schedule/Eligibility: Employer contributions are fully vested upon funding for safe harbor contributions. Discretionary contributions are 100% vested after six years of credited service. Eligibility requires one year of service with 1,000 hours worked and at least 21 years of age, with participant contributions permitted after 60 days of service.
4. Roth 401(k) Contributions: Yes, the plan allows for Roth 401(k) contributions.
Recent Articles
- The Best Age (62, 67, or 70) to Claim Your Social Security Benefits
- Retirement Withdrawals in Optimal Order
- Best Strategy to Withdraw Funds in Retirement
- Retirement Milestone Cheat Sheet
- Savings Hacks
- July 2025 MyPlanIQ Portfolio Update
- Annuity Income Payout vs. Invest & Withdraw
- What $1 Million Really Buys You in Retirement: Annuity vs. Investment Strategy
- Public Pay Might Be Higher Than You Think (Once You Do the Math)
Free newsletters
High quality resources for 401k, 403b, 529 retirement plans on investment, contribution, fees, retirement planning and much more ...
Puzzled on what to invest?
- We ask a few questions to decide your personal return and risk expectations
- We build a custom portfolio for your plan (401(k), 403(b), 529 ...) or for a brokerage account
- We monitor and send timely rebalance emails on what investment funds to buy and sell
Looking for ideas to generate income?
- ETF or mutual fund income portfolios for 4-7% annual income
- Dividend stock funds
- Passive real estate investments
- more ...
Portfolio Calculator (Simulator)
Customize Asset Allocation Portfolios
Retirement Calculator
Investment Calculator
Looking for a (forgotten) 401(k)?
Find plan contact info, plan expenses, investment options, rollover your old plan, or learn how to select investments on your 401k plan ...