401(k) Plan
Your future called. It wants you to save it some money.
Retirement might seem far away. But take a tip from those of us who are close: It can sneak up on you when life gets in the way. It won’t be long before you’ll be glad you started putting funds away early.
Trilogy’s 401(k) makes it easy (and exciting).
We want to help you start building your retirement fund now. That’s why Trilogy offers tools, flexibility and matching funds to help you save – and potentially grow – the money you’ll need for the future. Our partner is Merrill, a Bank of America company.
Here’s how it works:
- You can contribute 1% to 100% of your eligible pay with pre-tax or Roth options.
- Trilogy matches 25 cents for every dollar you contribute, up to 10% of your weekly pay.
- This plan lets you invest your way. Choose from 20+ investment options or pick a fund that adjusts automatically, reducing risk as you get closer to retirement.
- Trilogy contributes to your 401(k) and you gain access to those funds over time. You gain ownership at a rate of 20% per year – so you own the contributions fully after five years. Once you’re fully vested, every dollar Trilogy has contributed is yours to keep.
- The sooner you start, the faster you’ll start earning. Your future self will thank you — probably on a road trip from your new RV.
Full- and part-time employees are eligible for the 401(k). You must be 21 or older to enroll. New employees hired after January 1, 2025 are automatically enrolled in the plan, with the ability to opt out within the first 90 days of employment.
Life isn’t getting cheaper. So we help you prepare for your future by starting your 401(k) right away. Of course, we understand. When you’re facing today’s bills, it’s hard to think about saving for retirement. But we know saving a little now can help you achieve the security you want down the road.
That’s why:
- New employees hired after January 1, 2025 are automatically enrolled in the 401(k) plan, because we think it’s important to invest in your future.
- We’ll initially set you up to contribute 3% of your weekly pay when you’re hired.
- Each year, your contribution rate will automatically increase 1% until you reach 10%.
- You can change the amount you contribute at any time.
- Trilogy will match 25 cents for every $1 you save – up to 10% of your weekly pay. That’s free money for you – from us!
- You can opt out within 90 days of your hire date.
We make that easy, too.
- If you’re a new employee, you can opt out of auto-enrollment within your first 90 days.
- All employees can change their contribution rate at any time.
Just visit benefits.ml.com or call 800-228-4015.
Why settle for one wallet full of money when you can have two? Take advantage of both a Health Savings Account (HSA) and a 401(k). You could have more money for your future.
Here’s how:
- Start saving now and use your HSA tax-free anytime for qualified medical, pharmacy, dental and vision expenses
- That will let you save your 401(k) funds for the fun stuff, like dream homes and vacations.
Why it matters:
Out-of-pocket health care costs (which also include pharmacy, dental and vision expenses) are often one of the greatest expenses in retirement. If you use your 401(k), you’ll owe taxes on those withdrawals — but pay with your HSA, and it’s tax-free.
It’s like paying for those health care expenses at a discount!
Want to nail budgeting? Debt? Retirement?
Merrill put the help you need in one place:
- Videos, articles and tools to keep you up to date
- Seminars, webinars and other events you can attend
- Online advice to help you stay on track
✔️ Get it all on the ML website
✔️ Download the Benefits OnLine app
✔️ Call Merrill at 800-228-4015