{"id":7785,"date":"2022-01-21T15:41:16","date_gmt":"2022-01-21T15:41:16","guid":{"rendered":"https:\/\/confluentbenefits.com\/united-states\/?page_id=7785"},"modified":"2025-12-23T17:41:11","modified_gmt":"2025-12-23T23:41:11","slug":"401k","status":"publish","type":"page","link":"https:\/\/confluentbenefits.com\/united-states\/401k\/","title":{"rendered":"401(k)"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"7785\" class=\"elementor elementor-7785\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5886f0b8 e-con-full e-flex e-con e-parent\" data-id=\"5886f0b8\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-abf8366 e-flex e-con-boxed e-con e-parent\" data-id=\"abf8366\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-186cce55 e-con-full e-flex e-con e-child\" data-id=\"186cce55\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b59c6d6 elementor-widget elementor-widget-menu-anchor\" data-id=\"b59c6d6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-menu-anchor\" id=\"401\"><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b8a7c12 e-con-full e-flex e-con e-child\" data-id=\"b8a7c12\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1028072 elementor-widget elementor-widget-menu-anchor\" data-id=\"1028072\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-menu-anchor\" id=\"top\"><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-27905bb elementor-widget elementor-widget-text-editor\" data-id=\"27905bb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h1>401(k) Retirement Savings<\/h1>\n<p class=\"subhead\">It\u2019s all about the future. Yours.<\/p>\n<p>Confluent\u2019s 401(k) Retirement Savings Plan provides a powerful way to save for your future using pre- and\/or post-tax dollars. This benefit is available to all employees, including interns. When you enroll, you can set aside a portion of your salary from each paycheck and grow your savings by choosing from a range of attractive investment options offered through Fidelity.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8389974 e-n-tabs-mobile elementor-widget elementor-widget-n-tabs\" data-id=\"8389974\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;tabs_justify_horizontal&quot;:&quot;stretch&quot;,&quot;horizontal_scroll&quot;:&quot;disable&quot;}\" data-widget_type=\"nested-tabs.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"e-n-tabs\" data-widget-number=\"137927028\" aria-label=\"Tabs. Open items with Enter or Space, close with Escape and navigate using the Arrow keys.\">\n\t\t\t<div class=\"e-n-tabs-heading\" role=\"tablist\">\n\t\t\t\t\t<button id=\"e-n-tab-title-1379270281\" data-tab-title-id=\"e-n-tab-title-1379270281\" class=\"e-n-tab-title\" aria-selected=\"true\" data-tab-index=\"1\" role=\"tab\" tabindex=\"0\" aria-controls=\"e-n-tab-content-1379270281\" style=\"--n-tabs-title-order: 1;\">\n\t\t\t\t\t\t<span class=\"e-n-tab-title-text\">\n\t\t\t\tQuick facts\t\t\t<\/span>\n\t\t<\/button>\n\t\t\t\t<button id=\"e-n-tab-title-1379270282\" data-tab-title-id=\"e-n-tab-title-1379270282\" class=\"e-n-tab-title\" aria-selected=\"false\" data-tab-index=\"2\" role=\"tab\" tabindex=\"-1\" aria-controls=\"e-n-tab-content-1379270282\" style=\"--n-tabs-title-order: 2;\">\n\t\t\t\t\t\t<span class=\"e-n-tab-title-text\">\n\t\t\t\tMega Backdoor Roth\t\t\t<\/span>\n\t\t<\/button>\n\t\t\t\t<button id=\"e-n-tab-title-1379270283\" data-tab-title-id=\"e-n-tab-title-1379270283\" class=\"e-n-tab-title\" aria-selected=\"false\" data-tab-index=\"3\" role=\"tab\" tabindex=\"-1\" aria-controls=\"e-n-tab-content-1379270283\" style=\"--n-tabs-title-order: 3;\">\n\t\t\t\t\t\t<span class=\"e-n-tab-title-text\">\n\t\t\t\tEnroll\t\t\t<\/span>\n\t\t<\/button>\n\t\t\t\t<button id=\"e-n-tab-title-1379270284\" data-tab-title-id=\"e-n-tab-title-1379270284\" class=\"e-n-tab-title\" aria-selected=\"false\" data-tab-index=\"4\" role=\"tab\" tabindex=\"-1\" aria-controls=\"e-n-tab-content-1379270284\" style=\"--n-tabs-title-order: 4;\">\n\t\t\t\t\t\t<span class=\"e-n-tab-title-text\">\n\t\t\t\tNew?\t\t\t<\/span>\n\t\t<\/button>\n\t\t\t\t\t<\/div>\n\t\t\t<div class=\"e-n-tabs-content\">\n\t\t\t\t<div id=\"e-n-tab-content-1379270281\" role=\"tabpanel\" aria-labelledby=\"e-n-tab-title-1379270281\" data-tab-index=\"1\" style=\"--n-tabs-title-order: 1;\" class=\"e-active elementor-element elementor-element-09ec973 e-con-full e-flex e-con e-child\" data-id=\"09ec973\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4af9969 elementor-widget elementor-widget-text-editor\" data-id=\"4af9969\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3>Quick Facts<\/h3>\n<ul>\n<li>For 2026, you can contribute between 1% and 100% of your eligible salary each pay period less any applicable tax withholdings and benefit deductions, up to the IRS-allowed annual total contribution limit of $24,500. This amount applies to both pre-tax and Roth contributions you make.<\/li>\n<li>If you\u2019re age 50 and older, you can save even more by making up to an additional $8,000 in \u201ccatch-up\u201d contributions each year.\n<ul>\n<li aria-level=\"2\">If you\u2019re age 60-63, you can make up to\u00a0 $11,250 in \u201csuper catch-up\u201d contributions.<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\">If you made more than $150,000 in FICA wages with Confluent in 2025, your catch-up contributions are required to be made on a Roth basis. This will happen automatically in Confluent payroll, even if you haven\u2019t elected to make Roth contributions. <\/li>\n<\/ul>\n<\/li>\n<li>After-tax contributions allow you to contribute an additional $47,500* to your 401(k) above regular contribution limits. Once you make after-tax contributions to your 401(k), you can convert that money to Roth, which allows for tax-free earnings. This strategy is commonly referred to as \u201cmega backdoor Roth\u201d- see the mega backdoor Roth instructions for information on how to set this up with Fidelity.<\/li>\n<li>Your participation in the Confluent 401(k) plan is always your call. You can choose to enroll, opt-out of, or re-enroll in the plan any time you wish. You can also elect to increase or decrease the amount you set aside in the plan at any time.<\/li>\n<li>Whether you\u2019re new to Confluent or already enrolled in our 401(k), visit Fidelity\u2019s <a href=\"https:\/\/login.fidelity.com\/ftgw\/Fas\/Fidelity\/NBPart\/Login\/Init\/df.chf.ra\/\" target=\"_blank\" rel=\"noopener\">site<\/a> to enroll, update your contributions, or access a wealth of financial wellness content, tips, and tools.<\/li>\n<\/ul>\n<p class=\"disclaimer\">*After-tax contributions may be limited to a lesser amount due to legally required nondiscrimination testing.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div id=\"e-n-tab-content-1379270282\" role=\"tabpanel\" aria-labelledby=\"e-n-tab-title-1379270282\" data-tab-index=\"2\" style=\"--n-tabs-title-order: 2;\" class=\" elementor-element elementor-element-65efbf3 e-con-full e-flex e-con e-child\" data-id=\"65efbf3\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7395edd elementor-widget elementor-widget-text-editor\" data-id=\"7395edd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3>Mega Backdoor Roth<\/h3>\n<p>To set up Mega Backdoor Roth in your Confluent 401(k), take the following steps:<\/p>\n<ol>\n<li>Log into <a href=\"https:\/\/login.fidelity.com\/ftgw\/Fas\/Fidelity\/NBPart\/Login\/Init\/df.chf.ra\/\" target=\"_blank\" rel=\"noopener\">NetBenefits<\/a> and navigate to Manage Contributions. Set your after-tax election percentage. Note it may take 1-2 pay cycles for this to update in payroll.<\/li>\n<li>After setting your after-tax contributions, call Fidelity at <strong>800-835-5097<\/strong> and ask to turn on \u201c<a href=\"https:\/\/confluentbenefits.com\/united-states\/wp-content\/uploads\/sites\/3\/2022\/12\/ECM-Automated-Roth-In_Plan-Conversion-Flyer_updated.pdf\" target=\"_blank\" rel=\"noopener\">automated daily in plan conversion<\/a>.\u201d This allows Fidelity to convert any after-tax contributions you may have to Roth at the end of every business day. If you do not take this step, you may be liable for taxes on any earnings associated with your after-tax contributions.<\/li>\n<li>You only need to call Fidelity one time to set up automated daily in plan conversion. Once enabled, Fidelity will convert all future after-tax contributions to Roth year after year.<\/li>\n<li>Please note it is only beneficial to use this feature if you are already maxing out your pre-tax\/Roth 401(k) contributions. See this <a href=\"https:\/\/docs.google.com\/document\/d\/1m7hHEXPN8BVJUjqdbbb_SAEM38A4y8HZ\/edit\" target=\"_blank\" rel=\"noopener\">FAQ<\/a> [internal only] for more details.<\/li>\n<\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div id=\"e-n-tab-content-1379270283\" role=\"tabpanel\" aria-labelledby=\"e-n-tab-title-1379270283\" data-tab-index=\"3\" style=\"--n-tabs-title-order: 3;\" class=\" elementor-element elementor-element-0290021 e-con-full e-flex e-con e-child\" data-id=\"0290021\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f3aa03e elementor-widget elementor-widget-text-editor\" data-id=\"f3aa03e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3>Enroll<\/h3>\n<ol>\n<li>Visit <a href=\"http:\/\/www.netbenefits.com\" target=\"_blank\" rel=\"noopener\">www.netbenefits.com<\/a>, click on \u2018Register as a new user\u2019 and set up your username and password. Navigate to the \u201cManage Contributions\u201d tab and set your 401(k) contributions there. Note it may take 1-2 pay cycles for changes to be reflected in payroll.<\/li>\n<li>If you already have an account with Fidelity, you can use the same login information to access your Confluent 401(k) account. If you have forgotten your login information, click the &#8216;Forgot login&#8217; link.<\/li>\n<li>Don\u2019t forget to specify your 401(k) beneficiaries. Your Fidelity beneficiaries are stored separately from your life insurance beneficiaries<\/li>\n<\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div id=\"e-n-tab-content-1379270284\" role=\"tabpanel\" aria-labelledby=\"e-n-tab-title-1379270284\" data-tab-index=\"4\" style=\"--n-tabs-title-order: 4;\" class=\" elementor-element elementor-element-a39d083 e-con-full e-flex e-con e-child\" data-id=\"a39d083\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1b943df elementor-widget elementor-widget-text-editor\" data-id=\"1b943df\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3>New to Confluent?<\/h3>\n<p><strong>Remember:<\/strong><\/p>\n<ul>\n\t<li>It can take up to two weeks from your hire date for your information to be processed with Fidelity, and then you\u2019ll get an email from Fidelity prompting you to create an account and set your contributions.<\/li>\n\t<li>Remember that 401(k) contributions made at your former employer count against the annual IRS limit. You\u2019ll want to factor those in when setting your Confluent contributions. You are responsible for ensuring you don\u2019t overcontribute to your 401(k).<\/li>\n<\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-55941d5b e-con-full e-flex e-con e-child\" data-id=\"55941d5b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-32b0d2a e-con-full e-flex e-con e-child\" data-id=\"32b0d2a\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b8c953f elementor-widget elementor-widget-text-editor\" data-id=\"b8c953f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2 class=\"sidebar\" style=\"margin-top: 25px;\">Contacts &amp; Resources<\/h2>\n<h3 class=\"sidebar\">Fidelity<\/h3>\n<p>Confluent plan #: 33363<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1b2ce4c elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-global elementor-global-17100 elementor-widget-icon-list\" data-id=\"1b2ce4c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/nb.fidelity.com\/static\/mybenefits\/netbenefitslogin\/#\/login\" target=\"_blank\" rel=\"nofollow\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-globe\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">netbenefits.com<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"tel:18008355097\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-phone-alt\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">800-835-5097<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/myguidance.fidelity.com\/ftgw\/pna\/public\/lifeevents\/content\/sending-child-to-college\/overview\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-globe\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">College Saving Tool<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"http:\/\/www.brainshark.com\/fidelityemg\/college\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-video\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Saving for College<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"http:\/\/www.brainshark.com\/fidelityemg\/studentdebt\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-video\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Create a Budget, Ditch your Student Debt, and Start Saving for the future<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.brainshark.com\/fidelityemg\/ManagingtheUnexpected42020\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-video\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Manage Unexpected Events and Expenses<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>401(k) Retirement Savings It\u2019s all about the future. Yours. Confluent\u2019s 401(k) Retirement Savings Plan provides a powerful way to save for your future using pre- and\/or post-tax dollars. This benefit is available to all employees, including interns. When you enroll, you can set aside a portion of your salary from each paycheck and grow your [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"class_list":["post-7785","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/confluentbenefits.com\/united-states\/wp-json\/wp\/v2\/pages\/7785","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/confluentbenefits.com\/united-states\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/confluentbenefits.com\/united-states\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/confluentbenefits.com\/united-states\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/confluentbenefits.com\/united-states\/wp-json\/wp\/v2\/comments?post=7785"}],"version-history":[{"count":163,"href":"https:\/\/confluentbenefits.com\/united-states\/wp-json\/wp\/v2\/pages\/7785\/revisions"}],"predecessor-version":[{"id":19576,"href":"https:\/\/confluentbenefits.com\/united-states\/wp-json\/wp\/v2\/pages\/7785\/revisions\/19576"}],"wp:attachment":[{"href":"https:\/\/confluentbenefits.com\/united-states\/wp-json\/wp\/v2\/media?parent=7785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}