You're eligible to participate in the Baker Botts L.L.P. 401(k) and Savings Plan.

 

The Plan offers great features, including:

  • Saving on a pre-tax basis, which lowers the taxes you pay today
  • Tax-deferred savings growth; you pay taxes only upon withdrawal
  • The option to save with Roth 401(k) contributions, allowing you to pay taxes today but not in retirement
  • A choice of investments, including easy-to-use Vanguard Target Retirement Funds
  • A Self-Directed Brokerage Account, giving you more flexibility in choosing your investment options
  • Access to your savings through loans and certain in-service withdrawals if needed
  • The ability to make changes to your contribution rate and/or investment options at any time
  • Rollover options, allowing you to consolidate your balances from other eligible retirement plans and keep track of your savings in one place
  • If you are a staff member and you don't actively choose whether you are enrolled, you will be automatically enrolled at a pre-tax contribution rate of 3%. Your contributions will be invested in the default Vanguard Target Retirement Fund based on your date of birth. You can opt out of automatic enrollment at any time.

About Voya Financial®

Voya Financial (NYSE: VOYA), is the company that takes care of the daily servicing of the Plan, providing you with Plan information, saving and investing education, transaction processing, statements, and more. Voya serves the financial needs of millions of individual and institutional customers in the United States. Voya is grounded in a clear mission to make a secure financial future possible – one person, one family, and one institution at a time. For more information, visit voya.com.

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