401(k) Retirement Plan

	Health and Disability Insurance 401(k) Retirement Plan Direct Deposit Pre-tax Payroll Deductions

Pacific NetSoft has in place a 401(k) plan to help you meet your financial needs and goals. Using a 401(k) plan means you can save for your retirement on a tax-deferred basis. Your contributions come out of your pay before taxes, and the money you invest in the 401(k) is tax-deferred until you withdraw it. You can put aside money using our automatic payroll deduction into an investment option of your choice.

As a temporary employee, you can contribute up to 25% of your wages up to the maximum annual contribution allowed by IRS regulations. All funds are contributed by employees and are deposited in individual employee trust accounts. You receive a quarterly statements of your account and self-direct your 401(k) investments.