Skip to Content Skip to Search Skip to Utility Navigation Skip to Top Navigation Skip to Content Navigation
Los Alamos National Laboratory
Los Alamos National Laboratory links to site home page
Delivering science and technology to protect our nation and promote world stability
LANL

401(k) Options

Tax-deferred and after-tax savings and retirement plans.

401(k) savings and retirement plans

Fidelity Investments is the designated administrator and record keeper of the LANS TCP1 401(k) Savings Plan and the LANS TCP2 401(k) Retirement Plan.

All account services, including enrollment, changes, account balances, loans, rollovers, and any other actions related to the 401(k) plans are handled through Fidelity.

The tax-deferred 401(k) plan is administered under the guidelines of Section 401(k) of the Internal Revenue Code.

Roth 401(k) for TCP1 and TCP2 participants

LANS offers a Roth 401(k) retirement savings option to participants in either the LANS TCP1 401(k) Savings Plan or the LANS TCP2 401(k) Retirement Plan.

The Roth 401(k) option differs from a traditional 401(k) in two specific ways:

  1. Contributions were made on an after-tax basis.
  2. There are limits on when withdrawals from the account may begin after retirement.

Qualifying distributions

Roth 401(k) retirement distributions are tax-free as long as the distribution is qualified.

A qualified distribution is one that occurs:

  • at least 5 tax years after the year the first Roth 401(k) contribution was made, and
  • after the participant has reached age 59 ½, or becomes disabled or deceased.

BrokerageLink

The 401(k) savings and retirement plans allow for an open brokerage window, giving participants the option to select mutual funds that are not in the preselected core line up.

Funds outside of the core line up are not reviewed or monitored by a plan fiduciary for suitability of participant accounts, so participants should carefully consider the risks before using the open brokerage window.


Innovations for a secure nation

Novel rocket design flight tested

Novel rocket design flight tested

The new rocket fuel and motor design adds a higher degree of safety by separating the fuel from the oxidizer, both novel formulations that are, by themselves, not able to detonate.

» All Innovations

Calendars

Contact LANL

Mailing Address
P.O. Box 1663
Los Alamos, NM 87545

Journalist Queries
Communications Office
(505) 667-7000

Directory Assistance
(505) 667-5061

All Contacts, Media







Visit Blogger Join Us on Facebook Follow Us on Twitter See our Flickr Photos Watch Our YouTube Videos Find Us on LinkedIn Find Us on iTunesFind Us on GooglePlay