401(k)
The Lab offers employees a 401(k) retirement plan that allows you to save and invest a piece of your paycheck before taxes are taken out. Taxes are not paid until the money is distributed to you. Employees that meet the annual pre-tax contribution limit can elect to continue contributions on an after-tax basis.
Roth 401(k)
LANL offers a Roth 401(k) retirement savings option to employees who participate in the LANL 401(k) Retirement Plan. The Roth 401(k) option differs from a traditional 401(k) in two specific ways:
- Contributions are made on an after-tax basis.
- There are limits on when withdrawals from the account may begin after retirement.
Company match
The Lab will match your contributions to the 401(k) and Roth 401(k) up to 6% of your eligible compensation per pay period.
You may contribute 1% to 50% of your eligible compensation towards those plans if you choose, but the dollar-for-dollar match is limited to 6% of your eligible compensation and will be made on a pre-tax basis regardless of the plans (or combination of plans) to which you contribute.
Non-elective employer contribution
In addition to the company match, you will also receive an annual non-elective employer contribution to your 401(k) plan. The amount of the non-elective employer contribution is based on your years of service and your eligible compensation:
0 to <5 years | 3.5% LANL contribution |
5 to <10 years | 4.5% LANL contribution |
10+ years | 5.5% LANL contribution |
For specific information regarding annual contribution limits, visit the IRS website
401(k) and Retirement Contacts
Triad
Triad 401k | |
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Website | Fidelity NetBenefits |
Member Services | 800-835-5095 |
Triad Pension - AON | |
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Website | Your Pension Resources |
Member Services | 866-370-7301 650-351-8517 (international) |
University of California
UC's Capital Accumulation Payment (CAP) | |
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Website | My UC Retirement |
Member Services | 800-888-8267 |
UC 457(k) & 403(b) | |
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Website | Fidelity NetBenefits |
Member Services | 800-343-0860 |
Social Security
Social Security | |
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U.S. Social Security Administration | Phone: 800-772-1213 |
Local Office (Santa Fe) | 866-571-8130 |