Retirement Benefits
Cone Health offers several ways to build a financially secure retirement.
IMPORTANT ANNOUNCEMENT
2020 401(a) Employer Contribution
We recently funded the 401(a) retirement accounts of eligible employees for the 2020 plan year based on our outstanding performance last year. Each eligible employee will have a letter posted by May 31 to Cone Health Worx with details about contributions to his/her VALIC (AIG) account. To view your individual letter, go to My Pay > My Documents > My Employee Documents > “2020 401a Contribution.” Find more details here.
401(a) Retirement Plan
Your Cone Health 401(a) retirement plan affords you an excellent opportunity to help accumulate money for a secure retirement. In addition to the fact that Cone Health contributes to your account, that account benefits from the opportunity for tax-advantaged growth.
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403(b) Voluntary Savings Plan
Your Cone Health System 403(b) Voluntary Savings Plan affords you an excellent opportunity to help accumulate money for a secure retirement. You contribute pretax dollars automatically by convenient payroll reduction, which may lower current income taxes. You may also make after-tax contributions to a Roth account in the plan by convenient payroll deduction. In addition, Cone Health will contribute to the plan on your behalf as outlined below. Your accounts benefit from the opportunity for tax-advantaged growth.
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