Retirement

What does retirement look like for you? Maybe you plan to travel the world. Or maybe you’d like to take up some hobbies closer to home. Whatever your goal, it’s important to plan for your own finances so you have the income you’ll need in the future.

One of the best ways to ensure a secure retirement is to start saving as early as possible. Our 401(k) savings plan allows you to save for retirement on a pretax basis. You can begin contributing to the plan at any time once you become eligible and can start making contributions to your account through convenient payroll deductions.

Plan Documents

Plan Help & Support

Who is Eligible for the 401(k)?

All regular employees age 18 or older are eligible to participate in the plan starting on your first day of employment—so you can begin building your financial future right away.

How Do I Enroll in the 401(k)?

You can enroll in the retirement savings plan by visiting your plan provider’s website and registering with your personal information. Once registered, you’ll be able to select your contribution percentage.

Increase Your Retirement Savings with a 401(k)

POLITICO Matching Contributions Formula: 50% of the first 6% of your pay that you set aside.
Company match is subject to a vesting schedule whereby you’re 50% vested after 1 year of service and 100% vested after 2 years of service.
Contribute using convenient payroll deductions up to the IRS limit of $24,500 per year.
Change the amount of your contributions or stop your payroll contributions at any time.
Decide how to invest your 401(k) or allow the plan to choose for you.

Catch-Up Contributions

What You Need to Know for 2026
If you are currently age 50 or are turning age 50 in 2026, you can contribute and save an extra $8,000. And if you’re 60–63 or turning age 60 in 2026, you can save an extra $11,250.

New Roth catch-up rule starting in 2026
If you are age 50 or older and your prior-year wages exceed $150,000, any catch-up contributions you make to the retirement plan must be Roth (after-tax). Pre-tax catch-up contributions will no longer be allowed for those employees.