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.
Who is Eligible for the 401(k)?
All US-based employees over the age of 21 are eligible to participate in the company’s retirement savings plan on the first of the month following eligibility.
New employees will be automatically enrolled at 1% after your 2nd payroll period. You may change or opt-out at any time.
How Do I Enroll in the 401(k)?
You can enroll in the retirement savings plan by visiting Fidelity at 401k.com and registering with your personal information. Once registered, you’ll be able to select your contribution percentage and work with Fidelity to rollover your balance from any prior 401(k)’s.
Increase Your Retirement Savings with a 401(k)
- Plan #3995H
- Contribute using convenient payroll deductions up to the IRS limit of $24,500 per year.
- You will be automatically enrolled at 1% pre-tax after your second payroll. To decline enrollment or increase the contribution %, login to your Fidelity 401(k) account (after receiving your second payroll).
- 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.
- Each year the IRS sets annual contribution limits for combined pre-tax and Roth deductions. It will be your responsibility as a new hire to account for any previous 401(k) contributions outside of Kong and ensure you do not contribute past your eligible amount.
- The 401(k) contribution limit for employees age 50 or older is $34,500 per year.
- The 401(k) contribution limit for employees age 60-63 is $35,750 in 2026 per year.