127 employees reported this benefit
There is a 401K retirement savings program for Ameriprise employees.
This information about the 401K Plan benefit at Ameriprise is the result of research by Glassdoor editorial staff, and was not provided directly by a representative of Ameriprise. The description here may not reflect the current Ameriprise 401K Plan benefit.
company match typical in industry
good matching and starts immediately
Financially the plan is really good, but the company has recently changed providers and the provider is not very good from a user experience standpoint
If you work for them for less than a year, you don't get the 5% match, and, to add insult to injury, the IRS then slaps a penalty on you!
Offered a bit of a match, not that you'd earn enough to use it. Plan options were awful.
The fund selection could be better
The best outside of old governmental retirement systems. Ameriprise matches your 401(k)/Roth IRA up to 5% AND after a year to 20+ years they contribute solely to a retirement account of 2-20% depending on years of service. So at 20 years of service Ameriprise is putting in 25% of your salary towards retirement!!!
No matching contributions and not allowed until after a year.
They match contribution up to 6% and the fund choices are good.
The match is very good.