35 employees reported this benefit
At Virginia Hospital Center Health System, our Savings Plan is a resource that gives you both a way to build your own savings and receive assistance from your employer.
The plan can help you achieve your financial goals for the future in several important ways:
• Your contributions. You can save a percentage of your pay, up to IRS-determined limits each year.
• Matching contributions. The hospital adds matching contributions based on the first 8% of pay you save.
• Investment options. You choose how your account will be invested.
• Tax advantages. Your account is tax deferred to help you accumulate more for your retirement.
It is fine and seems okay.
Good retirement plan in place