SPOTLIGHT
Citigroup is a banking giant that supports employees after retirement. You will be fully vested and automatically enrolled into the plan once you start working. They have a few contributions that add to your finances.
FEATURES
- Best for : extensive retirement plan
- Monthly contribution : varies from employee to employee
- Investment options : stock and international index funds
PROS
They will match the first 6% of your contribution 100%
There is an extra 2% contribution
CONS
The funding options are limited
SPOTLIGHT
Conoco Phillips is the largest crude oil-producing company in Alaska. They are generous with the employee matching program. For a 1% investment of your income, you will get 6%. You can invest and make your retirement plan even better.
FEATURES
- Best for : various investment opportunities
- Monthly contribution : based on your average earnings
- Investment options : bond, stock, international index funds
PROS
Enrolment is voluntary
There is an additional discretional match between 0% to 6%
Plenty of investment opportunities
CONS
Employments are hard to come by
SPOTLIGHT
Boeing Company is a world leader. Their retirement plan is one of the best in their industry and beyond. Starting in 2022, the company's 401 (K) will match employees' contributions dollar-for-dollar on the first 10%.
FEATURES
- Best for : various investment opportunities
- Monthly contribution : based on your average earnings
- Investment options : bond, stock, international index funds
PROS
Favorable 401 (K) terms
There are other company benefits employees enjoy
Potential for income growth
CONS
The company automatically enrolls employees in the plan
SPOTLIGHT
Amgen is a pioneer company in the biotech world. They are known for making generous contributions to their employees. They help people secure their financial future after they retire.
FEATURES
- Best for : employer contributions
- Monthly contribution : up to 30% of your eligible pay
- Investment options : stock, bonds
PROS
5% core contribution upfront from the company
There are employee stock purchase plan
You will get 5% whether you contribute or not
CONS
You are automatically enrolled
SPOTLIGHT
Phillip Morris International sells its tobacco and cigarettes to more than 180 countries. Working there will come with many benefits, especially when you retire. They have amazing rewards that help them retain top talents.
FEATURES
- Best for : compensations and incentives
- Monthly contribution : depends on your salary
- Investment options : international index funds and stock
PROS
Compensation can go up to 12%
They match the first 5% of your contribution
CONS
Few investment opportunities