Saving for retirement is important, and the BrightSpring Retirement Savings Plan can help you build your financial future.
The BrightSpring Retirement Savings Plan allows you to contribute through payroll deductions using:
Traditional Pre-Tax 401(k): Contributions are made on a pre-tax basis, reducing your current taxable income. Applicable taxes are generally due when money is distributed from your account.
Roth 401(k): Roth contributions are made with after-tax dollars. Qualified Roth distributions may be tax-free, subject to applicable requirements.
You can choose the approach that works for you or use a combination of pre-tax and Roth contributions, subject to Plan and IRS limits. We offer a valuable benefit to help you save for a financially secure future. The BrightSpring Retirement Savings Plan is a defined contribution plan that allows both you and the Company to contribute to your retirement savings.
Don’t Forget Your Beneficiary: Your beneficiary designation determines who will receive your retirement account balance if you die.
Take Advantage of the Company Match!
BrightSpring matches 100% of your eligible contributions up to 3% of eligible compensation.
Don’t leave money on the table. If you’re eligible for the company match, consider contributing at least enough to receive the full match available to you. Note: Highly Compensated Employees are excluded from the match.
Build Your Savings Over Time
Consider the Annual Increase Program: Small increases can make a difference over time. Fidelity’s Annual Increase Program allows you to automatically increase your retirement contribution percentage each year.
You can manage your contribution amount and available savings elections through Fidelity NetBenefits.
Retirement Resources
- Enrollment Guide
- Rollover Instructions
- Download the NetBenefits Mobile App or (SSO accessible through the BrightSpringConnect App)
- You may also access the Fidelity online portal at www.netbenefits.com or call 800-970-2363 to be connected with the 401(k) participant services.
