Employee Benefits Brochure 2015-2016.pdf

401(K) SAVINGS PLANToll Brothers offers a 401(k) Savings Plan that gives youthe opportunity to save for your future with before orafter-tax dollars. You decide which option and howmuch to save through payroll deductions.You may contribute up to 100% of your annual payto the plan each year, subject to IRS limits. PrudentialRetirement Services administers the 401(k) Savings Planfor Toll Brothers. Once you become eligible (1st dayof the month following 60 days of service), you mayenroll in the 401(k) plan through Prudential at any timethroughout the year.EMPLOYER CONTRIBUTIONS:You are eligible for employer contributions on the12-month anniversary of your benefit effective date– Matching contributions: $.50 for each $1.00 youcontribute, up to 4% of compensation– Discretionary contribution: 2% of compensationYou may choose how the contributions to your accountare invested among the plan’s various investment fundoptions. For more detailed plan information and investmentfund option literature, or for any questions, contactPrudential Retirement plan at 800-562-8838, or visitwww.prudential.com/online/retirement.Benefits of our 401(k) Savings Plan:■■Contribute from 1% to 100% of pay, up to IRS limits■■Choose among a broad range of investment optionsand change the mix of your investments at any time■■You have the option of putting your deductions intoa Roth 401(k), which means you’ll put after-tax moneyin, but it will grow tax-free and will be distributedtax-free upon retirement■■Immediate 100% vesting in your contributions,which means that all of the money you’ve contributedbelongs to you. A vesting schedule applies toemployer contributions. Refer to the 401(k) SavingsPlan Summary Plan Description for details■■Change your contribution amount at any time■■You can access your money through a loan or ahardship withdrawal15