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FAQs for Your Retirement Plan

  • ● Tax Savings: You don’t pay taxes on the money you put in until you take it out. ● Employer Match: Your employer adds extra money to your account. ● Easy Saving: Money is taken directly from your paycheck, making saving automatic.

  • Visit Principal to enroll.

  • Click here to access your account.

  • ● Age 18 ● 1 year of service

  • ● Make an estate plan and prepare your will ● Attend the monthly educational webinars ● Update your beneficiaries ● Confirm your risk tolerance and review your investment options

  • You can contribute a portion of your paycheck to the 401(k) plan, with the maximum deferral amount being $23,500 for 2025. Employees aged 50 or older can make additional "catch-up" contributions of up to $8,000.

  • ATL Airport Community Improvement Districts offers a matching contribution of 100% on the first 3% of your compensation that you contribute, and 50% on the next 2%. This means if you contribute 5% of your salary, AACID's will match 4% of it, maximizing your retirement savings.

  • The plan also includes a Roth 401(k) option, allowing you to make after-tax contributions. Withdrawals from a Roth 401(k) in retirement are tax-free, provided certain conditions are met and do not interfere with any Roth IRA contributions you may have made outside of the plan.

  • Yes, the ATL Airport Community Improvement Districts retirement plan accepts rollovers from other qualified retirement plans. Click here for more information and contact the plan advisor to discuss your options.