Yes, your 401(k) Plan account generally can receive two types of contributions:
• Voluntary Contributions are contributions you make to your account on a before-tax basis. Your voluntary contributions and their investment earnings are always 100% vested.
• Matching Contributions are contributions your facility makes to your account. Matching contributions and their investment earnings are subject to a vesting schedule as defined in the "What are matching contributions?" article found here.
Your total account balance may also include separate accounts with contributions from other plans which may have been merged with the HCA 401(k) Plan. For example, accounts under the HCA Retirement Plan were merged into the HCA 401(k) Plan in 2008 – this account is referred to in this summary as the Retirement Plan account. Also, if you rolled over assets into the Plan, you would have a rollover account.
To access more details about the 401(k) Plan contributions, go to HCAGHR.com, click Benefits, and click on BConnected.
Remotiv is not affiliated with HCA Healthcare and is a private company hired to provide independent investment education. All responses are intended to be educational in nature and should not be considered advice.