401K Savings Plan
In order to provide savings options for employees to better prepare for retirement, Columbine Health Systems offers a 401(k) savings plan. Employee contributions into the plan may only be made through payroll deductions. Contributions are deducted from employee's payroll check and are not subject to federal or state withholding taxes.
All contributions earn interest on a tax-deferred basis until withdrawn from the plan, normally at retirement. A discretionary 25% company match of employee contributions, up to 7% of gross wages is given at the end of the year.
Eligibility Requirement - 21 years of age and employed by Columbine Health Systems for 6 months.