Retirement Plans

Once you receive your welcome notification from Fidelity (either an email or a letter to your home address), you can go to Fidelity NetBenefits and elect how much you want to contribute from your paycheck to your Republic Services 401(k) Savings Plan. If you’re enrolling for the first time, select Register as a new user to create your username and password.

If you’re a new hire and take no action, after 90 days of employment you’ll automatically be enrolled at a 3% pre-tax contribution rate in the 401(k) Savings Plan’s Target Date Retirement Fund that is closest to your estimated date of retirement, based on your date of birth. Each year for the next two years, your election will automatically increase by 1%, up to a 5% maximum.

You can contribute to the 401(k) Savings Plan on a pre-tax or after-tax (Roth) basis. Put in as little as 1% of your pay or up to 75% of your pay. However, you must stay within the annual IRS limits. You can change the amount you save as often as you want. Just make sure to review your personal situation to figure out which option works best for you.

Get free money for doing something you should do anyway! Republic Services will match your contributions dollar for dollar on the first 3% of pay you contribute, and 50 cents on the dollar for the next 2% of pay you contribute.

Your contributions are deposited with Fidelity each pay period. The match is calculated on the combined total of pre-tax and Roth contributions and contributed to your account each calendar quarter.

There are plenty of investment options to choose from. If you’re comfortable with selecting your own investments, you can choose individual investment funds available in the plan. If not, we offer Target Date Retirement Funds that take the confusion and worry out of investing. Just choose the Target Date Retirement Fund closest to your retirement year and that’s it.

Want professional investment advice? You have access to the Fidelity Personalized Planning and Advice program, available for a fee, so you can receive professional assistance in creating a personalized investment strategy, including:

• Your personal goals
• All your financials, including non-Fidelity retirement accounts
• Your risk comfort level and how long your money needs to last after retirement

To take advantage of this program, call 866.811.6041 to speak with the retirement planning team, or log in to Fidelity NetBenefits and select Investments then Managed Account.