How Can we Help You?
Managing your 401(k) is a team effort. To ensure you’re getting the most out of your benefits, we’ve clarified the roles of your two primary resources: The Annex Team and your Account Provider.
While Annex provides personalized, fiduciary advice to help you strategize and plan for the future, your Provider handles the day-to-day administration and security of your actual account. Use the guide below to determine who to contact for your specific needs.
The Annex 401(k) Team
Your Personal Financial Strategists
- Investment Guidance: Help selecting 401(k) allocations and providing one-on-one advice.
- Fiduciary Standard: We work in your best interest at all times.
- Holistic Planning: Discussing and implementing comprehensive financial plans.
- Strategic Support: Assistance with contribution levels and distribution strategies.
- No-Cost Consultations: We never collect compensation from you for our time spent together.
Your Account Provider
Your Digital Hub & Recordkeeper
- Account Access: View your balance via web, mobile app, or phone.
- Documentation: Issuing account statements, tax documents, and plan notifications.
- Maintenance: Processing changes to contributions, investments, and beneficiaries.
- Transactions: Handling loan requests and distributions.
- Plan Basics: Answering general plan questions or assisting with administrative forms.
Access your 401(k) Account
Companies partner with different 401(k) providers. Depending on where you work, your money is being held at one of these companies. To access your account, click the logo of your 401(k) provider to be redirected to your secure login.
Money Smart: Set Up An Automatic Escalation
Consider adding the automatic escalation feature to your retirement plan. Automatic escalation is a 401(k) plan feature that automatically increases your contribution amount. For instance, you can set the feature to increase contributions by 1% each year up to 10% or more.
Why? The answer is easy – you’ll end up saving more for retirement. See below for some examples of how much you could save by increasing your contribution by 1% alone:
Increase your contribution by 1% and by retirement you could…
have an additional
$85,492
- 85%
Age: 35
Earns: $60,000/yr
That’s less than $12 per week.
have an additional
- 42%
Age: 45
Earns: $70,000/yr
That’s less than $14 per week.
have an additional
$16,779
- 16%
Age: 55
Earns: $80,000/yr
That’s less than $16 per week.
This information is intended to be educational and is not tailored to the investment needs of any specific investor.
*Approximation based on a 1% increase in contribution rate. Continued employment from current age to retirement age, 67. We assume you are exactly your current age (in whole number of years) and will retire on your birthday at your retirement age. Number of years of savings equals retirement age minus current age. Nominal investment growth rate is assumed to be 5.5%. Hypothetical nominal salary growth rate is assumed to be 4% (2.5% inflation + 1.5% real salary growth rate). All accumulated retirement savings amounts are shown in future (nominal) dollars. This assumes no loans or withdrawals are taken throughout the current age to retirement age.
Your own plan account may earn more or less than this example and income taxes will be due when you withdraw from your account. Investing in this manner does not ensure a profit or guarantee against a loss in declining markets.
Investing involves risk, including the risk of loss.
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After decades of planning and preparation, Annex Wealth Management has established a way of doing business that promises the same warm, personal, one-on-one interaction to all clients. Using leading-edge technology, analytics and review, our staff of skilled professionals constantly seeks to confidently deliver an elite, full-service wealth management experience.
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