A recent Wall Street Journal comparison of retirement benefits across major U.S. employers recognized Boeing for offering one of the most generous retirement benefit packages in the country.
Boeing’s retirement benefits are designed to help employees build long-term financial security and support their savings throughout their careers.
“We’re proud to offer our employees a 401(k) that is second to none,” said Uma Amuluru, Boeing’s Chief Human Resources Officer. “This is just one of the many ways we invest in our employees and their families and help people build fulfilling careers at Boeing.”
Benefits highlighted in the report:
- Boeing matches 401(k) contributions up to 10% of eligible pay, compared with the average employer match of 4.7%. Only 6% of employers match more than 7%.
- Boeing provides immediate 100% vesting of company 401(k) contributions.
- Eligible employees paying down qualified student loans can still receive matching 401(k) contributions.
Read the story: America’s Most Generous Retirement Benefits
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