The Horizon 401(k) Plan is a retirement savings plan that provides one element of your overall retirement portfolio. It is available for employees of nonprofit and for-profit organizations that sponsor the plan.
Who Can Participate?
This plan is available to employees of United Methodist churches and other Church-related organizations that sponsor the plan. Contact your employer about eligibility requirements.
How Does the Horizon 401(k) Plan Work?
The Horizon 401(k) Plan is an individual account-based plan designed to help you save for retirement. This means you can make contributions as a percentage of your compensation through payroll deduction or in flat-dollar amounts up to Internal Revenue Code limits. You may choose to make before-tax and/or Roth contributions through payroll deductions. In addition, your employer may contribute to your retirement account on your behalf. (Contributions may vary for each employer.)
Contact your plan sponsor about enrolling in your retirement plan. After you’re enrolled, you can access account information online through Benefits Access or call a Wespath representative at 1-800-851-2201.
