401K Match Improvements

Royal American will be making the following changes to improve our 401K Employer Matching, effective June 1, 2024:

1) Eligible 401K contributions will be matched per pay period starting on 06/01/2024.
Contributions from 01/01/24 – 05/31/24 will be matched using the previous system and deposited during the first quarter of 2025

2) Enrollments will now be monthly instead of quarterly (Effective date will be the 1st of the month following 6 months of service)

We’re thrilled to make these positive changes to support our amazing team!

Please email HRretirement@royalamerican.com if you have any questions