The FutureBuilder 401(k) savings plan allows you to save for your future while taking advantage of tax savings and features like Company matching contributions. And, the sooner you begin contributing to FutureBuilder, the longer your money has to grow. Click here for an overview of the FutureBuilder 401(k) plan.
Getting close to retirement? Congratulations! Now it’s time to think about how you will manage your income. Even if you’re not close to retirement, it’s not too early to learn. The FutureBuilder 401(k) Plan is designed for saving money, but the true goal is to enable you to withdraw money in retirement. That’s why it’s called a retirement plan. The Home Depot provides numerous tools to help you save and invest. But did you know we now offer two new tools to help you manage your income in retirement as well?
Whether you want a flexible – but managed – income stream or a set, guaranteed income stream for life, one or a combination of these might be the solution for you. Check out the diagrams below to see an overview of how these tools work.
* Financial Engines® Income+ is a feature of Professional Management intended to provide income payouts from a 401(k). The Income+ feature is protected by U.S. Patent No. 8,521,633. Availability subject to deployment schedule and provider commitments. Financial Engines does not guarantee payout amounts or payouts for life.
** Hueler Income Solutions® Product not available in USVI, Guam, PR.
INCOME SOLUTIONS® is a registered trademark of Hueler Investment Services, Inc.
We are pleased to announce that the annual fee for the Financial Engines Professional Management program for FutureBuilder is now reduced for all current members.
Effective January 1, 2014, the fee for Professional Management—which provides ongoing, professional monitoring and management for your FutureBuilder account—has been reduced to 0.55% of the managed account balance per year (down from 0.60%). The new fee is about $4.58 a month for each $10,000 in the account, with discounts for balances over $100,000.
*Professional Management fees are charged in the frequency and manner detailed in the Terms and Conditions; monthly fee examples are for illustrative purposes only.
For questions, please call a Financial Engines Investment Advisor Representative at 1-800-601-5957.
Visit Your Benefits Resources to start saving in the FutureBuilder Plan.