It’s simple to contribute to the plan through payroll deductions. The money you put into the program is pre-tax and you don’t have to pay taxes on the money until you begin to withdraw it in retirement. The amount you put into the program is your money, and you will be able to take it with you if you leave Ollie’s.
Ollie’s also helps you save by contributing a 25% match on the first 6% of your income that you contribute to the 401(K) plan.
You can participate in the 401(K) plan after 90 days of continuous employment with Ollie’s. Entry dates are the 1st of the calendar quarter following your 90 days of continuous employment.
For questions, or to enroll, please contact Fidelity at 1-800- 294-4015.