Retirement Savings Plan
What to Know
Your industry-leading DuPont Retirement Savings Plan (RSP) will help you save for the retirement of your dreams, with a 100% match on your contributions from DuPont on up to 6% of your eligible pay, plus an additional 3% discretionary Retirement Savings Contribution. That’s a total annual contribution of 9% to your RSP from DuPont.
How It Works
To help you save for a financially secure retirement, all DuPont employees are automatically enrolled in the RSP 60 days after their hire, with a contribution rate of 6% of eligible pay.
You’re able to start, stop, or change your DuPont RSP contribution at any time throughout the year. DuPont fully matches your contributions up to 6% of your eligible pay. You’re vested in your contributions and the DuPont match immediately. In addition, each pay period, you’ll automatically receive a Company-provided Retirement Savings Contribution of 3% of your eligible pay. You’re vested in the Retirement Savings Contribution once you’ve been with DuPont for three years.
Three Savings Options
You can make before-tax, Roth, or after-tax 401(k) contributions of up to 90% of your eligible compensation, subject to the IRS annual limit, which is $23,000, plus an additional $7,500 if you’re age 50 or older by the end of the calendar year.
The IRS also limits the total amount that can be contributed by both you and DuPont to your Retirement Savings Plan each year. This maximum amount includes before-tax, Roth, and after-tax contributions, as well as your matching contributions from DuPont. Make sure to check the IRS limits on an annual basis to ensure you’re maximizing your contributions each year.
Here are the key features of each savings option.
Feature
About
Amount You Can Contribute
($30,500 if age 50 or older by the end of the calendar year)
($30,500 if age 50 or older by the end of the calendar year)
($76,500 if age 50 or older by the end of the calendar year)
Investment Options
In addition to choosing your savings option, you can also choose how your RSP will be invested. The RSP’s investment options include funds that invest in different securities, with different objectives and strategies.
You can choose from the following investment options:
- A mix of options through the Core Investment Menu. You can use these options to create your own portfolio, based on your financial goals and level of investment risk.
- A diversified portfolio through Target Retirement Funds. Each fund is considered a single investment option, based on the year you intend to retire or begin receiving retirement payments.
- An online investment advice service through Advice Access, which provides a specific, personalized recommendation for investments in the Core Investment Menu.
- The default investment option, known as the PersonalManager® service, for those who don’t submit any investment instructions.
How to Get Started
For more information on the Retirement Savings Plan, your savings options, or your investment options, we encourage you to visit Merrill’s website. You can also call Merrill throughout the year at 1-877-337-5267 for any questions you have about the Plan.
Resources
Take a financial wellbeing assessment (Note: You will need to log in to Merrill before accessing the tool)
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