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Business401k Eligibility Decision Tree
By Scoops
Category: Business. Viewed 532 times. Created October 2014.     Disclaimer.   
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401k Eligibility Decision Tree

           
Has the TM been employed at least 6 months?
NO
Not Eligible
 
 
 

YES








Has the TM worked at least 500 hours during the first 6 months?
NO
Has the TM worked at least 1000 hours in a 12 month span based on hire date?
NO
Not Eligible
 
 

YES

YES







Is the TM 21 years of age or older?
NO
Not Eligible
 
 
 

YES








TM is eligible to participate in the 401k plan and can contact Fidelity to enroll
Fidelity sends out eligibility post card to TMs home address