Retirement
What you need to know
Saving for retirement is important. That’s why Simplot gives eligible employees an opportunity to save for retirement through the Simplot Retirement Savings Plan. Plus, Simplot contributes to a retirement plan for all eligible employees. Depending on where you work, you may participate in the Retirement Contribution Provision (RCP) of the Simplot Retirement Savings Plan or a union pension plan. Regardless of which plan you participate in, Simplot pays 100 percent of this retirement benefit.
Who’s eligible
Most employees are eligible to participate in the Simplot Retirement Savings Plan.
Simplot Retirement Savings Plan
The Simplot Retirement Savings Plan is a defined contribution savings plan. It provides you with a tax-advantaged Roth option as well as a way to save tax-deferred dollars from your paycheck for your retirement. You can change your contribution at any time. Contributions are subject to certain IRS-regulated maximum amounts. Simplot will make a matching contribution as well.