Your Financial Health
401(k) Retirement Plan
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Additional Information
All changes to your 401(k) must be done with Fidelity directly by contacting 800.835.5097 or Fidelity NetBenefits at 401k.com.
You can make changes to your 401(k) contributions at any time.
Questions?
Eligibility
All Cision full-time employees over the age of 18 are eligible to enroll in Cision’s 401(k) plan with Fidelity immediately effective their date of hire.
Benefits of Contributing to a 401(k) plan
There are many great benefits to being a participant in the Cision US, Inc. Retirement Plan and Trust. Among those benefits is exceptional customer service— online or by phone. In fact, you can count on your company and Fidelity to help support you every step of the way.
Find out how simple it can be to enroll, manage your account, and take advantage of what your company and Fidelity have to offer.
How to Enroll
If you havent already, enrolling in your plan is the right step towards a more secure retirement. Its easy to join your plan and make that next great investment in yourself.
Enrollment Instructions
Here’s how to enroll:
- First, go to Fidelity NetBenefits at 401k.com.
- Next, set up your password. If youre already a Fidelity customer, you can use your existing password. Please note, you will be prompted to enter your email address.
- Finally, click on the link to enroll.
If you have questions or need help before getting started, visit 401k.com or call Fidelity at 1.800.835.5097.
Additional Information
What You Can Contribute
You can contribute 1% to 100% of your eligible compensation, inclusive of pretax and/or Roth deferrals. The IRS limit is $23,000 for 2024 (including contributions made to the 401(k) through a previous employer).
2024 401(k) annual contribution limits
- Pre-tax and/or Roth after-tax contributions (402g limit): $23,000
- Cision company maximum match: $9,150*
- Traditional after-tax contributions: $33,600
- IRS maximum contribution limit total (415 limit): $66,000
*Based on IRS-eligible annual compensation maximum
If you’re age 50 or over, you can contribute an additional $7,500 in catch-up contributions. In addition, you can defer up to $33,600 in traditional after-tax contributions for a maximum contribution limit of $73,500.
Matching Contributions
For each $1 you add as pretax or Roth after-tax contributions to your 401(k), Cision will contribute 50 cents, up to 6% of your eligible pay, each pay period, up to the IRS-eligible annual compensation maximum of $330,000.
When am I vested?
The term “vesting” refers to the portion of your account balance that you are entitled to under the plan’s rules.
You are always 100% vested in your:
- employee pretax account
- rollover account
- after-tax account
- Roth 401(k) after-tax deferral account
- and any earnings thereon.
Vesting Schedule
Employer profit sharing contributions, matching contributions and earnings will be vested in accordance with the following schedule:
Years of Service for Vesting | Percentage Vested |
---|---|
Less than 1 | 0 |
1 | 50 |
2 | 100 |
Withdrawals
Can I take a loan from my account?
Although your plan account is intended for your retirement, you may take a loan from your account. You may call the Retirement Benefits Line at 1.800.835.5097 between 8:30 a.m. and 8:00 p.m. on any business day when the New York Stock Exchange is open. Fidelity Representatives can assist you with transactions and answer many of your questions.
Can I make withdrawals from my account?
Withdrawals from the Plan are generally permitted in the event of termination of employment, retirement, disability, or death. You may also be eligible for a withdrawal in the case of a severe financial hardship as defined by your Plan. You may call the Retirement Benefits Line at 1.800.835.5097 between 8:30 a.m. and 8:00 p.m. on any business day when the New York Stock Exchange is open. Fidelity Representatives can assist you with transactions and answer many of your questions.
Your Investment Options
Choose the plans funds
Fidelity provides a number of investment funds so you can build a portfolio that fits your needs. If you’re not sure where to begin, consider a Target Retirement Trust. You select a fund named for a year close to when you expect to retire, and that fund’s mix of stocks, bonds and other investments automatically becomes more conservative as the target year approaches.
Invest on your own
Before investing in any investment option, consider the investment objectives, risks, charges, and expenses. Contact Fidelity for a mutual fund prospectus or, if available, a summary prospectus containing this information. Read it carefully.
You can spread your investments among several options to take advantage of what each has to offer and help balance different types of risk. Reviewing this information can help you understand and compare your options. For more complete information about any of the mutual funds available through the plan, including fees and expenses, log on to Fidelity NetBenefits at 401k.com for prospectuses. Read them carefully before you invest.
View the Documents page to learn more about your investment options.
Ready to get started?
To choose your investments, Investing in yourself is easy with your retirement plan. You can count on us to support you every step of the way with our account management website, Fidelity NetBenefits. First log in to 401k.com and we’ll show you how to get started step by step.
Step 1: Enroll online today. Go to 401k.com and click on ‘‘Register Now’’ when logging in for the first time. Follow the instructions to enroll online. Call the Retirement Benefits Line if you need assistance at 1.800.835.5097.
Step 2: Decide how much to invest and enter your contribution per pay period.
Step 3: Select how you want to invest your contributions among the investment options available in the plan. Investment performance and fund descriptions are available online or over the phone. If you are interested in additional information about investing, go to the NetBenefits Library to learn more.
Enroll today and start saving for your retirement.