It’s a journey entirely unto itself. Make sure you have enough fuel to enjoy the ride.
Saving in the Southeastern Freight Lines Retirement Savings Program can go a long way toward helping you achieve your goals.
Take a few minutes to learn more about the Program features as well as the tools and resources available to help you keep moving toward the financial future you want.
As part of automatic enrollment, 6% of your before-tax pay will be automatically contributed to the Program and invested in a T. Rowe Price Retirement Trust with a target date closest to the year you’ll turn 65.
Make changes to these default selections at any time at rps.troweprice.com.
You’ll receive details about your automatic contributions before payroll deductions are scheduled to begin. There will be a 30-day window in which you can contact T. Rowe Price at rps.troweprice.com or call 1-800-223-4055 to change your contribution rate or your investment election—or to opt out of the Program altogether—before your first contribution is deducted from your pay.
For every dollar you contribute (up to 10% of your pay), Southeastern Freight Lines will add 50 cents. So when you combine your 6% default contribution at enrollment with the company match, your contribution is actually 9% of your pay. The 50-cent match continues on every dollar up to 10% of your pay. To maximize the match, contribute 10% of your pay, which is actually 15% with the full match—the rate suggested by many financial experts.
Take advantage of the company match and get the most out of your contributions.
If you can’t contribute as much as you’d like right now, the Program offers the T. Rowe Price Automatic Increase service. It bumps up your contribution by 1% of your pay each year in September until it reaches 10% of your paycheck.
That way, you can keep progressing toward your savings goals, a little at a time.
Keep your account safe by setting up secure access at rps.troweprice.com.
You can always make changes to your contribution rate, contribution type, or investment option.
Make sure your savings will go to the person or people you choose in the event of your death.