Make a real difference in the future of your retirement

How? By joining the Chicago Tube and Iron Company Employees’ Profit Sharing & 401(k) Savings Plan.

The Plan we offer is a valuable benefit to help you save for the future. Saving now can help you have the income you’ll need at retirement. The Chicago Tube and Iron Company Employees’ Profit Sharing & 401(k) Savings Plan has an automatic enrollment feature that makes participating in the Plan easy once you become eligible. Each pay period, a portion of your pay will be automatically contributed to your Plan account through convenient payroll deduction. You may change or stop your contributions, if you choose. It is important to remember that you will be automatically enrolled in the Plan unless you specifically elect out of it. Chicago Tube and Iron Company may also make contributions to your account. Contributions are then allocated to the Plan’s investment options you select. If you do not make a selection, contributions will be allocated to the Plan’s default fund(s) until your investment elections are received. See the “How Are Plan Contributions Invested?” section of the Plan Highlights for more information.

There are significant tax advantages, too. For example, your qualifying contributions, employer contributions and all earnings on your account are not subject to current federal income tax (or, where applicable, state or local taxes) until you take them out of the Plan. This tax deferral gives your retirement savings the ability to grow under the most favorable terms possible.

By combining convenience with these special tax benefits, your retirement savings plan offers you one of the best ways to fund your future.

We are excited to offer you this worthwhile benefit and we hope you will use it to help make your retirement dreams a reality. So get started today and take the first step toward a brighter financial future!