TheKey’s 401(k) Plan, administered by Ascensus, gives you a head start to retirement readiness.
TheKey will match 100% on the first 3% you contribute and 50% on the next 2% for a total of 4% employer match. To receive the maximum employer contribution, you must contribute 5% of your salary to the 401(k) plan. You are immediately vested on all employee and employer contributions. In 2026, you may contribute up to the IRS maximum of $23,500 pre-tax, through convenient payroll deductions. If you are between the ages of 50 and 59 or 64 or older during the calendar year, you can make “catch-up” contributions up to an additional $7,500. If you are between the ages of 60 and 63, you can make additional “catch-up” contributions up to a maximum of $11,250.