BWXT Y•12 - A BWXT/Bechtel Enterprise
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Your Savings Program Account
The Savings Program Information Sources
Your Investment Options
Investment Options Summary
Withdrawals from Your Deferred Account
Program Payouts
Taxation of Withdrawals and Final Payouts
Your Quarterly Statement
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Savings Plan

Your Savings Program benefits are designed to work together with the Pension Plan and Social Security benefits to provide you with retirement income.

Highlights

The Savings Program …

 

… Lets Your Account Grow Tax-Deferred
Your existing account balance is tax-deferred, which means you will not pay federal income taxes on this amount until you take the money out of the Savings Program.

… Gives You the Opportunity to Invest in Your Future
You can invest your existing account balance in any one or more of twelve investment funds.

… Provides 24-Hour Access to Account Information
The Savings Program information line and Internet access offer up-to-date information about your account 24 hours a day, 7 days a week.

What happens to your benefits when...
For more information about what happens to your Savings Program participation when certain changes or events occur, see “How Changes Affect Your Benefits” in the “About Your Benefits” section.