What retirement plans are offered by HP Retirement Services?
Asked 6 months ago
HP Retirement Services offers various retirement plans to meet the diverse needs of its employees. The company provides both traditional pension plans and defined contribution plans. The traditional pension plans include the HP Cash Balance Plan and the HP Retirement Pension Plan, which offer guaranteed retirement income based on years of service and average earnings. The defined contribution plans consist of the HP 401(k) Plan and the HP Employee Stock Ownership Plan (ESOP). The 401(k) Plan allows employees to contribute pre-tax income and receive matching contributions from the company. The ESOP allows eligible employees to acquire and hold HP stock, generating potential long-term wealth. With these retirement plans, HP Retirement Services aims to ensure financial security and stability for its employees during their retirement years.
Need further help?
Type out your followup or related question and we will get you an answer right away.
Similar Questions
Need to call HP Retirement Services?
If you need to call HP Retirement Services customer service, now that you have the answers
that you needed, click the button below. You can either call them on your phone or use our
free AI-powered phone to dial for you, get a rep for you, and more.
Call HP Retirement ServicesHP Retirement Services
Find a list of many popular HP Retirement Services questions with answers or step by step guides on our FAQ page below. Or ask a whole new question and get an answer right away.
Call HP Retirement ServicesHP Retirement Services Customer Service FAQAsk a QuestionWas this page helpful?Needs work
Sharing is what powers GetHuman's free customer service contact information and tools. You can help!