401(k) Savings

Save now to prosper later

Save for the future today while getting tax breaks (and enjoying employer matching contributions) by participating in the 401(k) plan.

How the 401(k) works
Enrolling in the 401(k)
Contribution options
Free money from Salesforce
Investment options



How the 401(k) works

  • Contribute 1%–50% of your eligible compensation (base salary + bonuses + commissions), up to the IRS limits ($19,000 in 2019). If you’re age 50 or older, you can make extra contributions each year ($6,000 in 2019). For every $1 you contribute, Salesforce also contributes $1—up to 6% of your pay, or a maximum $5,000 per calendar year.
  • Keep contributing (maybe saving a bit more each year) to let your account grow tax-free as your investments gain returns.
  • Choose from several professionally managed funds—taking the worry out of selecting the best performers—or opt for a self-managed account. You can manage your investments through Fidelity.
  • Use flexible savings opportunities to make contributions either pretax or post-tax (known as a Roth account).
  • Withdraw money from your 401(k) account with no penalty when you reach age 59½. If you withdraw money before then, you’ll pay a penalty and taxes on that amount.

Enrolling in the 401(k)

As a new hire, you can enroll in the 401(k) plan any time after your first full pay period. If you don’t actively enroll, you’ll be automatically enrolled in the plan 30 days after your hire date, at 3% contributions.

Go to Fidelity to enroll in the plan or change your contributions

Contribution options

You can contribute to the 401(k) plan two ways: pretax and post-tax (also known as a Roth plan).

With the pretax option:

  • Contributions are deducted from your paycheck before taxes are withheld, reducing your taxable income.
  • You can contribute up to to 50% of your eligible compensation, up to the IRS limit ($19,000 in 2019). If you’re age 50 or older, you can contribute an extra $6,000.
  • Withdrawals are subject to income tax.

With the post-tax or Roth plan:

  • Contributions are deducted from your paycheck after taxes are withheld.
  • You can contribute up to to 50% of your eligible compensation, up to the IRS limit ($19,000 in 2019). If you’re age 50 or older, you can contribute an extra $6,000.
  • Withdrawals are tax-free if you own the account for at least five years and have reached age 59½.

Free money from Salesforce

For each $1 you contribute to your 401(k) savings plan account, Salesforce will also contribute $1, up to 6% of eligible pay and a maximum of $5,000 per year. The 401(k) is essential to making sure you can pay for what you need when you stop working. We encourage everyone to “meet the match” and save at least $5,000 a year in your 401(k). Otherwise, you’re leaving money on the table and may not meet your future savings goals.

Here’s how the match works: Salesforce contributes $1 for $1 on the first 6% of your eligible earnings, up to a maximum of $5,000. Let’s look at some examples of the matching contribution for an employee with an annual salary of $70,000. You can see you’ll get more for your money when you contribute at least 6% of your salary.

Employee Contribution Salesforce Contribution Total Contribution to 401(k)

4% = $2,800

$2,800 ($70,000 x 4%)


6% = $4,200

$4,200 ($70,000 x 6%) $8,400

8% = $5,600

$4,200 ($70,000 x 6%) $9,800

Investment options

You have complete control over how you invest all funds in your 401(k) account—your contributions, Salesforce’s matching contributions, and any amount that you roll over from another account. For detailed information about your investment options, review the Investment Options section (starting at page 5) of the 401(k) Enrollment Guide [PDF].


To rollover 401(k) contributions from your previous company's 401K plan:

  1. Contact your former employer's 401(k) plan administrator and request a rollover distribution. Checks should be made payable to "FIIOC—FBO your name."
  2. Complete the rollover request form, which you can get by logging into Fidelity or calling 1-800-835-5097.
  3. Once you've received your rollover distribution check, send the check along with the form to

    First Class Mail with Stamp:
    Fidelity Investments
    Client Service Operations
    P.O. Box 770003
    Cincinnati, OH 45277-0065


    Overnight Address:
    Fidelity Investments
    Client Service Operations (KC1F-L)
    100 Crosby Parkway
    Covington, KY 41015