LITTLE ROCK, Ark. (December 7, 2018) – You spoke, and we listened. Thanks to feedback from our amazing travelers, we’ve realized 401(k)s are an important benefit to our travel nurses. That’s why we’ve made the decision to add it to our benefits program, which we are continually committed to improving. The plan offers a match along with 100% vesting for eligible travelers through payroll deduction. Travelers can also roll over any funds from other retirement savings plans or accounts.
TotalMed 401(k) Qualification Details
- You must be employed with TotalMed for at least 12 months and have worked at least 1,000 hours to be eligible to enter the plan on January 1.
- Eligible travelers received an email from the TotalMed HR Department with further information and enrollment details for the week of November 26-30.
- Non-eligible travelers will have 2 opportunities to enter the plan (annually on January 1 and July 1) once they meet the plan eligibility requirements. You will receive notifications of your eligibility status and enrollment details once these events take place.
You can also explore opening an IRA account. You will have access to financial professionals that will assist you with your investment options. You can roll over these funds into your 401(k) account once you are eligible to participate in the 401(k) plan.
About TotalMed
TotalMed staffs nurses, techs, and allied professionals on multi-week assignments in healthcare facilities in all 50 states. TotalMed was awarded the HCSS Certification with Distinction by The Joint Commission and is a founding member of the National Association of Travel Healthcare Organizations (NATHO).
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If you would like more information about this topic, please send us an email or give us a call at 1-800-240-2526.
