There’s no time like now to get started saving for your retirement. The younger you are when you begin, the more time your money has to grow. So learn about your options and start saving today!
The 401(k) SMART Plan is a retirement plan offered to associates age 18 and older who have been employed for at least six months. To get started learning about the SMART Plan, visit www.publix.org > Financial Resources > 401(k) SMART Plan.
The SMART Plan website allows you to enroll in and access your SMART Plan account. It’s easy to use, and it’s a great tool to help you plan for your future!
Decide how to invest your money
The Investments tab of the SMART Plan website provides information on the objectives, strategies, risks, performance and fees for each of the investment fund options. By clicking on the asset class or fund name, you can open the Fund Fact Sheet to learn more about an investment fund option. If you want to change your investment elections or move your existing investments to another investment fund option, simply click Account > Manage Investments > Change Elections or Fund Transfer.
Set your goals
The SMART Plan website offers an interactive planning tool called myOrangeMoney. This tool allows you to test different retirement ages and financial scenarios to evaluate your retirement options, see the impact and set goals. Upon logging in to the SMART Plan website, you’ll land on myOrangeMoney.
To start planning, follow these four steps.
- Verify your personal details. Click About Me to make sure your birthday and annual pay (click Unhide) are correct, and make any necessary updates.
- Add your other income and investments. Click Other Retirement Savings & Income > Other Income to add the current value of your PROFIT Plan account, current value of Publix stock you’ve purchased through the Employee Stock Purchase Plan or any other income or investments you may have.
- Find out if you’re on track. myOrangeMoney will quickly show you if you’re on track to meet your goals or if there’s a gap in the amount of money you may need for retirement. If you have a gap, use the slidebars to see how changing your 401(k) contribution election, retirement age or investment style/rate of return on your investments impacts the gap.
- Make a change. If you decide to change your contribution election to the SMART Plan, just click the Make Change Now button.
Need some help on how to navigate the SMART Plan website? Call the Information Line at 1-888-401k-PLN (1-888-401-5756) to speak with a participant services representative Monday through Friday 8 a.m. to 8 p.m., Eastern time (except on stock market holidays).
Wait … there’s more!
The Education and Tools tab of the SMART Plan website provides you with even more financial planning information. There, you can find resources to help you manage your credit, establish a budget and get your finances in order.
So don’t wait. Start planning for your future today by visiting the SMART Plan website and checking out all it has to offer.
