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401(k) & Profit Sharing

What are 401(k) and profit-sharing workplace retirement plans?

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401(k) and profit-sharing plans offer convenient retirement savings with employer contributions and payroll deductions.

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What Are the Benefits?

Tax-Deferred Earnings

Any earnings grow tax deferred and are taxed at your ordinary income tax rate at the time of withdrawal.

Higher Contribution Limits

The annual contribution maximum is higher than for IRAs.

Investment Control

You and your employer contribute, but you get to choose your own investments for your retirement plan. The money is always yours, even if you change jobs.

No Loads

You won’t pay any up-front or back-end sales charges* on American Century’s no-load mutual funds.

Guidance at No Additional Cost

Get personal assistance from a dedicated team of Business Retirement Specialists.

Under Age 50
Contribute up to $22,500 with pre-tax payroll deductions (or Roth, if your plan permits).

Age 50 or Older

Contribute up to $22,500 with pre-tax payroll deductions (or Roth, if your plan permits) and an additional $7,500 in catch-up contributions, if permitted by your plan.

Contribution Types
Pretax contributions reduce your current income.

Roth contributions (if allowed by the plan) are taken after taxes but allow tax-free qualified withdrawals when you retire.

Employer 401(k) Contributions
Your employer can contribute up to 25% of your pay or $66,000, whichever is less. Combined employee and employer contributions (excluding catch-up) can't exceed 100% of your pay or $66,000, whichever is less.

An annual $25 service fee will also be deducted from your account.

A portfolio that matches your investment goals may give you the best chance for investing success.

Whatever your investment style and objectives, we have you covered. Choose from the convenience of an all-in-one fund solution, build your own fully diversified portfolio or complement your current investment mix with funds from our broad lineup.

Our Diversified Portfolios

Our Mutual Funds

Do you have other retirement money, such as an old 401(k) account with a previous employer? Having all your retirement savings in one place can make it easier to track your progress toward your goal. Consider consolidating your investments with American Century. Complete the Request to Transfer form to get started.

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How Do I Enroll in My Plan?

1. Complete Election Form

Complete the Participant Investment Elections form and return to us.

By Fax:

By Mail:
American Century Investments
PO Box 419385
Kansas City, MO 64141-6385

2. Choose Contributions

Complete a Salary Reduction Agreement (if plan allows payroll deductions) and return to your benefits or payroll office.

Not needed if opening an individual 401(k) rather than a small business 401(k) plan.

3. Choose Beneficiaries

Complete a Designation of Beneficiary form and return to your benefits office or retain for your records if opening an individual 401(k).

Ready to Invest?

Contact your employer or call a Business Retirement Specialist at 1-800-345-3533 for help getting started.

Both load and no-load funds have an expense ratio, which is the amount (%) of total investment that shareholders pay annually for mutual fund operating expenses and management fees. The expense ratio is taken out of each fund's current income, is disclosed in the prospectus and can be located on performance tables for each fund.

Limits listed are for 2024. The IRS sets limits annually.

IRS Circular 230 Disclosure: American Century Companies, Inc. and its affiliates do not provide tax advice. Accordingly, any discussion of U.S. tax matters contained herein (including any attachments) is not intended or written to be used, and cannot be used, in connection with the promotion, marketing or recommendation by anyone unaffiliated with American Century Companies, Inc. of any of the matters addressed herein or for the purpose of avoiding U.S. tax-related penalties.

This information is for educational purposes only and is not intended as tax advice. Please consult your tax advisor for more detailed information or for advice regarding your individual situation.

This information is for educational purposes only and is not intended as a personalized recommendation or fiduciary advice regarding investment, accounting, legal or tax matters. There are different options available for your retirement plan investments. You should consider all options before making a decision. Our representatives can help you evaluate all of your distribution options.

IRA investment earnings are not taxed. Depending on the type of IRA and certain other factors, these earnings, as well as the original contributions, may be taxed at your ordinary income tax rate upon withdrawal. A 10% penalty may be imposed for early withdrawal before age 59½.

You could lose money by investing in a mutual fund, even if through your employer's plan or an IRA. An investment in a mutual fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.