US 401(k) Plan

Chubb Retirement Savings Plan

You and Chubb both contribute to your 401(k) account, administered by Fidelity, to help you build savings for a secure future.

Plan features

  • New hires are automatically enrolled 35 days upon hire at 6% pre-tax

  • Employees are 100% vested in company contributions after 2 years of service

  • Pre-tax and/or Roth after tax contributions available

  • Employees age 50+ eligible for “catch up” contribution

  • Diverse line-up of investment available, including target age funds and self-directed brokerage account option

  • Professional investment advice available through Edelman Financial Engines

2026 IRS Limits

IRS contribution limit: $24,500 IRS compensation limit: $360,000 Catch-up contribution limit: $8,000

  • For individuals between the ages of 60 and 63 at the end of the plan year, there is a new higher catch-up limit of $11,250.

  • Due to SECURE 2.0 legislation, catch-up contributions must be made on a Roth after-tax basis for employees with FICA wages over $150,000 (earned in prior year).

Get Started

This website contains a summary of the Chubb Benefits Program. Chubb reserves the right to amend, terminate or modify any part of these plans described in this summary including termination of the plans, changes to coverage and changes to cost or subsidies of the plans at any time. In the event there is a conflict between the website and terms of the applicable plan document, the terms of the plan document will apply.

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