401(K) Retirement Savings Plan

401(K) Retirement Savings Plan

Plan for your future by participating in the La-Z-Boy 401(k) Retirement Savings Plan. This retirement savings plan makes it easy to invest in your long-term financial goals through automatic payroll deductions, a wide range of investment options, including both Pre-Tax and Roth contributions, and La-Z-Boy contributions to help your savings grow faster. Learn more below.

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The 401(k) Retirement Savings Plan is a powerful tool that allows you to prepare for retirement by offering an easy, tax-advantaged way to save for your future financial needs.

• New employees are automatically enrolled at a 3% pre-tax contribution rate.

• You can always change the contribution rate — choosing pre-tax or post-tax Roth contributions up to the IRS limit.

• Your contribution rate automatically increases each January by 1% (you can change the rate at any time).

• Rollovers from other qualified 401(k) Plans are accepted.

BONUS: La-Z-Boy makes an employer matching contribution to your account, which fully vest after two years (50% per year):

• Match 100% on first 3% of your contributions

• Match 50% on next 6% of your contributions

To maximize your match, employees contributing 9% will receive 6% for a total contribution rate of 15%.

Get started: Enroll anytime and manage your account online here!

Note: If this is your first time logging in, please select “Create your User ID now” to register.