401(k) Savings Plan
Last Updated June 30, 2022
Save for your future with the RRD 401(k) Savings Plan. And, starting September 1, 2022, get a matching contribution from RRD!
The RRD 401(k) Savings Plan (also known as the RR Donnelley Savings Plan) helps you save money for your retirement on a tax-advantaged basis. If you are eligible to participate in the Plan, you may set aside and invest pre-tax, Roth 401(k) and/or after-tax money for your future. And, starting September 1, 2022, RRD will begin making a matching contribution to help you grow your retirement account even more.
Saving for the future is important, so it’s a good idea to take the time to learn about the Plan and how it works. By better understanding it, you can make choices that fit your financial goals.
View Your Whole Financial Picture
Empower Retirement, RRD’s 401(k) plan administrator, can help you track, manage and plan for all your financial priorities. Through your Empower account dashboard, you can get a real-time view of your spending, saving, debt and more with a single login. See how it works.
- If eligible, you will be automatically enrolled in the Plan when you join RRD, and 5% of your eligible pay will be deducted from your pay on a pre-tax basis. Your contribution will be invested entirely in the Target Date Fund that is most closely aligned with your target retirement date, which assumes you plan to retire at age 65.
- If you make an affirmative election that you don’t want to participate in the Plan within 30 days after the date your first automatic contribution was made, you may withdraw all your automatic contributions that were made to the Plan.
- Effective January 1, 2021, if you are currently defaulted into the Plan and you have not made an affirmative election to change your contribution percentage, your automatic enrollment contribution will be set at 5% of your eligible pay. Your investment elections will not change.
- You may contribute from 1% to 85% of your pay as pre-tax, Roth 401(k) and/or after-tax contributions, all through payroll deductions taken each pay period. The total of your pre-tax, Roth 401(k) and after-tax contributions cannot exceed 85% (or annual IRS limits).
- If you’re age 50 or older by the end of a given calendar year, you can make additional pre-tax and/or Roth 401(k) catch-up contributions for that year, up to annual IRS limits.
RRD Contributions — Starting September 1, 2022
Beginning September 1, 2022, if you are eligible, RRD will make matching contributions each payroll period equal to $0.25 for every dollar you contribute to your 401(k), on up to 5% of your pay, as a pre-tax, Roth 401(k) or catch-up contribution. See the Savings Plan Summary Sheet — 401(k) Matching Contributions for details,
The following investment options are available:
- Core Investment Funds
- Conservative Income Fund
- Target Date Funds
- Brokerage Account
Your Account Earnings
- Your pre-tax contributions, matching contributions and the earnings on those contributions (as well as the earnings on after-tax contributions) grow tax-deferred as long as they remain in the Plan.
- On withdrawal, pre-tax and matching contributions, plus earnings on those amounts as well as earnings on your after-tax contributions, are subject to taxes.
- Earnings on Roth 401(k) contributions grow tax-deferred and, subject to certain limitations, aren’t subject to taxes when you withdraw them.
Loans and Withdrawals
- In some cases, you may take loans and/or request withdrawals from your account while you remain employed.
- You can receive a full distribution of your vested account when you leave RRD.