DirectShifts is proud to partner with Vanguard. Now, every eligible clinician working with us will get a complimentary financial management consultation on us. We have partnered with Vanguard to offer 401(k) plans and additional financial benefits to help you save even more. Every penny counts, which is why we offer competitive rates that get paid out weekly.
Tax advantages: Contributions to a traditional 401(k) plan are made on a pre-tax basis, which means that you will be able to lower your taxable income and reduce your current tax bill. We also offer a Roth 401(k) so you can customize your retirement plan.
Automatic savings: Your contributions will be deducted automatically from your paycheck, so you won't have to think about setting aside money for retirement every paycheck.
Investment options: Our plan will offer a variety of investment options. This allows you to choose investments that align with your risk tolerance and retirement goals.
Vanguard is a reputable provider that offers retirement plans for full-time W2 clinicians. They provide access to both Traditional 401(k) and Roth 401(k) contributions for pre-tax and post-tax dollars, respectively. Additionally, they offer a complimentary financial consultation with their plan investor to evaluate your entire financial strategy.
To be eligible for Vanguard's retirement plans, you must be a full-time W2 clinician who has completed three months of full-time work with DirectShifts.
Traditional 401(k) contributions are made with pre-tax dollars, meaning you don’t have to pay taxes on the money you contribute until you withdraw it in retirement. On the other hand, Roth 401(k) contributions are made with post-tax dollars, requiring you to pay taxes on the money you contribute upfront. However, you won't have to pay taxes on your withdrawals in retirement.
