Retirement
Paul Hastings LLP Defined Contribution Retirement Plan
Planning for your future and building retirement security is important. Paul Hastings’ Defined Contribution Plan gives you the opportunity to save (on a pre-tax or Roth after-tax basis) the annual maximum amount allowed by the IRS for qualified plans.
Plan Benefits
Contributions:
Business Professionals
Non-Partner Attorneys
401(k) Voluntary Contributions
2025 Annual Limit: $23,500 plus an additional $7,500 for participants age 50+
2025 Annual Limit: $23,500 plus an additional $7,500 for participants age 50+
Automatic Contributions
5% pre-tax deduction commences the 1st of the month following five years of service
8% pre-tax deduction commences the 1st of the month following your date of hire
Firm Contributions
8% of eligible compensation plus 5.7% of compensation, in excess of the Social Security wage base, after completion of 2 years of service
N/A
Mega-Back-Door-Roth
Available for all employees eligible under the defined contribution plan. This provision allows participants to contribute after-tax contributions that are deposited into the defined contribution plan and converted into Roth contributions.
Available for all employees eligible under the defined contribution plan. This provision allows participants to contribute after-tax contributions that are deposited into the defined contribution plan and converted into Roth contributions.
Beneficiary Designation:
Beneficiaries can be updated on your Workday account. To elect a beneficiary other than your spouse, please complete this form and return to Benefits-Firmwide.
Retirement Plan
OneAmerica
Phone: (833) 869-0812
Website: www.oaretirement.com
Graystone Consulting
Phone: (805) 374-8108
Email: Larry.Mills@msgraystone.com
Website: www.msgraystone.com/losangeles