City is dedicated to supporting your financial well-being and long-term security, and investing in your future is one of the most important steps you can take. Our 401(k) plan is an essential part of building a secure future, with the added benefit of being fully vested from day one. Don’t leave free money on the table—City matches 100% of the first 3% and 50% of the next 2% you contribute.
Through our 401k plan member have access to a Merrill Lynch advisor. This partnership offers advice and guidance related to the plan itself as well as general financial wellness education and consulting services, FREE OF CHARGE! Ensure you reach your retirement goals by setting up a one-on-one consultation.
Schedule a 1-on-1 Appointment
Resources
To learn how to become a great consumer of these benefits, please use the resources below. These resources are available to you through our partnership with this vendor.
For 2025, the IRS has increased the 401(k) catch-up contribution limits to help individuals save more for retirement. Participants aged 50 and older can contribute an additional $7,500, bringing their total annual contribution limit to $31,000. For those aged 60 to 63, the SECURE 2.0 Act allows for "super catch-up" contributions, enabling them to contribute the greater of $10,000 or 150% of the regular catch-up limit, which amounts to $11,250 in 2025.
