Retirement
One of the best ways to ensure a secure retirement is to start saving as early as possible. Our 401(k) savings plan allows you to save for retirement on a pretax basis. You can begin contributing to the plan at any time once you become eligible and can start making contributions to your account through convenient payroll deductions.
Who is Eligible for the 401(k)?
All US-based employees over the age of 18 are eligible to participate in the company’s retirement savings plan.
How Do I Enroll in the 401(k)?
You can enroll in the retirement savings plan by visiting your plan provider’s website and registering with your personal information. Once registered, you’ll be able to select your contribution percentage.
Increase Your Retirement Savings with a 401(k)
- WSC will match your contribution for each dollar you contribute to the plan, up to the first X%
- Contribute using convenient payroll deductions up to the IRS limit of $24,500 per year.
- Change the amount of your contributions or stop your payroll contributions at any time.
- Decide how to invest your 401(k) or allow the plan to choose for you.
- The 401(k) contribution limit for employees age 50 or older is $32,500 in 2026.
CIRS Pension Plan (Tier I & II)
The entire cost is paid by employer
Tier II: Employees hired on or after October 1, 2026
For each Payroll Period, if your Annualized Base Salary is:
- $70,000 or less, 2% withheld after-tax from your paycheck
- $70,000.01 to $100,000, 2.5% withheld after-tax from your paycheck
- $100,000.01 or more, 3% withheld after-tax from your paycheck
457(b) Deferred Compensation Plan
WCS offers a 457(b) Deferred Compensation Plan through TIAA-CREF. This plan provides eligible employees with an additional way to save for retirement on a tax-deferred basis.
Eligibility: Full-time salaried employees with an annual salary of more than $100,000 are eligible to participate.