How it works

How it works

Who is eligible

Regular full-time and part-time associates who are at least age 18 and working at least 20 hours per week.

Plan administrator

Charles Schwab

When you can enroll

You can enroll in the retirement savings plan within five days following your first paycheck and you will enter the plan on the first day of the month following your eligibility.

Automatic enrollment

If you don’t enroll within 30 days after you’re eligible to participate, Veradigm will enroll you automatically, at a pre-tax contribution rate of 4%. Your contributions will be invested in a T. Rowe Price Retirement Hybrid Trust Fund unless you select otherwise.

Annual savings adjustments

To make things even easier, the Plan offers savings adjustments to help you increase your savings rate—automatically. Go to to enroll in automatic savings adjustments.

Contribution limits

You can contribute up to the IRS limits to your 401(k) and Roth 401(k) (combined) each year. For 2024:

  • You will be able to contribute up to $23,000.
  • If you are age 50 or older, you can make additional catch-up contributions of up to $7,500.

You can change your contributions to a higher or lower amount at any time during the year.

Your contributions

  • Pre-tax You may contribute up to 70% of your eligible compensation on a pre-tax and/or Roth 401(k) basis each pay period. The IRS limits the amount you can contribute in a given year. Your total pre-tax and Roth 401(k) contributions cannot exceed the annual IRS limit. The limits are set annually and can be found at
  • Roth 401(k) Your Plan allows you to make Roth 401(k) contributions. Your contribution will be withheld on an after-tax basis. Withdrawals of your contributions and any earnings will not be subject to taxes, provided that any distribution from this account occurs at least five years following the year you make your first Roth 401(k) contribution to the Plan and you have reached age 59½ or become disabled. As a reminder, your combined pre-tax and Roth 401(k) contributions cannot exceed Plan contribution limits or the annual IRS limit.
  • Catch-up If you will be age 50 or older before December 31, you may be able to make additional catch-up contributions to the Plan. The IRS limits are set annually and can be found at Catch-up contributions may be made on a pre-tax and/or Roth 401(k) basis.
  • After-tax You may contribute up to 70% of your eligible compensation after taxes each pay period not to exceed the annual IRS limit. You will not have to pay additional taxes upon withdrawing these contributions. Any earnings on after-tax contributions will be subject to ordinary income tax and, if taken prior to age 59½, a 10% federal tax penalty at withdrawal.

Matching contributions

Veradigm will match dollar-for-dollar up to the first 4% of your contribution. The plan recognizes base pay, bonuses, commissions and other forms of pay for matching purposes.

When deductions begin

Typically, your next scheduled payroll once you enroll, after the administration process is complete.

Changing contributions

You can increase, decrease or suspend contributions at any time. Contributions to your account cannot be forfeited for any reason.


You are 100% vested in your and Veradigm contributions.

When you can make withdrawals

In-service withdrawals are allowed in certain situations specified by your retirement plan.

  • Loans
  • Leave of absence
  • Termination
  • Hardship
  • Retirement
  • Disability
  • Death
How to enroll

How to enroll

You have multiple ways to enroll:

Create a login using the Register Now button. Be sure to have this information handy: Social Security number, date of birth, zip code and email address.

You can also enroll by calling the Schwab Plan Hotline at 800.724.7526. Once you’re enrolled, you can make changes to your investment and savings elections at any time.

You can typically change the investment allocations of your existing account balances, change the investment selections for future contributions, or change your beneficiary(ies) as often as you like, though changes may take time to process.

Investment options

Investment options

When you enroll in the retirement savings plan, you have a variety of investment options to help you build, diversify and maintain your savings over time.

For help with your investments

  • Target Date Retirement Funds
    Funds designed and professionally managed based on a target retirement date year.
  • Morningstar
    An independent investment advisor that provides personalized savings and investment recommendations, at no cost to you.
  • Risk Based Model Portfolio
    A mixture of funds based on a selected level of risk and are constructed from funds that exist in the Plan’s current fund lineup.

For more information, contact Schwab Participant Services at 800.724.7526.

To invest on your own

  • Plan-selected Funds
    A broad solution of funds representing a variety of asset classes.
  • Personal Choice Retirement Account (PCRA)
    For experienced investors, provides additional funds beyond the Plan- Selected Funds, and may have some transaction fees and trading costs. For more information, contact the PCRA team at 888.393.7272.

Need assistance?

Charles Schwab


App available


Investing advice

Create your retirement blueprint with help from the investment team at CAPTRUST Financial Advisors.

Learn more

Can I take money from my account?

The retirement savings plan is designed to help you save for your future, so there are limits to why and when you can take a withdrawal from your account.

Learn more

What is a Roth IRA?

This account works just like a 401(k) account, except that your contributions will be deducted after taxes. These earnings will grow tax-free and can be withdrawn tax-free, beginning five years after you make your first contribution and you have reached age 59½ or have become disabled.

401(k) from previous employer?

You can roll over account balances from other employer-sponsored qualified 401(k) accounts into your Veradigm Retirement Savings Plan account. All you have to do is visit Charles Schwab and complete the Rollover Form, or you can call Schwab Participant Services at 800.724.7526 for assistance.

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