Edward Jones Retirement Plan

  1. The amount you contribute
  2. How you contribute (pre-tax, Roth 401(k), or after-tax)
  3. Your investment options

You’re automatically enrolled in the 401(k) plan 45 days after your eligibility date, unless you elect otherwise.

  • You can change the amount you contribute and the type of contribution at any time by visiting your Retirement Plan website.
  • If you don’t want to participate in this plan, you must opt out by going to the Retirement Plan website or by calling the Edward Jones Retirement Plan Phone Line at 877-335-4015.
  • To learn more about the Edward Jones 401(k)/ profit sharing plan, please review this video.

Manage your contributions

You can change the amount you contribute and the type of contribution at any time by visiting your Retirement Plan website.

Don’t have your username and password? You can also access the website directly through Personal and Job Information (JAC).

Designate your beneficiary!

Naming a beneficiary protects the people you care about most and ensures your wishes will be met.

To designate your beneficiary, log in to your account through your Retirement Plan website. Make a habit to check your beneficiary each year and update as needed.

Your contribution options

You’re automatically enrolled at a 5% pre-tax contribution rate, which automatically increases 1% each year, up to a 10% pre-tax contribution rate.

Do you want your tax advantage now or in the future?

To determine which type of contribution best fits with your savings goals, it’s important to understand the tax advantages each offer:

  • With the pre-tax option you benefit now because you don’t have to pay taxes until you make a withdrawal – this means your taxable income will be lower during the years you contribute.
  • In contrast, the Roth 401(k) and after-tax options provide benefits in the future – you pay taxes at the time of your contribution so that you can make tax-free withdrawals later. Note: The rules for tax-free withdrawals are different for the Roth 401(k) and the after-tax option. The Roth 401(k) requires you to be age 59 ½ (or disabled) and have held your account for at least five years. The after-tax account doesn’t have these requirements, but any after-tax earnings in your after-tax account will be subject to taxes or penalties. So, if you want an entirely tax-free source of money in retirement, you’ll want to choose the Roth 401(k).

Contribution limits

  • Combined limit for pre-tax and Roth 401(k): As much as 75% of your paycheck, up to an annual limit of $23,000 (or $30,500 if you’re age 50 or older, since you can contribute an extra $7,500 in “catch-up” contributions).
  • After-tax limit: As much as 25% of your paycheck, up to an annual limit of $11,500.

Our retirement plan helps you save in two ways:

1. Matching contributions

The firm matches pre-tax and Roth contributions dollar for dollar for eligible associates up to $500 a year. That’s a 100% return on your investment. Note: Financial advisors1 are not eligible for these contributions.

2. Profit sharing contribution

The firm may add a contribution to your account each year, based on the success you help create. You get the contribution whether you contribute to the plan or not.

Don’t pass up the company match

Be sure to contribute to the pre-tax and/or Roth 401(k) option(s) so you can get the company contributions. The after-tax option isn’t eligible for the matching contributions.

Investment options

We all have different comfort levels when it comes to investing. Whether you prefer a guided or a do-it-yourself (DIY) approach, you have options to meet your unique needs.

Guided approach

Choose from seven investment portfolios with varying levels of risk, which are chosen and monitored by investment experts to target specific investment strategies.

DIY approach

Choose from 32 funds and create your own personalized portfolio.

Review the Profit Sharing/401(k) Investment Guide to learn about all of your options and take the Risk Tolerance Questionnaire to help you determine which may be right for you.

If you don’t choose your investments, your money will automatically go into the “Profit Sharing – Balanced toward Growth” investment portfolio.

How profit sharing contributions work

Profit sharing contributions are discretionary, meaning the company decides each year if it will make a contribution and, if so, how much it will be. The same percentage is paid to all associates, but the dollar amount received will vary based on compensation.

In 2024, the maximum amount of compensation the contribution can be based on is $345,000. Your contribution is posted following the end of the plan year, generally around late February.

Review which earnings are considered when determining profit sharing eligible earnings:

  • Regular Hourly Pay
  • Salary
  • Commissions Generated
  • Overtime
  • Trimester Bonuses
  • Vacation Pay
  • Holiday Pay
  • Sick Pay
  • Bereavement Pay
  • Jury Duty Pay
  • Personal Day Pay
  • Branch Training Pay
  • New Asset Compensation
  • Travel Award Program Values
  • RTP Salary
  • Legacy Pay
  • Goodknight Pay

  • Well-being Discounts
  • Tuition Reimbursement
  • Adoption Assistance
  • Misc. Reimbursements (i.e. mileage, travel)
  • Long Term Disability
  • Excess Profit Sharing Bonus
  • Non-Qualified Plan Distributions

Average contribution

When combined with matching contributions, the total contribution from Edward Jones has averaged nearly 5% of the typical associate’s salary over the past 10 years. This is much higher than the most common employer match of just 3%.

The chart below shows the contribution percentage for each year since 2014.

Year 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Percent 4.78% 4.43% 5.14% 4.97% 4.64% 4.64% 4.69% 4.53% 4.97% 4.93%

For additional information, please see the Summary Plan Description.


Full-time associates are immediately eligible to contribute to the plan.

Part-time and on-call associates may be eligible after they have been compensated for at least 1,000 hours within the first year of employment or within a subsequent plan year.* Once this requirement is met, part-time and on-call associates remain eligible to make contributions in subsequent plan years.

To be eligible for matching contributions in a particular year, you must:

  • Be a non-sales, non-highly compensated (earned less than $150,000 in 2024, including bonuses) associate as of December 31 of the plan year;
  • Have received compensation for at least 1,000 hours in the plan year;
  • Have made pre-tax 401(k) or Roth 401(k) contributions in the plan year;
  • Be employed on the last day of the year; and
  • Have been hired prior to January 1 of the plan year.

To be eligible for profit sharing contributions on July 1, following your date of hire, you must:

  • Receive compensation for 1,000 hours during the calendar year
  • Be employed by Edward Jones on December 31 of the current year
  • Service Partners will generally be eligible for additional profit-sharing contributions on January 1, after becoming a Service Partner

* Worked and paid time off are included. "Compensated during the plan year" means the payroll check is dated within the year. For example, the hours that client support team professionals work in the last week of December each year are not actually paid until early the following year. Therefore, the associates’ hours during that week count toward the following year's total.

Other things to know

  • The firm will automatically enroll you in the 401(k) plan 45 days after your eligibility date, unless you elect otherwise. If you don’t want to participate in this plan, you must opt out by going to your Retirement Plan website or by calling the Edward Jones Retirement Plan Phone Line at 877-EDJ-401k (877-335-4015).
  • You are “vested” from day one, meaning that the contributions you make and the ones Edward Jones makes are yours to keep even if you leave the firm (subject to investment gains and losses).
  • You have the option of an in-plan Roth conversion for non-Roth account balances that regulations allow to be converted to Roth account balances. Learn more.
  • The plan accepts rollovers of distributions from other qualified plans, 403(b) and government 457 plans, and Traditional IRAs.
  • The plan doesn’t allow for participant loans, but you may withdraw money from the plan if you meet specific criteria. Find additional information on withdrawal options in the Summary Plan Description.
  • You’ll receive quarterly statements via your Retirement Plan website.
1 Financial advisor reference incorporates financial advisor, service partner, and joint venture service partner roles.

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