We’re glad you’re here. In between all the orientations, learning curves and details that come with being a new employee, we want to remind you of several resources that can make managing your finances easier. Follow these steps to find out how!
I’m new to Latham
Your Checklist
Review your 401(k) contributions
Good news! As an employee on the US payroll, you’re automatically enrolled in our 401(k) Plan at a 6% pre-tax deferral rate of your pay (regular pay and any merit bonus compensation) in the Vanguard Target Retirement Trust that is based on the year you will turn age 65. All you have to do is log on to Schwab at workplace.schwab.com or call 1.800.724.7526 to set up your account. You’ll find several investment choices. Don’t worry about being locked in — you can change your contribution levels and investment choices at any time.
Register with Ayco
Latham provides free, confidential financial planning services through Ayco that can be used to help you wherever you’re at in life — everything from saving for retirement to managing loan payments (or both at the same time!). Ayco’s experts can help you plan for a secure financial future. After just a 10-minute financial assessment, you’ll get a personalized step-by-step plan for reaching your financial goals. (If you don’t have financial goals, they can even help you with that!) After your assessment, Ayco coaches will help with everyday financial decisions as well as with big life events. One-on-one coaching sessions can help with:
- Cash flow and debt management
- Investment, retirement and estate planning
- Education funding
- Evaluating benefit options
- Insurance decisions
- Federal income tax planning
- Social Security questions
Ayco360© can also help you manage your financial life by linking your bank, credit cards, 401(k) and other financial accounts in one online dashboard. Through Ayco, you can explore interactive content, including calculators, short videos and worksheets on a range of financial topics. Ayco is a Goldman Sachs company with more than 40 years of financial planning experience and will never share the identity or personal financial information of users of the service with Latham & Watkins. See all that is available at ayco.com/login/lw or call 1.866.416.1497.
Ready to take action?
Schwab
The Latham 401(k) Plan trustee and recordkeeper. When you contact Schwab, you can get investment advice, check your account balance, change your investments, update your beneficiaries and access educational tools and resources.
Ayco
Provides financial planning services, including one-on-one online coaching and digital tools to help you manage your financial life and keep you on the right financial track. The services are free to you. Ayco is a subsidiary of Goldman Sachs, and all your interactions are confidential.
