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Maximize Your Edison Company
Match With Our Complete Guide
Everything you need to know to maximize your retirement benefits under Southern California Edison’s three-tier investment system, including a breakdown of the system’s three tiers, Edison company match contributions and some common Edison 401(k) planning mistakes to avoid.
Edison's Three-Tier Investment System
Target Date Funds (Simple Solution)
Professionally managed Target Date Funds that adjust automatically over time
Shift from growth-oriented investments to more conservative ones as the target retirement date nears
Core Funds (Build Your Own)
Ten institutional Core Funds across asset classes
Includes index funds (passive) and actively managed options
Range from Money Market (conservative) to International Stock (aggressive)
EIX Stock Fund
Self-Directed Brokerage Account
Schwab Personal Choice Retirement Account® (PCRA)
Access to thousands of mutual funds, stocks, bonds, ETFs
Designed for knowledgeable investors
Additional transaction fees may apply
Edison Pension
Critical Edison 401(k)
Decisions
01
Contribution Strategy & Company Match
How much should you contribute to maximize your company match? We help you understand the true-up calculation and ensure you receive the full 6% company matching contribution.
02
Three-Tier
Investment Selection
Should you use Target Date Funds (Tier 1) for simplicity, build your own portfolio with Core Funds (Tier 2), or access the Self-Directed Brokerage Account (Tier 3) for maximum flexibility?
03
Pre-Tax vs. Roth Contributions Mix
Optimize your contribution strategy between pre-tax savings (immediate tax benefits) and Roth contributions (tax-free retirement withdrawals) based on your current and projected tax situations.
Common Edison 401(k) Savings
Plan Mistakes
4 Major Mistakes:
Not Contributing Enough
Missing the full 6% company match opportunity
Poor Investment Tier Selection
Choosing inappropriate risk level for timeline
Ignoring Rebalancing
Letting portfolio drift from target allocation
Premature Withdrawals
Taking hardship withdrawals before exploring alternatives