Did You Know?

Effective October 1, 2008 the DriveTime 401(k) Plan will be administered by Fidelity Investments.

What's New

  • The 401(k) conversion Blackout Period will begin September 24th
  • The Wellness Biometric & HRA Deadline is September 30th
  • The DriveTime 401(k) Plan will be administered by Fidelity Investments beginning October 1, 2008

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Retirement Savings
Retirement Savings

Prepare for the future today with the DriveTime 401(k) Plan

The DriveTime 401(k) plan is designed to be a partnership between you and DriveTime, with each playing an active role in preparing for your retirement. DriveTime has provided you with a vehicle that offers you the opportunity to prepare for a secure retirement. Your regular contributions through the 401(k) Savings Plan can add a significant amount to your retirement assets. The earlier you make a commitment to your future and do something about it, the greater benefit you will receive.

Does DriveTime contribute to my 401(k)?

Yes, DriveTime will contribute 40 cents on every dollar for the first 6% of your salary.  Our vesting schedule is at 20% per year so you are fully vested after 5 years of service.

Years of ServicePercentage Vested
Less than 1 year0%
1 year20%
2 years40%
3 years60%
4 years80%
5 or more years100%

To reach Fidelity:

Call (800) 890-4015

For Spanish (800) 587-5282

Visit www.401k.com

What about....?

If you still have questions, feel free to send in a helpdesk ticket to benefits@drivetime.com.

Retirement Savings
Retirement Savings