403(b) Retirement Plan

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Copa Health is proud to sponsor a 403(b) retirement savings plan for our employees offered through Principle. For investment recommendations or questions, please contact the financial professionals at Retirement Wealth Partners

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Employee Contributions: 

You are eligible to participate in the 403(b) plan upon hire. The plan allows you to save for retirement through Traditional (pre-tax) contribution which reduces your current taxable income and grows tax-deferred; or a Roth contribution, which is not tax-deductible but allows you to take tax-free withdrawals at retirement. In calendar year 2025, you are able to contribute up to $23,500. If you are 50 or older, you can contribute an additional $7,500 for a total of $31,500 for 2025.

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Employer Contributions: 

Employees age 21 and older with 3 months of service are eligible to receive an employer match starting the following quarter. The employer match is discretionary. Copa Health is currently contributing $.50 on $1.00 up to 6% of compensation. Employer contributions are subject to a 3-year graded vesting schedule. Highly compensated employees will receive their matching contribution through the 457(b) plan.

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