403(b) Retirement Plan & PTO
403(b) Retirement Plan
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
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 2026, you are able to contribute up to $24,500. If you are 50 or older, you can contribute an additional $8,500 for a total of $32,500 for 2026.
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.
Account Access:
You can access your account online at www.principal.com or by calling them directly at 800-547-7754.
Additional Information:
The plan allows for rollovers from other retirement plans such as 401(k)s, 403(b)s and Traditional IRA accounts. Please contact Retirement Wealth Partners for assistance.
Retirement Wealth, Diego Verdugo, CFP
D: 602-603-8629 | Work Text: 602-960-0053 | F: 866-309-1626
For more information: www.principal.com/rockiesarizona
Paid Time Off (PTO)
Copa Health provides Paid Time Off (PTO) benefits to help em-ployees balance personal and business commitments.
PTO is a pre-approved time-off-with-pay program for full-time qualifying employees (30 or more hours per week) based on hours worked, to provide you with the freedom to decide how to use your personal time off.
For more information, please refer to the Employee Handbook or contact Human Resources.
