Financial Plans
Retirement Savings - 401(k)
Take advantage of United States tax benefits and gain additional contributions
from St. Jude Medical. Currently, St. Jude Medical matches 100% of the first 3%
of compensation that each employee elects to contribute on a pre-tax basic.
Employees are 100% vested in company contributions after five years.
Discretionary Profit Sharing
St. Jude Medical provides for discretionary company profit sharing
contributions.
Employee Stock Purchase Plan (ESPP)
ESPP enables you to purchase St. Jude Medical stock at a 15% discount of the
fair market value by enrolling in a payroll deduction program. Fair market
value refers to the value of the shares on the date the plan commences or the
termination date of the plan, whichever is lower.
Credit Union Services
Varies by location. Some locations offer financial services handled by a local
credit union, including on-site automated teller machines, checking accounts,
bankcards, and competitive interest rates.
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