Verizon 401(k) at a glance
| Employer match | Verizon matches 100% of what you contribute up to 6% of eligible pay each pay period. |
|---|---|
| Maximum match | 6% of pay |
| Contribution needed for full match | 6% of pay |
| Company contribution (no match needed) | The management plan allows a discretionary profit-sharing contribution, but none was made for 2025. |
| Vesting | 3 years to fully vestCompany contributions vest after 3 years of service (or on death, disability, retirement or involuntary termination). |
| Eligibility | New employees can contribute and get the match once enrolled after hire. |
| Automatic enrollment | New employees are auto-enrolled at 6% of pay in a target-date fund and have 45 days to change or opt out. |
| Roth 401(k) option | Yes |
| Plan provider | Fidelity |
| Who this applies to | US management employees and union-represented Verizon Wireless employees |
How much is the Verizon match worth?
If you contribute 6% of your pay, Verizon adds the full match. Here is what that means at different salaries, per year, before investment growth:
| Salary | You contribute (6%) | Verizon match |
|---|---|---|
| $40,000 | $2,400 | $2,400 |
| $60,000 | $3,600 | $3,600 |
| $90,000 | $5,400 | $5,400 |
| $150,000 | $9,000 | $9,000 |
Illustration based on the plan terms above. Your actual match depends on eligible pay, timing and plan rules.
Good to know
- Other union-represented employees get 100% on the first 4% plus 50% on the next 2% (max 5% of pay).
- Frontier Communications employees join the plan on Jan. 1, 2027, after Verizon's January 2026 acquisition.
Other Verizon retirement benefits
- Student loan payment match: qualified loan payments count toward the 6% match
- After-tax contributions
How to make the most of your Verizon 401(k)
- Always get the full match. Contribute at least 6% of pay. It is an instant return you cannot get anywhere else.
- Check your vesting date before you change jobs, so you do not leave unvested money behind.
- Pre-tax or Roth? If you expect a higher tax rate in retirement, Roth contributions can pay off. Model it with our Roth conversion calculator.
- Watch fees and prefer low-cost index or target-date funds in the plan lineup.
- Plan the whole picture: see how your state taxes retirement income before you decide where to retire.
Frequently asked questions
Does Verizon match 401(k) contributions?
Verizon matches 100% of what you contribute up to 6% of eligible pay each pay period. The management plan allows a discretionary profit-sharing contribution, but none was made for 2025.
When does the Verizon 401(k) match vest?
Company contributions vest after 3 years of service (or on death, disability, retirement or involuntary termination).
When can I join the Verizon 401(k)?
New employees can contribute and get the match once enrolled after hire.
How much should I contribute to get the full Verizon match?
Contribute at least 6% of your pay. Anything less leaves part of the match unclaimed.
Sources (last verified 2025 plan year (11-K filed June 2026))
- Verizon Savings Plan for Management Employees Form 11-K for 2025 — SEC EDGAR (2026-06-22)
- 401(k) savings plan — Verizon Benefits (2026)
Educational content only, not tax, legal or investment advice. Plans and tax laws change; confirm details with your employer's plan documents or your state revenue department. Smart Financial Lifestyle is not affiliated with any employer named on this site.