Company contributions

Union Pacific Corporation will contribute 50 cents to your account for every dollar you contribute to the Plan on a pre-tax, Roth 401(k) after-tax, or after-tax basis (up to the first 6% of your eligible pay). You are immediately vested in these matching contributions.

Please note that if you make Roth or after-tax contributions, those contributions are matched by Union Pacific with pre-tax dollars. This means that upon distribution, the employer matching contributions on your Roth contributions will be subject to taxation.*

*Taxes: Taking money from your retirement account can affect how much you’ll have to pay in taxes. You’ll owe taxes on pre-tax money. You won’t owe taxes on Roth earnings as long as you are age 59½ or older and it’s been at least five years since your first Roth contribution. If required by law, Vanguard will withhold some taxes for you. You may need to pay a 10% federal penalty tax if you take money out early.