You have round-the-clock access to perform or view the following functions to your 401(k) account via Empower Retirement Services at www.empowermyretirement.com:

• Enroll in the 401(k) plan
• Change your 401(k) contribution(s)
• Change your investment election(s)
• UPDATE Beneficiary Designations online - Make sure your retirement assets go to those you intend, should you pass. Even if you have previously provided your beneficiary information, it is good practice to review your designated beneficiary periodically.
• Find out how much you have contributed year-to-date
• Check your account balance
• Request an in-service distribution or loan
• Check your account performance
• View the Summary Plan Description (SPD)
• Go Green - Sign up for electronic delivery of your statements

Access Your Account at Empower
Watch for communications from Empower to help you get the most out of your experience. Whether you are a current plan participant or newly eligible, the first step will be to log in to your City National Bank 401(k) account and complete your profile.

For first-time access, visit the plan website at empowermyretirement.com.

• Select "Register"
• Choose the "I do not have a PIN" tab
• Follow the prompts to create a username and password

Contact Information

For additional information, please visit the Benefits tab under the Human Resources section on InfoLink.

Deferral Elections

Traditional 401(k): The traditional 401(k) feature allows you to save on a pre-tax basis, providing a tax benefit today. Your qualifying pre-tax contributions, employer contributions and all earnings on those monies are not subject to current taxation until you take them out of the Plan. This tax deferral gives your retirement savings the opportunity to grow under favorable terms.

Roth 401(k): The Roth 401(k) feature allows you to save for your retirement on an after-tax basis. The benefit of this feature is that distributions of your Roth deferrals and all associated earnings will be tax-free at retirement, provided certain conditions are met.

Catch-Up Contributions: If you are age 50 or older you are able to make additional “catch-up” contributions, subject to IRS dollar limits, on either a pre-tax or after-tax basis. 

Company Match

Company Matching Contributions: The Company will match 100% of the first 6% of pay you contribute to the Plan in a payroll period. Matching contributions are immediately 100% vested.