Retirement

One of the best ways to ensure a secure retirement is to start saving as early as possible. Our 401(k) savings plan allows you to save for retirement on a pretax basis. You can begin contributing to the plan at any time once you become eligible and start making contributions to your account through convenient payroll deductions.

Nektar offers a 401(k) through Fidelity Investments. The 401(k) plan allows you to save for retirement and enjoy significant tax advantages. You can contact Fidelity any time by logging in to 401k.com for more information about the plan, your account balance, making contributions, changing investment elections, initiating a rollover or requesting a loan or withdrawal.

In-Network Benefit Highlights

Deductible (Individual/Family)
$XX/$XX

Out-of-Pocket Max (Individual/Family)
$XX/$XX

Preventive Care
$XX

Primary Care Visit
$XX

Specialist Visit
$XX

Urgent Care
$XX

Emergency Room
$XX

Who is Eligible for the 401(k)?

All regular employees over the age of 18 are eligible to join the 401(k) plan on their date of hire.

How Do I Enroll in the 401(k)?

All new hires are automatically enrolled in the traditional 401(k) plan at 5%. Employees have 30 days to opt out at 401k.com.

Increase Your Retirement Savings with a 401(k)

  • Nektar provides a flat match of $3,000 for participation (pro-rated for new hires) and an additional $1:$1 match up to $9,000. Total maximum yearly match is $12,000. Match is calculated once a year on December 31st. All matches are 100% vested upon deposit to your account.
  • Contribute using convenient payroll deductions up to the IRS limit of $23,500 per year in 2025.
  • Change the amount of your contributions or stop your payroll contributions at any time.
  • Decide how to invest your 401(k) or allow the plan to choose for you.
  • The 401(k) contribution limit for employees age 50 or older is $31,000 in 2025.