Retirement & Thrift


Retirement Plan

The Federal Reserve’s Retirement Plan helps employees secure their financial future by providing an additional retirement benefit that is 100% employer funded.


Thrift Plan

The Thrift Plan (401k) provides a convenient way to save and invest for retirement. Eligible employees can defer a portion of their paycheck, pre-tax, up to the specified annual IRS limits. In addition, the Bank has a generous matching program that allows employees to receive:

  • Matching contributions of up to 6% of eligible compensation
  • An annual company contribution of 1% of eligible compensation, whether or not the employee makes their own contributions.

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Federal Reserve Bank of Chicago, 230 South LaSalle Street, Chicago, Illinois 60604-1413, USA. Tel. (312) 322-5322

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