IntelliVest Wealth Management Blog
Understanding the Prisma Health 403(b) Retirement Savings Plan
Most Prisma employees never chose their contribution rate — the plan enrolled them at 3% and increases it 1% a year. That's a reasonable default, but Prisma's match is discretionary and wasn't funded in 2024, so there's no "contribute this much to get the full match" number to aim at. Here's how the 403(b) works, what it's allowed to do, and how to think about picking a rate yourself.
Understanding the Prisma Health 401(a) Plan
If you work for Prisma Health - Upstate, you likely have two retirement accounts — and most employees only think about one. Your paycheck contributions go into a 403(b). Separately, Prisma puts 3% of your pay into a 401(a) plan in your name. That money isn't fully yours until you've been there three years, and a lot of people leave before they get there. Here's how the plan works and what to check before you give notice.