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What is a 1081.01 (d) Plan, better known as a 401(k)?

It is a defined-contribution plan through which you,as an employee, choose to participate and defer from taxes a determinate amount of your salary, as permitted by law. This amount is deducted from your payroll and is invested in a retirement plan, deferring taxes until you receive a distribution from the plan.

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FDIC Member. Products and services offered by Banco Popular de Puerto Rico.

1Withdrawals are subject to the availability of funds in your account.

2Deposits are subject to the provisions of the Bank’s Funds Availability Policy. Easy Deposit Mobile is a free service and only for Banco Popular customers with individual deposit accounts and/or commercial accounts (FlexiCuenta de Negocios® & B-Smart®). Customers selected in accordance with the Bank’s eligibility criteria. Checks deposited before 6:00 p.m. of a business day will be processed the same business day, subject to verification and deposit validation. In the back of the check to be deposited, enter your signature, account number and the phrase “For Deposit Only at BPPR.”