• Benefits
  • General
  • Health & Welfare Benefits
  • Savings & Retirement
  • Lifestyle
• Hotlines
  • Crisis
  • Weather
  • Ethics Hotline
  • Media Line

Savings and Retirement Benefits

• 401(k) Savings
• 100 percent Company 401(k) match on the first 4 percent you save with immediate vesting
• Annual Retirement Contribution from the Company
• Stock Purchase Program

The SARP provides two ways to save for the future: 401(k) and Retirement Contributions. If you're at least 21 years old and worked for Limited Brands for one full year (1000 hours or more) you are eligible to participate in the SARP.

401(k) Savings & A Company Match

Once eligible, you may save 1%-15% of your pay, pre-tax, through automatic payroll deductions each pay period. The first 4% you save is matched dollar-for-dollar (100%) by the Company!

The Retirement Contribution

Once you meet the eligibility requirements for the 401(k), Limited Brands automatically makes annual retirement contributions to your account, if you work at least 500 hour in the calendar year and are employed on December 31. The contribution is 3% of your annual pay below the social security wage base (SSWB), and 6% of your pay above the SSWB. After 5 years of service, these contribution levels increase to 4% and 8% respectively.

Vesting

You are immediately 100% vested in the 401(k) Company Match.

The retirement contribution is subject to a 6-year vesting schedule. You receive vesting credit for each year you work 500 hours or more. You become 20% vested in the Retirement Contribution after 2 years of vesting service. Your vesting increases 20% each year until 6 years of vesting service when you are 100% vested.

Investment Funds

The SARP offers several investment funds from which you can choose to invest your retirement monies. Stock Purchase Program We believe it is important for all associates to be partners and "own" part of the business. To make this easy, a company stock purchase plan is available to you from day one. You may purchase shares of Limited Brands, Inc. through payroll deduction. The company pays all expenses associated with the purchase of company stock and reinvestment of dividends into your account.