Littelfuse has been named one of the Best Places to Work in Illinois for eight consecutive years by The Daily Herald Business Ledger in partnership with the Illinois Chamber of Commerce, MRA-The Management Association, the Small Business Advocacy Council (SBAC) and Best Companies Group.

One reason why is because the Littelfuse 401(k) offers a Littelfuse company match, and it offers 24 mutual funds within the Littelfuse 401(k) Plan to choose from.

When you leave your job at Littelfuse, you can roll your Littelfuse 401(k) balance to an IRA and stop paying the Littelfuse 401(k) Plan fees. In an IRA, you’ll also gain access to broader investment choices than are offered in any 401(k).

Are you 59 ½ or older but still working at Littelfuse?

You may also be able to perform an in-service rollover of your 401(k) balance to an IRA, while still working at Littelfuse, if you’ve reached age 59 ½.

In an in-service rollover to an IRA, the 401(k) plan participant may still be allowed to contribute new money to the 401(k) plan while still getting their employer match.

Please contact us to answer any questions you may have.