Grainger’s Retirement Savings Plan (RSP) – a 401(k) plan – is one of the best long-term savings plans in the nation. It’s our way of helping you prepare for retirement and build a solid financial foundation for whatever your future holds.
Regular full-time and part-time team members
A convenient, tax-smart way to save and invest your own money for retirement — on top of the money Grainger contributes!
To build financial wellbeing for your future self while paying less in income taxes today
Visit Vanguard’s website by logging in to the Total Rewards portal with your Grainger username (XAXB123) and GPASS password. Or call Vanguard at 1-800-523-1188. To register for new account access, use plan number 093114.
A direct rollover into Grainger’s Retirement Savings Plan lets you defer taxes on the distribution and take advantage of Grainger’s investment options. Contact Vanguard for more information.
For more information about how the Plan works, review the Retirement Savings Plan Summary Plan Description (access with your Grainger username (XAXB123) and GPASS password) and the Loan & Withdrawal Rule Summary (access to Grainger’s network is required).
Check out Vanguard’s tips:
Note: Puerto Rico team members have different contribution limits and should contact Vanguard directly for more information. See more for team members outside the continental U.S.
Dear Team Member,
The last 18 months have pulled us in all sorts of directions and presented several new challenges. Many of you have had to adapt to an ever-changing lifestyle that includes homeschooling kids, working overtime, taking care of loved ones, and worrying about finances. At Grainger, we recognize the toll these changes take on your personal wellbeing. And while I’m proud to say you’ve continued to provide exceptional customer service despite these challenges, it’s just as important to put the same attention on yourself.
We want you to be your best, not only at work but at home. That’s why we’ve made some enhancements to our benefits programs to better support your emotional, financial, physical, and social wellbeing. These new programs will provide access to short-term cash, one-on-one financial coaching, or stress management support. Over the last year, we built a strong foundation of wellbeing resources to ensure you have more choice and flexibility with your benefits.
This Annual Enrollment Decision Guide will help you navigate the robust benefits that Grainger offers and support you in making your elections for 2022. Annual Enrollment will run from October 11 to 29, 2021. Now is the time for you to take action for you and your family’s wellbeing. We have more plans underway to continue to enhance our wellbeing offerings and we’re excited to share these with you soon.
As always, thank you for all you continue to do for each other, our organization, and our customers.
SVP & Chief Human Resources Officer
CONNECT WITH ME:
LinkedIn: Kathleen Carroll