Benefit Spotlight

401(k) Contribution Planning Made Easy

The last few weeks of the year are an ideal time to review your savings progress and financial goals.

Look Back at This Year’s Contributions

Log into NetBenefits to review how much you’ve contributed to your Lennox 401(k) Plan so far in 2026.

  • Have you been contributing consistently?
  • Are you contributing enough to receive the Lennox-paid match contribution in full?

This check-in allows you to track your progress, see how your investments have grown, and identify whether there are opportunities to make additional 401(k) contributions before the December 31, 2026 deadline.

  • Have you been making the most of the tax advantages available through your 401(k)?
  • How close are you to this year’s annual IRS 401(k) contribution limit?
  • Could you afford to increase your contribution percentage?

Keep in mind that your employee-paid Traditional/Roth/after-tax 401(k) contributions plus the Lennox Company-paid match must not exceed the annual 2026 IRS maximum limits indicated below:

401(k) Annual Contribution Limit*Current Year:
2026
Employee-Paid Traditional + Roth
(Age 49 or younger by year-end)
$24,500
Total Max Contribution
Employee-Paid + Lennox Match + After-Tax
(Age 49 or younger by year-end)
$72,000
Additional Catch-Up Contribution
(Only for those age 50+ by year-end)
$8,000

Run Your Numbers in Our New 401(k) Calculator

Not sure how your current contributions measure up or what adjustments might make sense?

Salaried employees can access the new and improved Lennox 401(k) Contribution Maximizer Calculator.

This easy-to-use tool lets you explore different savings scenarios and preview how your contribution choices could affect your nest egg over time.*

  • Test different contribution amounts and their potential impact your future paychecks.
  • Explore how increasing your contribution rate could help you reach your financial goals.

This confidential calculator can be used year-round to help you make more informed decisions.

*Remember, projections are estimates and not guarantees of actual future investment performance. All amounts entered into the tool remain anonymous and are not saved. This tool is based on the pay period schedule of Salaried employees.