Savings, Investments & Retirement

Freddie Mac offers comprehensive wealth accumulation and retirement programs to assist our employees in meeting their current and future financial needs.

Thrift/401(k) Savings Plan: Freddie Mac's Thrift/401(k) Savings Plan consistently ranks among the very best in the nation. Employees are eligible to contribute between 1-25% on a pre-tax basis shortly after their date of employment. In their second year of employment, employees are eligible to contribute on an after-tax basis and begin receiving matching contributions and become eligible for a discretionary annual contribution, we refer to as our basic contribution. The Freddie Mac match is a step match-formula, which provides 50 percent, 75 percent or 100 percent, up to 6% of pay, based on our employee's years of service. Employees are automatically vested in the Freddie Mac match and are fully vested in the basic contribution after five years. The plan also allows for rollover contributions, loans and withdrawals, subject to IRS restrictions.
Pension Plan: In addition, to our Thrift/401(k) Savings Plan, we offer a traditional pension plan as part of Freddie Mac's retirement package. Employees become eligible for the Pension Plan, after meeting one year of eligibility service and attainment of age 21. The formula is based on age, salary and length of service. Employees can retire as early as age 55 (with a reduced pension beneift) provided they have five years of service; normal retirement is age 65.
Employee Stock Purchase Plan: Freddie Mac's employee stock purchase plan allows our employees to purchase Freddie Mac stock at a 15 percent discount.