RETIREE MEDICAL SAVINGS ACCOUNT (RMSA)
The Retiree Medical Savings Account (RMSA) is available to Amgen staff members who work at least 20 hours per week. This account offers you an option for saving tax-advantaged money to pay for eligible medical expenses at retirement.
To help your savings grow, Amgen provides base and matching credits.
- You and Amgen Contribute
Amgen contributes to your RMSA in two ways:
- A $1,000 annual credit as well as potential interest credits (subject to change annually), plus
- A company matching credit of 50% (up to $1,500)
Elect after-tax contributions to your RMSA directly from your paycheck, up to:
- 50% of your annual base pay, and/or
- 80% of your annual commission pay and/or cash payment from any of the following: Value Enhancement Program (VEP), Global Management Incentive Plan (GMIP), or Executive Incentive Plan (EIP).
Questions?
Contact the Amgen Benefits Center at 800-97-AMGEN. Representatives are available Monday through Friday 5:30 a.m. to 5:30 p.m. PT, excluding holidays.