401(K) RETIREMENT SAVINGS - FIDELITY

The Activision Blizzard 401(k) Plan is a savings plan for your retirement. You will be automatically enrolled in the plan at 1% after 30 days of service (or 30 days after 6 months of service for temporary full-time employees age 21+). If you do not want to contribute to the 401(k) Plan you must change your contribution rate to 0% within 30 days of your eligibility date. Alternatively, you can contribute up to 75% of your base salary and 100% of your bonus each year, on a bi-weekly basis through payroll deductions, up to the annual IRS limit of $22,500 for 2023. If you are over age 50 you can also make additional catch-up contributions up to $7,500 in 2023. You have the option to contribute to a traditional (pre-tax) or Roth 401(k) (post-tax) plan, or some combination of the two.

Additionally, you can contribute up to $66,000 for 2023 at a maximum of 20% of your income to an After-tax 401(k) with the option of an in-plan Roth conversion!

Note: If you have made contributions to another 401(k) during the year, you will need to manage your contributions to ensure you do not exceed the IRS annual limits.

Managing Your Account

You can change your contribution percentage and investments anytime. Please refer to the Contributions Change Guide linked to the right for instructions on changing your contributions and allow for 2 payroll cycles to see the changes become effective. If you have questions about setting your contributions or which investments are best for you, you can meet with a Fidelity advisor for a complimentary advisory session. Additionally, all 401(k) participants are eligible for a complimentary advisory session with Fidelity. Login to the Fidelity Member Portal or call Fidelity at 1-800-835-5095 to make changes or set-up an advisory session.

Company Match and Vesting

Currently, the company will contribute on a discretionary basis to your savings by matching 25% of your total contribution (including the catch-up for those 50 or older) to the Traditional and/or Roth 401(k), up to the annual IRS limits. Employees are immediately 100% vested in the company match.

Note: Company contributions do not impact the annual IRS limits.

Rolllovers and Withdrawals

You can rollover part or all of an eligible rollover distribution you receive from an eligible retirement plan. An eligible retirement plan is a qualified Section 401(a), a 403(a) annuity plan, a 403(b) annuity contract, an eligible 457(b) plan maintained by a governmental employer, and an individual retirement account and individual retirement annuity; pension plans cannot be rolled into the Plan. To start a rollover, login to the Fidelity Member Portal select Quick Links> Rollovers> Start a Rollover> Rollover to Plan.

If you have a balance in your rollover contributions account, you may elect to withdrawal all or a portion of it. Generally, withdrawals are also permitted when you terminate your employment, retire, reached age 59, become permanently disabled, or have a severe financial hardship as defined by the Plan. If you apply for a financial hardship withdrawal, you must first exhaust all other assets reasonable available to you and the minimum hardship withdrawal is $500. Keep in mind that withdrawals are subject to income taxes and possible to early withdrawal penalties. You may also borrow from your account for any reason, but if you fail to repay your 401(k) loan (based on the original terms of the loan), it will be considered in default and treated as a distribution subject to income tax and possibly early withdrawal penalties.

To start a rollover, login to the Fidelity Member Portal select Quick Links> Rollovers> Start a Rollover> Rollover to Plan. To start a withdrawal, login to the Fidelity Member Portal select Quick LInks> Loans or Withdrawals> See Your Options. For additional details, review the 401(k) Summary Plan Description land the 401(k) Loan FAQ, linked to the right.

Not everyone’s a money expert. That’s okay. That’s why Fidelity created How You Money, a group of videos made to help you tackle all your money questions. Pick yours: savings, investing, debt, fundamentals, retirement and more.

 

529 COLLEGE SAVINGS PLAN - FIDELITY

A 529 Plan is a college savings plan sponsored by a state or state agency. Savings can be used for tuition, books, and other education-related expenses at most accredited two- and four-year colleges and universities, U.S. vocational-technical schools, and eligible foreign institutions.

Although contributions to the Plan are not deductible, earnings grow federal tax-free and are not taxed when the money is used to pay for eligible education expenses. To learn more and/or open an account, visit the 529 College Savings Plan Portal linked to the right.

BANKING DISCOUNTS - BANK OF AMERICA

Bank of America banking program for Activision Blizzard employees.

As an employee, you have special access to resources and tools to help manage your financial wellness Click here

Bank of America, N.A. Member FDIC. © 2023 Bank of America Corporation. All rights reserved.

STUDENT LOAN REFINANCING & PERSONAL LOANS - SOFI

Activision Blizzard has partnered with SoFi to offer their student loan refinancing solution to employees, and their family members & friends!

By refinancing a student loan (private, federal, or Parent PLUS) with SoFi, you could reduce the cost of your student loans, with a shorter term that may help you pay them down sooner, and potentially help you save money for personal goals. You could save big by locking in a lower rate by applying at https://www.sofi.com/multi/2051013/

You can also take advantage of SoFi personal loans. When you’re paying high-interest debt, it can spiral out of control quickly-but you have the power to stop it. A SoFi Personal Loan can benefit you by making one monthly fixed-rate payment, pay no fees (just principal and interest), and get same day funding (loans between $5K - $100K). View your rate today by visiting SoFi.com/ActivisionBlizzard.

To get started, visit the SoFi website linked to the right or call 833-277-7634 or emailing your-benefits@sofi.com.

* Terms and Conditions Apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. To qualify, a borrower must be a U.S. citizen or other eligible status, be residing in the U.S., and meet SoFi's underwriting requirements. Not all borrowers receive the lowest rate. Lowest rates reserved for the most creditworthy borrowers. If approved, your actual rate will be within the range of rates listed above and will depend on a variety of factors, including term of loan, a responsible financial history, years of experience, income and other factors. Rates and Terms are subject to change at anytime without notice and may be subject to other restrictions. Minimum loan amount of $5,000 unless required to be higher to comply with applicable law. SoFi refinance loans are private loans and do not have the same repayment options that the federal loan program offers, or may become available, such as Income Based Repayment or Income Contingent Repayment or PAYE. SoFi Student Loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmls consumer access.org).

FINANCIAL COACHING - MY SECURE ADVANTAGE (MSA)

My Secure Advantage (MSA) is a comprehensive financial wellness benefit available to you at no cost! By connecting with a Money Coach and taking advantage of MSA’s digital resources, you can build a stronger and more secure future no matter where you are in your financial journey.

Money Coach

By connecting with a personal Money Coach, you can build a stronger and more secure future no matter where you are in your financial journey.

  • No two stories are alike and your financial strategies shouldn’t be either - With MSA, you have access to a dedicated Money Coach for 90 days each year. It could be about creating a budget, increasing your credit score, paying down debt or all three! Maybe you’ve got questions about planning for retirement, buying a home, or creating an investment plan. You get the idea. Whatever your financial focus or challenge, MSA has credentialed, skilled Coaches who can help.
  • Confidentiality and a real person to guide and support your goals - Think of your Coach as a personal financial guide, accountability partner, and chief motivator. Together you’ll create a plan that embodies your values, priorities, and goals – one that reflects and works with your life. MSA encourages your spouse/partner to join in the conversations too. All sessions are confidential, over the phone and a half hour long.
  • No out-of-pocket cost, hidden fees or charges - Activision Blizzard has paid for this benefit, full stop. MSA’s coaches don't work on commission or sell any products. When you talk with a Money Coach, you can be sure that you’re getting unbiased, judgment-free guidance.

Assessment and Action Plan

Your financial future starts with understanding where you’re at today. Complete MSA’s financial assessment to learn how stressed (or not) you’re feeling about your finances. We’ll direct you to videos, guides and other resources tailored to your needs and interests.

Private Financial Website

Online video courses, calculators, articles, legal forms and more are at your fingertips. Schedule appointments, share files and connect with your Coach on your secure website.

MSA Wallet

It’s easier than ever to budget, save and get a clear view of your finances. See all of your accounts in one place! With 24/7 visibility, you can track spending, plan for the unplanned, reduce debt and monitor your net worth. Wallet is safe and secure with bank-level security and no data mining. Learn more. 

Credit & Identity Monitoring

Access your TransUnion credit score (updated every 30 days) and credit report (updated annually) right from your dashboard! It won’t hurt your credit score, and it’s confidential. You can also get 24/7 credit and identity monitoring with fraud alerts for suspicious activity. 

Live Events

Enjoy monthly webinars and live forums covering virtually all areas of finance and related life events. Related worksheets and handouts are also included.  

The peace of mind that comes with having a plan for your money, along with the support and guidance from a Coach is leading people to better lives every day. Ready to get started? Employees can visit the MSA website, while family members can call 888-724-2326 to activate their benefit. 

TUITION REIMBURSEMENT - ABK

Full-time and part-time regular employees are eligible to participate after 6 months of continuous employment with the Company. To ensure that you are eligible, please obtain manager and HRBP approval prior to enrolling in courses.

Employees will be reimbursed after completing the course(s) with a grade of “B” or better, up to the following amounts annually:

Regular full-time employees:

  • $3,000 Certificate Programs
  • $5,250 Undergraduate Courses
  • $7,500 Graduate Courses

Regular part-time employees:

  • $1,500 Certificate Programs
  • $2,500 Undergraduate or Graduate Courses

Click the Tuition Reimbursement Program policy for instructions on how to submit your application and request reimbursement through the HR Support Desk.

HEALTH SAVINGS ACCOUNT (HSA) - HEALTHEQUITY

Health Savings Accounts (HSA) are personal savings accounts that you can contribute to pretax, and can be used to pay for eligible expenses now, or later in life. To participate in an HSA, you must be enrolled in the Collective Health CDHP only. Your contributions are limited annually by the IRS (in 2022, $3,650 for employee only and $7,300 for employee + dependent, with an additional $1,000 catch-up for those over age 55), and in 2023 $3,850 for employee only and $7,750 for employee + dependent, but you are able to make changes to your paycheck contribution amount at any time during the year through Workday. You are also eligible to receive and earn company contributions through participation in Benefits@Play. Funds rollover from year-to-year and never expire, can be invested, and are triple tax-advantaged!

Funding
Your HSA is made up of company contributions (company seed and Benefits@Play earnings) and your own contributions. Funds are available as deposited from your paycheck and the company.  Employees over age 55 can contribute and additional $1,000 in catch-up contributions for 2023. Below are the company funding amounts that you must consider when making your contribution elections.
 

Plan Type Plan Tier Seed Benefits@Play Earnings
CDHP Employee Only $250 $1,000
  Employee + Dependent(s) $250 $2,000

Reimbursements

You can use your HealthEquity debit card to pay for eligible expenses. Should you pay out-of-pocket at the time of service, you can submit for reimbursement through the HealthEquity Member Portal. For more information, please refer to the HSA FAQ linked below, or email memberservices@healthequity.com.

Rollovers

If you have funds in another HSA and would like to roll them over to your HealthEquity HSA, download the rollover form, and upload to their website once complete.

FLEXIBLE SPENDING ACCOUNT (FSA) - HEALTHEQUITY

A Flexible Spending Account (FSA) is available to employees on all medical plans other than the Collective Health CDHP and allows you to set aside pre-tax dollars from your paycheck into an account to be used for eligible medical expenses. FSAs are funded by employee contributions only and are available immediately once elected. The amount you elect will be deducted from your paycheck on a pro-rated basis throughout the year.

Note: All unused funds are forfeited at the end of each calendar year and you cannot make changes to your election amount unless you experience a qualified life event and submit your changes within 30 days. You are not automatically re-enrolled in this account annually, you must re-elect this account during open enrollment or within 30 days during a qualified life event.

Reimbursements

This account is managed by HealthEquity and funded as contributions are made from your paycheck. You will receive a debit card to use for payments on eligible expenses. Should you pay out-of-pocket for an eligible expense, you can reimburse yourself through HealthEquity Member Portal. For more information, please refer to the FSA FAQ linked to the right.

HEALTH REIMBURSEMENT ARRANGEMENT (HRA) - HEALTHEQUITY

The Health Reimbursement Account (HRA) is available to employees who do not have an HSA but are participating in Benefits@Play. HRA’s are fully funded by the company to help you pay for eligible medical expenses.  HRA money rolls over from year-to-year while you are employed with the company. You can earn as shown below:

Plan Type Plan Tier Benefits@Play Earnings
PPO 500, In-Network, Centivo or Kaiser Employee Only $500
  Employee + Dependent(s)   $1,000
Waive Coverage   Sweepstakes Only

Reimbursements

You can use your HealthEquity debit card to pay for eligible expenses. Should you pay out-of-pocket at the time of service, you can submit for reimbursement through the HealthEquity Member Portal. For more information, please refer to the HRA FAQ linked to the right, or email memberservices@healthequity.com.

DEPENDENT CARE FLEXIBLE SPENDING ACCOUNT - HEALTHEQUITY

A dependent daycare (DCA) is a flexible spending account that allows you to contribute a portion of your paycheck tax-free to pay for qualified dependent care expenses, so that you and your spouse can either work or look for work. The IRS limits annual contributions to $5,000 on income tax returns if single or married filing jointly, and $2,500 if married filing separately. You can use your DCA to pay for care for children under age 13 that you claim as dependents, as well as adults or other relatives that are incapable of caring for themselves (if you provide more than 50% of their support).

Note: There is an extended the grace period for the Dependent Care FSA.For 2023 plan year, all unused funds remaining after April 15, 2024 will be forfeited. You will have until April 30, 2023 to reimburse yourself with your 2023 funds for expenses incurred between January 1, 2023 - April 15, 2023.  

You cannot make changes to your election amount unless you experience a qualified life event and submit your changes within 30 days. You are not automatically re-enrolled in this account annually, you must re-elect this account during open enrollment or within 30 days during a qualified life event.

Additionally, DCA funds are subject to IRS discrimination testing annually; thus, the IRS may determine that you are ineligible for the full $5,000 election mid-way through the year. If you are impacted by this testing you will be notified by the benefits team and your election will be automatically reduced to the amount the IRS approves.

Reimbursements

This account is managed by HealthEquity and funded as contributions are made from your paycheck. If you only have a DCA you will not receive a debit card to use for payment. Instead, all claims for reimbursement must be submitted through the HealthEquity Member Portal. If you have any other fund account (HSA, FSA, etc), you can use your debit card for payment. For more information, please refer to the DCA FAQ linked to the right, or email memberservices@healthequity.com.

PAYACTIV

PayActiv is a financial wellness platform that provides an assortment of services including access to your earned wages before payday. You may access your earned wages using the PayActiv mobile app, website, or ATM (only at select locations). 

With this service, you can:

  • Access other services including bill pay, savings and budgeting tools, discounts, and financial health counseling
  • Access up to 50% of your net earned unpaid wages (up to 3 transactions, not to exceed $500 in aggregate per pay period) for an ATM-like flat fee of $5 per deduction.
    • Accessible amount is based on your hours worked less any applicable taxes and bank deposits are available same day by 5pm EST for transactions completed by 1pm EST
    • The funds you access will be deducted from your next regular paycheck
    • There is no cost to enroll, no cost if not used, and no cost to cancel
    • You can use the PayActiv Prepaid Visa Card to transfer funds instantly even on weekends and federal holidays

Enrollment Options:

  • Online - Visit www.payactiv.com/enroll
  • Smartphone App - Download the PayActiv App from the Apple App Store or Google Play
  • By Text – Text “Enroll Me” to 1-877-937-6966  

For enrollment, you will need to provide your Employee ID number, which can be found in Workday (in parenthesis next to your name).

For customer support, please call 1-877-937-6966, email support@payactiv.com or visit www.payactiv.com/help

CALL OF DUTY ENDOWMENT - ABK

For about $10 a week, you can change the life of a veteran and their family. In 2021, 60% of U.S. veterans were underemployed. By electing to contribute to the Call of Duty Endowment through payroll deduction, you can help place a veteran into a high-quality job with every paycheck or as a one-time deduction. Additionally, you can double your donation’s impact by supporting The Endowment through ABK Gives Back, our Company’s charitable donation matching program. Through ABK Gives Back, you can donate directly to The Endowment or request a match by submitting your payroll donation receipt.

The Endowment is our company’s flagship charitable effort and the world’s largest and most effective private funder of veteran employment. Since its founding in 2009, the Endowment has placed more than 100,000 veterans into high-quality jobs. Every cent of your donation goes to veteran placement, as our company covers all of the Endowment’s operating costs. Through our highly effective model of funding the best U.S. and U.K. veteran employment organizations, we can put a veteran back to work for only $547. The Endowment has received many awards for its work, including GuideStar’s Platinum status – the highest recognition for impact and transparency among charities. 

GIVES BACK - ABK

ABK Gives Back is a charitable donation matching program that provides eligible employees the opportunity to make a difference through non-profits of your choice. The Company will match your contributions, dollar-for-dollar, up to $1,000 USD (or local equivalent) annually. You may donate directly to a non-profit through the ABK Gives Back platform, or request a match to a donation you made in the past 12 months. Regardless of how you decide to donate, ABK Gives Back extends your impact to the causes and communities that matter to you, and creates a collective impact in the communities we all support.

Log into the ABK Gives Back platform here via SSO to donate. Check out the ABK Gives Back Hub page to learn more about the program guidelines and FAQs.

The Software License and Service Agreement will be updated. Please follow this link [https://www.activision.com/legal/ap-eula] in order to see these changes.

Privacy Policy Update
We’ve updated our Privacy Policy. You can view the revised policy here. By continuing to use Activision’s websites, products or services, you acknowledge this revised Privacy Policy.