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Savings Plans

Savings Plans

MGM Resorts provides you opportunities to save for your retirement or college education expenses.

MGM Resorts 401(k) Savings Plan

Many people are living longer and will be spending more time than ever in retirement. Depending on your position and your location, the MGM Resorts 401(k) Savings Plan helps you save enough for today to prepare for tomorrow by offering:

  • Pre-tax contributions - contributions come out of your pay before taxes are calculated, reducing your taxable income and helping to put more of your money to work for you in the Plan
  • After-tax Roth contributions – you pay taxes on your contributions now, but don’t pay income taxes later, even on any earnings your investments may make
  • A Company match (Eligibility and restrictions apply)
  • A variety of investment funds, ranging from conservative to moderate to high-risk

The Plan also allows you to adjust your level of participation. We know that there are times when you may need a little more in your paycheck, and times when you may be able to do with a little less. That's why the Plan lets you change your contribution amount quickly and easily.

529 College Savings Plan

Saving for your child's college education can be one of the most important investments you ever make. The 529 College Savings Plan is designed to help you meet the rising costs of higher education. Your contributions are directed to the investment funds of your choice, and growth is tax-free when used for qualifying expenses. The 529 College Savings Plan allows you to pay for higher education for anyone, including nieces and nephews, grandchildren, and even yourself.

MGM Resorts International