Qualcomm 401(k)

Investment Options

The Qualcomm 401(k) offers a traditional mutual fund lineup and Fidelity BrokerageLink.  Fidelity BrokerageLink provides thousands of investment options, allowing you to have your Qualcomm 401(k) account professionally managed.

Professionally managed accounts can generate 3% to 4% higher returns per year.

Have Your Qualcomm 401(k) Account Professionally Managed

2025 Contribution Limits

  • Under age 50                    $23,500
  • Ages 50-59 or 64+            $31,000  [$23,500 + $7,500 catch-up]
  • Ages 60-63                         $34,750  [$23,500 + $11,250 catch-up]

Pre-tax Contributions and Pre-Tax Catch-up Contributions

With pre-tax contributions and pre-tax catch-up contributions, you defer income taxes until you withdraw the assets.

Roth Contributions and Roth Catch-up Contributions

With Roth contributions and Roth catch-up contributions, you pay taxes on the contributions but withdrawals are tax-free.

Qualcomm Match

Qualcomm matches 100% on your first $1,500 of contributions in 2025.   Then, Qualcomm macthes 50% on your next $1,500 of contributions in 2025. The maximum match is $11,500 in 2025.  Then, Qualcomm macthes 33% on your next $7,500 of contributions in 2025. Then, Qualcomm macthes 10% thereafter up to the IRS limit in 2025.

The maximum match is $6,025 for those under age 50 in 2025. You must contribute $23,500 to receive your full match.

The maximum match is $6,775 for those ages 50-59 or 64+ in 2025. You must contribute $31,000 to receive your full match.

The maximum match is $7,150 for those ages 60-63 in 2025. You must contribute $34,750 to receive your full match.

Qualcomm matches vest 50% after the first year and 100% after the second year.

Qualcomm Match Examples

Employee Contributes 2% of Salary

Based on a $350,000 salary, you contribute 2% of your salary or $7,000. Qualcomm will match your first $1,500 of contributions with $1,500, your next $1,500 with $750 and your next $4,000 of contributions with $1,320, for a total of $3,570.

Employee Contributes 6% of Salary

Based on a $350,000 salary, you contribute 6% of your salary or $21,000. Qualcomm will match your first $1,500 of contributions with $1,500, your next $1,500 with $750, your next $7,500 of contributions with $2,475 and your next $10,500 with $1,050, for a total of $5,775.

Mega Backdoor Roth

In addition to your pre-tax and Roth contributions and the Qualcomm match, you can utilize a Mega Backdoor Roth. You can contribute after-tax to your 401(k) up to the limit of all employee and employer contributions, then convert those after-tax contributions to a Roth IRA or Roth 401(k).

2025 Contribution Limits for All Employee and Employer Contributions

  • Under age 50                    $70,000
  • Ages 50-59 or 64+            $77,500
  • Ages 60-63                         $81,250

Mega Backdoor Roth Examples

Employee Under the Age of 50

Based on a $350,000 salary, you can generate $70,000 in 401(k) contributions.  In addition to your pre-tax or Roth contributions and your Qualcomm match, you can contribute $40,475 after taxes.

  • Your pre-tax or Roth contributions                    $23,500
  • Qualcomm match                                                  $6,025
  • Your Mega Backdoor Roth contributions          $40,475
  • Total                                                                         $70,000

Employee Age 50-59 or 64+

Based on a $350,000 salary, you can generate $77,500 in 401(k) contributions.  In addition to your pre-tax or Roth contributions and your Qualcomm match, you can contribute $39,725 after taxes.

  • Your pre-tax or Roth contributions                    $23,500
  • Your pre-tax or Roth catch-up contributions    $7,500
  • Qualcomm match                                                  $6,775
  • Your Mega Backdoor Roth contributions          $39,725
  • Total                                                                         $77,500

Employee Age 60-63

Based on a $350,000 salary, you can generate $81,250 in 401(k) contributions.  In addition to your pre-tax or Roth contributions and your Qualcomm match, you can contribute $39,350 after taxes.

  • Your pre-tax or Roth contributions                    $23,500
  • Your pre-tax or Roth catch-up contributions    $11,250
  • Qualcomm match                                                  $7,150
  • Your Mega Backdoor Roth contributions          $39,350
  • Total                                                                         $81,250

Have Your Qualcomm 401(k) Account Professionally Managed

Qualcomm and Skloff Financial Group are not affiliated companies. While we make efforts to keep the information accurate, we make no guarantees. Please contact your benefits department to verify the information.