Medical Insurance

The plan is designed primarily to provide protection from the serious financial burden of illness or injury. This benefit pays for a substantial part of the health care services you and your family may need. The plan provides three options; NHP HMO (South Florida employees only), UHC Choice and UHC Choice Plus Plan. TradeStation Group pays 100% of the premium cost for employee coverage under the NHP HMO Plan (South Florida employees only) and UHC Choice (for all other employees). You may add medical coverage for your eligible spouse and dependent child(ren) up to age 26 without restrictions. Dependent coverage is available for an additional cost.

Dental Plan

The Dental Plan is a voluntary employee benefit that pays for a substantial part of major dental treatment and regular, preventive dental care services. The plan provides you with two options: A Dental Managed plan and a Preferred Provider plan.

Vision Care Plan

The Vision Care plan offers you and your family a benefit option that covers all routine eye care, including in-depth eye exams, eyeglasses and contact lenses.

Basic Life & Basic Accidental Death & Dismemberment Insurance (AD&D)

This plan is designed to protect your survivors. TradeStation provides the basic life insurance and basic AD&D insurance benefits at no cost to you. The basic life insurance benefit amount that the beneficiary may receive is one times the insured's (employee's) annual base salary up to a maximum of $200,000 and an equal amount of coverage for AD&D.

Voluntary Life & Voluntary Accidental Death & Dismemberment Insurance

You have the option to purchase voluntary life & voluntary AD&D insurance coverage for yourself and your eligible dependents at group insurance rates. This coverage is in addition to the basic life & basic AD&D insurance that the company provides. The voluntary employee & spouse life insurance coverage may be purchased in units of $10,000 for a maximum of $500,000. The benefit amounts chosen need not be the same. Voluntary child life insurance coverage may be purchased for ages 14 days to 6 months for $500 coverage and age 6 months to 20 years of age (26, if full-time student) for $10,000 coverage. The employee voluntary AD&D insurance coverage may be purchased in units of $10,000 for a minimum of $10,000 to a maximum of $500,000, not to exceed 10 times Earnings for amounts over $150,000. The spouse voluntary AD&D insurance may be purchased in units of $5000 for a minimum of $5000 to a maximum of $250,000, not to exceed employee amount. The child voluntary AD&D can only be purchased for $10,000 coverage.

Short Term Disability (STD)

This voluntary plan will provide income to you equal to 60% of your current weekly salary to a maximum of $1,000 per week if you suffer from a disabling accident or illness that is not work-related. Benefit payments will begin after you have been unable to work for 15 days and will continue for up to 11 weeks while you are disabled.

Long Term Disability (LTD)

This voluntary plan will provide income to you equal to 60% of your current monthly salary to a maximum of $6,000 per month if you suffer from a disabling accident or illness on or off the job. Benefit payments will begin after you have been unable to work for 90 days and you will continue to receive payments to age 65.

Optional Accident Expense Insurance

This voluntary plan allows employees and employee family members to benefit from Accident Expense Insurance managed by Allstate Financial. This optional insurance pays cash benefits to you and your family in case of an accident (occurring on or off the job.)

Optional Hospital Insurance

This voluntary plan allows employees and employee family members to receive cash benefits over and above any other coverage for hospital stays due to injuries, illnesses, and pregnancies. Pays for both in-patient and out-patient procedures, and benefits for going to a doctor for either sick or well visits.

Optional Cancer/Disease Insurance

This voluntary plan helps bridge the gap for many medical and non-medical related costs. Pays for hospital stays, surgeries, chemo or radiation treatments, experimental treatments, and travel costs. Includes an annual wellness benefit payable for any screening test including: Pap Smear, Mammogram, PSA Test, or Colonoscopy.

Section 125 Flexible Benefits Plan

This is a voluntary plan that will increase your take-home pay by lowering your taxes. You will not pay Federal or Social Security taxes (FICA) on your pre-tax contributions. This may reduce your future Social Security benefits, although any reduction should be minimal in comparison to your tax savings. This plan allows you to pay for other expenses with dollars that will never be taxed: unreimbursed medical expenses up to a maximum of $4,500 per plan year; employment related dependent daycare up to $5,000 per plan year; and qualified transportation expenses - $230.00 for parking expenses, and $230.00 for commuting/mass transit expense. For medical reimbursement account eligibility to contribute starts after six months of employment.

Prepaid Legal

This plan allows employees to benefit from low-cost legal services from a leading provider of prepaid legal plans in North America. The benefits provided are both voluntary and completely confidential.

Employee Assistance Program (EAP)

The EAP is a professional, confidential counseling program for you and your family should you need help in resolving personal problems, whether marital, financial, legal or other. You and any family member living in the same household are eligible for three counseling sessions per year at no cost.

401(k) Savings & Company Matching Plan

It's never too early to plan for retirement. The TradeStation Group Employee Savings Retirement Program, established under section 401(k) of the Internal Revenue Code, was designed to make it easier for you to take the first step towards saving today for tomorrow's needs. You are eligible to participate in the TradeStation Group 401(k) Savings Plan following completion of three months of employment if you regularly work a minimum of 1,000 hours annually. The enrollment occurs quarterly, every January 1, April 1, July 1 and October 1. You may elect to defer between 1% and 60% of your pre-tax dollars. Participants older than 50 may do a catch-up contribution. Contributions are subject to annual dollar limits set by the IRS. The company may add to your savings a discretionary matching contribution. Any company matching contribution will vest in 20% increments over a five-year period, which means in 5 years you will be 100% vested for any matching contribution made today. Employee contributions are 100% vested at all times. You will automatically become 100% vested in your Account balance upon meeting the retirement requirements. You may take an early retirement distribution at or after age 55 and after you complete 4 years of service, but you must first terminate your employment with your Employer or Related Employer. 

Vacation Pay

Vacation is earned on a semi-monthly basis commencing on the date of employment. Full-time employees after six (6) months of continuous service are eligible for five vacation days. Ten days after one year of employment, 15 days after five years of employment and 20 days after ten years of employment. Part-time employees regularly scheduled for a minimum of twenty (20) hours weekly will receive vacation proportionate to their scheduled hours of work.

Holidays

TradeStation holiday schedule follows the exchanges (NYSE & NASDAQ) holiday schedule.

Sick and Personal Days

Full-time employees with three (3) months of continuous service are eligible for five (5) sick days and three (3) personal days per year, pro-rated in the first year. These days may not be carried over to the following year, and any unused time will be forfeited. Tab 6 - Discounts & Perks

Discount Programs

TradeStation offers you discounts to theme parks and attractions nationwide via Tickets At Work program. Enjoy AMC, Regal, Cinemark and Muvico theater tickets at discount prices. Also, employee discounts and special pricing are available for a variety of wholesale outlets, cellular phones, car rentals and more.

Special Employee Perks

TradeStation provides coffee, tea and hot chocolate daily and breakfast every Friday morning, and two free movie tickets on your birthday.