How It Impacts You | Starbucks

Language Selector

English

Get a Little Help Getting Ahead

An emergency savings cushion is about more than money; it can be a confidence boost and provide a little peace of mind. My Starbucks Savings can be the first step toward making that happen—by getting a little help along the way.

Set Up Your Account Through Goal Booster

Why Do I Need Emergency Savings?

Did you know? Only 64% of Americans have access to $400 in case of an emergency.¹ Whether you’re trying to save to cover 3–6 months of essential expenses in an emergency or taking the first steps to build a little buffer, we're making it easier. Use the My Starbucks Savings program to get a boost to help reach your goals faster.

Consider how much a difference $400 in savings can make:
	Using a Credit Card	Saving with Goal Booster
Up-Front Cost	$0	$400
Monthly Payment*	$42	$0
Number of Payments	13	1
Total Cost	$546	$400

* Minimum monthly payment based on assumed 18% Annual Percentage Rate (APR).

¹ https://www.federalreserve.gov/publications/2021-economic-well-being-of-us-households-in-2020-dealing-with-unexpected-expenses.htm

What Next?

Set Up Your Account

Ready to go? Open an account and set your payroll deductions to start earning incentives.

Watch a Video

Learn how My Starbucks Savings incentives work.

Get Answers

Still have questions? Read the FAQ for all the details on My Starbucks Savings.

Questions?

For questions about the My Starbucks Saving program, review the FAQs.

For questions about Fidelity Goal Booster email goalbooster@fidelity.com.

^†Active U.S. Starbucks partners 18 or older are eligible to save on an after-tax basis through their paycheck. Eligibility for incentives through My Starbucks Savings is limited to active U.S. Starbucks partners, at least age 18 with 90 days of service, excluding partners at the director level or above. Incentives are subject to required income tax withholding.

^#In addition, in order to be eligible for the incentives, you must be actively employed on the last day of the incentive month, and you must have an open account with an active Goal Booster election on the date the incentive is deposited to your account. Inactive/closed accounts cannot accept deposits. Even if you are ineligible for incentives, you still may elect to open an account through Goal Booster and fund the account through payroll deductions.

If there is any discrepancy between the information set out in this document and the plan provisions, the terms of the plan provisions will govern. Starbucks presently intends to continue this plan but reserves the right to change, modify or terminate the plan at any time and with or without notice and for any reason.

The Fidelity Cash Management account is a brokerage account designed for investing, spending and cash management. Investing excludes options and margin trading. For a more traditional brokerage account, consider the Fidelity Account.

The Fidelity^®Debit Card is issued by PNC Bank, N.A., and the debit card program is administered by BNY Mellon Investment Servicing Trust Company. These entities are not affiliated with each other, and Fidelity is not affiliated with PNC Bank or BNY Mellon. Visa is a registered trademark of Visa International Service Association, and is used by PNC Bank pursuant to a license from Visa U.S.A. Inc.

Your Fidelity Cash Management account will automatically be reimbursed for all ATM fees charged by other institutions while using the Fidelity® Debit Card at any ATM displaying the Visa^®, Plus®, or Star^® logos. The reimbursement will be credited to the account the same day the ATM fee is debited. Please note, for foreign transactions, there may be a 1% fee included in the amount charged to your account.

Zero account minimums and zero account fees apply to retail brokerage accounts only. Expenses charged by investments (e.g., funds, managed accounts, and certain HSAs) and commissions, interest charges, or other expenses for transactions may still apply. See Fidelity.com/commissions for further details.

Correction of Data Errors: You are responsible for identifying any discrepancies between your My Starbucks Savings contribution amounts and your paycheck. Note that if your paycheck is not sufficient for the full amount of your elected contributions to be made, only a portion will be deducted. You must notify the Plan Administrator in writing of any data discrepancies within 30 days after your valid election is made and immediately after the discrepancy is identified. To verify your election, you can go online to netbenefits.com and check your Goal Booster contribution election(s). Data discrepancies reported after 30 days will not be corrected unless required by law. If you discover a data discrepancy, send your written notification to Starbucks Corporation, c/o Savings Department, 2401 Utah Ave. So., Mail Stop S-HR3, Seattle, WA 98134 or contact the Savings team at MyStarbucksSavings@starbucks.com

Investing involves risk, including risk of loss.

This information is intended to be educational and is not tailored to the investment needs of any specific investor.

Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917

© 2022-2024 FMR LLC. All rights reserved
1042071.5.0