Your Contribution
New team members and rehires are automatically enrolled after 30 days of employment at a pre-tax contribution rate of 3% per paycheck. You can opt out of auto-enrollment and choose a different contribution rate at any time.
- To help you save, if you're auto-enrolled, your contribution amount will automatically increase by 1% each July until you make a change or reach 6%.
- Contributions can be made in whole percentages between 1% and 95% per pay period, subject to IRS limits.
- If you're 50 or older and make the maximum allowable contribution to your plan, you're entitled to contribute an additional "catch-up contribution."