You can change your savings rate at any time to as little as 1% of your total pay, or as much as 100%, as long as it’s within IRS limits.
To change your savings rate online:
- Log in to your account online.
- Open the “Settings" tab from the horizontal menu options and select Employers.
- Click on the “pencil icon” next to your current percentage rate on the right.
- Enter the percentage you want in the savings contribution rate and select Submit.
Alternatively, you can complete and send in an Account Maintenance Form (please allow for mailing and processing time).