401(k) Frequently Asked Questions


401(k)afe
Do I have the flexibility to change the amount of my 401(k) contribution?
Yes. But how often you can change the amount of your contribution depends on the rules of your company's plan. Generally, plans allow for monthly, quarterly, semi-annual or annual changes. You may also have the option of suspending your contributions completely – but you may not be able to resume them until the next enrollment date. Check with your HR or benefits representative regarding the rules for your company's plan.
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