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Class One - Career Employees

UI Expand
titleEligibility Summary
Excerpt

After

...

90 days with Reliant, you will be eligible to participate in the

...

403(b)(9) plan. 

Reliant will automatically enroll you in the

...

403(b)(9) plan starting at $50 per month, and deposit it into a

...

403(b)(9) traditional retirement savings account with

...

GuideStone. Once you have become eligible, Reliant will enroll you on the

...

GuideStone website and send you an enrollment email confirmation with further instructions.

...

If you were hired

between...

Then your enrollment

date will be as of...

And will be deducted

starting with this payroll...

January 2 - March 31April 1stApril 15th
April 1 - June 30July 1stJuly 15th
July 1 - September 30October 1stOctober 15th
October 1 - January 1January 1stJanuary 15th

 

Once you receive your enrollment confirmation, you will have the option to log on to Principal.com and change your contribution amount at any time. If you submit a change before the 20th of a month, that change will be reflected on your next payroll.

...

Once you receive your enrollment confirmation from GuideStone, please follow these instructions to set-up your account, establish a username and password, etc.

GuideStone Changes to Contributions to your 403(b)(9) account by the 19th of a month will be reflected on your next payroll.

Note
titleAuto-enrollment - $10 Annual Increase

For those employees that were originally auto-enrolled at $50, if you do not make any changes to your investments, contribution rate(s), or take any other actions to manage your 403(b)(9) account with Principal, Reliant will automatically increase your auto-enrollment each year. Each year starting with the January 15th paycheck, if you have not made any changes to the auto-enrollment, you'll see the auto-enrollment contribution raised by $10. This yearly increase will continue until you have reached $150. You have the option to change your contribution rate at any time if you do not want the auto-increase to be in effect. (See Principal Changes to Contributions for how to change your contribution.)

See Employer Matching Contributions - Class 1, Career Employees

For more information to help you get started and understand

...

 

Reliant's 403(b)(9) Plan see these helpful links:

Registering at Principal.com

Traditional vs. Roth Contributions

Principal Changes to Contributions

Changes to Investments


 

Class 2 - Fixed Term Employees

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titleEligibility Summary

This *Class of employees are immediately eligible to participate in the 403(b)(9) Plan - starting with their first regular paycheck (pre-hire bonus checks excluded). 

See Employer Contributions - Class 2, Fixed Term Employees

*This is a special classification - please confirm you are this Class of employee with your Program Team Leadership

Class 3 - Short-Term (under 4 months) Employees

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titleEligibility Summary

Employees that are only assigned to work less than 4 months with Reliant are not eligible for 403B enrollment.