Welcome to Solomon!

Enter the Access Code below

Access code is invalid

Solomon Logo

For assistance, problems or questions, please email us.

solomon@reliant.org

Versions Compared

Old Version 2

changes.mady.by.user Sarah Swann

Saved on

compared with

New Version Current

changes.mady.by.user Barb Seckler

Saved on

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.

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) plan starting at $50 per month, and deposit it into a

...

403(

...

b) 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 1 - March 31April 1stApril 15th
April 1 - June 30July 1stJuly 15th
July 1 - September 30October 1stOctober 15th
October 1 - December 31January 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.

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

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 with MyGuideStone

Traditional vs. Roth Contributions

Changes to Contributions

Changes to Investments

Class 2 - Fixed Term Employees

UI Expand
titleEligibility Summary
Info
titleSpecial Case

Being a Class 2 Fixed Term Employee is a special classification - please confirm you are this Class of employee with your Program Team Leadership. (Not all Fixed term employees fall under this classification for 403(b) purposes.)

As communicated throughout training and in your Employee Parameters, there are two types of 403(b) contributions: 1) Employee contributions and 2) Employer contributions. Since you are in a fixed-term program, feel free to choose one, both, or neither contribution option. Your decision for one does not affect the other. You can reference your employment parameters for more details. Please note that as a fixed-term employee, your eligibility and 403(b) benefits may differ from other employees with Reliant.

UI Tabs


UI Tab
titleEmployee Contribution

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

Employee contributions are managed by you on the GuideStone site; they are deducted from your monthly pay and are excluded from support goals (since they come off your wages).

  • Want to contribute from your paycheck? (Think: employee) If you would like to take part in employee contributions by adding to your retirement fund from your gross compensation.
    • Taking action on the personal side has two steps! Note: It can take up to three paychecks to see your paycheck contributions depending on the timing of your response to this request, timeliness in registering your GuideStone account, and the normal processing timeframe of the GuideStone/Reliant information exchange for payroll contributions.
      • First, complete this form by the 20th of the month.

UI Button
colorblue
iconlink
title403(b) Employee Contribution Class 2 Enrollment
urlhttps://docs.google.com/forms/d/e/1FAIpQLSelxmhG3LDsBuG1fkkQB13SdUs25ZtFsvZep1SayFVSoWZn0A/viewform?usp=preview

UI Tab
titleEmployer Contribution

The employer contribution is something you opt in for via your support goal; this is deducted from the MTD fund you're responsible for. (See Order of Pay for more details.)

As a Class 2 fixed-term employee, Reliant won't automatically match your employee contribution with an employer match. These options are separate decisions, and you can do one without the other. Here's how to engage with each...

What's in your goal? (Think: employer) If you elect to raise the funds for a monthly employer contribution, it will be reflected in the Other Information portion of your paystub (not deducted from your compensation), and watch your retirement account balance grow!

  • 403(b) employer contributions are excluded on start-up bonuses.
  • If you don't see "Monthly 403(b) Employer Contribution" in your goal's monthly costs, you will not be enrolled for a GuideStone retirement account. You can submit a fresh goal or reach out to fixedterm@reliant.org if you'd like to change that!


Include Page
Employer Contributions - Class 2, Fixed Term Employees
Employer Contributions - Class 2, Fixed Term Employees



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

UI Expand
titleEligibility Summary

Employees that are only assigned to work less than 4 months with Reliant are not eligible to participate in the 403(b) plan.