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Afterone year of service90 days with Reliant, you will be eligible to participate in the401(k403(b)(9) plan.Reliant will automatically enroll you in the 401(k403(b)(9) plan starting at $50 per month, and deposit it into a 401(k) 403(b)(9) traditional retirement savings account with the Principal Financial Group. On the next corresponding quarterly enrollment date after your one-year anniversary (see table below)Once you have become eligible, Reliant will enroll you on the the Principal website and send you an enrollment email confirmation with further instructions. | If you were hired | Then your enrollment | And will be deducted
January 2 - April 1st | April 1st | April 15th |
April 2nd - July 1st | July 1st | July 15th |
July 2nd - October 1st | October 1st | October 15th | January 1st | January 15th |
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If you do not make any changes to your investments, contribution rate(s), or take any other actions to manage your 401(k403(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. 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 Changes to Contributions for how to change your contribution.) |
For more information to help you get started and understand Reliant's
401(k403(b)(9) Plan see these helpful links:
Traditional vs. Roth Contributions