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The Reliant Plan changed to a 403(b)(9) Plan effective 1/1/2024 and the eligibility changed too. This page will be updated soon to reflect those changes. In the meantime, please see the section: 403(b)(9) vs 401(k) Side-by-Side Comparison of key features on the page 403(b)(9) Retirement Saving Month- September 2023 for more details. |
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After one year of service with Reliant, you will be eligible to participate in the 401(k) plan.Reliant will automatically enroll you in the 401(k) plan starting at $50 per month, and deposit it into a 401(k) retirement savings account with the Principal Financial Group. On the next corresponding quarterly enrollment date after your one-year anniversary (see table below), Reliant will enroll you on the Principal website and send you an enrollment email confirmation with further instructions.
Once you receive your enrollment confirmation from Principal, please follow these instructions to set-up your account, establish a username and password, etc. Changes made on the Principal website to your 401(k) account by the 19th of a month will be reflected on your next payroll.
For more information to help you get started and understand Reliant's 401(k) Plan see these helpful links:Traditional vs. Roth Contributions
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