麻豆最新出品

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Help with retirement plans

Help with your 麻豆最新出品 retirement plan: Common questions and answers

Get help understanding your workplace retirement plan, including how to enroll, change your contributions, update your beneficiaries, and more.

Enrolling in my retirement plan
Does my employer offer a retirement plan?

Any retirement plan offered by your employer would be listed as part of your benefits package. If you鈥檙e not sure, contact your human resources department or hiring manager.

How do I know if I鈥檓 enrolled in my workplace retirement plan?

Typically when you are hired, you receive information about enrolling in your employer-sponsored retirement plan. Enrollment happens one of two ways: You elect to contribute to the plan, or your employer opts you in automatically (called auto enroll). The easiest way to check if you are enrolled? Look at your paystub for deductions, typically listed as 鈥401(k) contributions鈥 or 鈥渞etirement.鈥

I鈥檓 not enrolled and want to be. What do I do?

You can create an account by following the steps at . Or, download the 麻豆最新出品 app and answer the prompts.

You can also contact your human resources representative or hiring manager for information on how to enroll in your employer-sponsored retirement plan.

Contributing to my retirement plan
How do I know how much I鈥檓 saving in my retirement plan?

You can check contributions to your retirement savings plan in a couple of different ways: On your 麻豆最新出品 dashboard, which you may access either through a desktop browser or the 麻豆最新出品 app (see below for log in instructions), or by viewing your paystub. On your paystub, those contributions are typically listed as 鈥401(k) contributions鈥 or 鈥渞etirement鈥 and will be a percentage of your total pay.

How do I increase my retirement plan contributions?

Generally, you are able to change your rate of contributions to your plan at any time; changes typically go into effect based on plan provisions and payroll timing. To get started, to view your dashboard. Click on the 401(k) account card on the left. On the top menu, hover over 鈥淐ontributions,鈥 then click on 鈥淢anage contributions.鈥 Follow the on-screen commands.

If you are enrolled in auto escalation by your employer, or you choose to enroll in this option yourself, your contributions will automatically increase, typically once a year until you reach a maximum percentage (often 15%). You may also choose to save more in your plan by following the steps above.

How do I know how much I should contribute to my retirement plan?

One rule of thumb suggests saving 15% for 40 years in retirement savings accounts. But what you do is all about your goals. If you鈥檙e not sure or want to evaluate different strategies, use our online Retirement Wellness Planner tool to help:

  • see how you may be progressing toward your retirement savings goals.
  • easily manage, visualize, and plan your retirement savings.
  • determine how small changes can help you reach your retirement goals.

To access the tool, to your 麻豆最新出品 account, then click on the box listing your workplace retirement savings plan on the left side of the screen. Hover over 鈥淧lanning resources鈥 on the top menu, then scroll down to 鈥淩etirement Wellness Planner.鈥 There, you can edit factors like your expected retirement age and current salary.

If you don't want to log in or you don't have a retirement account with 麻豆最新出品, you can use this version of our .

Logging in to my retirement plan
How do I log in to my retirement plan with 麻豆最新出品?

You may . Look for the blue 鈥淟og in鈥 button on the top right corner. Use this helpful how-to for detailed instructions.

I don鈥檛 have a username or password. How do I get one?

You鈥檒l need to set up your account with a username and password. Follow the steps here.

How do I change my username, password, and other login information?

, then navigate to 鈥淢y profile鈥 on the top menu. There, you can change your password, mailing address, email address, mobile phone number, security settings, and more.

How do I reset my password or look up my username?

Go to the鈥.鈥疷nder the 鈥淟og in鈥 button, click 鈥淔orgot username or password?鈥 Choose 鈥淚ndividuals鈥 as your role. Confirm your identity by providing the requested information; click 鈥淐ontinue.鈥 You鈥檒l receive a verification code by text, voice call, or an authenticator app; enter it. You'll see your username and may reset your password; you can also return to the log in page.

Investing and allocating savings in my retirement plan savings
How do I change my username, password, and other login information?

Investment options vary from plan to plan. To view or change yours, . Look for the account you want to review. Navigate to 鈥淚nvestments鈥 on the top menu, then scroll down to 鈥淐hange investments.鈥 From there, follow the on-screen prompts.

How do I change my investment allocations?

. Look for the account you want to review. Navigate to 鈥淚nvestments鈥 on the top menu, then scroll down to 鈥淚nvestment details.鈥 Scroll to the bottom of the page and click on 鈥淐hange investments鈥; follow the on-screen prompts.

Information and rules for my retirement plan
Where do I find specifics about my plan?

To view documents or other notices related to your plan, . On the left menu, click the box listing the account to review. Navigate to 鈥淥verview鈥 on the top menu, then scroll down to 鈥淧lan information & details.鈥 Your Plan Summary and Summary Plan Description (PDF) offers lots of information about your retirement plan.

Tax documents and other forms for my retirement plan
Where can I find my tax forms?

If you have signed up for electronic delivery of your tax documents, you can view them at any time. to your 麻豆最新出品 account. At the top right-hand corner, click on the arrow next to your name; scroll down to 鈥淢y profile鈥 and click. On that page, click on 鈥淭ax documents.鈥

If you have not signed up for e-delivery, on the 鈥淢y profile鈥 page, click on 鈥淢anage delivery preferences.鈥 Click on the 鈥渆mail notification鈥 buttons for all eligible documents you wish to receive electronically.

Why did I receive an IRS Form 1099R from 麻豆最新出品?

If you received a distribution of more than $10 from a retirement plan, you will receive a 1099R. Find more information on the 1099R.

Where do I look to locate a specific form for my plan?

Start with this list.

Beneficiaries for my retirement plan
How do I update beneficiaries?

. On the left menu, click the box of the account to review. On the top menu, click 鈥淥verview,鈥 then scroll down to 鈥淏eneficiaries.鈥 Follow the on screen prompts to add or edit beneficiaries.

Options for previous 401(k) accounts
How do I roll over or roll in an old 401(k) from a previous employer into my new 401(k)?

Check first to see if your plan allows you to roll over or roll in funds. Your Plan Summary and Summary Plan Description (PDF, found under 鈥淧lan information & details鈥) offers details. To begin a rollover, download the 麻豆最新出品 app. Log in to your account, then select the account to update. Scroll to the bottom of the screen and select 鈥淩ollovers.鈥 If logged in through a desktop browser, click the box of the account to review. On the top menu, click on 鈥淩ollovers,鈥 then follow the on screen prompts.

What are my options for my retirement plan savings with 麻豆最新出品 if I leave my employer?

Your options depend on your plan, but generally you may be able to roll your savings into an IRA, keep your savings in your former employer鈥檚 plan (if allowed), roll your savings to a new employer鈥檚 plan (if available and allowed), or cash out the account. Find more details about each option by logging in to your account. Click on the box for your 401(k) account, then click on 鈥淢y options鈥 and answer the prompts.

Withdrawals or loans from my 401(k) plan
Can I take money out of a 401(k) with a loan or withdrawal?

Not all plans allow withdrawals or loans. Here鈥檚 how you can check if your 麻豆最新出品 plan allows you to take money out in the form of a loan or withdrawal: . On your dashboard, click on the box for your 401(k) account. In the top menu, click on 鈥淢y options鈥 and answer the prompts. If you would like more plan details, navigate to "Overview," then scroll down to "Plan information & forms." Find the Summary Plan Description; that booklet should have information about withdrawals or loans, if allowed.

Read more about taking money out with a 401(k) loan or withdrawal.

Required minimum withdrawals for my retirement plan
How do I take an required minimum distribution from my retirement savings?

If you have a plan through 麻豆最新出品, you may be able to request a required minimum distribution, or RMD, online. Here鈥檚 what to do. . On your individual dashboard, you鈥檒l see a list of accounts on the left. Click on the relevant account. You鈥檒l see an estimated RMD at the top of the screen. Click on 鈥淪tart my RMD request.鈥 Next, you鈥檒l be asked to confirm your citizenship status and receive a distribution summary that also confirms federal tax withholding. You鈥檒l then enter delivery details and complete a final review. Learn more about the dates and rules for RMDs.