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  1. Employer Update
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  3. Hybrid Retirement Plan

Employer Update

Category: Hybrid Retirement Plan

On the left side of this image, a young woman is seated at a desk resting her chin on her hand. She is smiling at the viewer. A computer is on the desk in front of her. TO the right of her is text which reads you can reduce errors.

How to Avoid Common Errors When Scheduling Payments for Defined Contribution Plans

February 2023

Submitting contributions in a timely manner ensures funds are invested for the member’s benefit.

A collage of squares of colors intermixed with pictures of people riding scooters in a park. Over this is a large graphic arrow pointing to the right. On the far right is an image of a hand placing a roll of $20 bills into a jar with a lid indicating increasing savings.

Fast Facts About Hybrid Plan Auto-Escalation

February 2023

While auto-escalation is built into the Hybrid Retirement Plan, members who took active control save more over time.

An image of two hands each with dollar signs hovering over them. To the right of the hands is a large plus sign followed by a symbol of a graph showing growth. Finally, on the left is an equals sign. To the right of the equals sign is text which reads auto-escalation 2023.

Hybrid Plan Auto-Escalation Contribution Reporting Tips

January 2023

Hybrid Retirement Plan auto-escalation went into effect January 1, boosting members’ voluntary contributions by 0.5%, except fo...

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