Plan Eligibility: You will be eligible to participate in the Plan when you have completed 2 months of service and have attained age 21. Your Entry Date will be the first day of the month coinciding with, or next following, the date you satisfy the eligibility requirements.

Auto-Enroll: Once eligible, you will be enrolled in the Plan with an automatic deferral of 3% of your compensation each payroll period unless you opt out of the Plan.
Auto-Increase: Your deferral amount will be increased by 1% per year up to a maximum of 6% of compensation.

Company Contribution: Your employer offers a 401(k) Match to contributions you make. The company matches 50% of the contributions you make up to 6% of compensation.

Traditional & Roth Contribution: You can contribute to your retirement plan as a Traditional pre-tax contribution or as a Roth after-tax contribution, or a combination of both.

Investments: You have a variety of investment choices within your 401(k) Plan. You will be auto enrolled into a Target Date Fund that aligns with your retirement age (with an assumption of 65 years old). You can re-direct those investments to any investment option offered within the Plan. Your investment options are listed on your Voya participant portal.

To begin your enrollment online - go to www.voyaretirementplans.com or click on the link below. To access your account for the first time click the "Register Now" button. Follow the prompts to enter in the required information and set up your username and password.

Once online to complete your enrollment you will:

Set your contribution amount. This amount will be taken out of each paycheck and contributed to the account on your behalf. You can always change how much you are contributing to your account.
Pre-Tax Contributions will lower your taxable income for the year. When you withdraw your contributions, you will have to pay taxes on your contributions and their earnings.
Roth Contributions come out of your paycheck after you pay taxes. As long as it has been 5 years since your first Roth contribution and you take the money out after you turn 59.5, you will get to withdraw all your Roth contributions plus their earnings, tax-free.

Set your Investments. If you feel confident, you can pick and choose which funds you want to be invested in. Your plan also offers Target Date Funds, which will automatically invest in stocks and bonds for you, based on the year you are expecting to retire.

If you have any questions, or need help with the enrollment process, do not hesitate to contact your Wealthspire advisors!