Money you contribute to your 401(k) or other qualified retirement plan are deferrals – meaning it was deferred or set aside from your salary. That money can be taken out of your pay before taxes (Pre-tax deferral) or after (Roth after-tax deferral). Learn the differences between Pre-Tax and Roth deferrals.

Money going into your retirement account is a contribution. This can be money deferred from your paycheck or money your employer puts into your retirement account for you.

If your plan permits you to change your savings rate online, you can update your savings rate on your employee website.
My accounts > Update my savings rate

Former Newport, Copilot, & PAi retirement accounts 
Plans > Deferrals.

The IRS sets annual limits that apply specifically to the amount employees, employers, or a combination of both can be put into an employee's account. Refer to the Annual COLA Limits chart to review the annual limit for elective deferrals you can contribute to your plan.

Yes, if your plan allows, you can roll over funds from a previous employer's retirement plan or another retirement account, such as an Individual Retirement Account (IRA).