You can set up or change your per-paycheck contribution (deferral) rate at any time from your Guideline dashboard by following the instructions below.
Step 1:
From the main menu, select Contributions. (If you have more than one plan with Guideline, select the associated plan for which you’d like to make changes.)
You can also access the Contributions page from the main page of your dashboard, within the “Payroll contribution” section.
Step 2:
Within the Contributions screen, type in the percentage or dollar amount you’d like to contribute per paycheck.
As you enter your deferral amounts, your estimated contributions per pay period and for the year will be calculated within the sections at the top of the page, based on your salary history to date.
If you’d like to opt out of contributing, simply enter 0% or $0 into the pre-tax and Roth contribution amounts.
Step 3:
When you’re happy with your new contribution amount, select the “Save Changes” button toward the bottom of the screen.
Please note that if you change your contribution rate too close to when your employer runs payroll, your new rate will be reflected on the following payroll run. You can contact your employer or payroll department directly to confirm when your company runs payroll.¹
¹ If your employer uses a manual or non-integrated payroll provider (as opposed to one of our integrated payroll partners with real-time data sync), there may be a delay in your contribution rate change being applied within payroll. For last-minute changes, you should check with your company's payroll department to confirm that the contribution rate change is reflected before they process payroll.