Loading...

Boost your retirement contributions. Automatically.

Auto Increase is now available in your Plan.

Log in and navigate to the Managing Contributions webpage to get started.

Take advantage of potential growth

Your Plan's new Auto Increase feature gives you a great way to help strengthen your financial future through:

Meaningful growth over time

Increasing contributions regularly — even by a small amount — can significantly improve retirement income.

Easy and automatic process

Once you set your annual increase amount and date, your contributions will adjust automatically.

Flexibility and control

You can always change, pause or turn off Auto Increase at any time.

How steady increases can add up

The example in this chart compares the impact of keeping contributions flat vs. letting them rise automatically each year. Small, consistent increases over many years can lead to a larger retirement balance.

Effect of Auto Increase on account balance at retirement1

A line graph comparing 2 savings paths over 30 years: 1 where the investor keeps the same contribution rate at a 5% flat deferral, and 1 where the investor increases their contribution by 1% or $50 each year. The line representing the annual increase rises steadily and ends significantly higher than the flat contribution line, illustrating how small yearly increases can lead to much larger long-term savings.

Enroll in Auto Increase today — it's simple to get started. 
Log in and navigate to the Managing Contributions webpage to get started. 
Set up Auto Increase

Things to keep in mind

  • Make your selection at least 30 days in advance to allow for payroll processing 
  • Your Auto Increase will start on the month and day you choose — this year if the date is still upcoming or next year if it has already passed
  • Your contribution amount will automatically increase each year on the date you selected until you change, pause or turn off Auto Increase
  • If you change your contribution amount to 0% or $0 but do not turn off Auto Increase, your contributions will automatically restart and increase on future annual increase dates
For additional questions or support, contact us.

[1] For dollar-based contributions, the chart assumes a starting contribution of $250 per month, annual Auto Increase of $50, steady monthly contributions and monthly compounding, with a consistent 8% annual return over 30 years of investing.

For percent-based contributions, the chart assumes a $60,000 annual salary with a starting contribution of 5% of pay, annual Auto Increase of 1% of pay, steady monthly contributions and monthly compounding, with a consistent 8% annual return over 30 years of investing.