Step 1: Determine what contribution types make sense for you

There are four types of contributions that you can make to your 401(k): Pretax employee deferrals, Roth contributions, after tax contributions, and non-elective contributions. Click here to learn more about contribution types and limits. We recommend consulting with a tax professional to determine which contribution type(s) makes the most sense for your situation.

Step 2: Set your contribution allocation

Before you have the option to make a contribution, you must first set your contribution allocation. This determines how your contribution is divided between the four types and must add up to 100%. The allocation you set will apply to any future contributions but can be changed as needed. Once a contribution has been submitted, your allocation for that contribution can’t be changed.

Step 3: Enter your contribution amount

Click the ‘Make Contribution’ link in the upper right corner of your account summary page. Start by confirming your current allocation percentages displayed at the top of the popup box. If you would like to change your allocation, you must do so prior to submitting. Close the popup and click the ‘Contibution Allocation’ link, update as needed, and reopen the Make Contribution box. Once you have the desired allocation set, enter the total amount you would like to contribute in the ‘Contribution Amount’ field.

Step 4: Enter your bank account details

In the ‘Do you want to use an account that is on file?’ field, select the bank account you would like your contribution drafted from. If this is your first contribution, select ‘No’ and then enter the name on the bank account along with the routing and account numbers.

Step 5: Confirm contribution details and submit

Once you have completed the required fields, confirm the contribution amount and account details. You will see a four-digit security code displayed in the grey box at the bottom of the form. Enter this code in the empty field to the right, click the ‘Submit Payment’ button, and then ‘Yes’ on the confirmation message that appears. Once your contribution is processed, it will appear in the transaction history of your account summary page.