Eligible employees are now able to enroll themselves in your plan online at www.abaretirement.com. Once they have completed the online experience, they will print or take a screenshot of their confirmation page and send it to you. All you need to do is set up the appropriate deferral election deduction in your payroll system (for 401(k) plans only).
In 10 minutes or less, your employees can set retirement goals, select savings rates, choose investment paths, designate their beneficiary(ies) and clearly see how the choices they make today can impact their estimated monthly income in retirement.
To learn more about the online experience download the overview flyer.
In addition, make sure you reference the new enrollment guide at https://voyadelivers.com/aba/enrollmentmaterials/
If you have any questions regarding this enhancement, please call 800.752.6313 or email email@example.com.
When your employees become eligible to enroll in your plan you must provide them the following:
- the link to the enrollment communications: https://voyadelivers.com/aba/enrollmentmaterials/;
- the Summary Plan Description (SPD);
- and any applicable notices (e.g., Safe Harbor and/or Qualified Default Investment Alternative).