HOW TO
Change Contributions.
To change the contribution amount that is taken directly from your paycheck, login to your account and follow these instructions.
Start by hovering your mouse over MANAGE then click “Manage Contributions”
Now click “Contribution Rate/Amount”
On the next screen, under Deferral Type, select either "“Change Deferral by Percent” or “Change Deferral by Dollar”
**Please note, your deferral amount will be for each payroll processedNext, under the CURRENT VALUE column, enter the percent/amount you wish to be withheld from each paycheck. If your plan has a Roth option, you may choose to contribute to both the 401k Deferral source and the Roth.
**What is the difference between Roth and traditional 401k contributions? Read hereOnce you have changed the values to your desired percent/amount, click the Submit Deferral Change button. Leverage will process your request and notify your payroll.
And that’s it, you’re all set! You will receive a confirmation of your changes.