For a short video demonstrating the processes, please visit How to Change Your Contribution Rate
You may change your contribution rate at any time using your participant account at Jocelyn Pension Consulting.
Once you have logged in, from your participant dashboard select "Change Contribution Rate" from the "Contribution Rate" box on the right side.
Select either Edit Pre-Tax or Edit Roth. Please note, if your plan does not allow for Roth contributions, you will only see "Edit Pre-Tax".
In the Change Contribution Rate window, select either Stop Contributions or Change Contributions radio button.
Next, select either the $ Dollar Amounts or %Percentages radio button, depending on whether you would like to contribute a flat dollar amount or a specific percentage.
Enter the specific dollar amount or percentage you would like withheld. Note: The dollar amount or percentage you select is a PER PAY PERIOD AMOUNT. If you intend to choose an annual dollar amount (i.e. the Maximum Contribution Limit for the year), then you must divide that annual contribution by the total number of payrolls you have in the year and enter it here. Once complete, select "Next".
Confirm your election before you select the "Submit" button in the lower right corner to initiate your new election.
You will receive a Confirmation number confirming your request was processed successfully. Both you and your payroll provider will receive a confirmation email detailing your request. We always encourage participants to follow up with their payroll providers to ensure the change has been instituted by the provider.