401k Open Enrollment
- Human Resources
- Dec 1, 2020
- 1 min read
401K It’s open enrollment time! The Red Roof 401(k) plan allows participants to change their contributions twice a year (for a January and July effective date). Contributions can be set up as a flat dollar amount or a percentage of your pay. And while you can only make contribution changes twice a year, you can make changes to your investments at any time. This is the perfect opportunity to review your current investment allocation determine if any changes are needed.
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