What are Automatic Contributions?

Automatic Contributions are mandatory salary reduction contributions that enhance your ability to save more money on a pre-tax basis. This benefit gives you the opportunity to save the maximum Voluntary Contribution “in addition” to your Automatic Contributions.

I’m a new Associate. Can I stop or reduce my Automatic Contributions?

Attorneys (only) can submit an Application to Reduce or Withdraw Automatic Contributions if your monthly expenses equal at least 75% of your gross monthly compensation. Applications must be submitted to Benefits-Firmwide within 30 days of becoming eligible for this benefit.

How do I begin making Voluntary 401(k) Contributions?

Voluntary Contributions (also called 401(k) Contributions) are optional contributions deducted from your earnings on a pre-tax basis and reduce your income for U.S. income tax purposes and deposited into your OneAmerica account. You may make your election and make changes to your election at any time on your OneAmerica online account. Please see “Account Access and Management” below on how to access your account.

When are Firm Contributions deposited?

If you are eligible for this benefit, your first Firm Contribution is normally deposited into the retirement plan in the February following approximately 3 ½ years of service.

Additional Information:

For further inquiries or assistance, employees can contact Benefits-Firmwide or access forms and additional resources on OneAmerica’s website.

Helpful Resources:

Is The Roth Option Right for You?

Roth Informational Video

Mega Roth FAQs