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How will my voluntary contributions to the 403(b), 457(b) and DC Plan After Tax Plans be impacted by the furlough plan?

April 26, 2017contributions dc impacted Plan plans tax Voluntary

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How will my voluntary contributions to the 403(b), 457(b) and DC Plan After Tax Plans be impacted by the furlough plan?

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If your voluntary contributions are made as a percentage of pay, they will be reduced. Contributions that are made at a flat rate (for example, $100 per month) will not change. Employees can change their contribution elections at any time, subject to payroll and processing deadlines.