
This year, save part of your holiday bonus in your 401(k) SMART Plan! If you’re eligible for a bonus, you can put up to 30% of it in your retirement account by electing your bonus contribution by 4 p.m. on Friday, Oct. 31. Saving now means you’ll have more time for your money to grow before your retirement.
Eligibility to contribute
- Enrolled in the SMART plan
- Actively contributing each pay period
Remember, the holiday bonus contribution is paid separately from your regular pay, so you can choose a bonus contribution amount that’s different from your payroll contribution.
Elect a bonus contribution by Friday, Oct. 31
To make the election
- visit the SMART plan website using the link on PASSport or
- call the information line at 1-888-401k-PLN (1-888-401-5756).
When to expect your holiday bonus
If you’re eligible to receive a bonus and are paid weekly, you can expect your bonus on Nov. 18. If you’re paid monthly, it will arrive on Nov. 21. Don’t miss this opportunity to maximize your contribution and set yourself up for a secure financial future!