This page allows you to view and change pretax and posttax contribution rates. The page also specifies the minimum and maximum contribution amounts allowed by the plan with regard to contribution changes. A validation of the change request will occur prior to the submission of the request to ensure that the entries are within the outlined minimum and maximum amounts. A contribution request change is subject to the approval of the plan sponsor prior to implementation.
"Your request has been processed." - This indicates that you have successfully entered in instructions for the modification to your account. A processed request, as far as the web is concerned, is one which has been accepted into the database. This request has not yet been processed by the plan administrator to update the participant's account. This does not mean the request will be approved or that it will pass through the system without error.
Reset - This option will clear the entries prior to the submission of a request.
Submit - This option transfers the transaction instructions to the plan administrator for processing.