How were employers notified about transition activities?
The state has sent early notifications to employers and savers related to the change in program managers, followed by a series of communications from Sumday detailing specific transition activities (i.e. timeline, what to expect, and how to prepare). Notifications were sent via email, by default, and letters were sent to savers when contact information was limited.
Now that the transition is complete, automatic contributions will continue as before, and savers are able to opt out, withdraw their contributions, or make changes to their investment choices at any time.