Why are the payroll contribution amounts on my dashboard different from what comes out of my paycheque?
Once you’ve set up your payroll contributions in your account, this information is shared with your employer. Your employer is in control of the final amounts that are taken from your paycheque and put towards your retirement savings. Depending on how your employer has configured your plan, your actual contribution amounts may differ slightly from what you set up in your account. Additionally, if you are a salaried employee, your contribution amounts are likely to stay the same each pay period. If you are paid hourly, your contribution amounts may differ based on the number of hours you work in one pay period.