However, you should check with your benefits office to determine whether your organization has any rules regarding minimum payroll reductions. That means you defer paying taxes until a later date that may be more advantageous for you. Most important, your contributions and any earnings on your contributions grow tax-free until you start taking distributions from the plan. Contact Vanguard via e-mail . Fund information may also be included in materials you received during enrollment.
Some plans also offer the option of making exchanges online.
There are no set limits on exchanges. However, Vanguard has a policy to prevent excessive use of the exchange privileges, which could disrupt fund management and drive up transaction costs for all shareholders. To protect shareholders, Vanguard may limit exchange privileges if activity becomes excessive and detrimental to the interest of the funds. Use our online transaction features in the My Accounts area. You can change your investment allocation as often as you want.