If your employer is offering Icon, you’ll be enrolling in Icon. This means your savings contributions will be automatically transferred from your employer’s payroll into your Icon retirement account. This is a simple and easy way to make sure you are saving for retirement.
Icon is an Individual Retirement Account connected to your employers payroll. When you enroll in Icon, your savings contributions happen automatically. You decide how much you want to set aside into your Icon retirement account and every time you get paid that amount will be automatically transferred.
You can keep up to date with your progress and check your contributions and make plan changes anytime.
Here’s how it works:
- You enroll in Icon through our digital enrollment process.
- You’ll need to have your employer’s Plan ID number and address to enroll. If you don’t have this number, you’ll need to get it from your employer.
- Once your account has been set-up, your contributions will happen automatically through payroll when you get paid. You can change your contribution amount at any time.
- If you leave your employer, you retain your Icon account. All of your account information and investments will remain the same. You’ll just need to change how your contributions are transferred into your account, or connect it to a new employer.