If you do not see 401(k) contributions from your first paycheck in January, it likely means:
- You maxed out your annual contribution limit in the prior year, causing your contribution rate to have been temporarily adjusted to 0%; and
- Your employer ran your January payroll in December of the prior year while you were still maxed out in payroll, causing no deductions to be counted towards your first paycheck in the new year.
That said, you can always adjust your contribution rate to catch up in future payrolls! If you would like, adjust your contribution rate from your Guideline Dashboard.
If your plan has an employer match, Guideline will make the necessary adjustments to ensure you receive any potential matching contributions.