azad administration will continue to send employees advance notifications throughout the year, but to further help you plan ahead, here is a summary of important dates you should keep in mind for 2020:
- Health Care Open Enrollment: April 1 – Open Enrollment information is distributed to employees as soon as it is available to us from the health insurance companies.
- 401k Open Enrollment / Percentage Contribution Changes: January 1, April 1, July 1, October 1 – Enrollment or percentage contribution change forms need to be sent to azad administration at least 3 weeks in advance prior the Open Enrollment / Change dates. Participants may reduce contributions to $0.00 at any time by submitting a change form, but once reduced to $0.00, the participant must wait until the next open enrollment to restart contributions.
- 401k Investment Election Changes – Investment election changes can be done anytime online through Fidelity Investments.