Make sure your ADP 401(k) is working for you
Making changes to your ADP 401(k) portfolio can help you make sure that your investments are in line with your unique financial situation and goals. As a general principle, financial planning experts suggest investors should be:
- more aggressive when you have a long time horizon until retirement, because you’ll be able to ride out market fluctuations to increase your potential for higher returns
- increasingly conservative as you approach retirement, to protect your returns
Before making changes, make sure you’ve considered all of the investment options in your 401(k) plan (your employer usually chooses around 20 options).
We want to make it easy for you to make changes to your ADP 401(k) portfolio – check out the guide below to get step-by-step instructions.
Step-by-step guide to make changes to your ADP 401(k) portfolio
- Log in to your ADP account.
- Select the “My Retirement” section
- In the “Investments” section, click “View Details”.
- You’ll need to change the current investments in your portfolio, as well as change your investment elections for any future contributions to this account.
- Click on “Make Changes”
- Input the desired % allocation to each of the funds. Make sure to click “Submit” to save your changes.
- Next, make changes to your future investments. Navigate back to your Investment Details, and toggle the page to “Future Pay”.
- Input the desired % allocation to each of the funds. Make sure to click “Submit” to save your changes.
