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Holiday Alert

On Friday, May 24 the Solutions Center will close at 8 p.m. ET, in observance of the Memorial Day holiday and reopen for standard hours on Tuesday, May 28. The New York Stock Exchange will be closed on Monday, May 27. Exchange orders received on or after 4 p.m. ET, on Friday, May 24 will be effective with trades processed on Tuesday, May 28 using that day’s closing prices.

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Previously, your deferral rate change needed to be made prior to the beginning of the month to take effect. Effective 11/1/2023, under this new provision, a deferral rate change may occur in the same month as the request providing sufficient payroll processing deadlines.
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