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Antiwork

Is it legal for my work to increase my 401k contribution without my go-ahead?

Our company matches up to 5% on 401k, but for whatever reason they feel obligated to take my money into their unqualified hands. They are auto-enrolling everyone in 5% contributions, and gradually increasing it up to 10% (which they wont match more than the 5% of). Is this legal/normal? I have to manually go in and change my contribution to prevent them from going above 5%.


Our company matches up to 5% on 401k, but for whatever reason they feel obligated to take my money into their unqualified hands. They are auto-enrolling everyone in 5% contributions, and gradually increasing it up to 10% (which they wont match more than the 5% of). Is this legal/normal? I have to manually go in and change my contribution to prevent them from going above 5%.

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