This article provides information on 401(k) automatic enrollment for RFT and RPT associates along with how you can change/cancel the enrollment.

The Exchange wants you to be financially prepared for retirement, whether that’s in a couple of years or many years down the road. We want you to be able to retire on your terms and we know that saving for retirement on your own can be a challenge. That is why the Exchange offers the 401(k) Retirement Savings Plan in addition to our traditional pension plan. 

The Exchange has a 401(k) Automatic Enrollment process for all newly hired and rehired regular full-time (RFT) and regular part-time (RPT) associates. 

The details of the 401(k) Automatic Enrollment program are as follows:

  • Newly hired or rehired associates will be automatically enrolled in the 401(k) Retirement Savings Plan after a 30 day waiting period.
  • If the associate does nothing, they will automatically be enrolled with the default election of 3% of base pay going to the appropriate Fidelity Freedom Fund based upon the associate’s age.
  • An associate can decline the automatic enrollment or they may modify the contribution percentage and investment elections within the 30 day period. 
  • In addition, associates can change their contribution election and investment selections at any time after the 30 day period.
  • Fidelity will send several communications to the newly hired associates within the 30 day waiting period before the automatic enrollment will occur in order to give the associate time to change or decline the default elections. 



Employees can opt out of the automatic enrollment by calling Fidelity at 1-800-835-5098 or going online and reducing their contribution rate to 0%.

(An associate going to for the first time, should click on “Register Now” under the Log In box to set up a Username and Password.

To change contribution rates: after logging in, click on AAFES 401(K) PLAN, click on “Contribution Amount” and on the next screen, click on “Contribution Amount” again.

Contributions already made into the plan can be taken out with a loan or withdrawal. The minimum withdrawal is $500 and you must prove a financial hardship.  It will be taxed and  include a 10% penalty.