Funding Method: Funding Files
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PSW allows you to select the payment method(s) for funding the contributions you sent to Fidelity.
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5:54
PSW allows you to select the payment method(s) for funding the contributions you sent to Fidelity.
You will receive participant error files in PSW when the data on the participant file does not match the data that is already in PSW.
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See the steps to establish an automatic debit account; an account that is a sponsor bank account for which Fidelity has been authorized to initiate electronic debits for the purpose of funding contributions, loan repayments, and other plan payments.
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Hours based vesting and eligibility is a method of determining a year of service by tracking actual hours worked.
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How to load New Hires and Modify Existing employee’s via file upload on PSW.
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Steps to help plan sponsors determine if submitting contribution and loan data via spreadsheet is the most convenient option.
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Contribution and loan errors generate after loading the file if the data submitted doesn’t match or work with the services the plan offers.
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For Plan Sponsor Use Only
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