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  1. RetirePathVA
  2. Employer
  3. Frequently Asked Questions
  4. Saver FAQs

Will my savings rate automatically increase?

Automatic escalation is a standard feature of RetirePath Virginia. After your account is open more than 180 days, your savings rate will increase by 1% each January 1. This rate will increase each year until you’re saving 10% of your total pay. You can opt out of auto escalation at any time.

Articles in this section

  • My quarterly statements aren't available yet. How can I see my recent activity?
  • What do I do if additional information is needed to open my account?
  • Can I take money out of my RetirePath Virginia account?
  • What happens to my RetirePath Virginia account when I change jobs or move?
  • What is a Target Retirement Date Fund?
  • How do I make changes to my RetirePath Virginia account?
  • What are the default investment selections?
  • Will my savings rate automatically increase?
  • What is the default savings rate?
  • Is there a fee to participate in RetirePath Virginia?
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