WorkplaceXchange®The Defined Contribution (DC) Deferrals API provides plan eligibility status, retirement plan contribution data, and election modeling capabilities.
Benefits and Features
The DC Deferrals API provides participants with an efficient, streamlined experience, enabling them to quickly review and model their contribution elections.
How it works
This API retrieves plan eligibility for a given participant and plan-defined deferral rates. It can also provide hypothetical returns based upon a participant’s deferral selection.
Sample use cases
These examples show sample participant data from the DC Deferral API on a plan sponsor mobile app.
Reviewing plan eligibility status
In this use case, the participant can review eligibility status for individual retirement plans.
Reviewing elections
In this use case, the participant can review their contribution elections and plan sponsor match.
Modeling contributions and hypothetical returns
In this use case, the participant can model their contribution elections and review hypothetical returns.
