Funding Contributions from Multiple Bank Accounts

Updated by Richard Phillips, EA, AIFA, CPC, CPFA, QPA, QKA

Some employees are paid from different bank accounts than others. Can we have retirement plan contributions drafted from multiple bank accounts as well?

Yes! We can associate your employees into different groups and assign each group a different bank account. We'll need to initially know which employees to associate with each group to get everything set up.

Ongoing Maintenance

To help keep things running smoothly when new employees are hired or if they need to change payroll groups, please submit the group or division name for each employee on your contribution files that you submit to us each pay period.


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