This article goes over how to update isolved with an employee's requested change to their current deferred compensation deferrals.
Navigate to the employee's Deferred Comp Benefit plans
![](https://static.helpjuice.com/helpjuice_production/uploads/upload/image/8325/direct/1688144237905-image.png)
In this example, the employee has a current deferral of 4%.
Add the new deferral election
- Click “Add New”
- Select the same “Benefit Type” and “Plan” as the existing deferred comp benefit plan
- Review the dates on this screen
- Set the Start Date to the desired start date of the new deferral change
- If the existing benefit plan is active, the participation and eligibility dates on the new plan will be inherited from the existing plan
- Enter the new deferral election in the “Employee Contribution” section
- Click “Save”
![](https://static.helpjuice.com/helpjuice_production/uploads/upload/image/8325/direct/1688145520973-image.png)
In this example, the employee is changing to a deferral of 20%.
Review the new deferral election
![](https://static.helpjuice.com/helpjuice_production/uploads/upload/image/8325/direct/1688146295395-image.png)
In this example, the top record shows the current election at 4% deferral.
The bottom record shows the new election at 20% deferral, starting 7/1/23.