Introducing: Quarterly company match auto diversification feature
We’re happy to introduce a way to automatically diversify the RTX ESOP matching contributions you receive from the company on a quarterly basis. Earlier this year, we announced that the company would begin investing company match contributions in the RTX Stock Fund for many employees. With this new feature, you’ll be able to automatically diversify your RTX ESOP matching contributions invested in the RTX Stock Fund according to your future investment elections within the RTX Savings Plan.
Three things to know
You will be able turn on the quarterly company match auto diversification feature beginning Dec. 19 on Your Gateway.
Once turned on, your RTX ESOP matching contributions will continue to be invested in the RTX Stock Fund as they are made, but once per calendar quarter, will be transferred to the Plan’s other investment options according to your investment elections. These transfers will occur in the middle of the second month of each calendar quarter. The first auto diversification transfer event will occur February 11, 2025.
Once turned on, the first auto diversification will occur on the first quarterly transfer date that is at least 30 consecutive days after you elected to turn on the feature and it will remain on until you turn it off.