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Huntington Ingalls Industries Savings Plan ... - Benefits Connect

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<strong>Huntington</strong> <strong>Ingalls</strong> <strong>Industries</strong><br />

<strong>Savings</strong> <strong>Plan</strong> SPD<br />

March 2011<br />

• Unpaid leaves of absence: If you are granted an unpaid leave of absence, you are<br />

considered an inactive participant, which means you will not be allowed to make<br />

contributions to the <strong>Savings</strong> <strong>Plan</strong>. You will remain on inactive status until you return to<br />

work. If you have a loan, see the ―If You Have an Outstanding Loan While on a Leave<br />

of Absence‖ section for more information.<br />

• Your payroll system: If your payroll system does not support the processing of Roth<br />

401(k) contributions, you will not be allowed to make Roth 401(k) contributions to the<br />

<strong>Plan</strong>.<br />

14

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