Seth Meyers engaged to Alexi Ashe

"Saturday Night Live" star Seth Meyers is engaged.

The funnyman recently proposed to longtime girlfriend Alexi Ashe, a rep for the couple confirmed to Us Weekly.

"He's very excited for the next phase of his life," a source told the magazine. "He's known that she's The One for awhile, but it was all about timing."

Meyers, 39, and Ashe, a human rights lawyer, met at a wedding and have been dating for several years.

Last September, Meyers told Elle that an engagement was on the horizon.

"I do see that in my future," he said. "When in my future -- that's less clear. But I do see it."

The engagement isn't the only big change happening for Meyers. He'll take over as host of NBC's "Late Night" next year.