YOUR GUIDE TO GETTING STARTED - s13540.pcdn.co

1 YOUR GUIDE TO GETTING STARTEDR ochester Regional Health403(b) Defined Contribution PlanInvest in your retirement and yourself today, with help fromthe Rochester Regional Health 403(b) Defined ContributionPlan and some of what you earn today for what you plan toaccomplish Employee:It s a pleasure to provide you with information about the Rochester Regional Health 403(b) DefinedContribution Plan. Take a look and see what a difference the Plan could make in achievingyour from: Convenience. Your contributions are automatically deducted regularly from your savings now. Your pretax contributions are deducted from your pay before income taxes aretaken out. This means that you can actually lower the amount of current income taxes you payeach savings opportunities. You pay no taxes on any earnings until you withdraw themfrom your account, enabling you to keep more of your money working for you You can roll over eligible savings from a previous employer into this Plan.

2 You can alsotake your plan vested account balance with you if you leave the options. You have the flexibility to select from investment options that range frommore conservative to more aggressive, making it easy for you to develop a well-diversifiedinvestment annual increases. Save a little more each year, the easy way the Annual IncreaseProgram automatically increases your contribution each beneficiary. With Fidelity s Online Beneficiaries Service, you can designate yourbeneficiaries, receive instant online confirmation, and check your beneficiary information virtuallyany contributions. If you make the maximum contribution to your plan account, and you are50 years of age or older during the calendar year, you can make an additional catch-up contribution of $6,000 in learn more about what your plan offers, see Frequently asked questions about your plan inthis in your plan and invest in yourself asked questions about your are answers to questions you may have about the key features, benefits, and rules of your can I enroll in the Plan?

3 You can enroll anytime after you you have not enrolled in the Plan within 60days from your eligibility date, you will beautomatically enrolled in the Plan at acontribution rate of 3% of your pretax eligibleearnings. Your contributions will be invested inthe Vanguard Institutional Target retirement -Institutional Shares. We encourage you to takean active role in the Plan and to choose acontribution rate and investment options thatare appropriate for you. If you do not wish tocontribute to the Plan, you must change yourcontribution rate to 0% within the first 60calendar days. You may change yourcontribution rate at any time by logging on toFidelity NetBenefits , or by calling theFidelity retirement Benefits Line do I enroll in the Plan?Log on to Fidelity NetBenefits or call the FidelityRetirement Benefits Line at 1-800-343-0860 toenroll in the much can I contribute?Through automatic payroll deduction, you maycontribute between 1% and 80% of youreligible pay on a pretax basis.

4 In addition, youcan elect to automatically increase yourretirement savings plan contributions each yearthrough the Annual Increase Program. You cansign up by logging on to Fidelity NetBenefits at and clicking"Contribution Amount" or by calling theFidelity retirement Benefits Line is the IRS contribution limit?The IRS contribution limit for 2018 is $18, is my enrollment effective?Your enrollment becomes effective once youelect a deferral percentage, or allow the 3%automatic enrollment, initiating contributionsfrom your pay. These salary deductions willgenerally begin with your next pay period afterwe receive your election, or as soon asadministratively do I designate my beneficiary?If you have not already selected yourbeneficiaries, or if you have experienced a life-changing event such as a marriage, divorce,birth of a child, or a death in the family, it s timeto consider your beneficiary s Online Beneficiaries Service, availablethrough Fidelity NetBenefits , offers astraightforward, convenient process that takesjust minutes.

5 Simply log on to FidelityNetBenefits at andclick on the Profile link, then select Beneficiaries and follow the onlineinstructions. If you do not have access to theInternet or prefer to complete your beneficiaryinformation by paper form, please call theFidelity retirement Benefits Line are my investment options?To help you meet your investment goals, thePlan offers you a range of options. You canselect a mix of investment options that bestsuit your goals, time horizon, and risktolerance. The various investment options1 FAQsavailable through the Plan includeconservative, moderately conservative, andaggressive funds. A complete description ofthe Plan s investment options and theirperformance, as well as planning tools to helpyou choose an appropriate mix, are availableonline at Fidelity NetBenefits .What if I don t make an investmentelection?We encourage you to take an active role in theRochester Regional Health 403(b) DefinedContribution Plan and choose investmentoptions that best suit your goals, time horizon,and risk tolerance.

6 If you do not select specificinvestment options in the Plan, yourcontributions will be invested in the targetretirement date fund closest to the year youmight retire, based on your current age andassuming a retirement age of 65, at thedirection of Rochester Regional Health. Pleaserefer to the chart in the Investment Optionssection for more no date of birth or an invalid date of birth ison file at Fidelity, your contributions may beinvested in the Vanguard Institutional TargetRetirement Income Fund Institutional more information about the options, logon to Fidelity NetBenefits "catch-up" contribution can I make?If you have reached age 50 or will reach 50during the calendar year January 1 December 31 and are making the maximumplan or IRS pretax contribution, you areallowed to contribute an additional $6,000annually as a "catch-up" contribution. Goingforward, catch-up contribution limits will besubject to cost of living adjustments (COLAs) in$500 am I vested?You are always 100% vested in your owncontributions to the Rochester Regional Health403(b) Defined Contribution matching contributions, ifapplicable, may be subject to a vestingschedule.

7 For information on employermatching contributions, please review yourplan s Summary Plan Description I take a loan from my account?Although your plan account is intended for thefuture, you may borrow from your account forany learn more about or to request a loan, logon to Fidelity NetBenefits or call the FidelityRetirement Benefits Line at I make withdrawals from my account?Withdrawals from the Plan are generallypermitted when you terminate youremployment, retire, reach age 59 , or have asevere financial hardship, as defined by learn more about or to request awithdrawal, log on to Fidelity NetBenefits or call the FidelityRetirement Benefits Line at I move money from another retirementplan into my account in the RochesterRegional Health 403(b) DefinedContribution Plan?You are permitted to roll over eligible pretaxcontributions from another 401(k) plan, 403(b)plan, or a governmental 457(b) retirement planaccount or eligible pretax contributions fromconduit individual retirement accounts (IRAs).

8 Aconduit IRA is one that contains only moneyrolled over from an employer-sponsoredretirement plan that has not been mixed withregular IRA the Fidelity retirement Benefits Line at1-800-343-0860 or log on to FidelityNetBenefits at sure to consider all your availableoptions and the applicable fees and featuresof each before moving your do I access my account?You can access your account online throughFidelity NetBenefits or call the FidelityRetirement Benefits Line at 1-800-343-0860 tospeak with a representative or use theautomated voice response system, virtually 24hours, 7 days a can I find information about otherplan features?You can learn about loans, exchanges, andmore online through Fidelity NetBenefits In addition, you canaccess loan modeling tools that illustrate thepotential impact of a loan on the long-termgrowth of your account. You will also find awithdrawal modeling tool, which shows theamount of federal income taxes and earlywithdrawal penalties you might pay, along withthe amount of earnings you could potentiallylose by taking a can also obtain more information aboutloans, withdrawals, and other plan features bycalling the Fidelity retirement Benefits Line at1-800-343-0860 to speak with a representativeor use the automated voice response system,virtually 24 hours, 7 days a OptionsInvestment OptionsHere is a list of investment options for the Rochester Regional Health403(b) Defined Contribution Plan.

9 For up-to-date performance informationand other fund specifics, go to 1: Target Date FundsPlacement of investment options within each risk spectrum is only in relation to the investment options within that specific spectrum. Placement does not reflect risk relative to the investmentoptions shown in the other risk to the left have potentiallymore inflation risk and less investment riskptions to the right have potentially less inflation risk and more investment riskInvestment oInvestment oVanguard Institutional Target RetirementIncome Fund Institutional SharesVanguard Institutional Target Retirement2015 Fund Institutional SharesVanguard Institutional Target Retirement2020 Fund Institutional SharesVanguard Institutional Target Retirement2025 Fund Institutional SharesVanguard Institutional Target Retirement2030 Fund Institutional SharesVanguard Institutional Target Retirement2035 Fund Institutional SharesVanguard Institutional Target Retirement2040 Fund Institutional SharesVanguard Institutional Target Retirement2045 Fund Institutional SharesVanguard Institutional Target Retirement2050 Fund Institutional SharesVanguard Institutional Target Retirement2055 Fund Institutional SharesVanguard

10 Institutional Target Retirement2060 Fund Institutional SharesTarget date investments are generally designed for investors expecting to retire around the year indicated in each investment sname. The investments are managed to gradually become more conservative over time. The investment risks of each target dateinvestment change over time as its asset allocation changes. They are subject to the volatility of the financial markets, includingequity and fixed income investments in the and abroad and may be subject to risks associated with investing in high yield, smallcap and foreign securities. Principal invested is not guaranteed at any time, including at or after their target OptionsThe chart below lists the assigned fund the Rochester Regional Health 403(b) Defined ContributionPlan believes will best fit your diversification needs should you not select an investment Birth Date*Fund NameTarget retirement YearsBefore 1948 Vanguard Institutional Target RetirementIncome Fund Institutional SharesRetired before 2013 January 1, 1948 - December 31, 1952 Vanguard Institutional Target retirement 2015 Fund Institutional SharesTarget Years 2013 - 2017 January 1, 1953 - December 31, 1957 Vanguard Institutional Target retirement 2020 Fund Institutional SharesTarget Years 2018 - 2022 January 1, 1958 - December 31, 1962 Vanguard Institutional Target retirement 2025 Fund Institutional SharesTarget Years 2023 - 2027 January 1, 1963 - December 31, 1967 Vanguard Institutional Target retirement 2030 Fund Institutional SharesTarget Years 2028 - 2032 January 1, 1968 - December 31, 1972 Vanguard Institutional Target retirement 2035 Fund Institutional SharesTarget Years 2033 - 2037 January 1, 1973 - December 31.