Page 34 - Harvard Maintenance Corporate 2022 Benefits Guide
P. 34
Calendar Year 2022
Benefits Enrollment
What if I Need to Access My Account Before I
Visit 401k.com or Retire?
download the Fidelity
NetBeneits app to The government allows you to withdraw your funds early in the
access your account event of a inancial hardship as deined by law. However, you
anytime! Login with may have to pay an early withdrawal penalty and taxes on your
your username and withdrawal amount .
password or click Another way to access your funds before retirement is to take
“Register as a new out a 401(k) loan . The minimum loan amount is $1,000 and the
user” to get started! maximum is $50,000 reduced by any previous loans taken within
the last 12 months . Loans are limited to 50% of your vested
account balance . You may take only one loan in a plan year
and have only one loan outstanding at a time . All payments of
principal and interest, which are made through payroll deduction,
are credited back to your 401(k) account .
Where Can I Get More 401(k) Information?
For more information, go to www.401k.com or call
800.835.5095 . To speak with a Fidelity customer service
representative, you will need to provide your Social Security
number and full name . For more details on the plan, refer to
the Summary Plan Description (SPD) available through the
Fidelity website .
34
Benefits Enrollment
What if I Need to Access My Account Before I
Visit 401k.com or Retire?
download the Fidelity
NetBeneits app to The government allows you to withdraw your funds early in the
access your account event of a inancial hardship as deined by law. However, you
anytime! Login with may have to pay an early withdrawal penalty and taxes on your
your username and withdrawal amount .
password or click Another way to access your funds before retirement is to take
“Register as a new out a 401(k) loan . The minimum loan amount is $1,000 and the
user” to get started! maximum is $50,000 reduced by any previous loans taken within
the last 12 months . Loans are limited to 50% of your vested
account balance . You may take only one loan in a plan year
and have only one loan outstanding at a time . All payments of
principal and interest, which are made through payroll deduction,
are credited back to your 401(k) account .
Where Can I Get More 401(k) Information?
For more information, go to www.401k.com or call
800.835.5095 . To speak with a Fidelity customer service
representative, you will need to provide your Social Security
number and full name . For more details on the plan, refer to
the Summary Plan Description (SPD) available through the
Fidelity website .
34
