Page 26 - Ches User's Guide 2018 v1.4
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401(k) Plan (continued)
Investing to Make More Money
You choose how to invest your account IRS rules allow you to get money out
among several investment options of your account while working at the
described in the materials provided by company if you:
the company’s 401(k) administrator,
n Borrow from your account (if you
Fidelity Investments. are eligible) and pay back into
You can change your investment your account with interest through
options or your beneficiaries at any time payroll deductions.
via the Fidelity Investments call center
n Make hardship withdrawals for
at 800-835-5095 or online at IRS-defined emergencies.
NetBenefits.com.
When you leave or retire:
Nearly all investments have risks. They
n The entire value of your contributions,
can go down as well as up in value. plus vested company contributions, is
Generally, the more the investment is payable when you leave the company,
intended for higher, long-term gains retire, become disabled or die.
(over several years), the more likely its
value will change in the short-term (a n You may be able to delay current
few days or years). Selecting a mixture income taxes and avoid IRS penalties
of investments, called diversification, by leaving your account in the program
is a well-accepted principle of reducing or rolling it to another IRS-qualified
investment risk. retirement program or Individual
Retirement Account (IRA).
24 2018 ToTAl ReWARdS GUIde
