Automatic Annual Increase Program

You can set a schedule to increase your contribution percentage annually. An annual increase to your contribution – even a small one – may have a big impact on your savings. All you have to do is pick the amount and date of your increase. An annual increase of 1% or 2% each year to coincide with your annual review could make a big difference in your savings. Remember, you can change your options at any time.

Follow these instructions to locate the Auto Increase option on the Fidelity website:

• Navigate to the Fidelity Home Tab
• Click on your University Hospitals account under Savings Plans
• On your Summary page, click on Contribution Amount on the left toolbar
• Click on Annual Increase Program and make your election

Click here to schedule an auto increase.

Automatic Rebalance

If you have more than one fund allocation, your account is rebalanced periodically to ensure that your investments stay consistent with the strategy you’ve chosen. Simply identify an initial investment combination and adjust your account to that mix. You’ll receive email alerts any time your account’s investment mix strays from your original specification. You decide whether to rebalance and you can take action immediately by clicking the link delivered with the email alert.

• Navigate to the Fidelity Home Tab
• Click on your University Hospitals account under Savings Plans
• On your Summary page, click on Change Investments
• Click on Rebalance
• Click on Start your Rebalance
• Select your source

You will first be asked to determine the percentage allocation for all your funds. Once completed, click Next and follow the additional instructions to enroll.

Click here to learn more.

Later this year, look for information about the revised lineup of investment fund options designed to streamline and simplify your retirement planning.