Residents Retirement Plan Information
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Residents – Retirement
Employer Match
Greg Ziff
Director, Total Rewards – COE, SHC
Margaret Wilson
My Rewards Principal, SHC
January 1, 2022, plan
enhancements include:
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Immediate Vesting of your deferrals
Eligible to participate and contribute pre-tax upon hire
Basic and Match commence 1
st
pay period after the waiting period has been met
1.
Waiting period for eligibility for Hospital Contributions: Complete one year of service in which you
worked at least 1000 hours
Access to on–site Fidelity Retirement Planners
Ability to contribute both pre-tax and after tax to your Retirement account at Fidelity (our
plan does not offer a Roth option)
Daily zoom Q&A session during December with Haiau Ho Nguyen from Fidelity
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https://fmr.zoom.us/webinar/register/WN_dkDXEPsGQdu9jwKAZdXIRw
To change contribution rate or enroll go to NetBenefits app (available for download from
the App store) or log in to netbenefits.com/shclpch
Submit question using AskHR: https://stanfordhc.service-now.com/hr
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The Residents Retirement Plan offers employer matching contributions, immediate vesting of deferrals, access to retirement planners, and more. Plan enhancements starting January 1, 2022, include a basic employer contribution and the ability to contribute pre-tax. Details can be found in the plan highlights and retirement resources sections.
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Presentation Transcript
Residents Retirement Employer Match Greg Ziff Director, Total Rewards COE, SHC Margaret Wilson My Rewards Principal, SHC
Residents January 1, 2022, plan enhancements include: Basic Employer Contribution of 2% will be deposited into your Fidelity account Matching Employer Contribution up to 2% will also be deposited into your Fidelity account 2 Confidential For Discussion Purposes Only
Residents Plan Highlights Immediate Vesting of your deferrals Eligible to participate and contribute pre-tax upon hire Basic and Match commence 1st pay period after the waiting period has been met 1. Waiting period for eligibility for Hospital Contributions: Complete one year of service in which you worked at least 1000 hours Access to on site Fidelity Retirement Planners Ability to contribute both pre-tax and after tax to your Retirement account at Fidelity (our plan does not offer a Roth option) Daily zoom Q&A session during December with Haiau Ho Nguyen from Fidelity https://fmr.zoom.us/webinar/register/WN_dkDXEPsGQdu9jwKAZdXIRw To change contribution rate or enroll go to NetBenefits app (available for download from the App store) or log in to netbenefits.com/shclpch Submit question using AskHR: https://stanfordhc.service-now.com/hr Confidential For Discussion Purposes Only 3
Residents Retirement Resources Confidential For Discussion Purposes Only 4
