Participation
Overview
If you are an eligible Employee, you may begin participating in the Plan as soon as administratively possible following your completion of a 401(k) Enrollment / Contribution Change Form.
Form to Elect 401(k) Retirement Contributions
Learn MoreSavings Highlights & Contribution Limits
Overview
You may contribute to the Plan, up to a specified per hour amount as pre-tax and/or Roth contributions, in accordance to limits set by the Federal tax laws.
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Overview
At the time you turn age 59 ½ years, or 6 months after you stop working in covered employment and, following receipt of your application for benefits, your account balance will be paid in a single-sum payment as soon as administratively possible.
Learn MoreWithdrawal Rules
Overview
Retirement
The Account of a Participant who is (was) a Non-Collectively Bargained Employee shall become distributable once the Participant has a separation of employment with the Employer (including separation due to retirement, Disability or death).
Loans
The Plan allows you to borrow against the value of your account balance. It’s a way for you to borrow your own money.
Hardship
Under the Plan, you are permitted to withdraw a portion of your account if you experience certain financial hardships.
John Hancock Account Maintenance
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