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Main Line Health Retirement Savings Plan (403b)

The Main Line Health Retirement Savings Plan is designed to supplement your pension plan to help you save easier for a comfortable and secure future. Four percent of your pre-tax pay will be contributed to the mutual fund you select. By contributing 4% of your pay to the plan you will be taking full advantage of Main Line Health's employer match which is 1% of your pay on the first 4 % you contribute. If you choose not to participate you are foregoing this additional income made available to you by Main Line Health. Know, however, that these funds are for retirement savings and withdrawals are easily available only after you retire and severely limited by IRS regulations before you leave employment.

New Employees
As a new employee, you will receive an enrollment kit in the mail shortly after your start date. Read the materials and select the fund in which you want to invest. You will be automatically enrolled in the Target Fund with Vanguard appropriate for your age group on your first day of employment. Each pay, 4% of your pre-tax pay will be automatically contributed to the plan.
You can change the amount you are contributing at any time. If you wish to opt out of the plan and not begin contributing right away, you must contact Vanguard within 30 days of your date of hire at 1-800-523-1188 or online at www.vanguard.com. Remember that to take full advantage of the match, you must contribute 4% of your pay to the plan, but you can contribute less.

Current Employees
If you are not currently participating in the Main Line Health Retirement Savings Plan, it's easy to enroll. Decide on your contribution percentage, One Step election (see below), investment mix, and investment options. When you're ready, you may enroll at www.vanguard.com or by calling Vanguard at 1-800-523-1188. To enroll online, you will need your plan number (090015). Vanguard associates are ready to help you Monday through Friday from 8:30 a.m. to 9 p.m., Eastern time.

One Step Increases
Now, thanks to a convenient feature of the Main Line Health Retirement Savings Plan, it's even easier to increase your savings-one small step at a time. It's called One Step and it's available to you when you participate through The Vanguard Group.
Each year One Step will automatically increase the amount you're contributing to the plan. You simply tell Vanguard to raise your contribution rate by a minimum of 1% to a maximum of 3% and One Step does the rest. It will increase your savings rate in whatever month you choose. It's easy to sign up for One Step online. After you log on at www.vanguard.com, look for the I Want To box on the right side of your employer plan account page, and then click Change My Payroll.

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