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A convenient feature of the Farm Credit Foundations Defined Contribution/401(k) Plan is automatic rebalancing. This one-time election automatically brings your investment mix back to your original asset allocation strategy.
Over time, differences in investment performance may shift your account away from your desired asset allocation strategy. The automatic rebalancing feature lets you choose a rebalancing period of three, six or 12 months. Once you enroll, your existing account balances and future contributions will be automatically rebalanced in line with your desired asset allocation at the frequency you elect. You can revoke your enrollment in auto-rebalancing at anytime. Even if you use auto-rebalancing, you may consider changing your desired asset allocation as you get closer to retirement.
To enroll in the program online 24 hours a day, seven days a week, go to
mylife.jhrps.com. From the menu click on "View/Change Investments". You will find your current investments, their values and percentage of your investment mix. You may also call the John Hancock Participant Service Center at 1-800-294-3575 from 8 a.m. to 10 p.m. Eastern time on New York Stock Exchange business days.