Plan was frozen to new enrollments and future contributions effective 1/1/2024. Participants with a balance in their 403(b) account may continue to manage their investment options, take loans or withdrawals and take distributions once eligible.

You are always 100% vested in your own contributions to the Inova Health System 403(b) Plan, as well as any earnings on them.

To help you meet your investment goals, the Plan offers you a range of options. You can select a mix of investment options that best suits your goals, time horizon, and risk tolerance. The many investment options available through the Plan include conservative, moderately conservative, and aggressive funds. A complete description of the Plan’s investment options and their performance, as well as planning tools to help you choose an appropriate mix, are available online.

We encourage you to take an active role in the Inova Health System 403(b) Plan and choose investment options that best suit your goals, time horizon, and risk tolerance. If you did not select specific investment options in the Plan, your contributions will be invested in the BlackRock LifePath^® Index Fund Class K Shares with the target retirement date closest to the year you might retire, based on your age at the initial enrollment and assuming a retirement age of 65, at the direction of Inova.

If no date of birth or an invalid date of birth is on file at Fidelity your contributions may be invested in the BlackRock LifePath^® Index Retirement Fund Class K Shares. More information about the BlackRock LifePath^® Index Fund Class K Shares can be found online.

Target Date Funds are an asset mix of stocks, bonds and other investments that automatically becomes more conservative as the fund approaches its target retirement date and beyond. Principal invested is not guaranteed.

Although your plan account is intended for the future, you may borrow from your account for any reason.

Learn more about and/or request a loan online, or by calling the Inova Retirement Service Center at 877-MYINOVA (877-694-6682).

Withdrawals from the Plan are generally permitted when you terminate your employment, retire, reach age 59½, or have a severe financial hardship, as defined by your plan.

Learn more about and/or request a withdrawal online, or by calling the Inova Retirement Service Center at 877-MYINOVA (877-694-6682).

If you have not already selected your beneficiaries, or if you have experienced a life-changing event such as a marriage, divorce, birth of a child, or a death in the family, it’s time to consider your beneficiary designations. Fidelity’s Online Beneficiaries Service, offers a straightforward, convenient process that takes just minutes. To make your elections, click on the “Profile & Settings” icon in the upper right-hand corner, then select “Beneficiaries” and follow the online instructions.