Retirement Savings Plan

Conduit Individual Retirement Account (IRA): A traditional IRA that holds only assets that were distributed from a qualified plan, such as a prior employer’s plan.

You can enroll in the plan and make all of your plan transactions through Fidelity’s NetBenefits website or contact Fidelity directly at 800-835-5091. Representatives are available to assist you from 8:30am to 8pm in your time zone on any business day the New York Stock Exchange (NYSE) is open.

You can instruct Fidelity to move a portion of your pre-tax account balance into a Roth conversion account. If you do so, you will be responsible to pay taxes on the amount that is converted. Reach out to your Fidelity representative directly at 800-835-5091 for more information.

Take advantage of retirement education available through Fidelity. 

Live or on-demand workshops. Get help setting short- and long-term goals, controlling debt, saving for college, managing student debt, creating wills and trusts, and much more.

Complimentary consultations. Meet with a Fidelity expert virtually, via phone or in person at your local Fidelity location.

• Roll over eligible amounts from another employer’s qualified retirement plan or from a Conduit Individual Retirement Account (IRA). Restrictions may apply.
• Choose from a broad selection of investment options.
• Sign up for the Annual Increase Program and automatically increase your contributions each year. Choose an annual increase of 1% or more, and your increase will become effective in July of each year. Even a small increase can help you reach your goals! You can change your selection at any time.
• Get access to your money before retirement if you need it (limitations and fees apply).
• Take a withdrawal in certain limited circumstances, such as hardship or when you reach age 59 ½. 
• View and update your beneficiary designation online at any time. 
• Take your vested account balance with you when you leave Hasbro. If your account balance is equal to or greater than $7,000, you can leave it in the plan and continue to direct the investment of your money until you take it out at a later date.

Take advantage of one of the two services to help maintain your investment mix and keep your investments in line with your goals: 

Automatic Account Rebalance: Annually rebalances your account to stay consistent with the investment strategy you’ve chosen. Simply identify an initial investment combination, adjust your account to that mix and let the service do the rest. 

Rebalance notification: Alerts you by email any time your account’s investment mix strays from your original specification. You can take action immediately to rebalance your account by clicking on a link within the email.

Both you and Hasbro contribute to Social Security, which provides a monthly benefit when you retire to supplement your other sources of retirement income.

• To cover the cost of Social Security, you and Hasbro pay equal taxes on your earnings.
• The amount of your benefit depends, in general, on your average monthly earnings covered by Social Security (FICA) taxes.
• Social Security benefits are not paid automatically. You must apply for benefits by contacting your local Social Security office.

Disability benefits, as well as survivor benefits, also may be available to you and your eligible family members.