The Hartford 2008 Annual Report Download - page 780

(F) “Round Trip” Transaction limit. To prevent excessive trading, a Member or Deferred Member will be restricted
on “round trip transactions” between any Hartford HLS mutual funds. A roundtrip transaction occurs when a Member
exchanges in and then out of an investment fund option within 30 days. Exchanges do not include systematic
contributions or withdrawals (i.e., regular contributions, loan payments, hardship withdrawals), only exchanges greater
than $1,000 that the Member initiates.
Members are limited to one roundtrip transaction per HLS fund within any rolling 90-day period, subject to an overall
limit of four roundtrip transactions across all HLS funds over a rolling 12-month period. If a Member has two or more
roundtrip transactions in a single fund within a rolling 90- day period, he or she will be blocked from making additional
purchases of the fund for 85 days. If a Member has four or more roundtrip transactions across all funds during any
rolling 12-month period, he or she will be limited to one exchange day per calendar quarter for a one-year period.
(G) Rebalancing of Investment Funds. The Plan Administrator may provide Members with the option of rebalancing
their investment allocation between Investment Funds, either periodically or at the Member’s election. Such
rebalancing is subject to the restrictions described in Sections 8.3(C) and (E).
(H) Default Investment Funds. The applicable Default Vanguard Target Retirement Fund is as follows, depending
upon the Member’s or Deferred Member’s date of birth:
Member’s or Deferred
Member’s Date of Birth Default Target Retirement Fund
Prior to 1940 Vanguard Target Retirement Income Fund
1940 through 1944 Vanguard Target Retirement 2005 Fund
1945 through 1954 Vanguard Target Retirement 2015 Fund
1955 through 1964 Vanguard Target Retirement 2025 Fund
1965 through 1974 Vanguard Target Retirement 2035 Fund
1975 or later Vanguard Target Retirement 2045 Fund
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Source: HARTFORD FINANCIAL S, 10-K, February 12, 2009