You have been enrolled in the YNHH Matching TSA 403(b) Plan at a rate of 2% of your pretax eligible pay. Your contributions and your employer's contributions will begin 60 days following your date of hire and will be invested in a Fidelity Freedom^® Fund Class K based on your target retirement date, assuming retirement at age 65, and directed by the Plan sponsor. You may, however, call Fidelity at 1-800-343-0860, to enroll sooner or change your contribution amount to zero percent (0%) to opt out within the 60-day period. This can also be done online.

You can also increase your contribution amount at any time by contacting Fidelity.

After 60 days of service, YNHH will begin making contributions to your account. You must be making contributions each pay period to receive matching contributions.

Your enrollment generally becomes effective upon the first payroll period that occurs 60 days after your date of hire.

Through automatic payroll deduction, you may contribute up to 85% of your eligible pay, pretax or Roth, up to the annual IRS limit. If you will be at least age 50 during the year, your plan may allow you to defer an additional $7,500 as catch-up contributions. Starting in 2025, the SECURE 2.0 Act increases the catch-up limit to $11,250 if you have attained age 60, 61, 62, or 63 in a given calendar year.

You can request to change your contribution amount daily by accessing your account through Fidelity NetBenefits^®, or call 1-800-343-0860 between 8:30 a.m. and midnight Eastern time, Monday through Friday, to access the automated voice response system.
In addition, you can automatically increase your YNHH Matching TSA 403(b) Plan contributions each year through the Annual Increase Program. Sign up online by accessing the “Contribution Amount” section on NetBenefits^®, or by calling the Fidelity Representatives at 1-800-343-0860. Annual additions to the Plan (your contributions and company contributions combined) may not exceed IRS annual limits.

A Roth contribution to your retirement savings plan allows you to make after-tax contributions and take any associated earnings completely tax free at retirement - as long as the distribution is a qualified one. A qualified distribution, in this case, is one that is taken at least five tax years after your first Roth contribution and after you have attained age 59½, or become disabled or die.

Find more information online within the "Plan & Learn" drop down and "Learn" section of NetBenefits^®.

If you have reached age 50 or will reach 50 during the calendar year January 1 – December 31 and are making the maximum plan or IRS contribution, you may make an additional catch-up contribution each pay period. The maximum annual catch-up contribution is $7,500. Going forward, catch-up contribution limits will be subject to cost-of-living adjustments (COLAs) in $500 increments.

Starting in 2025, the SECURE 2.0 Act increases the limit for you if you have attained age 60, 61, 62, or 63 in a given calendar year. The limit for 2025 is $11,250.

You make catch-up contributions through payroll deduction, the same way you make regular contributions.

If you have 15 years or more of work experience with your current employer and have contributed less than $5,000 a year, on average, to your retirement savings plan, you may be able to make additional "catch-up" contributions to your plan, allowing you to contribute up to a maximum of $3,000 per year, up to a maximum lifetime benefit of $15,000.

The IRS contribution limit for 2025 is $23,500.

If you are making pretax or Roth contributions, you are eligible to receive employer matching contributions right away.

Employee Contribution	Employer Match
1% of biweekly base pay	1.00%
2% of biweekly base pay	1.50%
3% of biweekly base pay	2.00%
4% of biweekly base pay	2.50%
5% or more of biweekly base pay	3.00%

You must be making pretax or Roth contributions to receive matching contributions.

You are always 100% vested in your contributions to the YNHH Matching TSA 403(b) Plan, as well as any earnings on them. Your Employer's matching contributions and any earnings vest according to the following schedule:

Years of Service	Percent
1	0%
2	20%
3	50%
4	75%
5 or more	100%

You earn one year of vesting service for each plan year in which you complete 1,000 hours of service. You earn credit for vesting whether or not you participate in the TSA. If you leave before you vest in your employer's matching contributions, you forfeit any non-vested contributions. Forfeitures are used to reduce your employer's future contributions to the Plan.

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
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.

Note: Your automatic 2% contribution will be defaulted to a Fidelity Freedom^® Fund Class K that matches your estimated target retirement date. Your estimated retirement date is based on your date of birth and an assumed age of 65 in the year you retire as determined by your Plan Sponsor. We encourage you to take an active role in the Plan and choose investment options that are appropriate for you.

We encourage you to take an active role in the YNHH Matching TSA 403(b) Plan and choose investment options that best suit your goals, time horizon, and risk tolerance. If you do not select specific investment options in the Plan, your contributions will be invested in the Fidelity Freedom^® Fund Class K with the target retirement date closest to the year you might retire, based on your current age and assuming a retirement age of 65, at the direction of Yale New Haven Health System.

If no date of birth or an invalid date of birth is on file at Fidelity, your contributions may be invested in the Fidelity Freedom^® Income Fund Class K. More information about the Fidelity Freedom^® Fund Class K options 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.

An annuity is issued by an insurance company and purchased by a consumer for long-term investing. There are various fees and expenses associated with annuities, and in certain situations withdrawal penalties may be applicable. An annuity is not a mutual fund. There are two types of annuities, variable and fixed.

Fidelity’s online planning tools are designed to help you manage your assets as you plan for retirement.

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 Fidelity Representatives at 1-800-343-0860.

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

Learn more about and/or request a withdrawal online, or by calling the Fidelity Representatives at 1-800-343-0860.

You are permitted to roll over eligible pretax and after-tax contributions from another 401(k) plan, Roth 401(k) plan, 401(a) plan, 403(b) plan, Roth 403(b) plan account or eligible pretax contributions from certain conduit IRAs. A conduit IRA is one that contains only money rolled over from an employer-sponsored retirement plan that has not been mixed with regular IRA contributions.

Additional information can be obtained online, or by calling the Fidelity Representatives at 1-800-343-0860.

Be sure to consider all your available options and the applicable fees and features of each before moving your retirement assets.

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.