Eligible employees may enroll in the UWRP at any time during their first two years of eligibility with the UW. If you have not enrolled in the UWRP by the end of your two-year eligibility anniversary, you will automatically be enrolled in the plan with your contributions going to a Vanguard Target Retirement Fund, which is the default investment for the UWRP.

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.

When you enroll in the Plan on NetBenefits, you may choose where to invest your contributions and with which provider. Your contribution amount is determined by your age, but you direct how the money gets invested. If you wish to contribute more than your UWRP contribution, you may supplement your UWRP savings by enrolling in the Voluntary Investment Program (VIP).

When you enroll, you will be asked to identify your beneficiary or beneficiaries who will inherit your account in the event of your death. You can update this information anytime by logging into NetBenefits.

Contributions to the UWRP are comprised of your contribution and UW's contribution, according to various age ranges:

• Under age 35 - your contribution is 5%, UW will contribute 5%, giving you a total UWRP contribution of 10%

• Age 35+ - your contribution is 7.5%, UW will contribute 7.5%, giving you a total UWRP contribution of 15%

• Age 50+ (optional) - your contribution is 10%, UW will contribute 10%, giving you a total UWRP contribution of 20%

When you are "vested" in your savings, it effectively means the money is yours to keep. You are always 100% vested in all contributions to the UWRP, as well as any earnings on them.

Your beneficiary or beneficiaries will inherit your account in the event of your death. You should consider identifying a beneficiary when you enroll in your plan, and updating the information if you experience a life-changing event such as a marriage, divorce, birth of a child, or death in the family.

If you have an account with Fidelity, login to Fidelity NetBenefits^®, click the 'Profile & Settings' icon at the top of the page, followed by the Beneficiaries button, and follow the instructions.

For TIAA accounts, call 800-842-2252 or go to TIAA.org/Washington.

Loans are not available in this Plan.

If your employment at the UW ends, you keep all of the accumulations in your UWRP, including the UW matching funds. You can contact Fidelity directly if you wish to roll your savings into another retirement plan or Individual Retirement Account (IRA). If you maintain your UWRP account after separation from service, you will have the same investment options as all retirees who actively participate in the UWRP. However only those retiring from active service in a UWRP-eligible appointment are considered to be retirees of the UW, with rights and privileges of UWRP retirement.

To access funds upon ending UW employment:

1. You must be separated from an eligible position and no longer receiving ANY wages from the UW, except as explained below in number 2.
2. If you are receiving retirement benefits from any other Washington state plan, contact the plan for terms and restrictions on re-employment. These rules apply to any request for distribution from the UWRP, regardless of whether money is rolled to another retirement plan or IRA, or any other distribution is made. Contact Fidelity directly to roll your savings into another retirement plan or Individual Retirement Account (IRA).

For more information, call the Fidelity Retirement Benefits Line at 800-343-0860.

If you have an account with TIAA, you can call 800-842-2252.

Loans are not available in the UWRP.

If you have retirement savings in another employer's plan or in an IRA, consolidating accounts may help make it easier to manage your savings but there are several options. Be sure to consider all your available options and the applicable fees and features of each before moving your retirement assets.

If you're not sure about the best option for you, talk to a Fidelity or TIAA representative today. They can explain each option in greater detail so you can make the best choice for your specific needs.

Online, on the phone, or in person, you have access to your account the way you want it. Log in to NetBenefits^® at www.NetBenefits.com virtually 24/7 or call Fidelity at 800-343-0860 to speak with a representative.

For TIAA accounts, call 800-842-2252 or go to TIAA.org/Washington.

Now is a great time to schedule an appointment to discuss your goals for retirement.

For confidential consultations with Fidelity, call 800-642-7131 or visit www.fidelity.com/schedule.

For confidential consultations with TIAA, call 800-732-8353 or go to TIAA.org/Washington.