If you are a brand new CSU participant simply enroll online by following these simple steps:

• Log on to http://enrollonline.fidelity.com
• Enter your New Plan ID: 50537
• Follow the step by step instructions

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 403(b) contribution and after you have attained age 59½, or become disabled or die. Through automatic payroll deduction, you can contribute as little as $15 designated as Roth contributions, up to the annual IRS dollar limits.

For more information please log on to NetBenefits^® at netbenefits.com/calstate and select "Library" from the home page.

Through automatic payroll deduction, you may contribute from $15 to $23,000 of your eligible monthly pay on a pretax basis, up to the annual IRS dollar limits.

Once you have enrolled, please visit NetBenefits^® at netbenefits.com/calstate or call Fidelity at 877-CSU-3699 (877-278-3699) to set up your contribution amount and investment elections.

There is a fixed dollar administrative fee of $40 per year ($10 per quarter). This flat quarterly administrative fee is assessed to any participant with a balance in the CSU 403(b) SRP investment options.

The IRS contribution limit for 2024 is $23,000.

Salary deduction changes (stop, start, increase and/or decrease) will be managed by the employee in NetBenefits. The cutoff date for you to make changes in NetBenefits is the 5th day of each month. The changes will generally be effective with your next pay period, or as soon as administratively possible.

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” link, then select “Beneficiaries” and follow the online instructions.

To help you meet your investment goals, the CSU 403(b) SRP 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 various investment options available through the CSU 403(b) SRP include conservative, moderately conservative, and aggressive funds. A complete description of the CSU 403(b) SRP's investment options and their performance, as well as planning tools to help you choose an appropriate mix, are available online at Fidelity NetBenefits^®.

If the idea of getting professional help to manage your investments appeals to you, your plan offers Target Date Funds. With Target Date Funds, the investment mix of stocks and bonds automatically becomes more conservative as the target retirement date approaches. Principal invested is not guaranteed at any time, including at or after the fund’s target date. Choose the fund that represents your anticipated year of retirement.

Fidelity^® Personalized Planning & Advice ("The Service")
Fidelity^® Personalized Planning & Advice is a retirement goal based managed account service with a team of portfolio managers who manage the investments in your workplace savings plan account. Based on your unique needs and goals, our team of professionals will create a plan that considers your total financial situation, put the plan into action, and work for you putting in the time, resources, and knowledge needed to keep you on track for retirement.

This includes:

• Regularly monitoring and rebalancing of your account through market up and downs
  
• Strategy refinement that supports you as your financial situation evolves
  
• Quarterly check-ins, which include your progress toward key milestones
  
• Personal planning dashboard that includes progress to retirement and other profile details

We encourage you to take an active role in the CSU 403(b) SRP 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 Vanguard Target Retirement Fund 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 CSU.

If no date of birth or an invalid date of birth is on file at Fidelity, your contributions may be invested in the Vanguard Target Retirement Income Fund. More information about the Vanguard Target Retirement Fund 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.

*CSU as the plan sponsor neither evaluates or monitors the investments available through Fidelity BrokerageLink^®.

If you have 15 years or more eligible CSU service and have contributed less than $5,000 a year, on average, to your retirement savings plan, you may be able to make additional "lifetime 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. Please note, in order to receive the maximum benefit from the age 50 and lifetime catch-up contributions, the "lifetime catch-up" limit for a calendar year ($3,000) must be used before the Age 50+ Catch-up is applied. Please consult your tax advisor for additional information.

You are always 100% vested in your own contributions to the CSU 403(b) SRP.

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

Participants can have only one outstanding loan at any time. To learn more about or request a loan, call the Fidelity Service Center Representative at 877-CSU-3699 (877-278-3699).

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

The taxable portion of your withdrawal that is eligible for rollover into an individual retirement account (IRA) or another employer’s retirement plan is subject to 20% mandatory federal income tax withholding, unless it is rolled directly over to an IRA or another employer plan. (You may owe more or less when you file your income taxes.) If you are under age 59½, the taxable portion of your withdrawal is also subject to a 10% early withdrawal penalty, unless you qualify for an exception to this rule.

If you have retirement savings in another employer's plan or in an IRA, you can generally bring it to the CSU 403(b) SRP. This helps make it easier to manager your savings and plan for your goals.

If you have funds with a legacy CSU 403(b) fund sponsor, you may be eligible to do an In-Service Contract Exchange in order to move those funds to your current 403(b) plan at Fidelity. Call a Fidelity Transfer Specialist at 800-248-4213 to learn more.

Note: You are permitted to roll over eligible pretax and Roth contributions from another 401(k) plan, 401(a) plan, 403(b) plan, governmental 457(b) retirement plan account, or eligible pretax contributions from conduit individual retirement accounts (rollover IRAs) and certain non-conduit individual retirement accounts (traditional IRAs, Simplified Employee Pension plans, and "SIMPLE" IRA distributions made more than two years from the date you first participated in the SIMPLE IRA). A conduit IRA is one that has not been mixed with regular IRA contributions.

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

Learn about exchanges, withdrawals, and more online. In particular, you can access a withdrawal modeling tool, which shows the amount of federal income taxes and early withdrawal penalties you might pay, along with the amount of earnings you could potentially lose by taking a withdrawal. Additional information can be obtained by calling the Service Center Representative at 877-CSU-3699 (877-278-3699).