71 RETIREMENT SAVINGS Scripps Health 403(b) Plan The Scripps Health 403(b) Plan is designed to make saving for your retirement flexible, simple, and convenient. You can save with pre-tax dollars and/or Roth after-tax contributions. Eligibility The 403(b) Plan is available to all employees on the first day of employment. Enrollment You may enroll in the plan at any time by calling Fidelity Investments at 800-343-0860 or logging in at www.netbenefits.com Employee Contributions You can save using pre-tax and/or Roth after-tax contributions — whichever best suits your savings strategy. You may defer up to eighty percent of pay. The IRS limit on your total pre-tax and Roth contributions is $23,500 for 2025. If you are at least age 50 during the year you can make an additional $7,500 "catch up" contribution. Employees ages 60-63 can contribute an additional $3,750 in 2025. Check www.netbenefits.com or call Fidelity at 800-343-0860 for 2026 limit updates. For more information on Roth after-tax contributions, review your plan enrollment guide or go to www.netbenefits.com. Vesting Vesting is a term that describes ownership in your account balance. You are always 100% vested in your contributions to the Plan as well as any investment earnings on your contributions. Distributions Distributions from the Plan are generally permitted upon termination of employment, attainment of age 59 1/2, retirement, total and permanent disability, and death. In addition, distributions for IRS-defined hardships are available. Distributions may be subject to taxes and penalties. Be sure to consult with your tax advisor before taking a distribution from your account. For more information or to request a distribution, go to www.netbenefits.com or call Fidelity at 800-343-0860. Loans You may borrow from your 403(b) account. Loan repayments, including interest, are deducted from your pay on an after-tax basis. For more information or to model or request a loan, go to www.netbenefits.com or call Fidelity at 800-343-0860. Investment Choices The plan offers you a range of investment options. In addition to “core” funds, the investment options include target date funds, which are a mix of stocks, bonds and short-term investments within a single fund, invested based on the years until the fund's target retirement date. If you choose to, you can have Fidelity manage your plan investments by taking advantage of Fidelity's Portfolio Advisory Services at Work program. Additionally, you can broaden your investment choices through the Fidelity's BrokerageLink feature. For more information or to see if these options are right for you, go to www.netbenefits.com or call Fidelity at 800-343-0860. Quick Facts ACCOUNT • Y ou can make pre-tax and/or designated Roth after-tax contributions to your account • You choose how your account is invested ENROLLMENT • You may enroll at any time by calling Fidelity Investments at 800-343-0860 or enrolling online at www.netbenefits.com RESOURCES • Fidelity – 800-343-0860 or www.netbenefits.com Note: Directors and above are eligible to enroll in the Scripps Health 457(b) Plan, a non-qualified plan. The 457(b) allows pre-tax contributions up to $23,500 for 2025. Scripps does not contribute to this plan. For additional information go to www.netbenefits.com or call Fidelity at 800-3430860. For questions, call the HR Service Center at 858678-MyHR (6947) or email hr@scrippshealth.org.
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