About Your Plan

Eligibility

You are eligible to participate in your plan effective immediately.

Your Contributions
The Internal Revenue Code limits the amount you can contribute to pre-tax dollars each calendar year. The federal tax law general limit for 2025 is $23,500.

If you are age 50 or older, the maximum contribution amount may be increased by an additional "catch-up" contribution of $7,500 in 2025. Elective contributions may not exceed 100% of your compensation and there is an overall limit on aggregate contributions (including employer and employee contributions) that can be made to your employer's plan. The catch-up contribution limitation is increased to $11,250 during the years that you are age 60 to 63.

A Roth 403(b) allows after-tax contributions, meaning taxes are paid before the money goes into the account. Qualified withdrawals in retirement, including contributions and earnings, are tax-free if certain conditions are met (being at least 59½ years old and having held the account for at least five years). This is attractive for individuals expecting to be in a higher tax bracket in retirement.

Rollovers
If you have an existing retirement plan account with a prior employer or an IRA, you may be able to roll over all or some of that account into this plan once you enroll. You may want to consider this if, for example, your old plan or IRA's fees, features or investment options are not satisfactory to you. A financial and/or tax professional can help you determine if this option may be right for you.

Account Access
You can obtain information and make transactions through either the website at mlr.metlife.com or the toll-free telephone number at 1-800-543-2520. Also, each quarter, you will receive a personal account statement with a detailed summary of all activity.

Lutheran Social Service of Minnesota Contribution
One of the highlights of your plan is the employer contribution. Your employer will match 50% of each dollar you contribute, on the first 4% of pay that you contribute to your plan. Additional contributions may be made by your employer regardless of the contributions you make. These contributions, if made, are at the employer's discretion and can vary from year to year. You are immediately eligible for your employer's matching contribution. You must be at least 21 years of age, have completed one year of service (1000 hours), and be employed on the last day of the plan year to be eligible for your employer's non-elective contribution.

Vesting
"Vesting" refers to entitlement to your retirement account. Anything you contribute - including rollover contributions and any earnings on that money - is always 100% vested. Under the plan, your employer's contributions are vested according to the following schedule:

Years of Service	1	2	3	4	5
Percent	20	40	60	80	100

Loans
Loans are permitted. The amount you may borrow is limited by rules under the Internal Revenue Code and your employer's plan. All loans will be based on your account balance. Please note, these loan limits apply on a combined basis to all retirement accounts with the same employer.

Withdrawals
Since your plan is designed primarily to help you save for retirement, the Internal Revenue Code has placed restrictions on when money may be withdrawn from your account before you retire. Some examples of when you may withdraw from your plan account without facing penalty include the following:

Normal Retirement Age¹
Separation from Employment
Disability²
Death
Hardship²

Need Help or More Information?

Contact your MassMutual Financial Professional for consultations, educational resources, and ongoing guidance with plan enrollment. All questions can be directed to your Mass Mutual Financial Professional using the contact information below:

Name	Phone	Email Address
Daniel Lichtblau	952-258-5014	dlichtblau@financialguide.com

* Financial professionals are available to assist eligible enrollees for Non-ERISA plans that are not affiliated with an ERISA plan. MassMutual Financial Professionals are registered representatives. MassMutual Financial Professionals are registered under MML Investors Services, LLC (“MMLIS”), a registered investment adviser and broker/dealer (Member FINRA and SIPC) and an affiliate of Massachusetts Mutual Life Insurance Company (“MassMutual”), a Massachusetts life insurance company. Neither MassMutual nor MMLIS is affiliated with Metropolitan Life Insurance Company or any of its affiliates.

¹ As defined by your plan.
² Subject to Internal Revenue Code requirements

Always consult your tax or investment professional about the income tax consequences of any withdrawals. Ordinary federal income taxes generally apply. State income taxes may also apply. An additional 10% federal income tax penalty may apply to distributions prior to age 59½.

The information contained in this document is intended to be informational in nature and should not be considered a recommendation or individualized advice to a specific individual.

This is not intended to be a summary of your plan's provisions. It only includes highlights of certain plan provisions. The plan document governs the terms of the plan and is available from your employer. In general, if any conflicts occur between this material and the plan documents provided by your employer, the plan documents provided by your employer will govern.

Any discussion of taxes is for general informational purposes only, does not purport to be complete or cover every situation, and should not be construed as legal, tax or accounting advice. Clients should confer with their qualified legal, tax and accounting professionals as appropriate.