This sample Universal Availability Notice template will help with your compliance obligations for your Internal Revenue Code (IRC) section 403(b) retirement plan. TIAA cannot provide legal or tax advice. We strongly encourage you to consult with your legal counsel or advisor and have them review your policies and all other documents that comprise your written plan to determine if this specimen is sufficient. [Name of Plan] Universal Availability Notice [Name of Plan Sponsor], the “Employer,” provides you with the opportunity to save for your retirement by sponsoring the [name of 403(b) plan], the “Plan.” Your employer would like you to know more about your opportunity to participate and contribute to the Plan. Whether you want to enroll in the Plan or are already enrolled but wish to change the amount of your deferral, you can accomplish your goal by filling out a “403(b) Salary Reduction Agreement.” You can obtain a copy of the agreement and information for the Plan from the [name of plan sponsor] [benefits office, human resources, etc.] at [address], by calling [phone number], or on the [university’s, etc.] website at [url]. Eligibility All employees of the Employer who receive compensation reportable on an IRS Form W-2 are eligible to participate in the Plan. [Alternate Language if the Plan provides for exclusions: All employees of the Employer who receive compensation reportable on an IRS Form W-2 are eligible to participate in the Plan except for the following excluded classes of employees:]  [list each class of excluded employees individually] If you are not yet enrolled in the Plan, please take a moment to review the Plan materials before enrolling. Once you are enrolled, you can review and change the amount of your contributions and your investment allocations, consistent with the terms of the Plan. The exact date your investment allocations will take effect may vary depending upon the terms of the Plan and the applicable investment arrangements. Also, please be aware that the law limits the amount you may defer under this and other plans in any tax year. For 2022, the limit under all plans of this type is generally $20,500, although larger limits may apply if you are age 50 or over [and/or you have at least 15 years of service with the Employer]. Each participant only gets one limit for contributions to all 403(b) and 401(k) plans. So, if you are also a participant in a 403(b) or a 401(k) plan of either the Employer or another employer, your combined contributions to that plan and to the Plan in 2022 are generally limited to $20,500. If you do participate in more than one retirement plan, you are responsible for tracking and reporting the amount of all of your contributions to the plans so that the total amount of all your contributions to all plans in which you participate does not exceed the limit. Note also that the sum of all of your deferrals, and any contributions made by the Employer (if applicable), to all retirement plans that you participate in are generally limited to the lesser of $61,000 or 100% of your compensation in 2022. For further details, or if you have questions, please contact the [name, address, and phone number of benefits office]. P0121599 Sample Universal Availability Notice (01/22)

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