Eligibility

All employees

Employee contributions

Traditional: Pretax dollars

Roth: After-tax dollars

Generally, you may contribute up to $17,000 in 2012 to a 403(b) plan. If you participate in a traditional and Roth account, your total combined contribution cannot exceed the $17,000 IRS maximum.

Catch-up contributions

Age-based: You may contribute an additional $5,500 in 2012 if you are age 50 or older.

Service-based: You may contribute up to an additional $3,000 if you have accumulated 15 or more years of service and have under-contributed in prior years.

If you are eligible for both, you may combine the age-based and service-based catch-up contributions to save more. However, your total combined catch-up contributions to traditional and Roth plans cannot exceed the IRS maximum for each respective contribution type.

Employee withdrawals

Traditional: Taxable when withdrawn

Roth: Tax-free when withdrawn if certain conditions are met

You may withdrawal your funds upon the following events:

• Attainment of age 59½

• Separation from service for retirement

• Death

• Disability

Taxes are payable upon withdrawal and a 10% penalty may apply to withdrawals prior to age 59½. Early withdrawal penalty does not apply in certain circumstances such as:

• Attainment of age 59½.

• Death or Disability.

• Separation from service at age 55 or older.

• Substantially equal periodic payments over life expectancy taken for a period of 5 years or attainment of 59½, whichever is longer.

Early distributions

Traditional: Distributions made prior to attaining age 59½ are subject to ordinary income tax and possibly a 10% income tax penalty.

Roth: Nonqualified distributions are subject to ordinary income tax and possibly a 10% income tax penalty if made prior to attaining age 59½.

A qualified distribution is one that is made after:

• Five years from the date the first Roth contribution was made (known as the five-year aging rule or five-year clock)

and

• The account owner dies, become disabled or reaches age 59½.

To view or print a prospectus, click here. Click the appropriate link inside the box titled “Prospectuses and Other Important Materials.” Click on "Funds" in Quick Links, and funds available for your plan are displayed. The prospectus contains the investment objectives, risks, charges, expenses and other information about the respective investment company that you should consider carefully before investing. Please read the prospectus carefully before investing or sending money. You can also request a copy by calling 1-800-448-2542.