Page 5 - Electronic Arts Inc. 401(k) Plan

Plan Provisions
ELIGIBILITY REQUIREMENTS
All employees are eligible to enroll in the Plan upon date of hire.
AUTOMATIC ENROLLMENT
If you take no action within 30 days of becoming eligible, you will be automatically enrolled in the Plan at a 6% pre-tax deferral rate and your contributions will be invested in a Vanguard Target Date Fund based on your age, as determined by the Plan. To opt out of auto enrollment or select a different percentage, log in to your Plan account or call Participant Services at 800-724-7526.
You may request a refund of any automatic contributions within 90 days after the rst deduction from your paycheck. To request a refund, call Participant Services at 800-724-7526.
YOUR CONTRIBUTIONS
You may contribute from 1% to 50% of your eligible base salary (base pay plus overtime compensation), and/or bonus pay, up to the annual IRS maximum. If you are age 50 or older by the end of the calendar year, you have a higher annual maximum contribution limit and may make additional catch-up contributions.
There are two ways to make contributions:
• Pre-Tax:Yourcontributionsarewithheldonapre-taxbasisandmayhelpyouloweryour current tax liabilities. Any potential earnings on your pre-tax retirement plan investments grow tax deferred.
• Roth401(k)After-Tax:Yourcontributionsarewithheldonanafter-taxbasis.Youwillnot owe additional taxes on contributions when distributed and any potential investment earnings on your Roth 401(k) after-tax deferrals can be tax-free upon distribution if you meet certain requirements:
- The distribution occurs at least 5 years after your rst Roth 401(k) contribution is made to the Plan.
- You have attained age 591⁄2, become disabled, or passed away.
The sum of your pre-tax and Roth 401(k) after-tax contributions combined cannot exceed the annual IRS maximum. To calculate what option might work for you, visit the Roth 401(k) Calculator on workplace.schwab.com.
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