FLORIDA INTERNATIONAL UNIVERSITY 403 (B) PLAN
SUMMARY OF PLAN PROVISIONS

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TABLE OF CONTENTSINTRODUCTION TO YOUR PLAN
ARTICLE IPARTICIPATION IN THE PLAN
How do I participate in the Plan? .................................................................................................................................................................... 1
What happens if I'm a Participant, terminate employment and then I'm rehired? ........................................................................................... 2
ARTICLE IIEMPLOYEE CONTRIBUTIONSWhat are elective deferrals and how do I contribute them to the Plan? .......................................................................................................... 2
What are rollover contributions? .................................................................................................................................................................... 2
What are In-Plan Roth Rollover Conversions? ............................................................................................................................................... 3
ARTICLE III
COMPENSATION AND ACCOUNT BALANCE
What compensation is used to determine my Plan benefits? .......................................................................................................................... 3
Is there a limit on the amount of compensation which can be considered? ..................................................................................................... 4
Is there a limit on how much can be contributed to my account each year? ................................................................................................... 4
How is the money in the Plan invested? ......................................................................................................................................................... 4
Will Plan expenses be deducted from my account balance? ........................................................................................................................... 4
ARTICLE IV
VESTING
What is my vested interest in my account? ..................................................................................................................................................... 5
ARTICLE V
DISTRIBUTIONS PRIOR TO TERMINATION OF EMPLOYMENTCan I withdraw money from my account while working? .............................................................................................................................. 5
Can I withdraw money from my account in the event of financial hardship? ................................................................................................. 5
ARTICLE VI
DISTRIBUTIONS UPON TERMINATION OF EMPLOYMENTWhen can I get money out of the Plan? .......................................................................................................................................................... 6
What is Normal Retirement Age and what is the significance of reaching Normal Retirement Age? ............................................................ 6
When am I considered to be disabled under the Plan? .................................................................................................................................... 7
How will my benefits be paid to me? ............................................................................................................................................................. 7
ARTICLE VII
DISTRIBUTIONS UPON DEATH
What happens if I die while working for the Employer? ................................................................................................................................ 7
Who is the beneficiary of my death benefit? .................................................................................................................................................. 7
How will the death benefit be paid to my beneficiary? ................................................................................................................................... 7
When must payments be made to my beneficiary (required minimum distributions)? ................................................................................... 7
What happens if I terminate employment, commence required minimum distribution payments and then die before receiving
all of my benefits? .......................................................................................................................................................................................... 8i

ARTICLE VIIITAX TREATMENT OF DISTRIBUTIONSWhat are my tax consequences when I receive a distribution from the Plan?................................................................................................. 8
Can I elect a rollover to reduce or defer tax on my distribution? .................................................................................................................... 8
ARTICLE IX
LOANS
Is it possible to borrow money from the Plan? ............................................................................................................................................... 9
ARTICLE X
CLAIMS PROCEDURES
What happens if a domestic relations order is issued with respect to my benefits in the Plan? ...................................................................... 9
Can the Employer amend the Plan? ................................................................................................................................................................ 9
What happens if the Plan is discontinued or terminated? ............................................................................................................................... 9
How do I submit a claim for Plan benefits? .................................................................................................................................................... 9
What if my benefits are denied? ..................................................................................................................................................................... 9
ARTICLE XI
GENERAL INFORMATION ABOUT THE PLAN
Plan Name ...................................................................................................................................................................................................... 9Plan Effective Dates ....................................................................................................................................................................................... 9
Other Plan Information ................................................................................................................................................................................... 10
Employer Information .................................................................................................................................................................................... 10
Plan Administrator Information ...................................................................................................................................................................... 10ii

FLORIDA INTERNATIONAL UNIVERSITY 403 (B) PLAN
SUMMARY OF PLAN PROVISIONSINTRODUCTION TO YOUR PLAN
Florida International University 403 (b) Plan ("Plan") has been adopted to provide you with the opportunity to save for retirement on a tax
advantaged basis. This Plan is a type of retirement plan known as a 403(b) plan. This Summary of Plan Provisions contains information
regarding when you may become eligible to participate in the Plan, your Plan benefits, your distribution options, and many other features of
the Plan. You should take the time to read this Summary to understand the features of the Plan.
This Summary addresses the most common questions you might have regarding the Plan. If this Summary does not answer all of yourquestions, please contact the Plan Administrator or other Plan representative. The Plan Administrator is generally responsible forresponding to questions and making determinations related to the administration, interpretation, and application of the Plan, unless those
responsibilities have been delegated to other parties. The name of the Plan Administrator can be found at the end of this Summary in the
Article entitled "General Information about the Plan."This Summary describes the Plan's benefits and obligations as contained in the legal Plan document, which governs the operation of thePlan. The Plan document is written in much more technical and precise language and is designed to comply with applicable legal
requirements. If the non-technical language in this Summary and the technical, legal language of the Plan document conflict, the Plan
document always governs. If you wish to receive a copy of the legal Plan document, please contact the Plan Administrator.
This Summary describes the current provisions of the Plan. The Plan is subject to federal laws the Internal Revenue Code and other federal
and state laws which might affect your rights. The provisions of the Plan are subject to revision due to a change in laws or due topronouncements by the Internal Revenue Service (IRS). Your Employer may also amend or terminate this Plan. The Plan Administrator
will notify you if the provisions of the Plan that are described in this Summary change.
Investment arrangement. The investment products you select (known as investment arrangements) may also affect the provisions of thePlan. In some cases the investment arrangements may limit your options under the Plan. This Summary does not address the provisions of
the various investment arrangements. You should contact the Plan Administrator or the investment provider if you have questions about theprovisions of your specific investment arrangements.
Types of contributions. The following types of contributions are allowed under this Plan:

Employee elective deferrals including Roth Deferrals

Employee rollover contributions
ARTICLE IPARTICIPATION IN THE PLAN

How do I participate in the Plan?
Provided you are not an Excluded Employee, you can begin participating under the Plan once you have satisfied the eligibility
requirements and reached your Entry Date, except as indicated below for reclassified employees. The following describes Excluded
Employees, the eligibility requirements and Entry Dates that apply. You should contact the Plan Administrator if you have questions about
the timing of your Plan participation.
Elective Deferrals
Excluded Employees. If you are a member of a class of employees identified below, you are an Excluded Employee and you are notentitled to participate in the Plan for purposes of elective deferrals. The employees who are excluded are:

employees who are enrolled as students and regularly attending classes offered by the Employer

Eligibility Conditions. You will be eligible to participate in elective deferrals on your date of hire. However, you will actuallyparticipate in elective deferrals once you reach the Entry Date as described below.
Entry Date. For purposes of elective deferrals, your Entry Date will be your date of hire.
Reclassified Employee
Regardless of the above, if it is determined that your Employer erroneously classified you as a non-Employee and you should have beentreated as an Employee, you are not entitled to participate in the Plan.

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What happens if I'm a Participant, terminate employment and then I'm rehired?
If you are no longer a Participant because of a termination of employment, and you are rehired, then you will be able to participate in thePlan on the date on which you are rehired if you are otherwise eligible to participate in the Plan.
ARTICLE IIEMPLOYEE CONTRIBUTIONSWhat are elective deferrals and how do I contribute them to the Plan?
Elective Deferrals. As a Participant under the Plan, you may elect to reduce your compensation by a specific percentage and have thatamount contributed to the Plan as an elective deferral. There are two types of elective deferrals: Pre-Tax Deferrals and Roth Deferrals. For
purposes of this Summary, "elective deferrals" generally means both Pre-Tax Deferrals and Roth Deferrals. Regardless of the type ofelective deferral you make, the amount you defer is counted as compensation for purposes of Social Security taxes.
Pre-Tax Deferrals. If you elect to make Pre-Tax Deferrals, then your taxable income is reduced by the deferral contributions so you
pay less in federal income taxes. Later, when the Plan distributes the deferrals and earnings, you will pay the taxes on those deferrals
and the earnings. Therefore, with a Pre-Tax Deferral, federal income taxes on the elective deferral contributions and on the earnings
are only postponed. Eventually, you will have to pay taxes on these amounts.
Roth Deferrals. If you elect to make Roth Deferrals, the elective deferrals are subject to federal income taxes in the year of elective
deferral. However, the elective deferrals and, in certain cases, the earnings on the elective deferrals are not subject to federal income
taxes when distributed to you. In order for the earnings to be tax free, you must meet certain conditions. See "What are my tax
consequences when I receive a distribution from the Plan?" below.
You will always be 100% vested in your elective deferrals (see the Article in this Summary entitled "Vesting").
Elective Deferral procedure. The amount you elect to defer will be deducted from your pay in accordance with a procedure established by
the Plan Administrator. If you wish to defer, the procedure will require that you enter into a Salary Reduction Agreement. You may elect todefer a portion of your compensation payable on or after your Entry Date. Such election will become effective as soon as administratively
feasible after it is received by the Plan Administrator. Your election will generally remain in effect until you modify or terminate it.
Elective Deferral modifications. You may revoke or make modifications to your salary deferral election in accordance with proceduresthat the Employer provides. See the Plan Administrator for further information.
Elective Deferral Limit. As a Participant, you may elect to defer a percentage of your compensation each year instead of receiving thatamount in cash. Your total elective deferrals in any taxable year cannot exceed a dollar limit which is set by law. The limit for 2024 is$23,000. After 2024, the dollar limit may increase for cost-of-living adjustments. See the paragraph below on Annual dollar limit.
Age 50 Catch-Up Deferrals. If you are at least age 50 or will attain age 50 before the end of a calendar year, then you may elect to defer
additional amounts (called Age 50 Catch-Up Deferrals) to the Plan as of the January 1st of that year. You can defer the additional amounts
regardless of any other limitations on the amount you can defer to the Plan. The maximum Age 50 Catch-Up Deferrals that you can makein 2024 is $7,500. After 2024, the maximum might increase for cost-of-living adjustments.
Annual dollar limit. You should also be aware that each separately stated annual dollar limit on the amount you may defer (the annualdeferral limit and the "catch-up contribution" limit) is a separate aggregate limit that applies to all such similar salary deferral amounts and"catch-up contributions" you may make under this Plan and any other cash or deferred arrangements (including other tax-sheltered 403(b)annuity contracts, simplified employee pensions or 401(k) plans) in which you may be participating. Generally, if an annual dollar limit isexceeded, then the excess must be returned to you in order to avoid adverse tax consequences. For this reason, it is desirable to request in
writing that any such excess salary deferral amounts and "catch-up contributions" be returned to you.
If you are in more than one plan, you must decide which plan or arrangement you would like to return the excess. If you decide that theexcess should be distributed from this Plan, you must communicate this in writing to the Plan Administrator no later than the March 1st
following the close of the calendar year in which such excess deferrals were made. However, if the entire dollar limit is exceeded in thisPlan or any other plan the Employer maintains, then you will be deemed to have notified the Plan Administrator of the excess. The Plan
Administrator will then return the excess deferral and any earnings to you by April 15th.
What are rollover contributions?
Rollover contributions. Subject to the provisions of your investment arrangements and at the discretion of the Plan Administrator, if you
are a Participant in the Plan who is also an employee, you might be permitted to deposit into the Plan distributions you have received fromother plans and certain IRAs. Such a deposit is called a "rollover" contribution and might result in tax savings to you. You may ask the Plan
Administrator of the other plan or the trustee or custodian of the IRA to directly transfer (a "direct rollover") to this Plan all or a portion of
any amount that you are entitled to receive as a distribution from such plan. Alternatively, you may elect to deposit any amount eligible tobe rolled over within 60 days of your receipt of the distribution. You should consult qualified counsel to determine if a rollover is in yourbest interest.
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Rollover account. Your rollover contribution will be accounted for in a "rollover account." You will always be 100% vested in your"rollover account" (see the Article in this Summary entitled "Vesting"). Rollover contributions will be affected by any investment gains orlosses. In addition, any Roth deferrals that are accepted as rollovers in this Plan will be accounted for separately.
Withdrawal of rollover contributions. You may withdraw the amounts in your "rollover account" at any time.
What are In-Plan Roth Rollover Conversions?
In-Plan Roth Rollover Conversions. Subject to the provisions of your investment arrangement and the provisions of the Plan described
below, you may elect to change the tax treatment of certain accounts from pre-tax accounts to after-tax Roth accounts. These are referred toas in In-Plan Roth Conversions because you are electing to change the tax character of an account so that it becomes a Roth account.
Taxation and Irrevocable election. You do not pay taxes on the contributions or earnings on your pre-tax accounts until you receive an
actual distribution. In other words, the taxes on the contributions and earnings in your pre-tax accounts are deferred until a distribution ismade. Roth accounts, however, are the opposite. With a Roth account you pay current taxes on the amounts contributed. When adistribution is made to you from the Roth account, you do not pay taxes on the amounts you had contributed. In addition, if you take a"qualified distribution" (explained below), you do not pay taxes on the earnings that are attributable to the contributions. Thus, with a pretax account you pay no taxes on amounts contributed to the Plan but you pay taxes on all amounts, including earnings, when they arewithdrawn. With a Roth account, you pay taxes on the amounts contributed to the Plan and generally pay no taxes on these amounts (andearnings if it is a "qualified distribution") when they are withdrawn.
An In-Plan Roth Rollover Conversion allows you to elect to change the tax treatment of all or some of the vested portion of your pre-tax
accounts by making them Roth accounts. If you make such an election, then the amount that is converted will be included in your income
for the year of the election. Once you make an election, it cannot be changed. It's important that you understand the tax effects of making
the election and ensure you have adequate resources outside of the Plan to pay the additional taxes. The In-Plan Roth Rollover Conversion
does not affect the timing of when a distribution may be made to you under the Plan; the conversion only changes the tax character of youraccount. You should consult with a tax advisor prior to electing a conversion.
Qualified Distribution. As stated above, a distribution of the earnings on your Roth account will not be subject to tax if the distribution isa "qualified distribution." A "qualified distribution" is one that is made after you have attained age 59 1/2 or is made on account of yourdeath or disability. In addition, in order to be a "qualified distribution," the distribution cannot be made prior to the expiration of a 5-year
participation period. The 5-year participation period is the 5-year period beginning on the calendar year in which you first make the In-Plan
Roth Rollover Conversion and ending on the last day of the calendar year that is 5-years later. See "What are my tax consequences when I
receive a distribution from the Plan?" later in this Summary.
Amounts that may be converted. You may elect an In-Plan Roth Rollover Conversion for all vested amounts you have in the Plan.
Account restrictions. You may elect an In-Plan Roth conversion only from the vested portion of the following accounts:

pre-tax deferral accounts

Limitations. The following limitations apply to In-Plan Roth Rollover Conversions:

The portion of your account attributable to a loan cannot be converted.
ARTICLE III
COMPENSATION AND ACCOUNT BALANCE

What compensation is used to determine my Plan benefits?
All Contributions
Adjustments to compensation. Regardless of the definition of compensation, the following adjustments will be made:

elective deferrals to this Plan and to any other plan or arrangement (such as a cafeteria plan) will be included.

Fringe benefits (e.g., reimbursements or other expense allowances, fringe benefits, moving expenses, deferred compensation andwelfare benefits) are generally excluded, except that deferred compensation shall not be excluded. Deferred compensation shall be
included, including for purposes of post-severance compensation.
compensation paid after you terminate is generally excluded for Plan purposes. However, the following amounts will be included
in compensation even though they are paid after you terminate employment, provided these amounts would otherwise have been
considered compensation as described above and provided they are paid within 2 1/2 months after you terminate employment, or iflater, the last day of the Plan Year in which you terminate employment:3
compensation paid for services performed during your regular working hours, or for services outside your regular working
hours (such as overtime or shift differential), or other similar payments that would have been made to you had you continued
employment.

compensation paid for unused accrued bona fide sick, vacation or other leave, if such amounts would have been included incompensation if paid prior to your termination of employment and you would have been able to use the leave if employment had
continued.
nonqualified unfunded deferred compensation if the payment is includible in gross income and would have been paid to you
had you continued employment.
Elective Deferrals
Definition of compensation. For purposes of elective deferrals, compensation is defined as your total compensation that is subject toincome tax and paid to you by your Employer for the Plan Year.
Is there a limit on the amount of compensation which can be considered?
The Plan, by law, cannot recognize annual compensation in excess of a certain dollar limit. The limit for the Plan Year beginning in 2024 is$345,000. After 2024, the dollar limit might increase for cost-of-living adjustments.
Is there a limit on how much can be contributed to my account each year?
The law imposes a limit on the amount of contributions that may be made to your accounts during a year. For 2024, this total cannot exceed
the lesser of $69,000 or 100% of your includible compensation (generally your compensation for the prior 12-month period, as limited
under the previous question). After 2024, the dollar limit might increase for cost-of-living adjustments.
The above limit may also need to be applied by taking into account contributions made to other retirement plans in which you area participant. If you have more than 50% control of a corporation, partnership, and/or sole proprietorship, then the above limit is based oncontributions made in this Plan as well as contributions made to any 403(b) or qualified plans maintained by the businesses you control. If
you control another business that maintains a plan in which you participate, then you are responsible for providing the Plan Administrator
with information necessary to apply the annual contribution limits. If you fail to provide necessary and correct information to the Plan
Administrator, it could result in adverse tax consequences to you, including the inability to exclude contributions to the Plan from yourgross income for tax purposes.
How is the money in the Plan invested?
The Plan assets may be invested in mutual funds and Annuity Contracts. See the Plan Administrator for further details regarding
permissible investments.
You will be able to direct the investment of your Plan account, including your elective deferrals. The Plan Administrator will provide youwith information on the investment choices available to you, the frequency with which you can change your investment choices and otherinformation. If you do not direct the investment of your Plan account, then your account will be invested in accordance with the default
investment alternatives your Employer establishes under the Plan. These default investments will be made in accordance with specific rules
under which the fiduciaries of the Plan, including your Employer and the Plan Administrator, will be relieved of any legal liability for any
losses resulting from the default investments. The Plan Administrator has or will provide you with a separate notice which details thesedefault investments and your right to switch out of the default investment if you so desire.
When you direct investments, your account is segregated for purposes of determining the earnings or losses on these investments. Youraccount does not share in the investment performance for other Participants who have directed their own investments.
You should remember that the amount of your benefits under the Plan will depend in part upon your choice of investments. Gains as well
as losses can occur and your Employer and the Plan Administrator will not provide investment advice or guarantee the performance of any
investment you choose.
Periodically, you will receive a benefit statement that provides information on your account balance and your investment returns. It is yourresponsibility to notify the Plan Administrator of any errors you see on any statements within 30 days after the statement is provided or
made available to you.
Will Plan expenses be deducted from my account balance?
Expenses allocated to all accounts. Subject to the terms of the investment arrangements funding the plan, the Plan might pay some or all
Plan related expenses except for a limited category of expenses which the law requires your Employer to pay. The category of expenses
which your Employer must pay are known as "settlor expenses." Generally, settlor expenses relate to the design, establishment or
termination of the Plan. See the Plan Administrator for more details. The expenses charged to the Plan might be charged pro rata to eachParticipant in relation to the size of each Participant's account balance or might be charged equally to each Participant. In addition, some4

types of expenses might be charged only to some Participants based upon their use of a Plan feature or receipt of a Plan distribution.
Finally, the Plan might charge expenses in a different manner as to Participants who have terminated employment with your Employer
versus those Participants who remain employed with your Employer.
Terminated employee. After you terminate employment, subject to the terms of the investment arrangements funding the Plan, your
Employer reserves the right to charge your account for your pro rata share of the Plan's administration expenses, regardless of whether your
Employer pays some of these expenses on behalf of current employees.
Expenses allocated to individual accounts. There are certain other expenses that might be paid just from your account subject to the termsof the investment arrangements funding the Plan. These are expenses that are specifically incurred by, or attributable to, you. For example,
if you are married and get divorced, the Plan might incur additional expenses if a court mandates that a portion of your account be paid toyour ex-spouse. These additional expenses might be paid directly from your account (and not the accounts of other Participants) because
they are directly attributable to you under the Plan. The Plan Administrator will inform you when there will be a charge (or charges)
directly to your account.
Your Employer might, from time to time, change the manner in which expenses are allocated.
ARTICLE IV
VESTING
What is my vested interest in my account?
You are always 100% vested in all of your Plan accounts.
ARTICLE V
DISTRIBUTIONS PRIOR TO TERMINATION OF EMPLOYMENTThe Individual Agreements governing the investment options that you selected for your Plan contributions might containadditional limits on when you can take a distribution, the form of distribution that is available as well as your right to transfer
among approved investment options. Please review both the following information in this Summary of Plan Provisions and theterms of your annuity contracts or custodial agreements before requesting a distribution. Contact your Employer or the investment
vendor if you have questions regarding your distribution options.
Can I withdraw money from my account while working?
In-service distributions. You may be entitled to receive an in-service distribution. However, this distribution is not in addition to yourother benefits and will therefore reduce the value of the benefits you will receive at retirement. This distribution is made at your election
subject to possible administrative limitations on the frequency and actual timing of such distributions.
Conditions. Generally, you may receive a distribution from certain accounts prior to termination of employment provided you satisfy anyof the following conditions:

you have attained age 59 1/2. Satisfying this condition allows you to receive distributions from elective deferrals.



you have incurred a financial hardship as described below.

Withdrawal of rollover contributions. You may withdraw amounts in your "rollover account" at any time.
Can I withdraw money from my account in the event of financial hardship?
Hardship distributions. You may withdraw money on account of financial hardship if you satisfy certain conditions, subject to any rules
and conditions set forth in the investment arrangements. This hardship distribution is not in addition to your other benefits and will
therefore reduce the value of the benefits you will receive upon termination of employment or other event entitling you to distribution ofyour account balance.
Qualifying expenses. A hardship distribution may be made to satisfy certain immediate and heavy financial needs that you have. A
hardship distribution may only be made for payment of the following:
Expenses for medical care (described in Section 213(d) of the Internal Revenue Code) for you, your spouse, your dependents or
your beneficiary.


Costs directly related to the purchase of your principal residence (excluding mortgage payments).

Tuition, related educational fees, and room and board expenses for the next twelve (12) months of post-secondary education foryou, your spouse, your children, your dependents or your beneficiary.
5
Amounts necessary to prevent your eviction from your principal residence or foreclosure on the mortgage of your principal
residence.


Payments for burial or funeral expenses for your deceased parent, spouse, children, your dependents or your beneficiary.


Expenses for the repair of damage to your principal residence (that would qualify for the casualty loss deduction under Internal
Revenue Code) without regard to the limit on casualty losses that are deductible for income tax purposes under IRC 165(h).
Expenses for disasters arising from federally declared disasters, such as your expenses and losses (including loss of income)attributable to that disaster, provided your principal residence or place of employment was in an area FEMA designates as qualifying
for individual assistance.
Beneficiary Hardship. A beneficiary is someone you designate under the Plan to receive your death benefit who is not otherwise your
spouse or dependent.
Conditions. If you have any of the above expenses, a hardship distribution can only be made if you certify and agree that all of thefollowing conditions are satisfied:(a) The distribution is not in excess of the amount of your immediate and heavy financial need. The amount of your immediate andheavy financial need may include any amounts necessary to pay any federal, state, or local income taxes or penalties reasonably
anticipated to result from the distribution; and(b) You have obtained all distributions, other than hardship distributions, currently available under all plans that your Employer
maintains; and(c) You certify (via a form for that purpose) that you have insufficient cash or other liquid assets reasonably available to satisfy theneed.
Account restrictions. You may request a hardship distribution only from the vested portion of the following accounts:

accounts attributable to elective deferrals

Restricted Amounts. There are additional restrictions placed on hardship distributions from certain accounts (referred to as "Restricted
Accounts"). You can take hardship distributions from elective deferrals but not from earnings on elective deferrals. You cannot takehardship distributions from qualified employer contributions. Ask the Plan Administrator if you need further details.
ARTICLE VI
DISTRIBUTIONS UPON TERMINATION OF EMPLOYMENTTo the extent permitted in the investment arrangements, the provisions in this Article apply to distributions from the Plan following
termination of employment.
When can I get money out of the Plan?
You might be able to receive a distribution of some or all of your accounts in the Plan when you terminate employment with your
Employer. The rules regarding the payment of death benefits to your beneficiary are described in the Article in this Summary entitled"Distributions upon Death."
If you terminate employment, you will be entitled to a distribution within a reasonable time after your termination. You must consent tothis distribution. (See the question "How will my benefits be paid?" for a further explanation of how benefits are paid from the Plan.)
Military Service. If you are a veteran and are reemployed under the Uniformed Services Employment and Reemployment Rights Act of1994, your qualified military service may be considered service with your Employer. There might also be benefits for employees who die
or become disabled while on active duty. Employees who receive wage continuation payments while in the military may benefit fromvarious changes in the law. If you think you may be affected by these rules, ask the Plan Administrator for further details.
What is Normal Retirement Age and what is the significance of reaching Normal Retirement Age?
Normal Retirement Age. Your Normal Retirement Age is the date you reach age 65.
Payment of benefits. You will become 100% vested in all of your accounts under the Plan (assuming you are not already fully vested) if
you are employed on or after your Normal Retirement Age. However, the actual payment of benefits generally will not begin until you
have terminated employment. In such event, a distribution will be made, at your election, as soon as administratively feasible. If you
remain employed past your Normal Retirement Age, you may generally defer the receipt of benefits until you actually terminate
employment. In such event, benefit payments will begin as soon as feasible at your request, but generally not later than age 70 1/2 (if you
6were born before July 1, 1949) or age 72 (if you were born after June 30, 1949). (See the question entitled "How will my benefits be paid tome?" for an explanation of how these benefits will be paid.)
When am I considered to be disabled under the Plan?
Definition of disability. Under the Plan, disability is defined as the inability to engage in any substantial gainful activity by reason of any
medically determinable physical or mental impairment that can be expected to result in death or which has lasted or can be expected to last
for a continuous period of not less than twelve months. The permanence and degree of such impairment must be supported by medical
evidence. The Plan Administrator may require that your disability be determined by a licensed physician.
How will my benefits be paid to me?
The following provisions apply to the extent permitted under the investment arrangements in which the plan assets are invested.
Lump-sum distributions. If you terminate employment and your vested account balance does not exceed $5,000, then your vested accountbalance might only be distributed to you in a single lump-sum payment.
Distribution methods. If you terminate employment and your vested account balance exceeds $5,000 (or another amount as provided inyour investment arrangement), then your vested account balance might be distributed to you under any method permitted under yourinvestment arrangements, including the following:a single lump-sum payment

installments over a period of not more than your assumed life expectancy (or the assumed life expectancies of you and yourbeneficiary)an annuity contract that the Vendor provides or purchases with your vested account balancead-hoc distributions. You may request a distribution of some or all of your Plan accounts, at any time following your terminationof employment, subject to any reasonable limits regarding timing and amounts as the Plan Administrator or your investment
arrangements may impose.
Required beginning date. There are rules that require that certain minimum distributions be made from the Plan. Distributions are
required to begin not later than the April 1st following the end of the year in which you reach age 70 1/2 (if you were born before July 1,1949) or age 72 (if you were born after June 30, 1949) or terminate employment, whichever is later. You should see the Plan Administrator
if you think you might be affected by these rules.
ARTICLE VII
DISTRIBUTIONS UPON DEATH
What happens if I die while working for the Employer?
If you die while still employed by the Employer, then your account balance will be used to provide your beneficiary with a death benefit.
Who is the beneficiary of my death benefit?
Divorce. If you have designated your spouse as your beneficiary for all or a part of your death benefit, then upon your divorce, thedesignation is no longer valid. This means that if you do not select a new beneficiary after your divorce, then you are treated as not having
a beneficiary for that portion of the death benefit.
Beneficiary designation. You may designate a beneficiary of your choosing.
No beneficiary designation. Subject to the terms of the investment arrangements, at the time of your death, if you have not designated abeneficiary or your beneficiary is not alive, then 100% of your death benefit will be paid to your estate.
How will the death benefit be paid to my beneficiary?
Distribution methods. The death benefit will be distributed to your beneficiary in any of the distribution methods that are available to you.
When must payments be made to my beneficiary (required minimum distributions)?
If your designated beneficiary is a person (other than your estate or most trusts) then minimum distributions of your death benefit must
generally begin within one year of your death and must be paid over a period not extending beyond your beneficiary's life expectancy. If
your spouse is the beneficiary, the start of payments may be delayed until the year in which you would have attained age 70 1/2 (if you
were born before July 1, 1949) or age 72 (if you were born after June 30, 1949). Generally, if you die before you are required to begin
minimum distributions (which for most people is shortly after the later of age 70 1/2 (if you were born before July 1, 1949) or age 72 (if7you were born after June 30, 1949) or retirement) and your beneficiary is not a person, then your entire death benefit must be paid within
five years after your death. Some investment products may allow a person to use this five-year rule. See the Plan Administrator for further
details.
Distributions must generally begin by April 1 of the calendar year following the year you turn age 70 1/2 (if you were born before July 1,1949) or age 72 (if you were born after June 30, 1949) or, in some cases, when you retire, if later. For more information, see IRS
Publication 590-B. Effective after December 31, 2021, generally if your designated beneficiary is a person (other than your estate or certain
trusts), then regardless of the method of distribution a beneficiary might otherwise be able to elect, minimum distributions of your death
benefit must begin no later than the end of the calendar year which follows the year of your death and must be paid over a period notextending beyond your beneficiary's life expectancy. Generally, if your beneficiary is not a person, then your entire death benefit must be
paid within five years after your death.
What happens if I terminate employment, commence required minimum distribution payments and then die before receiving all of
my benefits?
Your beneficiary will be entitled to your remaining vested interest in the Plan at the time of your death. Payments must generally come out
at least as rapidly as the required minimum distributions. See the Plan Administrator for more information regarding the timing andmethod of payments that apply to your beneficiary.
ARTICLE VIIITAX TREATMENT OF DISTRIBUTIONSWhat are my tax consequences when I receive a distribution from the Plan?
Generally, you must include any Plan distribution in your taxable income in the year in which you receive the distribution. The tax
treatment may also depend on your age when you receive the distribution. Certain distributions made to you when you are under age 59 1/2
could be subject to an additional federal 10% penalty tax.
You will not be taxed on distributions of your Roth deferrals. In addition, a distribution of the earnings on the Roth deferrals will not be
subject to tax if the distribution is a "qualified distribution." A "qualified distribution" is one that is made after you have attained age 59 1/2
or is made on account of your death or disability. In addition, in order to be a "qualified distribution," the distribution cannot be made prior
to the expiration of a 5-year participation period. The 5-year participation period is the 5-year period beginning the calendar year in which
you first make a Roth deferral to our Plan (or to a 401(k) plan or another 403(b) plan if such amount was rolled over into this Plan) andending on the last day of the calendar year that is 5 years later.
Can I elect a rollover to reduce or defer tax on my distribution?
Rollover or Direct Transfer. You may reduce, or defer entirely, the tax due on your distribution through use of one of the following
methods:(a) 60-day rollover. You may roll over all or a portion of the distribution to an Individual Retirement Account or Annuity (IRA) or
another employer retirement plan willing to accept the rollover. This will result in no tax being due until you begin withdrawing funds
from the IRA or other qualified employer plan. The rollover of the distribution, however, MUST be made within strict time frames(normally, within 60 days after you receive your distribution). Under certain circumstances, all or a portion of a distribution (such as ahardship distribution) may not qualify for this rollover treatment. In addition, most distributions will be subject to mandatory federal
income tax withholding at a rate of 20%. This will reduce the amount you actually receive. For this reason, if you wish to roll over all
or a portion of your distribution amount, then the direct rollover option described in paragraph (b) below would be the better choice.
(b) Direct rollover. For most distributions, you may request that a direct transfer (sometimes referred to as a direct rollover) of all ora portion of a distribution be made to either an Individual Retirement Account or Annuity (IRA) or another employer retirement plan
willing to accept the transfer (See the question entitled "What are In-Plan Roth Rollover Conversions?" for special rules on In-Plan
Roth Rollovers). A direct transfer will result in no tax being due until you withdraw funds from the IRA or other employer plan. Likethe 60-day rollover, under certain circumstances all or a portion of the amount to be distributed may not qualify for this direct transfer.
If you elect to actually receive the distribution rather than request a direct transfer, then in most cases 20% of the distribution amountwill be withheld for federal income tax purposes.
Tax Notice. WHENEVER YOU RECEIVE A DISTRIBUTION THAT IS AN ELIGIBLE ROLLOVER DISTRIBUTION, THE PLAN
ADMINISTRATOR WILL DELIVER TO YOU A MORE DETAILED EXPLANATION OF THESE OPTIONS. HOWEVER, THE
RULES WHICH DETERMINE WHETHER YOU QUALIFY FOR FAVORABLE TAX TREATMENT ARE VERY COMPLEX. YOU
SHOULD CONSULT WITH QUALIFIED TAX COUNSEL BEFORE MAKING A CHOICE.

8ARTICLE IX
LOANS
Is it possible to borrow money from the Plan?
Yes, it is possible to borrow money from the Plan. Loans are permitted in accordance with the Plan Loan Policy and subject to thelimitations of your investment arrangements.
ARTICLE X
CLAIMS PROCEDURES
What happens if a domestic relations order is issued with respect to my benefits in the Plan?
The Plan Administrator must honor a domestic relations order (DRO). A DRO is defined as a decree or order issued by a court thatobligates you to pay child support or alimony, or otherwise allocates a portion of your assets in the Plan to your spouse, former spouse,children or other dependents (referred to as alternate payees). If a DRO is received by the Plan Administrator, all or a portion of yourbenefits may be used to satisfy that obligation. The Plan Administrator will determine the validity of any domestic relations order received.
You and your beneficiaries can obtain from the Plan Administrator, without charge, a copy of the procedure used by the Plan Administrator
to determine whether a domestic relations order is valid.
Can the Employer amend the Plan?
Your Employer has the right to amend the Plan at any time. In no event, however, will any amendment authorize or permit any part of thePlan assets to be used for purposes other than the exclusive benefit of Participants or their beneficiaries. Additionally, no amendment willcause any reduction in the amount credited to your account.
What happens if the Plan is discontinued or terminated?
Although your Employer intends to maintain the Plan indefinitely, your Employer reserves the right to terminate the Plan at any time. Upon
termination, no further contributions will be made to the Plan and all amounts credited to your accounts will continue to be 100% vested.
Your Employer will direct the distribution of your accounts in a manner permitted by the Plan as soon as practicable. You will be notified
if the Plan is terminated.
How do I submit a claim for Plan benefits?
You may file a claim for benefits by submitting a written request for benefits to the Plan Administrator. You should contact the Plan
Administrator to see if there is an applicable distribution form that must be used. If no specific form is required or available, then yourwritten request for a distribution will be considered a claim for benefits. In the case of a claim for disability benefits, if disability isdetermined by the Plan Administrator (rather than by a third party such as the Social Security Administration), then you must also include
with your claim sufficient evidence to enable the Plan Administrator to make a determination on whether you are disabled.
What if my benefits are denied?
Your request for Plan benefits will be considered a claim for Plan benefits, and it will be subject to a full and fair review. If your claim iswholly or partially denied, the Plan Administrator will provide you with a written or electronic notification of the Plan's adverse
determination.
ARTICLE XI
GENERAL INFORMATION ABOUT THE PLAN
There is certain general information which you may need to know about the Plan. This information has been summarized for you in this
Article.
Plan Name
The full name of the Plan is Florida International University 403 (b) Plan.
Plan Effective Dates
This Plan was originally effective on January 1, 1984. The amended and restated provisions of the Plan become effective on January 1,
2023.

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Other Plan Information
Plan Year. The Plan's records are maintained on a twelve-month period of time. This is known as the Plan Year. The Plan Year ends on
December 31st.
The Plan will be governed by the laws of the state of the Employer's principal place of business to the extent not governed by federal law.
Employer Information
The Employer's name, address, business telephone number and identification number are:
Florida International University Board of Trustees
11200 SW 8th Street
Miami, Florida 33199
305-348-2181
65-0177616
Plan Administrator Information
The Plan Administrator is responsible for the day-to-day administration and operation of the Plan. For example, the Plan Administrator
maintains the Plan records, including your account information, provides you with the forms you need to complete for Plan participation,and directs the payment of your account at the appropriate time. If you have any questions about the Plan or your participation, you should
contact the Plan Administrator. The Plan Administrator may designate other parties to perform some duties of the Plan Administrator, andsome duties are the responsibility of the investment provider(s) to the Plan.
The name, address and business telephone number of the Plan's Administrator are:Contact:
Address:
Telephone:

Florida International University 403(b) Plan Committee
11200 SW 8th Street PC 224
Miami, Florida 33199
305-348-2181

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