MONEY PURCHASE PLAN AND TRUST IMPROVEMENTS

The following improvements were made to the Money Purchase Plan and Trust.

1. Effective July 1, 2020, the Plan will be able to accept rollover contributions from other qualified plans.
2. Effective July 1, 2020, alternate payees will be permitted to borrow against their accounts.
3. Effective July 1, 2020, alternate payees will be permitted to make partial distributions.
4. Effective July 1, 2020, retirees will be permitted to receive monthly payments.