• Preventive care from in-network providers is covered at 100%, with no deductible
• You share in the cost of other covered services and prescriptions by meeting a deductible and paying a portion of remaining expenses
• Once your share of covered expenses reaches the out-of-pocket limit, the plan pays benefits (for covered services) at 100% for the rest of the year
• You have the choice of using in-network or out-of-network physicians; however, in-network physicians will provide a higher cost savings than out-of-network physicians
• You do not have to designate a primary care physician
• No referrals are required for specialty care

• M&T �������� may make a contribution to your account at the start of the plan year in January
• You set an amount to contribute pre-tax, and this is deducted from your pay over the course of the year. You have the flexibility to change the amount during the year to adjust to your needs.
• You use your account to pay for qualified medical expenses that are not covered by the medical plan (deductible, coinsurance, etc.). You may also let your account grow and use it for future expenses.
• Account balances can be invested.
• Unused balances roll over from year to year – there is no “use it or lose it” rule.
• Employees must be under age 65 for the entire plan year to participate in the M&T �������� HSA. The medical plan and Flexible Spending Accounts are available to employees who are ineligible to participate in the M&T �������� HSA.

An FSA allows you to set aside pre-tax dollars to pay for qualified healthcare and dependent care expenses. M&T �������� offers a Medical Reimbursement Account, a Limited Purpose Flexible Spending Account, and a Dependent Care Reimbursement Account.

There is also an FSA that allows you to set aside pre-tax dollars to pay for parking and transit expenses.��

Our 401(k) benefit includes two components– the 401(k) and the Discretionary Employer Contribution –that work together to help you prepare for a stronger financial future. After you have completed six months of service, we will match 100% of your contributions up to 5% of your total eligible pay.

Employees who are hired on or after January 1, 2020, are eligible to receive this discretionary contribution, which is evaluated from year to year. When determined, M&T �������� will make a retirement contribution to the RSP on your behalf. This is in addition to the 401(k) plan match.