401(k) Retirement Savings Plan FAQs

Q. Who can enroll in the 401(k) Retirement Savings Plan?

A. All associates on US Payroll are eligible to participate in this Plan.

Q. When can I enroll in the 401(k) Retirement Savings Plan?

A. Newly hired associates may enter the 401(k) plan on a quarterly Plan entry date (January 1, April 1, July 1,
October 1) coinciding with their date of hire or on the next quarterly Plan entry date following their date of hire. If
your hire date was prior to the most recent plan entry date, you will be eligible to begin contributions as of the first
pay period of the month following your enrollment.1 If you are a new associate making an election for the first
time, your contributions will begin the first pay period after the next quarterly Plan entry date.

Q. Is Cognizant’s 401(k) Retirement Savings Plan right for me?

A. The 401(k) Retirement Savings Plan provides a way to save from payroll on a pre-tax basis by deferring Federal
and State income tax on contributions and earnings.

401(k) Retirement Savings Plan Benefit Provisions

 Eligible to contribute up to 75% of compensation up to $19,5002
 Elections made are applied per paycheck. The percentage you elect will affect
Associate Contribution your net take home pay.
 Associates aged 50+ at any point during the plan year can make catch-up
contributions up to $6,500
 Eligible after one year of service, begins the first of the month following your
anniversary date.
 Cognizant will match 50% of contribution up to 6% of your deferral per pay check
 Contributions over 6% are not matched
Company Match  Applies to the first $285,000 of compensation, up to a calendar year company
match of $8,550
 There is no company match on pays that do not contain a contribution
 Company match amounts will not appear on paystubs, only on MassMutual
website
Vesting 100% Vested

Q. When can I make changes to my 401(k) deferral election?

A. Participants may change their deferral election once per month. In order for a change to be effective, an updated
election must be made on or before the first day of the month during which the change is expected. Changes will
be effective the 1st of the month following the submission date.

1As a new employee making an election for the first time, your contribution will not be deducted from your pay until after the 1st of the next quarterly Plan entry date. If you have not made an
election by the first day of the entry date coinciding with your date of hire or entry date following your date of hire, your initial election has been recorded as zero pending your decision to change
that election.

2Highly Compensated Employees (HCEs), associates with earnings of $125,000 or more in the previous calendar year, will be restricted to $9,500 in contributions for the 401(k) in the current
calendar year and are eligible to participate in the Cognizant Supplemental Retirement Plan. HCEs aged 50+ can make catch-up contributions up to $6,500 for a total of $16,000.

NA Benefits | Cognizant Technology Solutions

Revised: June 1, 2020
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 Q. How do I enroll in or update my deferral election for the 401(k) Plan?
A. You can enroll in or update your deferral election for the 401(k) Plan on the benefits website at
cognizantbenefits.com. Once you are logged in and on the homepage, click on the “Change My Benefits” icon and
follow the steps below:

1. Click on the “Life Event” button > “Update 401(k) Deferral Amount”
2. Enter Today’s date as the effective date
3. Click on “Start Change”
4. Change the percentage amount > “Next”
5. Review your elections > click “Approve”
6. Click on “I Agree” > “Next”
7. Save or print the confirmation page for your records

MassMutual is the administrator of the Cognizant 401(k) Plan. After enrolling on cognizantbenefits.com you are
able to access the MassMutual website approximately one week prior to your first scheduled contribution.

 Log in to MassMutual’s website at retiresmart.com and click “Register for Online Access”
 Follow the instructions and answer a few validation questions
 On this website you can allocate your contributions among the various investment options offered under the
plan In addition, you will receive a quarterly retirement plan statement from MassMutual.

Q. Where do I review my 401(k) account?

A. MassMutual is the administrator of the Cognizant 401(k) Plan. After enrolling on cognizantbenefits.com you are
able to access the MassMutual website approximately one week prior to your first scheduled contribution.

 Log in to MassMutual’s website at retiresmart.com and click “Register for Online Access”
 Follow the instructions and answer a few validation questions
 On this website you can allocate your contributions among the various investment options offered under the
plan In addition, you will receive a quarterly retirement plan statement from MassMutual.
 Please update your delivery method to electronic to ensure receipt of your statements and important
disclosures. To make this update, click on your name, then preferences, input your personal email and select
Personal Email Notification

Are you ready to diversify?

You can log into your account at retiresmart.com > My Account > Investment Selection, to choose the investment
strategy that’s right for you.

Beneficiaries – Why they are Important to You

For the protection of your loved ones, it is important that you name a beneficiary and ensure it is always kept up-to-date.
Your beneficiary is the person (or persons) who will receive your retirement savings plan benefit in the event of your
death.

A primary beneficiary (or beneficiaries) is the first person (or persons) to receive the benefit while the secondary
beneficiary (or beneficiaries) is the secondary person (or persons) to receive the benefit should the primary not be able
to assume the benefit.

To ensure your benefits will be distributed according to your wishes upon your death, you must keep your beneficiary
information up- to-date. Refer to the Beneficiary Guide located in the Reference Center for more information on updating
your beneficiary information.

NA Benefits | Cognizant Technology Solutions

Revised: June 1, 2020
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Questions?

Need Assistance?
The Benefit Desk Phone: (877) 561-0984  Registration assistance
Hours: 8am-8pm, Monday through Friday, EST  401(k) Enrollment assistance
Email: TheBenefitDesk@businessolver.com

MassMutual  Check your account balance

Phone: (800) 74FLASH [(800) 743-5274]  Review secure investment performance information
Web: retiresmart.com  Obtain loan information and/or apply for a loan
 Make investment changes
 Assistance with 401(k) Rollovers

The Benefits Department  Questions regarding the 401(k) Plan

Email: NABenefits@cognizant.com

CSRP Help Desk  Enrollment in the CSRP Plan

Phone: (877) 745-6308; Extension 1  Questions regarding the CSRP Plan
Hours: 11am to 8pm EST, Monday - Friday
Email: CSRP@HannaAgency.com

NA Benefits | Cognizant Technology Solutions

Revised: June 1, 2020
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