Page 2 - TimkenSteel 2022 Benefit Guide

YOUR TIMKENSTEEL BENEFITS

We understand the important role that benefits play in the lives of you and your family. As a new hire and then
annually during annual enrollment in the fall, you have an opportunity to make changes to your benefits package
to ensure you and your family have the right coverage.

This benefits guide can help familiarize you with TimkenSteel’s benefit options. It also provides useful tips, tools
and resources to help you think through your options and make wise decisions. As you prepare to enroll:

• Consider your benefit coverage needs for the upcoming year. For example, is your family financially protected if
you can’t work due to an accident or illness?
• Consider other available coverage.
• Gather information you’ll need. If you are adding covered dependents, you will need their dates of birth and
Social Security numbers.
• In addition, you may need to provide legal documentation verifying their eligibility — such as a marriage license
or birth certificate.
Getting the most value from your benefits depends on how well you understand your plans and how you choose
to use them. Be sure to read this entire guide for important information about your benefit options.

TABLE OF CONTENTS

3 What's New for 2022? 13 Dental Plan
4 Benefit Basics 14 Vision Plan

5 Eligibility 15 Life Insurance and Disability
6 Medical and Pharmacy 16 Voluntary Plans

8 Medical and Pharmacy Plan Resource 17 Additional Benefits

9 Wellness Credit 18 401(k) Retirement Savings Plan
10 Savings Accounts 19 Benefit Costs

11 Health Savings Accounts 20 Glossary
12 Flexible Spending Accounts 21 Contact Information

Enrolling in Your Benefits

Go to the MyTotalRewards Register or Begin the benefits Elect the benefits Save or submit Print a copy of
portal through the log in enrollment process you want your elections your elections for
SteelNet homepage or go your records
to https://mytotalrewards.
timkensteel.com

2