Lennox

Lennox Inc.
Terms and Conditions

The Lennox Match Maximizer and other materials accessible through this website (collectively the "website") are provided by Lennox Inc. and are intended to provide you with information and resources to learn more about your 401(k) Plan and other plans or programs. By clicking "I Agree," you consent to electronic receipt, and agree that you have received electronically, read, and are bound by the terms and conditions of use herein (the "Terms"):

The information and resources provided through this website, including the text, graphics, images, and other materials, are provided as general information, may be based on various assumptions relating to your age, eligibility, elections, expenses, compensation or investment return, and neither represent nor are intended to be specific advice to you or anyone else on any particular matter, including, but not limited to, investment, tax, legal, retirement planning, insurance, financial, health, or similar advice. The website should not be used or relied upon by you as a substitute for your independent research or for professional advice regarding your own specific situation. Your actual experience may vary from the estimates modeled by this website.

This website is intended only for your personal non-commercial use, and you may not modify, copy, display, distribute, reverse engineer, or otherwise extract any source code, algorithms, methods or techniques embodied in the website.

The website is provided on an "as is", "where is", "as available" and "with all faults" basis, without warranty of any kind, express or implied, including, without limitation, warranties of merchantability, fitness for a particular use, purpose, title, or non-infringement. In no event shall Lennox Inc. be liable for any damages whatsoever, including, without limitation, consequential, incidental, special or indirect damages or other pecuniary loss, that result from use of or loss of use of the website. The rights, exclusions, warranty disclaimers and limitations of liability under these Terms operate to the benefit of Lennox Inc.'s subcontractors, licensors, and vendors to the same extent that such provisions operate to the benefit of Lennox Inc.

Nothing on this website is intended to create, or meant to be construed to create, a contract of employment between you and Lennox Inc. or any of its affiliates or subsidiaries. Lennox Inc. reserves the right to amend or discontinue the plans and/or programs described on the website, in whole or in part, at any time for any reason without prior notice to, or consent by, employees.

Although this website contains summary information about benefits under Lennox Inc.'s employee benefit plan(s) and/or programs, it is not intended to provide every detail. More information can be found in the individual Summary Plan Description and more complete details will be included in the plan documents of the various plans and/or programs. In the event of a discrepancy or inconsistency between the content described on the website, including any estimated calculations, and the provisions of the applicable plan(s) or program(s), the terms of the legal plan documents or program documents are controlling and will govern the amount, if any, you may be entitled to receive under any benefits, compensation, stock, or other Lennox Inc. plan or program.

Lennox Inc. reserves the right to amend the terms of use herein at any time, which shall become effective immediately.

Lennox Inc.
Terms and Conditions

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The Lennox Match Maximizer

This Lennox Match Maximizer is designed to help you decide how much to contribute to your 401(k) Plan to help you maximize your pre-tax 401(k) and/or Roth employee contributions, company matching contributions and catch-up contributions (if applicable). By simply entering some key elements — age, salary, payroll date and year-to-date contributions — you'll get a summary showing how you might want to allocate your savings.

We recommend that you consider different scenarios, modeling the impact of increases or decreases to your 401(k) contribution election, assumed pay amounts, or other inputs.

2024 Qualified Plan and IRS limits.

Eligible compensation$345,000 is the 401(a)(17) annual compensation limit set by the IRS. for the 401(k) Plan	$345,000
Pre-Tax/Roth Contribution Limit	$23,000
Catch-up Contribution Limit for employees 50 years of age or older as of December 31, 2024	$7,500*

* There is no employer match on Catch-up Contributions.

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Your Inputs

Please enter your information in the categories below. We recommend that you consider different scenarios, such as increasing or decreasing your assumed pay or other inputs until you are satisfied with your results.

Employee Information Effective for 2024:

Which 401(k) plan do you participate in?
Will you be age 50 or older during 2024?	Yes No
Date of Hire: (mm/dd/yyyy)	/ /

YTD DeferralsPlease enter your year-to-date Pre-tax/Roth 401(k) Contributions, in whole dollars. This will be the sum of any amounts listed in the YTD columns on your pay stub for 401(k) Pre-tax and 401(k) Roth deduction items, but should not include Catch-Up Contributions. up to last paycheck:	$
YTD Employer MatchPlease enter your year-to-date Match Contribution, in whole dollars. This will be the amount listed in the YTD column on your pay stub for Lennox Match Contribution. up to last paycheck:	$
YTD Catch-up DeferralsIf applicable, please enter your year-to-date Catch-Up Contributions, in whole dollars. This will be the sum of any amounts listed in the YTD columns on your pay stub for 401(k) Catch-Up and 401(k) Roth Catch-Up deductions. up to last paycheck:	$
Your annual base salary effective 01/01/2024:	$
Your expected bonus to be paid in 2024:	$
Your expected merit increase in 2024 (percent):	%
First paycheck to include expected salary increases: For annual merit increases, use
Your expected annual commissionsPlease enter the amount of commisions you expect to receive throughout the year. The tool assumes you will receive commisions on a monthly basis. for 2024:	$

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Your Results

This page illustrates the contribution percentages and employer match resulting from the inputs you have provided on the prior page. The resulting contribution percentages allow you to reach the Pre-Tax/Roth contribution limit of $23,000, the catch-up contribution limit of $7,500 (if applicable) and maximize your employer matching contribution.

Your Results

Total Annual Compensation:

Total Eligible Compensation for Deferrals and Catch-up (if applicable):

To maximize Pre-Tax/Roth employee and employer contributions your deferral percentage should be:

Your Total Pre-Tax/Roth Employee Contribution is:

Your Lennox Base Contribution is:

Your Total Employer Match is:

To maximize Catch-Up Contributions your deferral percentage should be:

Your Total Catch-Up Contribution is:


	Please note that the Plan only allows deferrals in whole percentage increments. If the calculated percentages are not a whole percentage, please use as a guideline for your actual deferral percentage elections.

Month	Employee Pre-Tax/Roth %	Pre-Tax/Roth Contribution	Employer Matching Contribution	Employee Catch-Up %	Catch-Up Contribution
Change all %'sThis drop down can be used to change all months' deferral percentages to be the one percentage selected here.

Please note that the amounts above are monthly totals and, based on your compensation frequency, reflect all estimated compensation occurring in the corresponding month.
only allows for whole percentage increment elections from 1% to 75% for employee contributions.
There is no employer match on your catch-up contributions.

Totals:

Summary

Pre-Tax/Roth Employee Contribution including YTD:
Lennox Base Contribution:
Employer Match including YTD:
Catch-Up Contributions including YTD:
Total Contributions:

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